CYBER DEFENDERS2017 cybersecurity trends to watch and high-momentum startups with the potential to shape the future of digital resilience. The technology market intelligence platform. CB Insights software lets you predict, discuss, and communicate emerging technology trends using data in ways that are beyond human cognition. www.cbinsights.com 2 A FEW OF OUR HAPPY CUSTOMERS The most publicly reference-able customers of anyone in the industry “Think of the fundamental value chain of venture capital … If we play the clock forward, the finding and assessing of investments will be almost entirely done by technology, not human beings. And the company that is today positioned to be the market leader in that evolution is CB Insights." Pat Grady Sequoia Capital, Partner See what other customers have to say at http://www.cbinsights.com/customer-love www.cbinsights.com 3 com 4 .cbinsights. CB Insights data is used by hundreds of leading media outlets every week CB INSIGHTS NEWS MENTIONS PER YEAR 1600 1200 490 211 62 16 9 2010 2011 2012 2013 2014 2015 2016(YTD) www.“ACCORDING TO CB INSIGHTS…” From the NY Times to Bloomberg. CB Insights Focuses on cybersecurity and macro venture capital trends Published research and data analysis has been featured in The New York Times. and The Wall Street Journal @AltmanW Previously worked as an Associate in the Wamda Research Lab in Amman. Financial Times. Lebanon Graduate of Denison University 12’ (B.cbinsights.com 5 .ABOUT THE ANALYST William Altman Tech Industry Analyst.com www.S. and MIIS 14’ (M. Bloomberg. CNN. Jordan and Beirut.A.) waltman@cbinsights.). TABLE OF CONTENTS 7 Cybersecurity funding trends 40 IoT Security 15 Cyber Defender categories 46 Mobile Security 16 2017 Cyber Defenders 50 Automobile Security 19 Quantum Encryption 55 Critical Infrastructure Security 23 Predictive Intelligence 60 Cyber Insurance 29 Deception Security 64 Appendix 33 Autonomous Systems 68 Methodology www.cbinsights.com 6 . cbinsights. complex.com 7 .The global cyber threat landscape is large. and varied VCs are seizing the opportunity to fund the next generation of cybersecurity startups www. Moreover.com 8 . unlike most enterprise software.“Cybersecurity is a phenomenal investment area because companies need to fight back against hackers that are already inside the perimeter. continually enhanced solutions are required because aggressors are always changing their tactics.” Donald R. Trident Capital Cybersecurity www. Dixon Co-founder & Managing Director.cbinsights. cbinsights.Cybersecurity funding with VC participation: $12.2016 www.222 DEALS 2012 .5 BILLION across 1.com 9 . CYBERSECURITY ANNUAL VC FINANCING HISTORY 2012 .668 $3. Funding dropped in 2016.749 $2.316 $1. $1.2016 CONSISTENT ACTIVITY 279 278 IN CYBERSECURITY 273 Investors participated in 216 over 270 deals to VC- backed cybersecurity 176 companies the last three years running. when the broader venture capital industry slowed down in terms of $196 deals and dollars (Full-Year Projection) deployed.647 $3.com 10 .074 2012 2013 2014 2015 2016 Disclosed Funding ($M) Deals www.cbinsights. com 11 . 22% 29% 25% 26% 30% Series A deals took a larger share of the total over the time period.cbinsights.2016 NEW SOLUTIONS ARE STILL ON THE HORIZON 7% 9% 6% 8% 11% 9% 6% 8% 8% 5% The largest share of 3% 5% 6% 6% 1% 8% deals to companies with 8% 9% 10% 4% VC backing in 17% 14% 16% 17% cybersecurity still goes to 11% startups at the early stages (Seed / Series A). 