10 Cloud Security Startups to Watch in 2014

The market for cloud security tools is expected to grow significantly in the coming year. Here are 10 cloud security startups that could help boost cloud adoption in 2014 and beyond.

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7. Netskope

Netskope, cloud security tool startup

What they do: Provide cloud application analytics and policy creation tools that "eliminate the Catch-22 between being agile [and being] secure and compliant by providing complete visibility and enforcing sophisticated policies in cloud apps."

Headquarters: Los Altos, Calif.

CEO: Sanjay Beri. Prior to Netskope, Beri was the GM of Juniper Network's secure access and mobile business units and led the company's India office. Before that, he co-founded Ingrian Networks, which was later acquired by SafeNet.

Founded: 2012

Funding: The company is backed by $21.4 million from Lightspeed Ventures and The Social+Capital Partnership.

Why they're on this list: The last obstacle to the mainstreaming of public cloud services is trust. If organizations can't trust a third-party providers' security policies and data protection practices, growth will be slow. Once cloud security is on par with traditional security, adoption will spike dramatically.

Netskope argues that cloud apps have already hit a tipping point in the enterprise. While IT has ownership or stewardship for some cloud apps, employees are now more empowered than ever to go outside of IT and do it themselves, creating the whole Shadow IT problem.

Getting a handle on Shadow IT means you have to discover these services. Netskope helps companies do this, providing visibility into enterprise cloud app usage and enforcing policies to make them safe, compliant, and high performing. Netskope performs deep analytics and lets IT decision makers create policies in a few clicks that protect corporate data and optimize cloud app usage in real-time and at scale.

Competitive Landscape: This cloud security subsector is wide open right now. Skyhigh Networks is the first mover in the space, but expect to see several startups emerge from stealth mode in 2014.

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