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Trend Micro, a company specializing in defending digital threats and security in the cloud era, recently announced the launch of an investment fund to explore emerging technology markets.
With an initial investment of US$ 100 million, this venture fund will allow Trend Micro to foster the creation of a portfolio aimed at startups that develop new ideas and are at the epicenter of high-growth markets, such as the Internet of Things (IoT).
"Trend Micro's vision has always been to make the world safe for exchanging digital information. The explosion of devices has transformed the way the world works, thinks and acts. The ecosystem is still evolving, so there is a lot of work to be done be done to ensure that organizations and individuals can work and live safely in this new reality," said Eva Chen, founder and CEO of Trend Micro.
Trend Micro's investment will provide companies with financial support, access to the company's global threat intelligence and strategic alliances with a channel network of more than 28,000 partners.
For Trend Micro, the initiative will bring information about opportunities emerging from this ecosystem with innovative business models that will help respond to existing market gaps. These findings will influence planning for Trend Micro's cybersecurity solutions.
"We have a 29-year history of success anticipating technology trends to protect all types of environments. The first big wave we had was the growth of the computer market and we committed ourselves early on to the development of endpoint protection, remaining a Leader in the Quadrant Gartner Magic for Endpoint Protection Platforms to this day,” says Chen.
“Next, we focused on protecting the cloud and, to date, we have protected more than two billion hours of workloads, and that's just on Amazon Web Services (AWS). Now, we believe that the next wave has arrived with IoT and our fund will help us seize this opportunity", concludes Chen.
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