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Top 10 Private Security Companies of 2006 – Elemental Security
February 6, 2006
Courtesy of Red Herring
From targeted products to all-in-one solutions, these 10 security companies aim to be the next Symantecs of the world.
Elemental Security
ADDRESS:
155 Bovet Rd.
Suite 100
San Mateo, CA 94402
PHONE: 1-650-292-1400
FOUNDED: 2002
CEO: Peter Watkins
EMPLOYEES: 45
FUNDING: $21 million, 3 rounds
KEY INVESTORS: Sequoia Capital, Bessemer Venture Partners, Mayfield, Lehman Brothers
Regulatory requirements like Sarbanes-Oxley are forcing companies to buy a product that will manage, monitor, and enforce these policies and archive all the data that passes through their system. Elemental Security, a Red Herring 100 company, makes software that does just that. Elemental scores over competitors with the ease and flexibility it offers companies that want to define their own rules. The company’s CTO, Dan Farmer, is known for the free software program he released in the early 1990s called SATAN (System Administrator’s Tool for Analyzing Networks), which lets companies identify weak spots in their networks. With many security startups offering compliance as a feature in their products, Elemental will have to prove that it can cut through the clutter.