CB Insights Cyber Defenders Report

CYBER DEFENDERS
2017 cybersecurity trends to watch and high-momentum startups

with the potential to shape the future of digital resilience.
The technology market
intelligence platform.
CB Insights software lets you predict, discuss, and
communicate emerging technology trends using data
in ways that are beyond human cognition.
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ACCORDING TO CB INSIGHTS
From the NY Times to Bloomberg, CB Insights data is used by hundreds of
leading media outlets every week
CB INSIGHTS NEWS MENTIONS PER YEAR

1600
1200
490
211
62 16
9
2010 2011 2012 2013 2014 2015 2016(YTD)
ABOUT THE ANALYST
William Altman
Tech Industry Analyst, CB Insights
Focuses on cybersecurity and macro venture capital trends
Published research and data analysis has been featured in The New
York Times, CNN, Bloomberg, Financial Times, and The Wall Street
Journal
@AltmanW
Previously worked as an Associate in the Wamda Research Lab in
Amman, Jordan and Beirut, Lebanon
Graduate of Denison University 12 (B.S.), and MIIS 14 (M.A.)
waltman@cbinsights.com
TABLE OF CONTENTS
7 Cybersecurity funding trends 40 IoT Security
15 Cyber Defender categories 46 Mobile Security
16 2017 Cyber Defenders 50 Automobile Security
19 Quantum Encryption 55 Critical Infrastructure Security
23 Predictive Intelligence 60 Cyber Insurance
29 Deception Security 64 Appendix
33 Autonomous Systems 68 Methodology
The global cyber threat landscape is
large, complex, and varied
VCs are seizing the opportunity to fund the next
generation of cybersecurity startups
Cybersecurity is a phenomenal investment
area because companies need to fight back
against hackers that are already inside the
perimeter. Moreover, unlike most enterprise
software, continually enhanced solutions are
required because aggressors are always
changing their tactics.
Donald R. Dixon
Co-founder & Managing Director, Trident Capital Cybersecurity
Cybersecurity funding with VC participation:
$12.5 BILLION
across
1,222 DEALS
2012 - 2016
CYBERSECURITY ANNUAL VC FINANCING HISTORY
2012 - 2016 CONSISTENT ACTIVITY
279 278 IN CYBERSECURITY
273
Investors participated in
216
over 270 deals to VC-
backed cybersecurity
176
companies the last three
years running.
Funding dropped in 2016,

when the broader
venture capital industry
slowed down in terms of
$196
deals and dollars
(Full-Year Projection) deployed.
$1,316 $1,749 $2,647 $3,668 $3,074
2012 2013 2014 2015 2016

Disclosed Funding ($M) Deals
CYBERSECURITY VC INVESTMENT ACTIVITY BY STAGE
2012 - 2016 NEW SOLUTIONS ARE
STILL ON THE HORIZON
7% 9% 6% 8%
11%
9%
6% 8%
8% 5% The largest share of
3% 5%
6% 6%
1%
8%
deals to companies with
8% 9%
10%
4% VC backing in
17%
14% 16% 17% cybersecurity still goes to
11%
startups at the early
stages (Seed / Series A).
22% 29% 25%
26%
30%
Series A deals took a
larger share of the total
over the time period.
31% 34% 32% 33%
26%
2012 2013 2014 2015 2016
Seed / Angel Series A Series B Series C Series D Series E+ Other
PRIVATE LEADERS: CYBERSECURITY COMPANIES VALUED AT $1B+ EIGHT UNICORNS IN
2012 2017 YTD (3/27/2017) CYBERSECURITY
Tanium (USA) Select Investors: Executive Press, Nor-Cal Invest, Institutional Venture Partners, Andreessen Horowitz
Date reached $1B+ valuation: 3/31/2015
$3.5B
Okta (USA) Select Investors: Sequoia Capital, Khosla Ventures, Greylock Partners, Andreessen Horowitz Tanium, valued at $3.5B,
$1.11B is the most valuable
CloudFlare (USA) Select Investors: Venrock, Union Square Ventures, Pelion Venture Partners, New Enterprise Associates
private cybersecurity
$1B
company in the world.
Illumio (USA) Select Investors: Data Collective, General Catalyst Partners, Andreessen Horowitz, Accel Partners
$1B
Okta filed for IPO on
AVAST Software (CZ) Select Investors: Summit Partners (Growth Equity), CVC Capital Partners (Private Equity)
3/13/2017.
$1B
Lookout (USA) Select Investors: Lowercase Capital, Greylock Partners, Khosla Ventures, Andreessen Horowitz, Accel Partners
AVAST, located in the
$1B
Czech Republic, is the
Cylance (USA)
$1B
Select Investors: Ten Eleven Ventures, Khosla Ventures, Fairhaven Capital, DFJ Growth Fund
Date reached $1B+ valuation: 6/8/2016 only non-US unicorn.
Zscaler (USA)
$1B
Select Investors: capitalG, EMC Ventures, Lightspeed Venture Partners
Date reached $1B+ valuation: 8/3/2015 Cylance is the only new
cybersecurity unicorn to
emerge in 2016.
CYBERSECURITY + AI / ML ON THE RISE AI + CYBERSECURITY
UP AND TO THE RIGHT
With applications across

