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12:15 PM
Jai Vijayan
Jai Vijayan
Edge Features
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11 Cybersecurity Vendors to Watch in 2021

The cybersecurity landscape continues to spawn new companies and attract new investments. Here is just a sampling of what the industry has to offer.

Aqua Security

Focus: Cloud-native security tools
Funding: $265 million
Founded: 2015

Aqua Security's tools are designed to help organizations protect their cloud-native application stack across virtual machines (VMs), containers, Kubernetes, serverless, and hybrid cloud environments. Use cases for the technology include automation of DevSecOps, container security for cloud native apps, compliance, and enabling migration to hybrid and multicloud environments.

Analysts expect demand for technologies like these, which help organizations secure cloud-native apps during development, preproduction, and run-time, to increase as organizations shift more of their workload to the cloud. Accenture, for example, views cloud-native architectures as "the future of application development," with 2021 being the year when the cloud-native market will mature and consolidate.

Aqua cites several leading companies as its customers, including PayPal, Adobe, Nasdaq, NCR, and Microsoft. The company has secured a total of $265 million via multiple funding rounds, including one in March where it raised $135 million in Series E funding at a $1 billion valuation.

Aqua delivers security technology for the more modern cloud workload formats, such as container and serverless, says Omdia's Parizo.

"Competitor TwistLock was acquired by Palo Alto, heralding an era of large vendor competition [for Aqua]," Parizo says. "Nonetheless, Aqua seems to be holding its own."

Image: Aqua Security

Jai Vijayan is a seasoned technology reporter with over 20 years of experience in IT trade journalism. He was most recently a Senior Editor at Computerworld, where he covered information security and data privacy issues for the publication. Over the course of his 20-year ... View Full Bio
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