31% 34% 32% 33% 26% 2012 2013 2014 2015 2016 Seed / Angel Series A Series B Series C Series D Series E+ Other www. CYBERSECURITY VC INVESTMENT ACTIVITY BY STAGE 2012 . CVC Capital Partners (Private Equity) • Date reached $1B+ valuation: 2/5/2014 3/13/2017. DFJ Growth Fund • Date reached $1B+ valuation: 6/8/2016 only non-US unicorn. Greylock Partners. valued at $3.11B is the most valuable CloudFlare (USA) • Select Investors: Venrock. PRIVATE LEADERS: CYBERSECURITY COMPANIES VALUED AT $1B+ EIGHT UNICORNS IN 2012 – 2017 YTD (3/27/2017) CYBERSECURITY Tanium (USA) • Select Investors: Executive Press. Accel Partners • Date reached $1B+ valuation: 8/13/2014 AVAST. Nor-Cal Invest. Andreessen Horowitz. EMC Ventures. $1B Lookout (USA) • Select Investors: Lowercase Capital. www. Andreessen Horowitz. Khosla Ventures. Andreessen Horowitz • Date reached $1B+ valuation: 3/31/2015 $3.cbinsights. Illumio (USA) • Select Investors: Data Collective. Khosla Ventures. Fairhaven Capital. is the Cylance (USA) $1B • Select Investors: Ten Eleven Ventures. General Catalyst Partners.5B. Accel Partners • Date reached $1B+ valuation: 4/14/2014 $1B Okta filed for IPO on AVAST Software (CZ) • Select Investors: Summit Partners (Growth Equity). • Date reached $1B+ valuation: 9/8/2015 $1. Institutional Venture Partners.com 12 . Greylock Partners. Andreessen Horowitz Tanium. located in the $1B Czech Republic. Lightspeed Venture Partners • Date reached $1B+ valuation: 8/3/2015 Cylance is the only new cybersecurity unicorn to emerge in 2016. New Enterprise Associates • Date reached $1B+ valuation: 12/1/2012 private cybersecurity $1B company in the world. Khosla Ventures. Pelion Venture Partners. Union Square Ventures.5B Okta (USA) • Select Investors: Sequoia Capital. Zscaler (USA) $1B • Select Investors: capitalG. com 13 . predict. CB Insights Trends mines a massive corpus of media articles to enable a data-driven.CYBERSECURITY + AI / ML ON THE RISE AI + CYBERSECURITY UP AND TO THE RIGHT With applications across cybersecurity and the potential to help address industry-wide challenges. and plot the arc of rising expectations and excitement.cbinsights. AI is currently enjoying a wave of attention as a paradigm shift in cybersecurity. CB Insights Trends www. real-time method to discover. com 14 . Unicorns valued at $1B+.cbinsights. and companies that have not raised funding since 2016 were excluded.What makes a Cyber Defender? ˈsaɪbər dɪˈfɛndər Our selected startups are early. www. companies that have raised funding past the Series C stage.to mid-stage high- momentum companies pioneering technology with the potential to transform cybersecurity. cbinsights.THIS YEAR’S CYBER DEFENDER CATEGORIES Quantum Encryption Predictive Intelligence Deception Security the future of secure digital tools to identify threats early startups turning the tables communications and help prevent attacks by deceiving attackers Autonomous Systems IoT Security Mobile Security software that automatically startups securing internet securing smartphones and the executes security protocols connected devices mobile-workforce Automobile Security Critical Infrastructure Security Cyber Insurance startups developing cybersecurity for industrial tools for quantifying cyber- security for connected cars control systems risk and sizing premiums www.com 15 . cbinsights.2017 CYBER DEFENDERS Quantum Encryption Predictive Intelligence Deception Security Autonomous Systems IoT Security Mobile Security Automobile Security Critical Infrastructure Security Cyber Insurance www.com 16 . followed by Switzerland. mostly in California and Massachusetts. The next highest concentration of Cyber Defenders are in Israel.cbinsights. www.com 17 . Australia.THE US HAS THE MOST CYBER DEFENDERS 70% of the Cyber Defenders are located in the US. and Japan. the UK. www.com 18 .cbinsights. cbinsights. Experts claim quantum cryptography is more secure than any encryption technique used today.Quantum Encryption The science of exploiting quantum mechanics for cryptography. and will be important when computers become more powerful.com 19 . which can then be used to encrypt and decrypt messages. www. QKD uses quantum mechanics to secure communications by enabling two parties to produce a shared random secret key known only to them. The best known type of quantum encryption is quantum key distribution (QKD). cbinsights. Department of Defense – Australia Image: QuintessenceLabs www. qOptica.com 20 . the company’s second generation QKD uses quantum physics to provide a secure key exchange for encrypting digital communications.QUINTESSENTIAL SECRECY Description: QuintessenceLabs is developing a commercially available quantum key distribution (QKD) product. Total Funding: $1.1M Select Investors: Westpac Group. 