cybersecurity and the
potential to help address
industry-wide challenges;
AI is currently enjoying a
wave of attention as a
paradigm shift in
cybersecurity.
CB Insights Trends mines a massive

corpus of media articles to enable a
data-driven, real-time method to
discover, predict, and plot the arc of
rising expectations and excitement.
CB Insights Trends www.cbinsights.com 13

What makes
a Cyber Defender?
sabr dfndr
Our selected startups are early- to mid-stage high-

momentum companies pioneering technology with the
potential to transform cybersecurity.
Unicorns valued at $1B+, companies that have raised

funding past the Series C stage, and companies that
have not raised funding since 2016 were excluded.
THIS YEARS CYBER DEFENDER CATEGORIES
Quantum Encryption Predictive Intelligence Deception Security
the future of secure digital tools to identify threats early startups turning the tables
communications and help prevent attacks by deceiving attackers
Autonomous Systems IoT Security Mobile Security

software that automatically startups securing internet securing smartphones and the
executes security protocols connected devices mobile-workforce
Automobile Security Critical Infrastructure Security Cyber Insurance

startups developing cybersecurity for industrial tools for quantifying cyber-
security for connected cars control systems risk and sizing premiums
2017 CYBER DEFENDERS
Quantum Encryption Predictive Intelligence Deception Security
Autonomous Systems IoT Security Mobile Security
Automobile Security Critical Infrastructure Security Cyber Insurance
THE US HAS THE MOST
CYBER DEFENDERS
70% of the Cyber

Defenders are located in
the US, mostly in
California and
Massachusetts.
The next highest

concentration of Cyber
Defenders are in Israel,
followed by Switzerland,
the UK, Australia, and
Japan.
Quantum Encryption
The science of exploiting quantum mechanics for
cryptography. The best known type of quantum
encryption is quantum key distribution (QKD). QKD
uses quantum mechanics to secure communications
by enabling two parties to produce a shared random
secret key known only to them, which can then be
used to encrypt and decrypt messages.
Experts claim quantum cryptography is more secure

than any encryption technique used today, and will be
important when computers become more powerful.
QUINTESSENTIAL SECRECY
Description: QuintessenceLabs is developing a

commercially available quantum key distribution (QKD)
product. qOptica, the companys second generation QKD
uses quantum physics to provide a secure key exchange for
encrypting digital communications.
Total Funding: $1.1M
Select Investors: Westpac Group, Department of
Defense Australia
Image: QuintessenceLabs www.cbinsights.com 20

QUANTUM SAFE CRYPTO
Description: ID Quantique (IDQ) provides multi-protocol

network encryption solutions based on conventional and
quantum technologies. The companys Cerberis QKD server
enables a key exchange that in theory can thwart attacks
from quantum computers that could render non-quantum
forms of encryption obsolete.
Select Investors: SK Telecom, Qwave
Image: QuintessenceLabs www.cbinsights.com 21

