Tenable will invest up to $25 million in startups that can help its cybersecurity efforts.
Those ventures will be part of the company’s new corporate investment Tenable Ventures, the firm said in a news release Thursday (Jan. 26).
“Tenable Ventures will focus globally on early-stage startups developing novel capabilities that help customers discover, assess and manage cybersecurity risk across their attack surfaces to better prevent successful attacks,” the Maryland-based company said.
The company says the project will focus on competitive cybersecurity markets like the U.S. and Israel, investing in firms “tackling significant problems that require new and innovative approaches, data sets and platforms.”
That means companies that use emerging technologies in cloud security, identity management, external attack surface management, operational technology and vulnerability management that could expand the exposure management ecosystem and potentially become part of the Tenable One Exposure Management platform.
Tenable’s investment comes as a growing number of financial institutions are dealing with cyberthreats, according to recent PYMNTS research.
“The…
