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10 Cloud Security Startups to Watch in 2014

Jeff Vance | Jan. 15, 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.

Competitive Landscape: Competitors include Gazzang, Perspecsys, Porticor, Vormetric, and Voltage Security.

4. HyTrust
What they do:
Develop virtualization security tools, which organizations can use to enforce centralized policies over virtual and cloud infrastructures.

Headquarters: Mountain View, Calif.

CEO: John De Santis serves as CEO. Eric Chiu co-founded the company and is its president. De Santis was formerly Chairman and CEO of TriCipher, a software security infrastructure company acquired by VMware in 2010. After the acquisition, he served as VP, Cloud Services for VMware. Chiu was previously VP of Sales and Business Development for Cemaphore Systems.

Founded: 2009

Funding: HyTrust has raised $34.5 million from both venture capital investment firms, including Trident Capital, Granite Ventures and Epic Ventures, as well as strategic corporate investors such as Cisco, VMware, Intel Capital, and Fortinet. In-Q-Tel, the investment arm for the U.S. intelligence community, has also invested in the company.

Why they're on this list: Virtualized and cloud infrastructures create new security, control, management, and compliance challenges for IT staffs. Organizations take big risks when they move to the cloud or rely on virtualization when critical applications and sensitive information are not properly secured.

The HyTrust Appliance delivers access control, enforcement of policy across virtual infrastructures, hypervisor hardening, and audit-quality logging. By addressing these requirements, HyTrust is able to provide organizations with the control and visibility required for them to virtualize Tier 1 applications, meet corporate governance requirements, and avoid costly downtime or other possibly more serious business disruption.

Customers include AIG, US Army, Northrop Grumman, Pepsi, McKesson, Home Shopping Network, Federal Reserve Bank of Chicago, UC Berkeley, State of New Mexico, and Denver Museum of Nature & Science.

Competitive Landscape: The cloud security market is incredibly crowded, but HyTrust has carved out a solid niche by focusing on hypervisor vulnerabilities. Competitors include Altor Networks (now Juniper) and Catbird.

5. ForgeRock
What they do:
Provide identity management solutions

Headquarters: San Francisco, Calif.

CEO: Mike Ellis, who previously held senior executive roles at SAP, i2 Technologies, Oracle, and Apple.

Founded: 2010

Funding: ForgeRock has secured $22 million in two rounds of funding from Foundation Capital and Accel Partners.

Why they're on this list: Identities and application access are two of the main security challenges in the cloud/mobile/social age. Yet, most solutions are still point products that do little to unify identity management.

ForgeRock offers a "unified, open-source identity stack to protect enterprise, cloud, social and mobile applications at Internet scale." ForgeRock's Open Identity is built to address the needs of the next generation of identity and access management (IAM), especially as more and more people and things are assigned identities across networks.

Moreover, as customers expect to engage with business more, companies are making the shift to customer-facing IAM solutions, and ForgeRock's solution is designed to meet these emerging needs.

 

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