FUTURE PROOF
Description: Post-Quantum offers quorum technology,

biometric authentication, and algorithmically encrypted
messaging to protect enterprises' data and communications
systems from advanced forms of codebreaking by both
quantum and supercomputers.
Select Investors: AM Partners, VMS Investment Group,
Barclays Accelerator
Image: Post-Quantum www.cbinsights.com 22

Predictive Intelligence
These startups offer products that are capable of
parsing various data feeds about cyber activity in-the-
wild as well as behavioral data inside an organizations
network and come up with actionable information to
help analysts thwart impending attacks.
Are we going to be able to
predict every attack? No. Are
we going to be better about
predicting trends and threats
so that were ahead of the
game? Yes.
Terry Halvorsen
Chief Information Officer, U.S. Department of Defense
Quote: MeriTalk www.cbinsights.com 24

DEEP DARK INTEL
Description: 4iQ integrates internal and external

intelligence sources like the visible web, social media,
and Deep and Dark web intelligence to help
organizations anticipate cyber-threats.
Total Funding: $14M

Select Investors: Trident Capital Cybersecurity,
Telefonica Ventures, Benhamou Global Ventures,
Adara Venture Partners
Image: 4iQ www.cbinsights.com 25

HOLDN DOWN THE FORT
Description: Fortscale Security provides organizations

with a platform combining predictive, big data
analytics and machine learning to give real-time
visibility into the actions of users and entities across
systems and networks and uncovers insider threats
by identifying unusual behaviors that pose a risk.
Total Funding: $23M
Select Investors: Intel Capital, UST Global, CME
Ventures, Swarth Group, Blumberg Capital
Image: Fortscale Security www.cbinsights.com 26

EARLIER DETECTION
Description: Anomali correlates threat indicators, real time

network activity logs, and forensic log data to detect and
identify attackers in an organization's network.
Total Funding: $56M
Select Investors: Google Ventures,

General Catalyst Partners, In-Q-Tel
Image: Anomali www.cbinsights.com 27

BEYOND PREVENTION
Description: SentinelOne offers a predictive execution

inspection engine that combines attack pattern and
malware technique modeling with crowd-sourced
security intelligence. The company uses predictive
execution modeling to detect and protect devices
against targeted, zero day threats in real time.
Select Investors: Data Collective, Redpoint Ventures,
Westly Group, ITOCHU Technology Ventures, Sound
Ventures
Image: SentinelOne www.cbinsights.com 28

Deception Security
Startups offering cybersecurity systems that deploy
decoy-assets in a network as bait for attackers, to
identify, track, and disrupt security threats such as
advanced automated malware attacks before they do
damage.
.
DECEPTIVE STRATEGY
Description: Acalvio Technologies provides advanced

threat defense solutions to detect, engage, and
respond to malicious activity inside the security
perimeter. The solutions are anchored on patented
innovations in deception security and data science.
Total Funding: Undisclosed
Select Investors: Google Ventures, Splunk, Accel
Partners, Ignition Partners, Eileses Capital
N/N/A
N/A
A
Image: Acalvio Technologies www.cbinsights.com 30

ITS A TRAP!
Description: The TrapX 360 platform captures

malware in its virtualized sensor network of
honeypots and traps, before the malware can
inflict damage.
Total Funding: $19M
Select Investors: Opus Capital, Intel Capital,
BRM Group, Liberty Media Corporation,
Strategic Cyber Ventures
Image: TrapX www.cbinsights.com 31

THE ART OF DECEPTION
Description: illusive networks provides solutions that

combat Advanced Persistent Threats (APT) by
exploiting the weakest link of any cyber attack: the
human team behind it. The company offers a platform
that deceives attackers by planting false information
about a network's resources to flag and stop threats.
Total Funding: $30M
Select Investors: New Enterprise Associates, Bessemer

Venture Partners, Microsoft Ventures
Image source: illusive networks www.cbinsights.com 32

Autonomous Systems
Software that utilizes advanced algorithms to
efficiently and instantaneously respond to security
threats, either free-of or in-tandem with human
analysts.
"You can't say that you are
going to replace your analysts.
What ends up happening is that
you put your analysts to better
use. It saves you from getting
additional people.
Golan Ben-Oni
CIO at IDT Corporation
Quote: TechTarget www.cbinsights.com 34

