Welcome!

Containers Expo Blog Authors: Pat Romanski, Elizabeth White, Scott Sobhani, Liz McMillan, Stefan Bernbo

News Feed Item

SourceClear Launches to Redefine Security for Developers

SourceClear, the company creating a modern software security platform for developers, today announced it has closed $1.5 million in seed funding for the SourceClear platform, which is turning traditional software security inside-out. With general availability in the coming weeks, SourceClear empowers developers with the intelligence to make smarter decisions while they’re building software, ensuring organizations gain complete visibility across their software portfolios. The platform integrates directly into established development tools, is armed with machine-learning capabilities and leverages ‘big data’ analytics.

“Developers are literally the only people who can solve the epidemic in software security,” said SourceClear Founder and CEO Mark Curphey. “Traditional security tools were built for security and IT people, and there has been poor adoption and high degrees of friction from developers. With the cloud, agile, open-source, mobile, devops, big-data, artificial intelligence and social platforms, developers are changing the world faster than ever before and security tools simply haven’t kept up. We are changing that. Developers love us, and our early funding is a strong vote of confidence in our vision.”

Solving Security Problems at Their Source

SourceClear’s first product helps organizations identify which components they are using across their software portfolio, where they come from, what they do and which ones have security issues. They then help developers fix the issues and stay protected against new threats.

Up to 80% of the source code in modern applications originates from reusable and open-source development frameworks and libraries. Hackers have learned to analyze and exploit these components giving them access to far more data than hacking systems one-by-one. Hackers and governments are known to have modified open-source libraries which are then innocently installed by developers creating backdoors and vulnerabilities that can be exploited at will.

“Developers are the ones burdened with security failures,” said Frank Marshall, former VP of Engineering at Cisco Systems Inc. “By operating within developers’ workflows and helping them find and fix issues in real-time, SourceClear is addressing the biggest security vulnerability: The inability of organizations to distribute the right information to the right people at the right time.”

SourceClear Secures A-List of Angel Investors

The SourceClear seed funding round is led by a group of world-class angel investors including Justin Somaini, Chief Trust Officer at Box.com; Frank J. Marshall, former VP of Engineering at Cisco Systems Inc.; Amos Michelson, Chairman of Kardium; and Mary Cirillo, board member at Thomson Reuters (TRI).

Founded by security veterans from Microsoft (MSFT), Charles Schwab (SCHW) and Foundstone / McAfee (MFE), SourceClear’s over-subscribed seed round reflects strong interest in the company’s initial products, traction from early adopters and the upcoming product portfolio. CEO and Founder Mark Curphey also founded OWASP, headed the software security program at Charles Schwab, led the information security tools team at Microsoft and was the Product Unit Manager for the Microsoft Developer Network (MSDN).

Boasting a track record of working with successful security and enterprise companies, angel investors include:

  • Justin Somaini, Chief Trust Officer, Box.com; former CSO at Yahoo! (YHOO), Verisign (SYMC) and Symantec (SYMC);
  • Frank J. Marshall, former Vice President of Engineering at Cisco Systems (CSCO), director on numerous boards, including Juniper Networks (JNPR), Aerohive Networks (HIVE) and InfoBlox (BLOX) and former Chairman Netscreen Technologies (NSCN). Successful security seed investments include MobileIron and SourceFire;
  • Amos Michelson, chairman of Kardium, former CEO of Creo and CEO of Opal Inc.; former Ernst & Young Entrepreneur of the Year;
  • Mary Cirillo, Member of the Board at Thomson Reuters, former Cisco board member;
  • Seattle-based Kinzer Capital;
  • London-based Realise Capital Partners;
  • A private investment syndicate based in Tel-Aviv and Silicon Valley.

SourceClear’s world-class advisory board includes Box.com Chief Trust Officer Justin Somaini, privacy expert and author Siobhan MacDermott, CrowdStrike CEO and former McAfee global CTO George Kurtz, software security expert John Viega and user experience expert Charlie Claxton.

About SourceClear

At SourceClear, we believe that security must be built-in—by developers themselves, in real time, as they create applications. We’re the only company on the planet 100% dedicated to building security tools for software developers. Tools they love to use. Tools they actually use. Find out more at https://sourceclear.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Presidio has received the 2015 EMC Partner Services Quality Award from EMC Corporation for achieving outstanding service excellence and customer satisfaction as measured by the EMC Partner Services Quality (PSQ) program. Presidio was also honored as the 2015 EMC Americas Marketing Excellence Partner of the Year and 2015 Mid-Market East Partner of the Year. The EMC PSQ program is a project-specific survey program designed for partners with Service Partner designations to solicit customer feedbac...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profession...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Ask someone to architect an Internet of Things (IoT) solution and you are guaranteed to see a reference to the cloud. This would lead you to believe that IoT requires the cloud to exist. However, there are many IoT use cases where the cloud is not feasible or desirable. In his session at @ThingsExpo, Dave McCarthy, Director of Products at Bsquare Corporation, will discuss the strategies that exist to extend intelligence directly to IoT devices and sensors, freeing them from the constraints of ...
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Apixio Inc. has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstruc...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
When people aren’t talking about VMs and containers, they’re talking about serverless architecture. Serverless is about no maintenance. It means you are not worried about low-level infrastructural and operational details. An event-driven serverless platform is a great use case for IoT. In his session at @ThingsExpo, Animesh Singh, an STSM and Lead for IBM Cloud Platform and Infrastructure, will detail how to build a distributed serverless, polyglot, microservices framework using open source tec...
The idea of comparing data in motion (at the sensor level) to data at rest (in a Big Data server warehouse) with predictive analytics in the cloud is very appealing to the industrial IoT sector. The problem Big Data vendors have, however, is access to that data in motion at the sensor location. In his session at @ThingsExpo, Scott Allen, CMO of FreeWave, discussed how as IoT is increasingly adopted by industrial markets, there is going to be an increased demand for sensor data from the outermos...