Top Cybersecurity startups to watch in 2023

Cado Security is the provider of the first cloud forensics and incident response platform. By leveraging the scale and speed of the cloud, the Cado platform automates forensic-level data capture and processing across cloud, container, and serverless environments.

With more than 60% of corporate data currently stored in the cloud, it’s more important than ever that organisations have the tools to handle the risk posed by the cloud environment. We believe Cado Security’s ability to drastically speed up incident response in the cloud will see the startup pave the way in this critical and rapidly growing segment of cloud security.

Cycode is a complete software supply chain security solution that provides visibility, security, and integrity across all phases of the software development lifecycle (SDLC). Cycode integrates with DevOps tools and infrastructure providers, it hardens their security postures by implementing consistent governance, and reduces the risk of breaches. It also incorporates a series of scanning engines that look for issues like hardcoded secrets, infrastructure as code misconfigurations, code leaks and more.

45% of companies are likely to be affected by software supply chain attacks, a figure which is set to grow three-fold over the next two years. Cycode provides its customers with the tools to help prevent them from becoming the next SolarWinds (arguably the worst cyber security attack in recent history with victims including the US departments of health, treasury, and state were affected by this attack). We’re excited because (1) nobody wants a repeat of the SolarWinds fiasco and (2) its vision for SDLC security is extremely comprehensive, meaning there is only room for improvement.

Drata is the world’s most advanced security and compliance automation platform with the mission to help companies earn and keep the trust of their users, customers, partners, and prospects. Drata continuously monitors and collects evidence of a company’s security controls - all while streamlining workflows to ensure audit-readiness.

Compliance is necessary to the success of your business. And at Passionfruit we love how easy Drata makes it for startups to account for this from the get go. So while Drata automatically gathers the necessary “proof” that your data privacy and security practices are in ship-shape, you’re free to focus on other areas of your business.

Open Raven is a data security management company that prevents leaks, breaches, and compliance incidents. The data security platform is the secure, private, budget-safe solution that closes data visibility gaps – and just works.

Open Raven solves one of the biggest problems in security while satisfying budget and privacy sensibilities. We believe Open Raven’s execution will only continue to get better and better across product expansion, customer acquisition, and retention. What’s not to love?

Island is a web browser with new cybersecurity capabilities designed to block malware and other online threats. With the core needs of the enterprise naturally embedded in the browser itself, Island gives organisations complete control, visibility, and governance while delivering the same smooth Chromium-based browser experience users expect.

Island has transformed the work environment to be secure-by-design, enabling organisations to achieve entirely new levels of security, productivity, and IT efficiency. As Island’s Co-Founder Mike Fey said “when you can validate and confirm that your data can’t leave a given SaaS or web application, the risk level around that data just shrinks”. Who wouldn’t want to future proof their business against the next wave of cyber attacks?

Secureframe is the leading, all-in-one compliance automation platform, helping organisations get and stay compliant to the most rigorous security and privacy standards with speed and ease.

We believe Secureframe has the technology to drive major transformation in continuous compliance certification. What’s most exciting is that they’re already the go-to solution for high-growth companies who want to automate their entire compliance portfolio. Watch this space.