SIFT THE SIGNALS
Description: Sift Science offers machine learning

software that automatically learns the signals of a
threat and detects fraudulent behavioral patterns,
alerting businesses before they or their customers are
defrauded.
Select Investors: First Round Capital, Union Square
Ventures, Spark Capital
Image: Sift Science www.cbinsights.com 35

SOMETHINGS PHISHY
Description: PhishMe is a provider of threat
management for organizations concerned about
spear phishing, malware, and drive-by threats.
PhishMe Triage is a phishing-specific incident
response platform that allows analysts to automate
the prioritization, analysis, and response to phishing
threats.
Total Funding: $58M

Select Investors: Bessemer Venture Partners, Paladin
Capital Group, Aldrich Capital Partners
Image: PhishMe www.cbinsights.com 36

SEE EVERYTHING
Description: ProtectWise provides network security

with its Cloud Network DVR, a virtual camera in the
cloud that records everything on the network. The
companys cloud based software can detect threats in
real time and automatically replay stored data to
discover previously unknown threats.
Select Investors: Trinity Ventures, Crosslink Capital,
Arsenal Venture Partners
Image: Protectwise www.cbinsights.com 37

BEAMING DATA
Description: Exabeam's user behavior analytics
solution leverages existing log data to quickly detect
advanced attacks, prioritize incidents, and guide
effective responses.
Total Funding: $65M
Select Investors: Norwest Venture Partners, Icon
Ventures, Aspect Ventures
Image: Exabeam www.cbinsights.com 38

ENTERPRISE IMMUNITY
Description: Darktrace is a provider in intelligence-led
Behavioral Cyber Defense that uses advanced
mathematics to automatically detect abnormal
behavior in organizations in order to manage risks
from cyber-attacks across all network types, from
physical, virtualized, and cloud, through to IoT and
industrial control systems.

Select Investors: Invoke Capital, Talis Capital, Summit
Partners, SoftBank Group, Samsung Ventures
Image(s): EC Wise & Darktrace www.cbinsights.com 39

IoT Security
Startups that offer products and services to
authenticate IoT devices and encrypt data transmitted
throughout IoT systems and industrial internet
networks.
We are in a massive paradigm shift from
an IT perspective, we are connecting our
physical lives and our bodies to digital
tools, and it changes the way we have to
think about managing security. As we
bring more devices online, we are seeing
the number of attacks on these devices
go up proportionally.
Chris Young
General Manager of the Intel Security Group
Quote: CBR www.cbinsights.com 41

WATCH IT
Description: BIOWATCH offers a wearable biometric
recognition system for secure authentication, mobile
payment protection, and smart device interaction. It
uses the unique pattern of the user's wrist-veins to
provide a secure bio-authenticator for unlocking a
device or machine, accessing a secure internet
gateway, and more.
Select Investors: MassChallenge, SICPA, AGIRE,
Foundation for Technological Innovation
Image: BIOWATCH www.cbinsights.com 42

IDENTIFY YOURSELF
Description: Rubicon Labs develops symmetric
cryptography, digital fingerprints, and a cloud based
identity service for securing the IoT, and more.
Select Investors: Pelion Venture Partners, Akamai

Technologies, Third Point
Image: Rubicon www.cbinsights.com 43

AUTHENTICATE ACCORDINGLY
Description: Auth0 offers a platform for authentication and
authorization to implement identity solutions for IoT devices,
and more.
Select Investors: Bessemer Venture Partners, K9 Ventures,
Portland Seed Fund, Silicon Valley Bank, Trinity Ventures
Image: Auth0 www.cbinsights.com 44

IOT + CYBERSECURITY RISING IN THE PRESS IOT + CYBERSECURITY
TICKING UP AND TO
THE RIGHT
With applications in a
wide array of industries,
as well as a series of
high-profile attacks,
securing the IoT is
currently enjoying a wave
of attention.
CB Insights Trends mines a massive

corpus of media articles to enable a
data-driven, real-time method to
discover, predict, and plot the arc of
rising expectations and excitement.
CB Insights Trends www.cbinsights.com 45

