Cybric
What they do: Provide a “Continuous Security-as-a-Service platform.”
Problem they solve: Knowledge workers demand continuous updates to applications. They won’t wait months, or sometimes even a year, for new features and functionality that will help them do their jobs better, and if IT tries to make them wait, many users simply sidestep IT.
While DevOps has provided the necessary tools for developers to meet this continuous demand and velocity, security has become an afterthought. Software updates are constantly being pushed live without undergoing a full scan for security vulnerabilities, and at best, full scans are only occurring a couple times per year at most organizations. As a result, organizations are left extremely vulnerable to attack and are forced to take a reactive approach to security where they’re focused more on detecting alerts and managing incident response rather than stopping attackers before they do damage.
Cybric’s Continuous Security-as-a-Service platform integrates security into the DevOps process. #Big50 #startups http://wp.me/p330ZZ-iF Click To TweetThe Software Engineering Institute estimates that 90% of reported security incidents result from exploits against defects in the design or code of software. According to Cybric, most other cybersecurity vendors take “a reactive approach to security and are focused on scenarios where an organization has already been breached. Hardening code is the best way to take a proactive approach to security and stopping attackers from compromising a network in the first place.”
How they solve it: Cybric’s Continuous Security-as-a-Service platform enables enterprises to integrate security into the Software Development Life Cycle process.
Cybric’s platform automates and orchestrates code and application security across the DevOps lifecycle. The platform’s Continuous Security Delivery Fabric integrates security into the development process, delivering security assurance from code commit to application delivery. Cybric orchestrates exact replicas of the application environment, aggressively scanning for security vulnerabilities by containerizing and automating security solutions without impacting production environments.
Headquarters: Boston, MA
CEO: Ernesto DiGiambattista. Prior to founding Cybric, DiGiambattista served as Sentinel Benefits & Financial Group’s Chief Technology & Security Officer, Senior Vice President. Before that, he also held top security executive positions at Bank of America.
Year Founded: 2015
Funding: In October 2016, Cybric closed $6.3 million in seed funding from Capstone Ventures and Petrillo Capital.
Competitors include: Cybric will compete against both incumbents, such as HP, CA, and Trend Micro, as well as other startups, including Denim Group and High Tech Bridge.
Why they’re in the Big 50-2017: Cybric is newer than most of the cybersecurity startups in this year’s Big50. However, they recently closed a solid seed round of funding, and they did well in both online voting and the Big50 Content Challenge.
We at Startup50 also like the blending of security into the fabric of DevOps. This market sector should see other startups entering soon. Typically, we’d worry about Cybric arriving too soon and having too much of an educational challenge on its hand, but with every new data breach in the headlines, new security tools like “Continuous Security-as-a-Service” will merit a closer look.
