Wednesday, 2 December 2015

Cybersecurity VCs Discuss Their Top Investment Criteria

IT security is one of the hottest markets in technology today, as organizations of all sizes try to protect themselves against a seemingly endless onslaught of adversaries and online threats. Where there is a need, there is also a sizable market opportunity for venture capitalists, as they aim to invest in the next big thing.Venky Ganesan is managing director at Menlo Ventures, a leading cybersecurity investment firm that has an enviable track record of picking winners. Menlo Venture was an early backer of Ironport, a company Cisco acquired in 2007 for $830 million, as well as Q1 Labs, which IBMbought in 2011.Menlo Venture’s portfolio also includes vArmor, which emerged from stealth mode in 2014, after raising $42 million in funding. Ganeson sees opportunity in the cloud security space, which is where vArmor fits in.”Cyber-security is not a trend; it’s a permanent long-term unfortunate issue that we all have to deal with as a cost of modern-day technology use,” Ganeson told eWEEK. For the full article click here 



from cyber security caucus http://ift.tt/1NpTagJ
via IFTTT

No comments:

Post a Comment