Mobile Security
These startups help ensure the privacy, reliability, and
accessibility of the information that a mobile device
accesses, stores, and processes.
RESPECT MY AUTHORITY
Description: Appthority provides a cloud-based
platform that identifies and grades risky behavior in
mobile apps including known and unknown malware,
corporate data exfiltration, and intellectual property
exposure. The companys mobile security solutions
are built for the needs of enterprise security and
mobility teams.
Select Investors: Venrock, US Venture Partners, Trident
Capital Cybersecurity, Blue Coat Systems
Image: Appthority www.cbinsights.com 47

CONTINUOUSLY (MIS)BEHAVING
Description: Zimperium uses behavior-based analytics
that continuously protect mobile devices against Wi-Fi,
cellular, and host-based threats. Much like a doctor
can diagnose an illness by analyzing the symptoms
your body is exhibiting, zIPS can detect both known
and unknown threats by analyzing the behavior of your
mobile device.
Select Investors: Telstra Ventures, Sierra Ventures,
Samsung Ventures, SoftBank Group, TOYO
Image: Zimperium www.cbinsights.com 48

IS THIS A SECURE LINE?
Description: Skycures risk-based mobile security

approach is designed from the ground up to defend
against all threats that put business data at risk of
exposure, theft, and manipulation. Skycure's
technology leverages massive crowd knowledge to
proactively identify threats and secure mobile devices.
Select Investors: Pitango Venture Capital, New York
Life Insurance Company, Shasta Ventures, Foundation
Capital
Image: Skycure www.cbinsights.com 49

Automotive Security
These startups aim to protect autonomous and
connected vehicles from malicious cyber attacks.
We are obviously securing our
ecosystemand securing is a relative
word as theres no absolute security
and employing layers of defensive
measures in our vehicles and
services. Its a defensive posture and
the ability to not only detect and
monitor but to respond.
Jeff Massimilla
Chief Product Cybersecurity Officer at General Motors
Quote: Fast Company www.cbinsights.com 51

PROTECT MY RIDE
Description: Trillium protects mission critical
automotive and IoT networks from malicious cyber
attack including intrusive manipulation and passive
monitoring or eavesdropping.
Total Funding: Undisclosed
Select Investors: Global Brain Corporation, DBJ Capital,
Mizuho Capital
Undisclosed
Image: Trillium www.cbinsights.com 52

ENTRY DENIED
Description: Karamba Security protects a car's

externally connected components, identifying attack
attempts and blocking exploits from infiltrating the
car's network.
Total Funding: $5M

Select Investors: YL Ventures, GlenRock Israel,
Fontinalis Partners
Image: Karamba Security www.cbinsights.com 53

PROTECTED, CONNECTED
Description: Argus Cyber Security protects private and
commercial vehicles, fleets, connectivity platforms
and dealerships from cyber attacks.
Total Funding: $30M
Select Investors: Vertex Venture Capital, Magma

Venture Partners, Allianz Ventures, SBI Group, Startup
Autobahn
Image: Argus Cyber Security www.cbinsights.com 54

Critical Infrastructure Security
Startups offering cybersecurity for critical
infrastructure networks, especially industrial control
systems (ICS) for which disruption could cause a
debilitating impact on economic security, public health,
or safety.
One attack on a single point of failure
could lead to the disruption or destruction
of multiple vital systems in the country
directly affected, and a ripple effect
worldwide. This creates an appealing
target to those intending to harm us. And
as our cities and infrastructure evolve, so
do their weapons.
Jrgen Stock
Secretary-General of the International Criminal Police
Organization (ICPO-INTERPOL)
Quote: UN News Centre www.cbinsights.com 56

NETWORK MODELED
Description: Nozomi Networks builds models of
industrial networks and uses behavioral analytics and
continuous monitoring to detect changes to baseline
states. The result is real-time insight into ICS
networks, devices and process status, and the ability
to rapidly identify and remediate cyberattacks and
process anomalies.
Select Investors: Planven Investments, Lux Capital,
GGV Capital
Image: Nozomi Networks www.cbinsights.com 57

SYSTEM UNDERSTOOD
Description: CyberX can detect abnormal behavior on
an industrial internet network by analyzing the
operational behavior of the network using machine
learning technology, and combine that network
understanding with proprietary ICS threat intelligence
to detect and mitigate risks from cyber attacks.
Total Funding: $11M
Select Investors: UpWest Labs, Swarth Group, Glilot

