January 08, 2013, 4:46 PM — Despite security concerns, businesses are growing more confident in adopting cloud-based services, and in addition are investing more in corporate mobile devices while also allowing employees to use their own in bring-your-own-device mode at work. So it's not surprising that recent security startups are zeroing in on things such as encrypting data held in the cloud or how to safeguard corporate data on BYOD devices. Venture-capital firms are eagerly funding these startups -- noticeable among them is Andreessen Horowitz, plowing $9.5 million into mobile-security startup Bluebox in June and $30 million into CipherCloud just last month.
Here are the security startups we're keeping an eye on in 2013 to see what they roll out, and if they're snapped up by larger security vendors to quickly gain a foothold in cloud or mobile security. That's what happened to mobile risk-management startup Mobilisafe just three months after its debut, acquired by vulnerability-assessment firm Rapid7.
Some startups have large-scale aspirations to change the world of cloud security. Nok Nok Labs, still mainly in stealth mode, is backing the concept of a new open and flexible authentication protocol for cloud-based Web infrastructures that would be basically free but supported by the larger hardware and software vendors. ForgeRock is also an open-source advocate with its Open Identity Stack that lets enterprises and service providers centrally provision the enterprise, mobile and software-as-a-service applications. Others, though, simply contend they are building a better mousetrap for the enterprise -- as Lastline claims to do with its Previct product and service to detect malware, or TaaSERA, which formally launches at the end of the month with its behavior-based threat analysis product.
Allgress Business Risk Intelligence
Headquarters: Livermore, Calif. Founded: 2008 Funding: About $6 million, mainly from founders Jeff Bennett and Gordon Shevlin Leader: Gordon Shevlin, CEO