6M Select Investors: SK Telecom.cbinsights. Qwave Image: QuintessenceLabs www. The company’s Cerberis QKD server enables a key exchange that in theory can thwart attacks from quantum computers that could render non-quantum forms of encryption obsolete. Total Funding: $9.com 21 .QUANTUM SAFE CRYPTO Description: ID Quantique (IDQ) provides multi-protocol network encryption solutions based on conventional and quantum technologies. 4M Select Investors: AM Partners. Barclays Accelerator Image: Post-Quantum www.FUTURE PROOF Description: Post-Quantum offers quorum technology.cbinsights. Total Funding: $10. and algorithmically encrypted messaging to protect enterprises' data and communications systems from advanced forms of codebreaking by both quantum and supercomputers. biometric authentication. VMS Investment Group.com 22 . com 23 .Predictive Intelligence These startups offer products that are capable of parsing various data feeds about cyber activity in-the- wild as well as behavioral data inside an organization’s network and come up with actionable information to help analysts thwart impending attacks.cbinsights. www. S.com 24 . U.“Are we going to be able to predict every attack? No. Department of Defense Quote: MeriTalk www.” Terry Halvorsen Chief Information Officer. Are we going to be better about predicting trends and threats so that we’re ahead of the game? Yes.cbinsights. DEEP DARK INTEL Description: 4iQ integrates internal and external intelligence sources like the visible web. Adara Venture Partners Image: 4iQ www. social media.cbinsights.com 25 . Total Funding: $14M Select Investors: Trident Capital Cybersecurity. and Deep and Dark web intelligence to help organizations anticipate cyber-threats. Telefonica Ventures. Benhamou Global Ventures. HOLD’N DOWN THE FORT Description: Fortscale Security provides organizations with a platform combining predictive. big data analytics and machine learning to give real-time visibility into the actions of users and entities across systems and networks and uncovers insider threats by identifying unusual behaviors that pose a risk.com 26 . CME Ventures. Blumberg Capital Image: Fortscale Security www.cbinsights. Total Funding: $23M Select Investors: Intel Capital. Swarth Group. UST Global. In-Q-Tel Image: Anomali www.com 27 . real time network activity logs. General Catalyst Partners. Total Funding: $56M Select Investors: Google Ventures. and forensic log data to detect and identify attackers in an organization's network.cbinsights.EARLIER DETECTION Description: Anomali correlates threat indicators. zero day threats in real time.BEYOND PREVENTION Description: SentinelOne offers a predictive execution inspection engine that combines attack pattern and malware technique modeling with crowd-sourced security intelligence. Westly Group. The company uses predictive execution modeling to detect and protect devices against targeted. Sound Ventures Image: SentinelOne www. ITOCHU Technology Ventures.cbinsights. Total Funding: $109.5M Select Investors: Data Collective. Redpoint Ventures.com 28 . and disrupt security threats such as advanced automated malware attacks before they do damage. to identify. .cbinsights. track.com 29 . www.Deception Security Startups offering cybersecurity systems that deploy decoy-assets in a network as bait for attackers. Accel Partners. Total Funding: Undisclosed Select Investors: Google Ventures. Splunk. Ignition Partners.DECEPTIVE STRATEGY