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Friday, 25 August 2017 07:55

Infosecurity startups are trailblazing in enterprise tech according to Tech Trailblazers Awards

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Leading independent enterprise tech startups awards sees Security Trailblazers grow from strength to strength

London, UK – 23rd August 2017 – According to Tech Trailblazers Awards, Security Trailblazers have been leading the charge in the enterprise tech startup landscape. Huge fund raises from VCs, and some high profile acquisitions by major players, have shown the strength in the info security startup space and is reflected in the growth in the numbers of entries submitted to the leading independent tech startup awards year-on-year.

Since the first awards year in 2012, Security Tech Trailblazers winners and runners up have secured vast funding rounds. In total, the Security Trailblazers winning alumni have raised a total of $482.04 million which is equivalent to an average of $30.1 million each. Some have raised undisclosed funds which could boost the total to over half a billion dollars. The top disclosed scorers in the in fosecurity VC funding rounds were:

$210 million – Zscaler (zscaler.com) (Security Trailblazers Winner 2013)
$67 million – Zerofox (zerofox.com) (Security Trailblazers Winner 2014)
$42.5 million – PhishMe (phishme.com) (Security Trailblazers Runner Up 2015)
$15.3 million – ThreatStack (threatstack.com) (Security Trailblazers Runner Up 2015)
$15 million – Attivo Networks (attivonetworks.com) (Security Trailblazers Runner Up 2015 & 2016)
In addition, two of our Security Tech Trailblazers have been acquired since winning the awards:

2014 runner up, Bluebox Security was acquired by Lookout (lookout.com) in April 2016 for an undisclosed figure and
2016 runner up, Hexadite (hexadite.com), was acquired by Microsoft (www.microsoft.com) for a reported $100 million according to Crunchbase.
Since the awards began in 2012, the Security Tech Trailblazers has always been in the top three categories based on the number of entries received. In 2015, however, it overtook the Cloud Tech Trailblazers as the most popular category.. In 2015 and 2016, there were on average 25% more security category entries than cloud category entries although cloud entries have remained strong and constant since the awards’ inception.

Joe Baguley, VMware EMEA CTO and founding judge of the Tech Trailblazers Awards commented:

“With cyber threats evolving at a monumental pace and cyber breaches hitting the news on the daily basis, there is clearly a strong opportunity for tech startups to have a big impact in the cyber security industry and challenge the status quo. This year’s Tech Trailblazers Awards and the level of entries we have seen in this sector demonstrate the pace of info security and the chance for tech startups and small businesses to have a big impact with the right skills, knowledge and expertise.”

Open to enterprise technology startups from anywhere in the world, the Tech Trailblazers Awards celebrates innovation in businesses less than six years old and at C-series funding or below.

Since 2012, the awards have celebrated the hottest global startups in big data, cloud computing, FinTech, IoT, mobile technology, IT security, storage and virtualization. Our winners have raised billions in seed, angel and VC funding since becoming Tech Trailblazers. Others have successfully exited for a total of over $1 billion through acquisition to the likes of Dropbox, Hytrust, Lookout, Microsoft, NetApp, Oracle, SANdisk and Zimbra amongst others.

New last year were the Female and Male CxO awards, which aim to recognize individual innovation, leadership and diversity in tech startups.

This year new categories Artificial Intelligence (AI), High Performance Computing (HPC) and Blockchain have been introduced.

Early stage startups that are younger than 2 years and have not received VC funding yet can also enter the Firestarter category to be recognised as the best of the new startups on the enterprise tech block.

The Tech Trailblazers Awards are designed explicitly for smaller businesses and tech startups. The awards have low barriers to entry and recognize enterprise tech innovation, helping startups grow their businesses.

Rose Ross, Founder and Chief Trailblazers said: “The info security startup space is going from strength to strength and is one to watch. Infosec startups are definitely leading the enterprise startup field now. They have always been a strong category in the awards, but looking back over the years at the successful winners we can really see how strong they are. All of those that stand out to our judges are also grabbing the attention of the VCs and others in the investment community. Two impressive exits to acquisition sees 15% of our alumni already acquired by tech giants. Watch this space for more industry leading investment rounds and acquisitions.”

Entry forms should be submitted before the closing date of September 12th for consideration by the expert panel.

For more information and to download an entry form, please visit www.techtrailblazers.com.

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