Xconomy Boston released a rundown of cybersecurity companies within an “hour’s drive” of the city, and their survey reported that there are currently 63 locally based companies within the sector. We at Solutions Review operate out of lovely Woburn, MA, and as a growing enterprise technology news source, we are grateful to be reporting from the front-lines. Below is a run-down of these companies.
| Company | Founded | Venture capital raised (or exit) | Product focus |
|---|---|---|---|
| Akamai Technologies | 1998 | $234M IPO in 1999 | Cloud and mobile performance and security |
| AlgoSec | 2003 | None reported publicly | Security policy management |
| Allegro Software Development | 1996 | None reported publicly | Data security for the Internet of Things |
| Apperian | 2009 | At least $40M | Mobile app and data security |
| AppInsight | 2015 | $2.3M | Mobile app security |
| Arbor Networks | 2000 | Acquired by Danaher in 2010, then sold to NetScout Systems as part of larger $2.6B deal in 2014 | DDoS and threat protection |
| Barkly | 2013 | $16.8M | Endpoint security |
| BitSight Technologies | 2011 | $49M | Security ratings |
| Black Duck Software | 2002 | At least $74M | Open source software and app security |
| Carbon Black | 2002 (as Bit9) | Over $191M | Endpoint security, threat detection, and incident response |
| Carbonite | 2005 | $62.5M IPO in 2011 | Data backup and recovery |
| Cigital | 1992 | $55M | Application security testing |
| ClickSoftware | 1979 | Acquired by Francisco Partners for $438M in 2015 | Mobile workforce management software |
| CloudLock | 2007 | $35.4M | Cloud app security |
| Confer Technologies | 2011 (as Scargo) | $25M | Endpoint threat prevention, detection, and response |
| Core Security | 1996 | Acquired by Courion in 2015 | Vulnerability assessment and management products |
| Corero Network Security | 1997 | Formerly Top Layer Security, acquired by Corero in 2011 | Automatic DDoS protection |
| CounterTack | 2004 | $67.4M | Big data endpoint threat detection and response |
| Cryptzone | Early 2000s | Acquired in 2014 by Medina Capital | Security for networks, data, and apps |
| CyberArk Software(includes Viewfinity) | 1999 | $85.8M IPO in 2014 | Privileged account security |
| Cybereason | 2012 | $88.6M | Threat detection and response |
| Cybric | 2015 | $1.3M | Vulnerability assessment and remediation |
| DataGravity | 2012 | $92M | Data management, recovery, and security |
| Datto(includes Backupify) | 2007 | $100M | Data backup and recovery |
| Digital Guardian | 2003 (as Verdasys) | Over $128M | Data security (endpoint, network, cloud) |
| Dyn | 1998 | $38M | Internet performance and remote access |
| EiQ Networks | 2003 | $22.5M | Security intelligence and monitoring |
| Fidelis Cybersecurity | 2002 | Acquired in 2012 by General Dynamics, then sold to Marlin Equity Partners in 2015 | Threat detection and response on networks and endpoints |
| Forum Systems | 2001 | Acquired by Crosscheck Networks in 2009 | API security management |
| Hexadite | 2014 | $10.5M | Automated incident response |
| IBM Security | 2011 (via Q1 Labs acquisition) | N/A | Threat protection, incident response, and more |
| Iboss | 2003 | $35M | Cloud security; threat prevention, detection, and response |
| Imprivata | 2001 | $66.3M IPO in 2014 | Healthcare IT security, remote access, password management, and secure communications |
| Intronis | 2003 | Over $21.3M | Online backup and disaster recovery |
| Iron Mountain | 1951 | $76.8M IPO in 1996 | Data backup, recovery, and migration services |
| Kaspersky Lab | 1997 | Reportedly $200M in private equity; company bought back those shares a year later | Antivirus software, endpoint security, mobile security, data center security, e-mail security, and encryption |
| Lexumo | 2015 | $4.9M | Security for open-source software in connected devices |
| Lockheed Martin Industrial Defender | 1996 | Lockheed Martin acquired Industrial Defender in 2014 | Threat detection and threat intelligence management |
| LogMeIn | 2003 | $106.7M IPO in 2009 | Remote access and password management |
| Mimecast | 2003 | $77.5M IPO in 2015 | Cloud e-mail security |
| Mustbin | 2012 | $6M | App that secures photos, videos, passwords, and other documents |
| NetCenergy | 2003 | None reported publicly | Cloud computing, disaster recovery, and network security |
| Ncrypted Cloud | 2012 | At least $8M | Secure data sharing |
| Onapsis | 2009 | $29.6M | Business applications security |
| Prelert | 2008 | $11.3M | Data analytics for IT security; early detection and finding breach causes |
| Promisec | 2004 | At least $14M | Endpoint threat detection and response |
| Pwnie Express | 2010 | At least $12M | Spots threats by detecting wireless and wired devices on/around a network |
| Rapid7 | 2000 | $103.2M IPO in 2015 | Incident detection and response, and threat exposure management |
| Raytheon | 1922 | IPO in 1981 | Cloud security, data security, threat detection, threat assessment, incident response, and authentication |
| Recorded Future | 2009 | $32.9M | Real-time threat intelligence |
| Resilient Systems | 2010 (as Co3 Systems) | Acquired by IBM for $100M+ in 2016 | Incident response |
| RSA Security | 1982 | Acquired by EMC for $2.1B in 2006 | Endpoint security, cloud security, threat detection, incident response, and identity and access management/authentication |
| Seceon | 2015 | At least $1.8M | Threat detection and prediction |
| Security Innovation | 2002 | $13.1M | Application security testing |
| Sophos | 1985 | $125M IPO in 2015 (London Stock Exchange) | Network protection, endpoint protection, and server security |
| Sqrrl | 2012 | $14.2M | Threat detection, response, and analytics |
| Symantec | 1982 | IPO in 1989 | Threat monitoring, incident response, endpoint protection, e-mail cloud protection, and data center protection |
| Threat Stack | 2012 | Over $26M | Cloud security, infrastructure monitoring, and compliance |
| Vasco Data Security International | 1984 | IPO in 1998 | Mobile app security and fraud prevention |
| Vaultive | 2009 | At least $19M | Cloud data security |
| Veracode | 2006 | Over $100M | Cloud-based application security |
| VS2 (Virtual Software Systems) | 2014 | $2M | Data and application security, and threat detection and response |
| Zerto | Late 2000s | Over $110M | Data protection, recovery, and migration services for cloud and virtual data centers |
Source: Xconomy.com
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