Description: Acalvio Technologies provides advanced threat defense solutions to detect. The solutions are anchored on patented innovations in deception security and data science.com 30 . Eileses Capital N/N/A N/A A Image: Acalvio Technologies www. engage. and respond to malicious activity inside the security perimeter.cbinsights. IT’S A TRAP! Description: The TrapX 360 platform captures malware in its virtualized sensor network of honeypots and traps. BRM Group. Total Funding: $19M Select Investors: Opus Capital. before the malware can inflict damage.cbinsights. Strategic Cyber Ventures Image: TrapX www.com 31 . Intel Capital. Liberty Media Corporation. The company offers a platform that deceives attackers by planting false information about a network's resources to flag and stop threats.THE ART OF DECEPTION Description: illusive networks provides solutions that combat Advanced Persistent Threats (APT) by exploiting the weakest link of any cyber attack: the human team behind it. Bessemer Venture Partners. Total Funding: $30M Select Investors: New Enterprise Associates.com 32 . Microsoft Ventures Image source: illusive networks www.cbinsights. www.Autonomous Systems Software that utilizes advanced algorithms to efficiently and instantaneously respond to security threats.cbinsights.com 33 . either free-of or in-tandem with human analysts. com 34 .” Golan Ben-Oni CIO at IDT Corporation Quote: TechTarget www. What ends up happening is that you put your analysts to better use."You can't say that you are going to replace your analysts.cbinsights. It saves you from getting additional people. Spark Capital Image: Sift Science www.5M Select Investors: First Round Capital.SIFT THE SIGNALS Description: Sift Science offers machine learning software that automatically learns the signals of a threat and detects fraudulent behavioral patterns. Union Square Ventures. Total Funding: $53.cbinsights.com 35 . alerting businesses before they or their customers are defrauded. SOMETHING’S PHISHY Description: PhishMe is a provider of threat management for organizations concerned about spear phishing. Aldrich Capital Partners Image: PhishMe www. and response to phishing threats. Total Funding: $58M Select Investors: Bessemer Venture Partners.com 36 . and drive-by threats.cbinsights. PhishMe Triage is a phishing-specific incident response platform that allows analysts to automate the prioritization. analysis. Paladin Capital Group. malware. 1M Select Investors: Trinity Ventures. Crosslink Capital. The company’s cloud based software can detect threats in real time and automatically replay stored data to discover previously unknown threats.cbinsights.com 37 .SEE EVERYTHING Description: ProtectWise provides network security with its Cloud Network DVR. a virtual camera in the cloud that records everything on the network. Arsenal Venture Partners Image: Protectwise www. Total Funding: $62. com 38 . prioritize incidents. and guide effective responses. Aspect Ventures Image: Exabeam www.cbinsights. Icon Ventures. Total Funding: $65M Select Investors: Norwest Venture Partners.BEAMING DATA Description: Exabeam's user behavior analytics solution leverages existing log data to quickly detect advanced attacks. ENTERPRISE IMMUNITY Description: Darktrace is a provider in intelligence-led Behavioral Cyber Defense that uses advanced mathematics to automatically detect abnormal behavior in organizations in order to manage risks from cyber-attacks across all network types.com 39 . Total Funding: $107. and cloud. SoftBank Group.cbinsights. through to IoT and industrial control systems.3M Select Investors: Invoke Capital. Summit Partners. virtualized. from physical. Talis Capital. Samsung Ventures Image(s): EC Wise & Darktrace www. www.IoT Security Startups that offer products and services to authenticate IoT devices and encrypt data transmitted throughout IoT systems and industrial internet networks.com 40 .cbinsights. cbinsights. and it changes the way we have to think about managing security. we are seeing the number of attacks on these devices go up proportionally.