Evolution Equity Partners

The Office of the National Cyber Director, The White House (ONCD) released a summary of responses to a recent Request for Information (RFI) about the 𝗰𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 in which partners in civil society, academia, and industry participated.¹ RFI highlights worth discussing:  💡 Respondents agree that the lack of harmonization and reciprocity in cybersecurity regulations poses challenges to cybersecurity outcomes and business competitiveness, regardless of sector or company size. 💡 Respondents are concerned about the lack of harmonization across federal agencies, state and federal regulators, and international borders. 💡 Respondents noted that complying with multiple regulatory regimes targeting the same risk reduces actual programmatic cybersecurity spending. The good news is that the ONCD is already working on a pilot reciprocity framework for a critical infrastructure subsector to gain insights into designing a harmonized cybersecurity regulatory approach. We’d like to echo the call for congressional support to bring together relevant agencies and develop a cross-sector framework for harmonizing and enabling reciprocity in baseline cybersecurity requirements. As a strategic investor in market-leading cybersecurity companies, our posture at Evolution Equity Partners is that while there might be some near-term adjustments, the long-term outlook for the sector is highly bullish. 📈 The ONCD's push for harmonization could be the tide that lifts all boats in cybersecurity by lifting heavy regulatory burdens and streamlining compliance across the board. However, we predict the winners will be those companies that are agile enough to adapt to new rules and offer solutions that improve cybersecurity while delivering tangible business value, not just ticking regulatory boxes. Can standardized regulations keep pace with the fast-evolving cybersecurity landscape? Answer via the poll below 👇 #cybersecurity #regulation #compliance #defendandprotect ¹ Read National Cyber Director Harry Coker, Jr.’s full blog post here 👉 https://lnkd.in/dTEdbAth 

5% of unicorns worldwide are Cybersecurity companies. Despite a significant drop in new unicorn formations last year, Cybersecurity and AI were the top growth sectors for valuations. The Cyber/AI crossover presents an unprecedented window of opportunity for entrepreneurs and investors right now. With AI introducing new market dynamics, we see a new frontier in cyber defense, so we encourage our network of cybersecurity professionals to explore the entrepreneurship path. Through our new $1.1 billion fund, we're doubling down on companies that leverage AI to stay ahead of evolving threats, and continue providing support to our portfolio companies. #cybersecurity #ai #venturecapital #defendandprotect 🔔 Follow Evolution Equity Partners for more insights on Cybersecurity and Venture Capital.

Evolution Equity Partners is thrilled to announce that Aron Khurana, CAIA Head of Investor Relations at the firm has been promoted to Partner. Aron joined Evolution in 2021 and is responsible for the firms' fundraising efforts and client activities. Most recently, he led Evolution’s $1.1 Billion capital raise for cybersecurity investment while building a tremendous IR team and strong go-to-market process. Richard Seewald, founder and managing partner of Evolution Equity Partners stated. “We are thrilled to welcome Aron Khurana to the Evolution partnership. His extensive experience coupled with strong leadership skills make him an integral part of our team. Aron is at the forefront of this industry and we look forward to together continuing to build a leader in venture capital and growth equity." #defendandprotect, #EvolutionEquityPartners, #CybersecurityVentureCapital #PressRelease https://lnkd.in/edipZd5i

Like many CISOs, Jim Alkove has firsthand experience receiving that call from a distressed CEO who is concerned about sensitive documents or presentations being discussed by unauthorized individuals. This is one of many situations where the value of the Oleria Trustfusion Platform to CISOs becomes immediately clear: Oleria gives you fine-grained access data in a composite graph—without wasting significant time running scripts and manually aligning data in an investigation. #CISOs #IdentityAccessManagement

30% of C-suite and VP total compensation should be performance-based Why? We've experienced how high pay alone doesn't guarantee high performance. We'd suggest a more holistic approach to incentivize employee success: 🎯 𝗦𝗵𝗮𝗿𝗲𝗱 𝗚𝗼𝗮𝗹𝘀, 𝗦𝗵𝗮𝗿𝗲𝗱 𝗥𝗲𝘄𝗮𝗿𝗱𝘀: Startup wins are team wins. Focusing solely on departmental metrics like MQLs and sales creates silos, not synergy. 🎯 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗶𝘇𝗲 𝘁𝗵𝗲 𝗪𝗵𝗼𝗹𝗲 𝗧𝗲𝗮𝗺: Tailor incentives for non-quota-carrying roles based on their contribution to leading indicators. ARR can motivate sales, while others can have incentives tied to metrics like customer satisfaction or product adoption. 🎯 𝗧𝗶𝗲𝗿𝗲𝗱 𝗩𝗮𝗿𝗶𝗮𝗯𝗹𝗲 𝗣𝗮𝘆: Consider a system with increasing variable pay based on (e.g., C-level: 30%, Directors: 20-25%, others: 10%). 🎯 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗩𝗶𝘀𝗶𝗼𝗻: Employee equity can further align team interests with long-term company success. Studies show employees with a stake in the company's success report: 📈 33% increase in median income 📈 53% longer average job tenure 📈 92% increase in median household net worth Plus, employers benefit from an 8.5% increase in profit margins and are 3x to 4x more likely to retain their staff. Below is a general performance-based framework for your team👇 Useful? Read Evolution Equity Partners' full blog post on the topic: https://bit.ly/3Xcphez Data Sourced from The Guardian. 🔔 Follow Evolution Equity Partners for more SaaS, cybersecurity, and venture capital insights. #defendandprotect #cybersecurity #evolutionpartners

