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Information security market consolidation: A mixed bag
This article is part of the Information Security magazine issue of July/August 2011
In the middle of the last decade, SPI Dynamics was among the darlings of the security startup world. They had cool technology in a burgeoning segment of the security industry. The company’s profile was growing from modest beginnings (16 people, including three co-founders and a handful of engineers in an office behind a strip club near Georgia Tech University) to eventually to more than 150. Investors loved the little Web app security company that could. Four rounds of funding helped the company’s engineers develop products such as Web app pen-testing tool WebInspect, which were solving real-world security dilemmas. Revenue was doubling, literally, every quarter. The good times were rolling; the company still maintained that informal, startup feel too, and innovation was still the priority despite the increasing focus on business and shareholder satisfaction. “We were going through growing pains adjusting to being a bigger company and culture; it was crazy during our peak,” says Caleb Sima, one of the co-founders. Sima saw the ...
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Features in this issue
Big tech companies are scooping up security vendors with mixed results.
Fending off modern computer attacks requires actively hunting down intruders.
PCI group outlines challenges in achieving compliance with payment data on virtualized systems.
Security teams strive to gain visibility from a deluge of security information and put that data to work.
Columns in this issue
Be aware of changing technology and industry trends, and your job prospects will fall in line.
The idea that social media and other Web 2.0 technologies have vastly altered the threat landscape is plain wrong.
Large IT companies are buying up security vendors, but that doesn’t mean there won’t be plenty of room for innovative startups.