Why we're watching it: The firm is out to work with banks and any other type of organization that finds there are plenty of fraud attempts in telephone calls from crooks pretending to be customers. Banks are always looking for new ways to augment the measures they have in place to detect phone fraud, and according to Johnny Baker, Pindrop Security's vice president of sales and business development, the firm's technology is an alternative to caller ID. It can pick up dozens of separate technical factors related to a voice call and put them together into an audio fingerprint of the caller and the call path. This can be used to flag suspicious calls. The firm can't disclose customers but Baker says interest in high not only in the banking industry but national intelligence agencies.
Headquarters: Austin, Texas Founded: 2009 Funding: Undisclosed amount from Sequoia Capital Leaders: Co-founders CTO Brian Smith and CEO Marc Willebeek-Lemair Fun fact: Smith founded TippingPoint in 2001 and served as chief architect and later CTO in 2009.
Why we're watching it: Click Security, which just released a product called the Automated Security Analytics Platform (ASAP), is out to provide real-time information to detect stealthy infiltrators into the corporate network. ASAP does that by aggregating information widely across the network, but the co-founders reject being bracketed in the security information and event management (SIEM) category, claiming ASAP breaks new ground in threat detection. Some analysts agree. "While some of the things they do are similar to what SIEM vendors claim to do, they are much more than a central repository for log data," says Richard Stiennon, chief research analyst with consultancy IT-Harvest. "Click Security has more in common with threat-intelligence services such as Unveillance, ShadowServer or Seculert, combined with NetWitness or Solara Networks." ASAP is being used by about half a dozen companies, though none have been disclosed.
Headquarters: Tel Aviv, Israel Founded: 2010 Funding: Glilot Capital for about $1 million Leader: Gilad Parann-Nissany, co-founder and CEO Fun fact: Co-founder Yaron Sheffer was formerly technology manager at Check Point and is currently co-chairman of the IETF IPSECME committee.
Why we're watching it: Porticor is tackling the timely problem of encrypting data at rest in cloud-based computing centers where customers rent disk space or servers. What Porticor does that's unique is it's come up with a "split key" method in which the service to encrypt and decrypt doesn't work unless both pieces of the key are together. According to Parann-Nissany, the enterprise holds the "master key," and the idea is to foster trust by putting the customer in complete control. The service provider doesn't even see the mater key in the encryption method that's applied based on AES 256 or Blowfish. At least one enterprise, the assurance, tax and consulting firm McGladrey & Pullen, is trialing the encryption service now.
Headquarters: Bedford, N.H. Founded: 2009 Funding: Private and undisclosed Leader: Founder Gene Shablygin Fun fact: The first American venture for Russian-born entrepreneur Shablygin, who founded the Moscow-based technology firm Jet Infosystems, WWPass relies on crypto expertise from Moscow.