Which is it, Information Security or Cybersecurity? Here’s why the answer isn’t as simple as picking one or the other. Cybersecurity is a subset of Information Security (InfoSec). 🔐 𝗜𝗻𝗳𝗼𝗦𝗲𝗰 Encompasses protecting ALL info - digital, physical, and intellectual property.  Focuses on protecting physical assets like documents, servers, and prototypes. 🔐 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆  Safeguards data stored in the digital real - networks and computer systems.  Prevents ransomware attacks, spyware injections, and social media compromise. InfoSec and Cybersecurity both follow the CIA triad for securing info. △ 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹𝗶𝘁𝘆: Only authorized users can access and modify information.  △ 𝗜𝗻𝘁𝗲𝗴𝗿𝗶𝘁𝘆: Information is accurate and hasn’t been tampered with.  △ 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Information is readily accessible to authorized users when needed. And both InfoSec and Cybersecurity are fundamental to information risk management because physical security measures directly impact cyber security. For example, secure storage facilities for servers and computers, as well as access control systems maintain information confidentiality and integrity. Therefore, measuring cybersecurity risk means understanding threats, vulnerabilities, and the value of electronic information assets. In this way, InfoSec professionals help cybersecurity professionals prioritize information protection while cybersecurity professionals determine how to implement IT security. It's a bit more nuanced than this, but understanding the role of each helps you create a layered defense against bad actors. Follow Evolution Equity Partners, the multistage venture capital firm investing in market-leading cybersecurity companies. #cybersecurity #defendandprotect #venturecapital #saas

Modern business runs on APIs, period. They have become a significant attack surface, making 𝗔𝗣𝗜 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 crucial for organizations. Checking for vulnerabilities in APIs traditionally involved manual penetration testing, but it is now shifting to 𝘢𝘶𝘵𝘰𝘮𝘢𝘵𝘦𝘥 𝘵𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯 𝘋𝘦𝘷𝘖𝘱𝘴 𝘱𝘪𝘱𝘦𝘭𝘪𝘯𝘦𝘴. So, in an enterprise context, who is responsible for API security? Is it the CTO? Is it the CISO? 🤔 According to Bright CEO Gadi Bashvitz, API security should be ingrained in the DevOps engine rather than an afterthought (or becoming a bottleneck). “I’ve seen CISOs reporting to the CTO, and we’re increasingly seeing security engineering teams merging with development teams,” Gadi recalls. Learn more about how enterprises are adapting their organizational structures to integrate specialized API security tools and teams 👉 https://lnkd.in/eUEgiXMt #defendandprotect #evolutionportfolio #evolutionequityTV #cybersecurity #venturecapital

𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗧𝗩 Originals - Steve Morgan sits down with Neatsun Ziv, Founder and CEO of OX Security. OX Security's Active ASPM platform unifies application security practices and prevents risks across the software supply chain, empowering organizations to take the first step toward eliminating manual practices while confidently enabling scalable and secure development. #EvolutionCybersecurityTV, #DefendandProtect, #EvolutionPortfolio https://lnkd.in/edEqnhT5

Congratulations to Jim Alkove and the entire Oleria team on being named a World Economic Forum 2024 Technology Pioneer. The coveted WEF Technology Pioneers program selects 100 leading technology organizations involved in developing and deploying new technologies and innovations that exemplify the transformative potential and entrepreneurial spirit essential for shaping a better future. Oleria provides adaptive and autonomous identity security solutions to protect and enable today’s dynamic enterprise. Evolution Equity Partners led a Series A Round of funding in Oleria with Salesforce Ventures, Tapestry VC, and Zscaler.  #evolutionportfolio, #defendandprotect, #cybersecurity https://lnkd.in/eyevXpgx

𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗧𝗩 Originals - CISO Talk: Steve Morgan sits down with Adam Fletcher, CISO of Blackstone to discuss the past, present, and future of cybercrime and cybersecurity. #EvolutionCybersecurityTV, #DefendandProtect, #EvolutionPortfolio https://lnkd.in/ey8kDjQg