“We are in a massive paradigm shift from an IT perspective.” Chris Young General Manager of the Intel Security Group Quote: CBR www.com 41 . As we bring more devices online. we are connecting our physical lives and our bodies to digital tools. accessing a secure internet gateway.13M Select Investors: MassChallenge.com 42 . and more. Total Funding: $2. AGIRE. mobile payment protection. and smart device interaction.cbinsights.WATCH IT Description: BIOWATCH offers a wearable biometric recognition system for secure authentication. Foundation for Technological Innovation Image: BIOWATCH www. It uses the unique pattern of the user's wrist-veins to provide a secure bio-authenticator for unlocking a device or machine. SICPA. Total Funding: $18.4M Select Investors: Pelion Venture Partners.IDENTIFY YOURSELF Description: Rubicon Labs develops symmetric cryptography. Third Point Image: Rubicon www. digital fingerprints. and more. and a cloud based identity service for securing the IoT.cbinsights.com 43 . Akamai Technologies. K9 Ventures.AUTHENTICATE ACCORDINGLY Description: Auth0 offers a platform for authentication and authorization to implement identity solutions for IoT devices.com 44 .cbinsights. Trinity Ventures Image: Auth0 www.2M Select Investors: Bessemer Venture Partners. Portland Seed Fund. Silicon Valley Bank. Total Funding: $24. and more. CB Insights Trends www.cbinsights. predict.com 45 . as well as a series of high-profile attacks. real-time method to discover. securing the IoT is currently enjoying a wave of attention. CB Insights Trends mines a massive corpus of media articles to enable a data-driven. and plot the arc of rising expectations and excitement.IOT + CYBERSECURITY RISING IN THE PRESS IOT + CYBERSECURITY TICKING UP AND TO THE RIGHT With applications in a wide array of industries. Mobile Security These startups help ensure the privacy.cbinsights. and accessibility of the information that a mobile device accesses. stores. and processes. reliability.com 46 . www. Blue Coat Systems Image: Appthority www. and intellectual property exposure.RESPECT MY AUTHORITY Description: Appthority provides a cloud-based platform that identifies and grades risky behavior in mobile apps including known and unknown malware.3M Select Investors: Venrock. US Venture Partners. Trident Capital Cybersecurity. corporate data exfiltration. The company’s mobile security solutions are built for the needs of enterprise security and mobility teams.cbinsights. Total Funding: $23.com 47 . cellular.cbinsights. SoftBank Group. Much like a doctor can diagnose an illness by analyzing the symptoms your body is exhibiting. TOYO Image: Zimperium www. Sierra Ventures. zIPS can detect both known and unknown threats by analyzing the behavior of your mobile device. and host-based threats.CONTINUOUSLY (MIS)BEHAVING Description: Zimperium uses behavior-based analytics that continuously protect mobile devices against Wi-Fi. Samsung Ventures.com 48 . Total Funding: $60.3M Select Investors: Telstra Ventures. IS THIS A SECURE LINE? Description: Skycure’s risk-based mobile security approach is designed from the ground up to defend against all threats that put business data at risk of exposure, theft, and manipulation. Skycure's technology leverages massive crowd knowledge to proactively identify threats and secure mobile devices. Total Funding: $27.5M Select Investors: Pitango Venture Capital, New York Life Insurance Company, Shasta Ventures, Foundation Capital Image: Skycure www.cbinsights.com 49 Automotive Security These startups aim to protect autonomous and connected vehicles from malicious cyber attacks. www.cbinsights.com 50 “We are obviously securing our ecosystem–and securing is a relative word as there’s no absolute security– and employing layers of defensive measures in our vehicles and services. It’s a defensive posture and the ability to not only detect and monitor but to respond.