The Future Leaders of InfoSec
The Future Leaders of InfoSec
swiftscale's top pick of InfoSec scaleups that you should know about
At swiftscale, our network consists of leading scaleups with the best-in-class solutions. We’re sharing a few of the key players in the information security space that we think you should keep an eye on or consider implementing.
This article isn’t sponsored. We exist to ensure nothing stands in the way of great people solving hard problems and we do this by helping scaleups get in front of their target market, by making the right connections at the right time.
We hosted the founders of these top scaleups at our Future Leaders of InfoSec event in February 2024. Want to hear from the founders themselves? Get in touch at hello@swiftscale.co and we can connect you. We can also send you a personal invite to the next event!
First, a little on why InfoSec is such an important investment area right now.
In the AI age of cybersecurity, where threats evolve at warp speed, staying ahead in SecOps isn’t a nice to have – it's a necessity.
According to IBM's "Cost of a Data Breach Report 2023" the global average cost of a data breach was a staggering $4.45 million in 2023, the highest it’s ever been. The good news? The same report highlights that organisations employing AI in security save an average of $1.76 million per year.
The InfoSec startup landscape is far-reaching and discerning what’s real innovation from marketing hype can be daunting and time-consuming.
Enter swiftscale’s pick of InfoSec scaleups:
Klarytee
Ploy
Private AI
Protect AI
Scytale
Klarytee
Klarytee solves key organisational compliance and security restrictions by building security into the data itself. This allows it to be shared freely over any application or infrastructure, without losing control of who has access to the underlying information, even when a document or email has left the direct control of the organisation that owns it.
Riding on the opportunities created by cloud adoption, hybrid working and the use of SaaS software in the enterprise, Klarytee is defining a new product category across Data Protection, Enterprise Collaboration, and ID and Access Management.
One of their products is an add-in for Microsoft Word that can protect your sensitive data in documents from leaking to AI or software and prevent unauthorised access across the supply chain. Klarytee add-in for Microsoft Word can be downloaded directly from Microsoft and integrated into your document workflow to enable one-click encryption, decryption and authentication using your existing Microsoft ID.
Klarytee’s product was developed through the Accenture FinTech Innovation Lab with close collaboration with 30 financial services organisations including Royal Bank of Canada and UBS. They now have a pipeline of 15 deals with a combined value of nearly $20M ARR.
Ploy
Ploy is a SaaS management and security company that helps businesses discover, manage, and secure shadow IT and SaaS.
Ploy's platform provides a comprehensive view of all SaaS applications and services in use across an organisation, including those that have been deployed without IT approval. Ploy then helps businesses to assess the risks associated with shadow IT, and to implement appropriate controls to mitigate those risks.
Organisations use Ploy to reduce the risks associated with shadow IT, improve their compliance with regulations, and save money.
Their use cases include:
Ploy testimonial:
“Ploy’s approach to monitoring SaaS usage is nothing short of revolutionary. Their platform offers an extensive suite of tools and features that provide deep insights into our software usage, user behaviour, and system performance. With Ploy, we gained a comprehensive understanding of how our SaaS products are being utilized, allowing us to make data-driven decisions and optimise our offerings effectively.” - Siggi Flygenring, IT Administrator at Sidekick Health
Private AI
Private AI specialises in providing privacy-preserving artificial intelligence solutions for businesses, enabling them to leverage the power of AI while ensuring data confidentiality and compliance with privacy regulations.
Using advanced cryptographic techniques such as federated learning, differential privacy, and homomorphic encryption, Private AI enables businesses to train machine learning models directly on distributed data sources while keeping the data encrypted and private.
Organisations use Private AI to harness the collective intelligence of their data assets without centralising sensitive information or exposing individual data points.
Private AI testimonial:
"Private Al was extremely easy to integrate with our current pipeline, requiring only a few lines of code to ensure GDPR-compliant data handling for our users' sensitive information. It offered superior privacy protection and enabled us to meet the rigorous data privacy requirements of the financial services sector without having to break the bank.” - Damian Tran, CTO, Minerva Al
Protect AI
Protect.ai is a cybersecurity firm dedicated to safeguarding businesses from digital threats and vulnerabilities. Leveraging cutting-edge technologies and innovative strategies, the company offers comprehensive solutions to mitigate risks and protect sensitive data.
Utilising advanced machine learning algorithms and threat intelligence, Protect.ai continuously monitors networks, endpoints, and applications for any suspicious activities or anomalies. Their proactive approach enables real-time threat detection and response, helping businesses stay ahead of cyber attacks and breaches.
Businesses partnering with Protect.ai benefit from enhanced cybersecurity posture, reducing the likelihood of data breaches, financial losses, and reputation damage. By leveraging Protect.ai's expertise, organisations can fortify their defence mechanisms, ensuring robust protection against evolving cyber threats in today's dynamic digital landscape.
Scytale
Scytale is a cybersecurity platform that specialises in advanced threat detection and response. They offer comprehensive solutions to protect businesses from a wide range of cyber threats, including malware, phishing attacks, and data breaches.
Scytale leverages artificial intelligence and machine learning technologies to monitor and analyse network traffic, system behaviour, and user activity in real-time. By continuously monitoring these factors, they can swiftly identify suspicious or malicious activities and respond proactively to mitigate potential threats. Scytale's platform also provides threat intelligence and customisable alerts to help organisations stay ahead of emerging threats.
Organisations use Scytale's robust, AI-driven cybersecurity solutions for real-time protection, cost savings, and valuable threat insights to safeguard their digital assets and maintain a strong security posture in today's evolving threat landscape.
Scytale testimonial:
“Scytale exceeded our expectations. We continued operating as normal during our audit preparation. Our SOC 2 workflows were super organized, which made it the smoothest process we could have asked for. Scytale is the perfect combination of technology and advisory.” - Omer Rimoch, CTO at PayEm
Want to learn more about these scaleups and meet the founding teams? Got a different kind of challenge you need to solve?
Get in touch at hello@swiftscale.co, we’d love to chat