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Announcements 1. 2. 3. Event Streamlining Your Patch Management Processes | March 9 Webinar | <REGISTER NOW> Event Strategies For Securing Your Supply Chain | March 2 Webinar | <REGISTER NOW> Event Cybersecurity Technology: Where It's Going & How To Get There | March 24 Virtual Event | <REGISTER NOW> PreviousNext Vulnerabilities/Threats 2 min read slideshow 11 HOT STARTUPS TO WATCH AT BLACK HAT USA A sneak peek at the up-and-coming organizations to check out on the Black Hat USA virtual show floor. Kelly Sheridan Senior Editor August 04, 2020 PDF 1/11 (Image: Axis Security) Axis Security Focus: Secure application access Funding: $17M (Series A) Founded in: 2018 Axis Security was founded by CEO Dor Knafo and CTO Gil Azrieland, both of whom spent time in the Israeli Defense Forces' Unit 8200 for cyber warfare. The startup has raised a total of $17 million in venture funding since its 2018 founding; most recently, it announced a $14 million Series A when it emerged from stealth in March of this year. The company has created a cloud-based platform for secure remote access to private apps, including custom or legacy applications that run on-premises or in the cloud. Its App Access Cloud grants access to a specific app rather than a full corporate infrastructure and it's delivered as a service, meaning admins won't have to install agents on employees' devices. "Because VPN technology is struggling to meet the need for access to cloud-based applications, there is an opportunity for vendors like Axis to take market share with secure and easy-to-use alternatives," Omdia's Turner writes in a profile on Axis Security. Black Hat USA 2020 will look very different than it has in years past. Instead of boarding flights to Las Vegas, the infosec community is going online to attend from home: This year's briefings, show floor, Arsenal, breakout sessions, and meetings will all be virtual. This year's digital show floor will feature Startup City, where a range of up-and-coming security companies will be exhibiting their newest technologies. Many of these organizations focus on tools that have become essential as businesses secure a growing number of remote employees. Many businesses paused on spending during the COVID-19 pandemic, and cybersecurity was no exception. Security budgets and market growth froze as spending came under intense scrutiny. Organizations spent slightly less on endpoint security and more on cloud-based services, some cloud security tools, and some remote access technologies and automated security offerings. "As for startups generally, there seems to be a fairly healthy crop of new companies in a range of areas within security," says Rik Turner, principal analyst with Omdia's IT Security and Technology team. "Endpoint security went through a busy period a few years back but seems to have calmed down of late," he adds, noting the acquisitions could be linked to consolidation. Still, 2020 has been a rough year for the security startup market. Early stage investment fell by more than 37% in the first half of 2020; however, some new companies are generating interest with tools that help secure employees working from home. Investors are eyeing technologies that protect workers from threats that may target them outside traditional corporate offices. "We're all working remotely for the most part, saving money on real estate but also relying on the security infrastructure of a lot of individuals' homes, which is outside the purview of control of organizations," says Omdia senior cybersecurity analyst Tanner Johnson. Many of the startups exhibiting in Black Hat's Startup City are building technologies that will become increasingly relevant as more employees swap their corporate offices for home offices. Read on to learn more about which startups to watch on this year's virtual show floor. Previous slide Next slide CloudBlack Hat Keep up with the latest cybersecurity threats, newly-discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox. Subscribe Recommended Reading: More Insights White Papers * Selling Breaches: The Transfer of Enterprise Network Access on Criminal Forums * Business Buyers Guide to Password Managers More White Papers Webinars * Streamlining Your Patch Management Processes * Strategies For Securing Your Supply Chain More Webinars Reports * How Enterprises Plan to Address Endpoint Security Threats in a Post-Pandemic World * 6 Threats Enterprises Should Care About More Reports Editors' Choice Cyberattacks in Ukraine Soon Could Spill Over to Other Countries Jai Vijayan, Contributing Writer 7 Steps to Take Right Now to Prepare for Cyberattacks by Russia Jai Vijayan, Contributing Writer Phishing Attack in Ukraine Could be Prelude to Disinformation Campaign Jai Vijayan, Contributing Writer Beyond the Hype: AI's Future in Defensive Cybersecurity Joshua Saxe, Chief Scientist, Sophos Webinars * Streamlining Your Patch Management Processes * Strategies For Securing Your Supply Chain * Rethinking Asset Management to Improve Enterprise Security * Bringing Zero Trust to Cloud Native Applications * The Tech Exec’s Ransomware Incident Response Playbook More Webinars White Papers * Selling Breaches: The Transfer of Enterprise Network Access on Criminal Forums * Business Buyers Guide to Password Managers * Build a Case for a Password Manager * Supply Chain Cyber Risk Management Whitepaper * TIM Whitepaper More White Papers Events * Dark Reading Virtual Event - March 24 - Learn More * Black Hat Spring Trainings - June 13-16 - Learn More * SupportWorld Live: May 15-20, 2022, MGM Grand, Las Vegas, NV More Events More Insights White Papers * Selling Breaches: The Transfer of Enterprise Network Access on Criminal Forums * Business Buyers Guide to Password Managers More White Papers Webinars * Streamlining Your Patch Management Processes * Strategies For Securing Your Supply Chain More Webinars Reports * How Enterprises Plan to Address Endpoint Security Threats in a Post-Pandemic World * 6 Threats Enterprises Should Care About More Reports DISCOVER MORE FROM INFORMA TECH * Interop * InformationWeek * Network Computing * ITPro Today * Data Center Knowledge * Black Hat * Omdia WORKING WITH US * About Us * Advertise * Reprints FOLLOW DARK READING ON SOCIAL * * * * * Home * Cookies * Privacy * Terms Copyright © 2022 Informa PLC Informa UK Limited is a company registered in England and Wales with company number 1072954 whose registered office is 5 Howick Place, London, SW1P 1WG. 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