Capital Partners, GlenRock Israel, Flint Capital, ff
Venture Capital
Image: CyberX www.cbinsights.com 58

CRITICAL AWARENESS
Description: Indegy provides real-time situational
awareness, visibility and security for ICS used across
critical infrastructure.
Total Funding: $18M
Select Investors: Aspect Ventures, Magma Venture
Partners, SBI Group, Vertex Ventures
Image: Indegy www.cbinsights.com 59

Cyber Insurance
Startups offering products and services for insurance
companies to better quantify cyber risk and negotiate
premiums.
CYBER INSURANCE IN THE MEDIA IN 2017:
PUBLIC SECTOR BANKS RUSH TO GET CYBER
INSURANCE POLICIES
3/13/2017
UK TERRORISM REINSURANCE FUND HOPES

TO INCLUDE CYBER - CEO
3/10/2017
EN GARDE!
Description: UpGuard offers CSTAR, a cybersecurity
preparedness score for enterprises. The score allows
businesses to understand the risk of breaches and
unplanned outages. It also offers insurance carriers a
new standard by which to effectively assess client risk
and compliance profiles.
Select Investors: Valar Ventures, Square Peg Capital,
Insurance Australia Group, 500 Startups
Image: UpGuard www.cbinsights.com 62

RISKY SCIENCE
Description: Cyence empowers the insurance industry
to understand the impact of cyber risk in the context
of dollars and probabilities.
Total Funding: $40M
Select Investors: Institutional Venture Partners, New

Enterprise Associates
Image: Cyence www.cbinsights.com 63

BIT BY BIT
Description: BitSight Technologies offers cyber
security ratings to help organizations manage third
party risk, benchmark performance, and negotiate
cyber insurance premiums.
Total Funding: $87M
Select Investors: Comcast Ventures, Flybridge Capital
Partners, GGV Capital, Globespan Capital Partners,
Liberty Global Ventures, SingTel Innov8
Image: BitSight Technologies www.cbinsights.com 64

Cyber Defenders Appendix
Additional data on the selected companies.
CYBER DEFENDERS MOST WELL-FUNDED COMPANIES SILENT CIRCLE ON TOP
2012 2017 YTD (3/20/2017)
Rank Company Disclosed Cyber Defender Category
Funding
($M)
SentinelOne and
1 SentinelOne $109.5 Predictive Intelligence Darktrace are the only
2 Darktrace $107.3 Autonomous Systems Cyber Defenders to raise
over $100M.
3 BitSight Technologies $87 Cyber Insurance
4 Exabeam $65 Autonomous Systems Of the 10 most-well

5 ProtectWise $62.11 Autonomous Systems
funded Cyber Defenders,
half are in Autonomous
6 Zimperium $60.25 Mobile Security
Systems.
7 PhishMe $58 Autonomous Systems
8 Anomali $56 Predictive Intelligence
9 Sift Science $53.5 Autonomous Systems
10 Cyence $40 Cyber Insurance
CYBER DEFENDERS MOST ACTIVE VC INVESTORS BESSEMER VENTURE
Measured by number of deals 2012 2017 YTD (3/27/2017) PARTNERS ON TOP
Rank Investor Investments In Cyber Defenders
1 Bessemer Venture
Bessemer Venture Partners Auth0 (Seed, A, B), illusive networks (B, B-II), PhishMe (C)
Partners is the only VC to
2 participate in more than
Google Ventures Anomali (A,B,C), Acalvio Technologies (B)
five deals to Cyber
2 Accel Partners SentinelOne (seed, A), Acalvio Technologies (A, B)
Defenders since 2012.
2 No VCs outside of the

