15 European Cybersecurity Startups You Need to Know About in 2016

by Mohammad Nadeem 2,137 views0

The unprecedented rise in cyberattacks globally has been met with a myriad of new startups taking varying approaches to cybersecurity: analyzing suspected attacks, automating responses, data encryption for obfuscating stolen data, sorting through alerts triggered by other security platforms to help prioritize responses, and more.

In response to the demand for more effective cybersecurity solutions, a myriad of startups across Europe are plowing fertile ground, developing innovative solutions for countering destructive attacks carried out via new attack vectors on an ever-expanding attack surface.

Here are 15 promising European tech startups building products and solutions for combating today and tomorrow’s cyber threats.

15. Detectify

Source: detectify.com.
Source: detectify.com.

Headquarters: Stockholm, Sweden

Founded: 2015

Area: Vulnerability Scanning – SaaSgre

The team at Detectify aims to use its hacker expertise for ethical purposes, offering a SaaS-based tool that audits your website’s security and creates a report on its status. In March 2015, the company announced a €1.55 million funding round–and has been growing rapidly since then.

14. Cyberwatch

Source: cyberwatch.fr.
Source: cyberwatch.fr.

Headquarters: Paris, France

Founded: 2015

Area: Vulnerability Patching and Management

Cyberwatch was founded by Maxime Alay-eddine to provide small/medium companies with adequate yet cost-effective security for servers and IT assets. The company has being experiencing steady growth and has formed strategic ties with multiple French institutions.

13. Globinnova

Source: globinnova.com.
Source: globinnova.com.

Headquarters: Felgueiras, Portugal

Founded: 2015

Area: Big data security

Globinnova Cyber Intelligence is a cybersecurity startup with a deep focus on threat intelligence data feeds and big data operations. The company actively advocates the need for improved cyber security measures and provides consultation to Portuguese institutions on a large scale.

12. Protonet

Source:
Source: protonet.com.

Headquarters: Berlin, Germany

Founded: 2014

Area: Secure Collaboration

Protonet develops secure servers for use by individuals and small businesses and secure cloud collaboration/project management solutions. The company’s crowdfunding campaign raised $1 million in just 89 minutes back in in 2014.

11. ZenMate

Source: play.google.com.
Source: play.google.com.

Headquarters: Berlin, Germany

Founded: 2013

Area: Online Anonymity

Anti-government uprisings around the world have led to a spike in the use of online privacy tools liked ZenMate. The startup offers a “one-click” browser-based plugin with VPN-like features.

10. Darktrace

Source: darktrace.com.
Source: darktrace.com.

Headquarters: Cambridge, UK

Founded: 2013

Area: Intrusion/Threat Detection and Prevention

Headed up by a former British Government Communications Headquarters (GCHQ) defense chief, UK-based Darktrace is taking a new approach to protecting organizations against serious cyber threats in realtime. The firm recently raised $18 million to further expand its operations.

9. Cryptosense

Source: cryptosense.com.
Source: cryptosense.com.

Headquarters: Paris, France

Founded: 2013

Area: Cryptography

Cryptosense develops security software—mainly crypto-based and geared towards the finance space—to help analyze potential vulnerabilities in business systems and infrastructure. In September 2014, the startup announced a €700,000 seed round from Elaia Partners and has grown significantly since then.

8. Mailfence

Source:
Source: mailfence.com.

Headquarters: Brussels, Belgium

Founded: 2013

Area: Email Privacy

Well-known Belgian internet entrepreneurs Arnaud Huret and Patrick de Schutter founded Mailfence in response to Edward Snowden’s revelations regarding the American government’s mass spying efforts on its own citizens. The company offers a secure email privacy suite leveraging state-of-the-art security and cyber protection mechanisms.

7. Silent Circle

Source: play.google.com.
Source: play.google.com.

Headquarters: Geneva, Switzerland

Founded: 2012

Area: Secure communications

Founded by Mike Janke and Phil Zimmerman—the creator of Pretty Good Privacy (PGP)—Silent Circle is the maker of the Blackphone, a security-hardened smartphone. In March 2015, the startup announced a $50 million investment to fuel further expansion.

6. PEP

Source: prettyeasyprivacy.com.
Source: prettyeasyprivacy.com.

Headquarters: Luxembourg City, Luxembourg

Founded: 2012

Area: Online Privacy

Pretty Easy Privacy (p≡p) was conceived when Leon and Volker put their heads together to develop an automatic, easy-to-use solution for securing the privacy of digital communications. The company launched a pilot stage p≡p version of MS Outlook in May 2014, followed by a pre-release candidate in September 2014.

5. Cyberlytic

Source:
Source: cyberlytic.com

Headquarters: London, UK

Founded: 2013

Area: Security Analytics/Intelligence

Cyberlytic develops security intelligence software for improving an organization’s incident response time during or following a cyber attack. Its Cyber Threat Profiler (CTP) is a virtual appliance that combines AI with data science to triage cyber attacks.

4. Gremwell

Source:
Source: gremwell.com.

Founded: 2010

Area: Penetration testing and vulnerability assessment

Founded by Alla Bezroutchko, a veteran penetration tester and application security expert and Alexandre Bezroutchko, an expert in hardware hacking, telephony systems, and networking, Gremwell develops tools for penetration testing (pentesting) and detecting vulnerabilities. Its free MagicTree tool streamlines pentesting data management and reporting for better penetration tester productivity.

3. Minded Security

Source: mindedsecurity.com.
Source: mindedsecurity.com.

Headquarters: Florence, Italy

Founded: 2007, 2014 (formation in UK)

Area: Application Security

Founded by Matteo Meucci and Stefano Di Paola, two OWASP Italy principles, Minded Security focuses on application security research and provides auditing, training, and consulting for teams/businesses of all sizes.

2. Continuum Security

Source:
Source: continuumsecurity.net.

Headquarters: Huesca, Spain

Founded: 2012

Area: Application Security

Founded by former OWASP project collaborator Stephen de Vries, Continuum Security focuses on providing tools and services for bolstering application level security. Despite its small team, the company was named the best Spanish cybersecurity startup of 2015 by the Spanish National Cyber Security Institute.

1. Digital Shadows

Source: digitalshadows.com.
Source: digitalshadows.com.

Headquarters: London, England

Founded: 2011

Area: Threat intelligence and cyber situational awareness

If a startup’s leadership is a barometer for its success potential, then Digital Shadows is certainly off to a good start. The company has severable prominent leaders/founders: CEO Alastair Paterson and CTO James Chappell, both with advanced security backgrounds working for BAE Systems Detica, and VP of Strategy Rick Holland, former VP and Principal Analyst for Forrester and co-chair of the SANS Cyber Threat Intelligence Summit, among other notable names. The company raised $22M dollars in February 2016 to expand its operations.

Europe is now home to arguably the most dynamic and cutting edge cybersecurity ecosystems in the world—these 15 startups are just a handful among numerous others working to make digital landscapes safer for consumers and businesses to transact and thrive.

 

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