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The Six Most Promising Security Startups Of 2008

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  • The Six Most Promising Security Startups Of 2008

    THE SIX MOST PROMISING SECURITY STARTUPS OF 2008
    By Tim Wilson

    Dark Reading
    OCTOBER 10, 2008 | 9:35 AM
    NY

    Judges unveil six finalists in the annual Global Security Challenge

    Looking for the latest hot technologies in security? So are the judges
    of the annual Global Security Challenge, a contest designed to help
    seek out and identify the most promising startups in the industry.

    Yesterday, the GSC judges announced the six finalists for the award,
    which will be announced on Nov. 13. The winner will get a $500,000
    grant in cash and mentorship from venture capitalists, courtesy of
    the Technical Support Working Group of the U.S. government.

    Some of these technologies seem more useful to a the Green Berets
    or the CIA than to the average enterprise. However, there are some
    emerging IT technologies in the list as well. Take a gander at this
    year's finalists -- and start thinking about your entry for 2009.

    1. Beyond Encryption

    This Irish company has built and deployed an enforcement tool for
    remote information security. It enables an organization to take an
    offensive approach and pursue any device and its data, putting either
    or both beyond the use of the current user. It is the first precision
    information protection weapon with pinpoint accuracy for targeting and
    protecting sensitive information on any device regardless of location.

    2. Brain Fingerprinting Laboratories

    Based in Seattle, this startup has developed a "brain fingerprinting"
    technology. This humane, non-invasive, and accurate scientific
    technology detects concealed information in the brain that can be
    used for interrogations of criminal suspects (yes, really). It can
    also detect Alzheimer's disease and measure advertising effectiveness.

    3. Hiperware

    This Singapore upstart has developed a real-time decision-making
    software that leverages cluster computing power for analyzing
    enterprise processes to actively identify errors and monitor process
    effectiveness.

    4. Intuview

    Based in Israel, this startup has developed a multi-engine "artificial
    intuition" software for real-time categorization, summarization, and
    intelligence extraction from large batches of documents in Arabic,
    relating to the domain of Islam and terrorism with the goal of creating
    a capability to interpret the hermeneutics of radical Islamic and
    terrorist related texts without the need to have well versed Arabic
    literate analysts on hand.

    5. Precision Sensors Instrumentation

    This Armenian company invented a single-layer, flat-coil-oscillator
    absolute-position sensor that enables users to do more accurate
    prediction of earthquakes and detection of armed activity in zero
    visibility settings.

    6. TRX Systems

    A spinoff from the University of Maryland, this emerging company has
    achieved a technological breakthrough for tracking first responders
    both outdoors and within complex structures. The TRX system is
    self-contained and requires no pre-existing infrastructure and can
    even create virtual floor maps in real time.

    Last year's winner was NoblePeak Vision, which developed a breakthrough
    technology for night video surveillance.

    From: Emil Lazarian | Ararat NewsPress
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