“ Jeff Massimilla Chief Product Cybersecurity Officer at General Motors Quote: Fast Company www.cbinsights.com 51 DBJ Capital.cbinsights.PROTECT MY RIDE Description: Trillium protects mission critical automotive and IoT networks from malicious cyber attack including intrusive manipulation and passive monitoring or eavesdropping.com 52 . Mizuho Capital Undisclosed Image: Trillium www. Total Funding: Undisclosed Select Investors: Global Brain Corporation. cbinsights. GlenRock Israel. Total Funding: $5M Select Investors: YL Ventures.ENTRY DENIED Description: Karamba Security protects a car's externally connected components. Fontinalis Partners Image: Karamba Security www.com 53 . identifying attack attempts and blocking exploits from infiltrating the car's network. SBI Group.cbinsights. Total Funding: $30M Select Investors: Vertex Venture Capital. fleets. CONNECTED Description: Argus Cyber Security protects private and commercial vehicles. Startup Autobahn Image: Argus Cyber Security www.PROTECTED.com 54 . Allianz Ventures. Magma Venture Partners. connectivity platforms and dealerships from cyber attacks. com 55 . www. especially industrial control systems (ICS) for which disruption could cause a debilitating impact on economic security.cbinsights.Critical Infrastructure Security Startups offering cybersecurity for critical infrastructure networks. public health. or safety. cbinsights. so do their weapons. “One attack on a single point of failure could lead to the disruption or destruction of multiple vital systems in the country directly affected.com 56 . And as our cities and infrastructure evolve.” Jürgen Stock Secretary-General of the International Criminal Police Organization (ICPO-INTERPOL) Quote: UN News Centre www. This creates an appealing target to those intending to harm us. and a ripple effect worldwide. and the ability to rapidly identify and remediate cyberattacks and process anomalies. Total Funding: $7. GGV Capital Image: Nozomi Networks www.NETWORK MODELED Description: Nozomi Networks builds models of industrial networks and uses behavioral analytics and continuous monitoring to detect changes to baseline states.5M Select Investors: Planven Investments. devices and process status. The result is real-time insight into ICS networks.com 57 . Lux Capital.cbinsights. Total Funding: $11M Select Investors: UpWest Labs.cbinsights. ff Venture Capital Image: CyberX www. Glilot Capital Partners.com 58 . GlenRock Israel. and combine that network understanding with proprietary ICS threat intelligence to detect and mitigate risks from cyber attacks. Flint Capital.SYSTEM UNDERSTOOD Description: CyberX can detect abnormal behavior on an industrial internet network by analyzing the operational behavior of the network using machine learning technology. Swarth Group. visibility and security for ICS used across critical infrastructure.com 59 . Total Funding: $18M Select Investors: Aspect Ventures. Vertex Ventures Image: Indegy www.CRITICAL AWARENESS Description: Indegy provides real-time situational awareness. SBI Group.cbinsights. Magma Venture Partners. cbinsights.com 60 . www.Cyber Insurance Startups offering products and services for insurance companies to better quantify cyber risk and negotiate premiums. cbinsights.com 61 .CEO 3/10/2017 www.CYBER INSURANCE IN THE MEDIA IN 2017: PUBLIC SECTOR BANKS RUSH TO GET CYBER INSURANCE POLICIES 3/13/2017 UK TERRORISM REINSURANCE FUND HOPES TO INCLUDE CYBER . The score allows businesses to understand the risk of breaches and unplanned outages.cbinsights.4M Select Investors: Valar Ventures. a cybersecurity preparedness score for enterprises.com 62 . Insurance Australia Group. Total Funding: $27. 