10 Young Security Companies to Watch in 2015

One common thread is helping to make detection and remediation easier

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Resolution1 Security

resolution

Headquarters: Menlo Park

Founded: 2014

Funding: Resolution1 Security is a spinout from AccessData Group.

Leaders: CEO Brian Karney, President and COO Craig Carpenter

Fun fact: Chief Security Office Justin Harvey has worked for successful security vendors - FireEye/Mandiant and Hewlett-Packard/ArcSight

Why we’re following it: Resolution1’s endpoint agent can identify and verify malicious behavior then automate the resolution workflow. It integrates with third-party security systems to validate alerts they send in order to reduce the number of false-positives security teams have to chase down.

Secure Channels

securechannels

Headquarters: Irvine, Calif.

Founded: 2011

Funding: Private                                              

Leaders: CEO Richard Blech, CTO Robert Coleridge

Fun fact: The company says a supercomputer making 19 quadrillion calculations per second would have to work for about 30 times the age of the universe to crack its encryption.

Why we’re following it: Secure Channels offers a platform that enables flexibly encryption parameters that give customers great leeway in determining the strength and complexity of the encryption. Secure Channels’ encryption for data at rest or data in motion quickly breaks it in to varying sized chunks and encrypts each chunk with its own key. The technology gives users the option to first encrypt an entire document, then further encrypt that in chunks so that even when a chunk is decrypted, it doesn’t appear as plain text. Its encryption schemes work with whatever encryption algorithms a business has on hand. The software runs entirely in RAM and randomizes its use of processor clock cycles to disguise patterns in the underlying data.

Sentrix

sentrix

Headquarters: Waltham, Mass., and Kfar Neter, Israel

Founded: 2011

Funding: $6 million Magma Venture Partners and Cedar Fund

Leaders: CEO Ofer Wolf, co-founders Israel Barak (GM Sentrix Americas) and Nimrod Luria (CTO)

Fun fact: The company started life under the name Foresight.

[ 5 cloud security companies to watch ]

Why we’re following it: Sentrix mirrors customers’ Web sites in Amazon Web Services and Azure clouds where it dynamically expands site resources during distributed denial-of-service attacks to keep the sites running until attackers exhaust their resources, give up or move on to easier targets. Data requests that get delivered to customers’ actual Web server back-ends are limited to those seeking the business-logic of the sites, not static content. This is a unique service that supplements other defenses and can keep sites up and running during a range of attack types including distributed denial-of-service, cross-site scripting, cross-site request forgery, SQL injection and website defacement.

Swimlane

swimlane

Headquarters: Tempe, Ariz.

Founded: 2014

Funding: Private

Leaders: CEO Cody Cornell and COO Brian Kafenbaum

Fun fact: The name Swimlane comes from a term used in security operations centers meaning a person’s area of responsibility.

Why we’re following it: Swimlane makes it simpler to gather data from its customers’ various security platforms, evaluate alerts and automate responses and puts all this in the context of faster response time and saving money. It gives each customer flexibility in what security platforms it deploys and reduces the time analysts have to spend figuring out what the current threat is. While other startups may have more money and bigger names, Swimlane is trying to address a real problem expressed by specific customers, which could be a recipe for success.

Tempered Networks

tempered

Headquarters: Seattle

Founded: 2014

Funding: $15 million from Ignition Partners and IDG Ventures plus $7 million from angels

Leaders: President and CEO Jeff Hussey (founder of F5 Networks), CTO David Mattes

Fun fact: Tempered’s technology stems from a project at Boeing to secure its manufacturing systems.

Why we’re following it: Tempered’s appliances can create multiple overlay networks within existing network infrastructure, securing traffic in each from all the others, giving businesses the capability to isolate sensitive devices from the Internet, for example, without having to re-architect the entire network. Its founders, Hussey and Mattes, have impressive credentials and have attracted investments of credible venture capital firms.

TrustPipe

trustpipe

Headquarters: Healdsburg, Calif.

Founded: 2011

Funding: Private                              

Leaders: CEO Ridgely Evers, Chief Scientist Kanen Flowers

Fun fact: Evers and Flowers have worked together three times before at nCircle, kozoru and Inquisit.

Why we’re following it: The company uses patented technology to create lightweight malware markers called behavior expressions that can detect all known attacks using a relatively small library of these markers as opposed to traditional signature libraries. For example, it says it can identify all known viruses using just 14 sets of behavior expressions. The company claims that in two years of testing attackers have never been able to compromise its platform protects. It can protect systems against attacks trying to exploit newly found vulnerabilities, so the company has issued its first version for Windows XP machines, which Microsoft no longer patches. It plans to support other Windows operating systems, Linux and Macs by the end of 2015.

This story, "10 Young Security Companies to Watch in 2015" was originally published by Network World.

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