18 Cyber Security Startups to Watch in 2019
Cybersecurity product sales already top $100 billion annually – and could exceed $300 billion by 2024. Not surprisingly, with that kind of money at stake, the cybersecurity market is one of the hottest areas for IT innovation and funding. That has given rise to a massive ecosystem of security startups. Most will fail. A few will be acquired, and one or two will emerge as new leaders in the years to come. But which ones will succeed and which will fail? eSecurity Planet selected 18 promising startups out of more than a hundred candidates. They address all aspects of cybersecurity, including threat intelligence, IoT, blockchain, AI and machine learning.
CTM360 – Protection and take down beyond the firewall
Founded in 2016
Based in Bahrain
CTM360 offers a cyber threat platform for threats and potential threats outside the firewall. In addition to detecting threats, it takes down comprised or fake email addresses, phishing URLs, impersonated profiles and more on a monthly subscription basis. This makes it attractive to large organizations, as others tend to charge for each individual response. CTM360 is a member of FIRST and the Global Cyber Alliance. Forrester gives it high marks for data risk protection. It a self-funded cybersecurity firm that has achieved profitability as well as annual recurring revenue of more than $3 million. It serves more than 90 entities across 20 countries, mostly banks as well as oil and gas companies. Its track record now has it on the radar of investors.
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