500 Startups Image: UpGuard www. Square Peg Capital.EN GARDE! Description: UpGuard offers CSTAR. It also offers insurance carriers a new standard by which to effectively assess client risk and compliance profiles. cbinsights.RISKY SCIENCE Description: Cyence empowers the insurance industry to understand the impact of cyber risk in the context of dollars and probabilities.com 63 . Total Funding: $40M Select Investors: Institutional Venture Partners. New Enterprise Associates Image: Cyence www. Globespan Capital Partners. Liberty Global Ventures.com 64 .BIT BY BIT Description: BitSight Technologies offers cyber security ratings to help organizations manage third party risk.cbinsights. Flybridge Capital Partners. and negotiate cyber insurance premiums. benchmark performance. SingTel Innov8 Image: BitSight Technologies www. GGV Capital. Total Funding: $87M Select Investors: Comcast Ventures. com 65 . www.cbinsights.Cyber Defenders Appendix Additional data on the selected companies. 3 Autonomous Systems Cyber Defenders to raise over $100M.11 Autonomous Systems funded Cyber Defenders.5 Autonomous Systems 10 Cyence $40 Cyber Insurance www.25 Mobile Security Systems. half are in Autonomous 6 Zimperium $60. 3 BitSight Technologies $87 Cyber Insurance 4 Exabeam $65 Autonomous Systems Of the 10 most-well 5 ProtectWise $62.5 Predictive Intelligence Darktrace are the only 2 Darktrace $107.com 66 . CYBER DEFENDERS MOST WELL-FUNDED COMPANIES SILENT CIRCLE ON TOP 2012 – 2017 YTD (3/20/2017) Rank Company Disclosed Cyber Defender Category Funding ($M) SentinelOne and 1 SentinelOne $109.cbinsights. 7 PhishMe $58 Autonomous Systems 8 Anomali $56 Predictive Intelligence 9 Sift Science $53. B. A) 2012. illusive networks (B. A. B). B). CYBER DEFENDERS MOST ACTIVE VC INVESTORS BESSEMER VENTURE Measured by number of deals 2012 – 2017 YTD (3/27/2017) PARTNERS ON TOP Rank Investor Investments In Cyber Defenders 1 Bessemer Venture Bessemer Venture Partners Auth0 (Seed. Indegy (seed. 2 No VCs outside of the Aspect Ventures Exabeam (A. C).cbinsights. B. Auth0 (B) www. C) to Cyber Defenders since 2 Magma Venture Partners Argus Cyber Security (A. A. A. Acalvio Technologies (B) five deals to Cyber 2 Accel Partners SentinelOne (seed. 2 Trinity Ventures ProtectWise (seed. B) Defenders since 2012. Acalvio Technologies (A.B.C). A).com 67 . Indegy (A) seven listed participated 2 in more than four deals Data Collective SentinelOne (seed. B-II). B). PhishMe (C) Partners is the only VC to 2 participate in more than Google Ventures Anomali (A. com 68 . 566 Cyber Defenders Average All Cybersecurity Average CB Insights Mosaic www. And scores 901 companies on a scale of 0-1000. All Cybersecurity Companies HIGH-MOSAIC COMPANIES CB Insights’ data-driven Mosaic Money metric assesses financial signals including recency of funding and total raised.MOSAIC MONEY SCORE COMPARISON CYBER DEFENDERS ARE Cyber Defenders vs.cbinsights. etc. How the 30 companies were selected: We used CB Insights Company Mosaic. total raised. we used CB Insights Trends’ tool. and investor quality. The CB Insights Mosaic page walks through the factors considered in the algorithm in some detail.cbinsights. using signals including recency of financing. CB Insights Mosaic www. which mines and organizes million of media articles to quantify media attention to tech trends.com 69 . which uses data to track private company health. We’ve gathered this data via our machine learning technology (dubbed The Cruncher) as well as via several thousand direct submissions from firms and individual professionals using The Editor.Methodology How the 9 categories were selected: To identify our categories. com 70 .cbinsights. CLICK HERE TO SIGN UP FOR FREE www. investors. and deals included in this report.Where is all this data from? The CB Insights platform has the details on all the companies. CBINSIGHTS.COM @ cbinsights +1(212)292-3148 .