Exposure Management company, Tenable has announced it is introducing Tenable Ventures, a corporate investment programme designed to help early-stage startups better assess and manage cybersecurity risk.
With initial plans to invest up to $25M, the company said in a statement that Tenable Ventures will provide early-stage financing to startups in highly-competitive cybersecurity markets such as Israel and the U.S., to help with the development of exposure management solutions.
“Tenable Ventures represents Tenable’s ongoing investment in and commitment to sponsoring the next generation of innovative cybersecurity capabilities and the teams behind them,” said Amit Yoran, Chairman and CEO, Tenable.
“These companies share our vision for enabling customers to manage their exposure to cyber risk.”
Through the company’s exposure management solutions its users can translate technical asset, vulnerability and threat data into business insights and intelligence that can be analysed before taking an appropriate action.
As part of Tenable Ventures, the company will be working with startups to improve product design and create consistent data models to tackle significant cybersecurity problems.
The firm said it expects to invest in companies that focus on a preventive approach to security using emerging technologies in cloud security, identity management, external attack surface management, operational technology and vulnerability management.
Such technologies couldm also be considered for integration into the Tenable One Exposure Management platform.
To date, Tenable Ventures has invested in Lineaje – a specialist in critical Software Supply Chain security problems, Authomize – an identity threat detection and response (ITDR) platform, and Araali Networks – an Identity-First API Exposure and Threat Management solution that enables lean teams to secure cloud-native workloads at speed of DevOps
