CONCEPT

Quadium’s service, called Expander, scans to public internet looking for exposed devices, alerting customers and their IT departments to unprotected gadgets that are outside their corporate firewall. Using algorithms and a web-based user interface, Expander empower clients to explore insights about their networks and protect their companies.

HOW THEY’RE DISRUPTING

Their digital asset maps allow companies to have an easy view of all their assets on the public internet which they can continue to monitor and report to secure their networks. The technology allows companies to scan every device on the public internet every hour. Their client list includes Capital One, PayPal and CVS.

DISRUPTION POTENTIAL

Many online device that companies use are vulnerable to attack – even printers or digital video recorders. These type of security breaches has taken major websites offline like the likes of Twitter and Netflix. According to an IBM 2017 security report, it takes on average 191 days for an organisation to identify a data breach in the US.

INVESTMENTS AND FUTURE

Quadium have raised a total of $65 million, with $40M raised in a Series B led by IVP. The next step is to grow their engineering team and expand their client base nationally.