Sramana Mitra: Going back to the ecosystem, where do you sit in the ecosystem?
Ran Ilany: We start with the vendors for container and security solutions that focus on scanning. We assume that what goes to the runtime is clean. Then we provide the runtime protection based on those signatures that we generate that are based on the artifact.>>>
Sramana Mitra: What does the opportunity landscape look like? What are the white spaces in the scope of what you are watching carefully?
Kelly White: This isn’t new, but in some ways, it is new. Digital transformation has driven organizations to rapidly outsource systems and services to a wide range of service providers.
This digital transformation has also been accompanied with a dramatic change in the architecture on which systems are built and operated. Think of the cloud ecosystems of Amazon and Microsoft.>>>
Sramana Mitra: Could you point out the ecosystem around you in a bit more detail? Who are the people you interface with? Whom do you compete with?
Kelly White: There’s quite a large industry around managing third-party cyber security risks. The roots of that industry are in GRC platform providers.>>>
This discussion focuses on risk within the cyber security domain.
Sramana Mitra: Let’s start by having you introduce yourself as well as RiskRecon.
Kelly White: I’m the CEO and Co-Founder of RiskRecon. RiskRecon is a provider of cyber security risk readings that allows companies to solve a wide range of security challenges. Prior to founding RiskRecon in 2015, I was the CISO of a large top 25 financial institution.>>>
Sramana Mitra: What else do you want to discuss that I have not asked you?
Amos Stern: We can talk a little bit about the type of customers that would use a system like that. It’s interesting because we have two types of customers. If you look at the different types of companies that exist in a market, you can split it somewhere in the bottom-third. The top part are big enough to have their own security operations team, or big enough to have a security infrastructure and a security organization.>>>
Sramana Mitra: What stage are you at? How many customers? What kind of adoption are you seeing and what are you hearing from the customers?
Amos Stern: We have north of 70 enterprise customers. We have raised $58 million in four rounds. Today, we have a very mature solution and market. Customers are saying that it’s a very big improvement in efficiency.>>>
Enterprises have made tremendous investment in cyber security. Amos discusses how to extract value out of existing investments.
Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Siemplify.
Amos Stern: I’m the CEO and Co-Founder of Siemplify. We’ve been around since the beginning of 2015. I’m originally from Israel. I spent about 10 years in the Israeli intelligence.>>>
Blackbaud, the world’s leading cloud software company powering social good, and the One Million by One Million (1Mby1M) global virtual accelerator have come together to launch the Blackbaud – 1Mby1M Social Good Startup Challenge.