//Sand Hill Recognizes VivoSecurity as a “Cool Pre-VC Cybersecurity Startup”

Sand Hill Recognizes VivoSecurity as a “Cool Pre-VC Cybersecurity Startup”

The cybersecurity industry is poised to grow from $71 billion in 2014 to $155 billion by 2019, according to Cybersecurity Ventures’ Cybersecurity Market Report. According to New York City-based CB Insights, in the last five years, $7.3 billion has been invested into 1,208 private cybersecurity startups. Since 2010, deals and dollars increased, steadily growing by more than 100 percent in both areas during this time period. Funding in 2014 broke the $2 billion barrier for the first time while deals continued their steady ascent growing to 269 deals.

VivoSecurity – Silicon Valley’s VivoSecurity carved out a unique niche in the cybersecurity industry – “Automated Risk Quantification.” But don’t be fooled into thinking “niche” means small. IT risk management is big business, and VivoSecurity has figured out how to productize and scale it for corporate enterprises. Founder Thomas Lee is looking for investors to help grow its technology and install base. Investors stand to benefit from the value that the first strategic cyber risk-quantification tool can bring to enterprise. VivoSecurity maintains a significant barrier to entry through a growing list of broad patents.

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Sandhill Article

By | 2017-09-21T11:24:25+00:00 June 16th, 2015|News|0 Comments