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LightCyber Selected as 2016 Red Herring Top 100 North America Winner

June 2016 by Emmanuelle Lamandé

LightCyber announced that it has been selected as a 2016 Red Herring Top 100 North America winner. The award recognises the leading private companies from the region, celebrating
innovation and technology from startups across respective industries.

LightCyber’s technology solves the growing
data breach
problem by using
machine learning to find operational activities of
active
network attackers. The Magna platform profiles users and devices on an
organisation’s network to learn good behaviour and be able to detect
malicious anomalies indicative of an attack.
Accurate
detection of an active attacker enables organisations to curtail a data
breach or other dangers. At the same time, Magna can identify harmful
activity from insiders-rogue or unaware employees or contractors-that is
either intentionally malicious or unknowingly dangerous.

Red Herring Top 100 America enlists outstanding entrepreneurs and promising
companies. It selects the award winners from approximately 1,200 privately
financed companies each year in the US and Canada. Since 1996, Red Herring
has kept tabs on these up-and-comers. Red Herring editors were among the
first to recognise that companies such as Facebook, Twitter, Google, Yahoo,
Skype, Salesforce.com, YouTube, Palo Alto Networks and eBay would change the
way we live and work.

Red Herring’s editorial staff evaluated companies on both quantitative and
qualitative criteria, such as financial performance, technological
innovation and intellectual property, DNA of the founders, business model,
customer footprint and market penetration. This assessment of potential is
complemented by a review of the track record and standing of startups
relative to their sector peers, allowing Red Herring to see past the "buzz"
and make the list a valuable instrument of discovery and advocacy for the
most promising new business models in North America.


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