The 20 Coolest Identity Access Management And Data Protection Companies Of 2022: The Security 100
Increased data volume, government regulations mandating data protection and rising concerns around critical data loss in on-premises environments are expected to drive data protection market growth. From passwordless authentication to securing shared credentials, here’s what the 20 coolest identity management and data protection companies are doing.
Defending At Risk Data
Increased data volume, government regulation mandating data protection, and rising concerns around critical data loss in on-premises environments are expected to drive data protection market growth. The global data protection market expects to see a 9.1 percent compound annual growth rate (CAGR) over the next several years, going from $61.3 billion in 2020 to $113.4 billion by 2027, Valuates Reports said.
Seven identity management or data protection vendors bolstered their technological bona fides through acquisition. Some of the most notable deals include: Okta’s $6.5 billion purchase of customer identity and access management vendor Auth0; Microsoft’s buy of attack surface management firm RiskIQ for a reported $500 million; and HelpSystems’ acquisition of data loss prevention leader Digital Guardian.
Three identity management or data protection vendors on our list secured six-figure funding rounds, including: Jumio, which raised $150 million on an undisclosed valuation; OneTrust, which raised $210 million on a $5.3 billion valuation; and Transmit Security, which raised $543 million on a $2.2 billion valuation.
As part of CRN’s 2022 Security 100, here’s what the 20 coolest identity management and data protection companies are doing.