Symantec to support development of cybersecurity startups

 

Symantec announced the creation of Symantec Ventures, an initiative to support cybersecurity companies in accelerating the development of innovations. In addition to contributing capital, the company intends to help the startup community to reduce expenses and the time to launch its solutions.
 
The company promises to provide entrepreneurs with access to technology assets, including the Integrated Cyber Defense Platform for Enterprises and Digital Security Platform for Consumers, as well as expertise in artificial intelligence, marketing capabilities, and use of the world's largest threat intelligence network. . Symantec threat intelligence data can be used, for example, to help train, validate, and debug machine learning and AI methods, a resource that is costly and often impossible to access. of a startup.
 
Greg Clark, CEO of Symantec, highlights that the launch aims to catalyze innovation in the cybersecurity space. “Often, entrepreneurs spend time and resources building endpoint chassis, networking equipment or cloud infrastructure, rather than focusing their efforts on their true value-added innovation. We can help startups by allowing them to build on our extensible Integrated Cyber Defense Platform. For example, a new algorithmic approach to anomaly detection can be developed based on our endpoint platform or network, or our cloud security unit. With this, we enable Symantec's more than 385,000 corporate customers, including the world's largest companies, to take advantage of this rich ecosystem of ideas and, in this way, allow entrepreneurs to significantly reduce their time to market”, he says.
 
The executive also says that the framework has already been created for Symantec's API-based ecosystem approach, which has enabled the rapid integration of Blue Coat's network security technologies with Symantec's core security technologies, bringing together an Integrated Defense Platform. cybernetics. “Symantec Ventures aims to help entrepreneurs build the infrastructure that is at the heart of our customers' security transformation,” concludes Clark.