Aspect Ventures Exabeam (A, B, C), Indegy (A)
seven listed participated
2 in more than four deals
Data Collective SentinelOne (seed, A, B, C)
to Cyber Defenders since
2 Magma Venture Partners Argus Cyber Security (A, B), Indegy (seed, A)
2012.
2 Trinity Ventures ProtectWise (seed, A, B), Auth0 (B)
MOSAIC MONEY SCORE COMPARISON CYBER DEFENDERS ARE
Cyber Defenders vs. All Cybersecurity Companies HIGH-MOSAIC
COMPANIES
CB Insights data-driven
Mosaic Money metric
assesses financial
signals including recency
of funding and total
raised, etc. And scores
901 companies on a scale of
0-1000.
566
Cyber Defenders Average All Cybersecurity Average
CB Insights Mosaic www.cbinsights.com 68

Methodology
How the 9 categories were selected: To identify our categories, we used CB Insights Trends
tool, which mines and organizes million of media articles to quantify media attention to tech
trends.
How the 30 companies were selected: We used CB Insights Company Mosaic, which uses
data to track private company health, using signals including recency of financing, total raised,
and investor quality. Weve gathered this data via our machine learning technology (dubbed
The Cruncher) as well as via several thousand direct submissions from firms and individual
professionals using The Editor.
The CB Insights Mosaic page walks through the factors considered in the algorithm in some
detail.
CB Insights Mosaic www.cbinsights.com 69

Where is all this data from?
The CB Insights platform has the details on all the
companies, investors, and deals included in this report.
CLICK HERE TO SIGN UP FOR FREE
CBINSIGHTS.COM
@ cbinsights
+1(212)292-3148

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CYBER DEFENDERS

2017 cybersecurity trends to watch and high-momentum startups

Think of the fundamental value chain of venture

See what other customers have to say at http://www.cbinsights.com/customer-love www.cbinsights.com 3

CB INSIGHTS NEWS MENTIONS PER YEAR

2010 2011 2012 2013 2014 2015 2016(YTD)

Funding dropped in 2016,

2012 2013 2014 2015 2016

2012 2013 2014 2015 2016

Seed / Angel Series A Series B Series C Series D Series E+ Other

With applications across

CB Insights Trends mines a massive

CB Insights Trends www.cbinsights.com 13

Our selected startups are early- to mid-stage high-

Unicorns valued at $1B+, companies that have raised

Autonomous Systems IoT Security Mobile Security

Automobile Security Critical Infrastructure Security Cyber Insurance

Autonomous Systems IoT Security Mobile Security

Automobile Security Critical Infrastructure Security Cyber Insurance

70% of the Cyber

The next highest

Experts claim quantum cryptography is more secure

Description: QuintessenceLabs is developing a

Image: QuintessenceLabs www.cbinsights.com 20

Description: ID Quantique (IDQ) provides multi-protocol

Image: QuintessenceLabs www.cbinsights.com 21

Description: Post-Quantum offers quorum technology,

Image: Post-Quantum www.cbinsights.com 22

Quote: MeriTalk www.cbinsights.com 24

Description: 4iQ integrates internal and external

Total Funding: $14M

Image: 4iQ www.cbinsights.com 25

Description: Fortscale Security provides organizations

Image: Fortscale Security www.cbinsights.com 26

Description: Anomali correlates threat indicators, real time

Select Investors: Google Ventures,

Image: Anomali www.cbinsights.com 27

Description: SentinelOne offers a predictive execution

Image: SentinelOne www.cbinsights.com 28

Description: Acalvio Technologies provides advanced

Image: Acalvio Technologies www.cbinsights.com 30

Description: The TrapX 360 platform captures

Image: TrapX www.cbinsights.com 31

Description: illusive networks provides solutions that

Select Investors: New Enterprise Associates, Bessemer

Image source: illusive networks www.cbinsights.com 32

Quote: TechTarget www.cbinsights.com 34

Description: Sift Science offers machine learning

Image: Sift Science www.cbinsights.com 35

Total Funding: $58M

Image: PhishMe www.cbinsights.com 36

Description: ProtectWise provides network security

Image: Protectwise www.cbinsights.com 37

Image: Exabeam www.cbinsights.com 38

Total Funding: $107.3M

Image(s): EC Wise & Darktrace www.cbinsights.com 39

Quote: CBR www.cbinsights.com 41

Image: BIOWATCH www.cbinsights.com 42

Select Investors: Pelion Venture Partners, Akamai

Image: Rubicon www.cbinsights.com 43

Image: Auth0 www.cbinsights.com 44

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