In the cybersecurity market, the trend of IoT, AI, machine learning, and BYOD is increasing. In 2020, the cybersecurity market was valued at USD 156.24 billion and is further expected to reach USD 352.25 billion, growing at a CAGR of 14.5% between 2021 and 2026.
Cybersecurity aids organisations to detect, monitor, counter cyber threats and report to keep their data confidential. Cybersecurity solutions have witnessed increased adoption by countries as the number of cyberattacks have drastically increased over time.
There are many different segments in which you can divide the cybersecurity market i.e, region, component, security type, deployment type, Organizational size, and verticals.
The cybersecurity market in the United States has seen a significant amount of growth in recent years, with multi-billion dollar revenues and investments. The US market is home to some of the prominent players in the cybersecurity and the IT industry, such as IBM, Oracle, Microsoft and many more.
In this article, we have gathered names of the top 10 most notable cybersecurity unicorns in the United States. (Source: CB insight & CrunchBase).
Arctic Wolf –
- Founders – Brian NeSmith, Kim Tremblay
- Founded – 2012
- Location – Eden Prairie, The United States
- Total Funding raised – US$348,200,000
Arctic Wolf is a cybersecurity company that provides overall security strategies developed on customized management services to protect businesses from cyber threats. The company was valued at US$ 1.30 Billion in October 2020.
Aura –
- Founders – Hari Ravichandran
- Founded – 2017
- Location – Burlington, Massachusetts, United States
- Total Funding raised – US$ 300,000,000
Aura is a cybersecurity startup that intends to let people live their digital life with ease and peace of mind. It has a mission to develop a safe internet by making global digital security simple and easy to use.
Axonius –
- Founders – Avidor Bartov, Dean Sysman, Ofri Shur
- Founded – 2017
- Location – New York, United States
- Total Funding raised – US$465,000,000
Axonius is a cybersecurity startup platform for asset inventory management. It is designed to aid users to enforce data security in their whole organisation. It was valued at US$ 1.20 Billion in March 2021.
TANIUM –
- Founders – David Hindawi, Orion Hindawi
- Founded – 2007
- Location – Kirkland, United States
- Total Funding raised – US$ 1,049,991,919
Tanium is a cybersecurity company that has next-generation automation and analytics technologies for enterprises to identify potential cyber threats to their infrastructure. It was valued at USD 9 Billion in March 2015.
Lookout –
- Founders – James Burgess, John Hering, Kevin Mahaffey
- Founded – 2004
- Location – San Francisco, United States
- Total Funding raised – US$282,339,000
Lookout is a cloud-based security software company that secures and empowers productivity in a privacy-focused world. It is one of the few cybersecurity companies that leverage machine learning. It was valued at USD 1 Billion in October 2013.
Venafi –
- Founders – Russell Thornton, Ben Hodson
- Founded – 2000
- Location – San Mateo, United States
- Total Funding raised – US$ 138,900,000
Venafi is a machine identity protection platform that secures the connection and communication between machines.
Exabeam –
- Founders – Domingo Mihovilovic, Ralph Pisani
- Founded – 2013
- Location – Foster City, California, United States
- Total Funding raised – US$ 390,000,000
Exabeam is a big data security analytics company that offers organisations advanced behaviour intelligence to unlock the potential of existing security data, event management and log data, enabling IT security teams to detect and respond to any possible threats rapidly.
Orca Security –
- Founders – Avi Shua, Liran Antebi, Matan Ben-Gur
- Founded – 2019
- Location – Los Angeles, United States
- Total Funding raised – US$ 292,000,000
Orca security offers workload-level cloud security, which is quick and ready to go. It was valued at USD 1.20 Billion in March 2021.
Netskope –
- Founders – Krishna Narayanaswamy, Sanjay Beri
- Founded – 2012
- Location – Santa Clara, United States
- Total Funding raised – US$740,100,000
Netskope is a cloud security software that provides visibility into the usage of data and aids organisations in stopping threats and tackling data leakage. It was valued at USD 3 Billion in 2018.
Verkada –
- Founders –Filip Kaliszan, James Ren JD, Hans Robertson
- Founded – 2016
- Location – San Mateo, United States
- Total Funding raised – US$167,199,997
Verkada is a next-generation cybersecurity platform that integrates with the client’s technology to provide real-time threat prevention, which is cloud-based across all networks. It was valued at USD 1.60 Billion in January 2020.
For more extensive analysis and Market Intelligence reports, feel free to approach us or visit our website: Venture Capital Market Intelligence Reports | VCBay.
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