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The cybersecurity market is well-insulated from economic downturns because companies generally won't turn off their digital defenses to save a few dollars.
The company was founded in 2009 by Christopher Ahlberg [15] and had 20 employees as of November 2011. [18] Google Ventures and In-Q-Tel invested "under $10 million each" into the Recorded Future shortly after the company was founded. Google published this on May 3, 2010 [19] In-Q-Tel is an investment arm of the CIA. [20]
Zscaler (NASDAQ: ZS) is another security company well-positioned to capitalize on organizations' growing need for cybersecurity. Like CrowdStrike, it offers numerous security products. Like ...
The latter, which involves using AI, automation, and behavioral analytics to help detect and respond to security threats, has been a particular area of strength for the company, with annual ...
The company's second funding round, led by TPG Capital, raised $100 million in August 2015. [7] In March 2018, the company had an initial public offering (IPO) in which it raised $192 million. [8] [9] The company is traded on the Nasdaq using the symbol ZS. [10] Zscaler stock was added to the Nasdaq-100 index on December 17, 2021. [11]
Absolute Software Corporation is an American-Canadian company that provides products and services in the fields of endpoint security and zero trust security. [4] [5] It was publicly traded company on the Toronto Stock Exchange (TSX) [6] and Nasdaq [7] until it was acquired by Crosspoint Capital Partners in July 2023.
Trellix (formerly FireEye and McAfee Enterprise) is a privately held cybersecurity company that was founded in 2022. It has been involved in the detection and prevention of major cybersecurity attacks.
The company is also looking to tap fast-growing cybersecurity niches such as zero-trust security and secure access service edge (SASE), and the good part is that its offerings are gaining healthy ...