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Innovation Tier

Emerging / Unranked

Not enough independent evidence for a confident score yet — or a scaled public incumbent (Splunk, Cisco, IBM, Microsoft, and similar category giants) whose innovation pace has gone stale relative to the market it once defined, however large its install base or revenue.

40 /100

StrongKey

Long-running passwordless authentication and PKI vendor offering a FIDO2-certified authentication server and public key infrastructure for enterprises, fintech,…

Emerging / Unranked Identity & Access Management
40 /100

Ondato

KYC, AML, and identity-verification platform originating from Lithuania, covering customer onboarding, document validation, and ongoing compliance monitoring for…

Emerging / Unranked Identity & Access Management
40 /100

Datavault AI

A small NASDAQ-listed data-monetization and tokenization company making a sizeable ($94.5M) all-cash bet on AI-driven cyber-risk compliance technology…

Emerging / Unranked Governance, Risk & Compliance
40 /100

Pluribus One

A research-driven Italian application-security vendor now part of Alfa Group's expanding cybersecurity and MSSP portfolio.

Emerging / Unranked Application Security
40 /100

Capslock

A UK cyber-reskilling bootcamp fully absorbed into mthree, its existing joint-venture partner, consolidating talent-pipeline capability for employers facing…

Emerging / Unranked Governance, Risk & Compliance
40 /100

mhm

A five-year-old Canadian SOC/ISO assurance firm and ISO 42001 accreditation pioneer acquired by Axiom GRC as its first…

Emerging / Unranked Governance, Risk & Compliance
40 /100

Network Solutions, Inc.

Network Solutions, Inc. (branded NSI, distinct from the domain registrar of the same name) is Cisco's largest Indiana-based…

Emerging / Unranked Network Security
40 /100

Zvelo

Publicly traded (OTC: ZVLO) URL categorization and threat intelligence provider whose data feeds power web filtering and malicious-site…

Emerging / Unranked Network Security
40 /100

Aries Global

An Astorg-backed identity/security platform acquiring a well-established (3,000+ customer) IAM vendor (IS Decisions); deal announced March 11, 2026,…

Emerging / Unranked Identity & Access Management
40 /100

NINJIO

A PE-backed security-awareness training vendor broadening its offering through the Dcoya and SafeStack acquisitions, giving it more behavioral…

Emerging / Unranked Security Operations
40 /100

Millennium Corporation

A meaningful federal capability acquisition: Markon's February 2026 purchase of Millennium (including the K>fivefour training platform) positions Markon…

Emerging / Unranked Threat & Vulnerability Management
40 /100

Austability Group

A global security/technology group whose Nine23 acquisition (announced May 2026) was formally reviewed and approved under the UK…

Emerging / Unranked Security Operations
40 /100

DataExpert

A well-capitalized (Bridgepoint PE-backed), actively consolidating European MSSP; the ADO Security deal (July 2026) extends its Nordic footprint.

Emerging / Unranked Security Operations
40 /100

FICO (Cybersecurity Score)

Analytics giant best known for consumer credit scoring that also produces a third-party cyber risk rating, competing in…

Emerging / Unranked Governance, Risk & Compliance
40 /100

Agentic Fabriq

Agentic Fabriq provides identity, governance, and visibility infrastructure for AI agents, managing authentication, permission enforcement, and audit trails…

Emerging / Unranked AI Security
40 /100

SiftD

A talent-and-technology acquisition (undisclosed terms) that is more about accelerating Databricks' entry into the SIEM market via Lakewatch…

Emerging / Unranked Security Operations
40 /100

HaystackID

An established legal-technology/eDiscovery services provider strengthening GenAI capability; eDiscovery AI acquisition (Feb 26, 2026) is a well-timed capability…

Emerging / Unranked Governance, Risk & Compliance
40 /100

SAS

The security analytics division of SAS Institute, applying the company's fraud and risk-modeling AI heritage to network and…

Emerging / Unranked Security Operations
40 /100

Extreme Networks

Extreme Networks is a publicly traded enterprise networking vendor whose ExtremeCloud IQ platform bundles network access policy, analytics,…

Emerging / Unranked Network Security
40 /100

The Logic Group

A well-established (20+ year) Philadelphia-area MSP acquired by CompassMSP in July 2026 to strengthen its Mid-Atlantic presence, a…

Emerging / Unranked Security Operations
40 /100

ReeVo

A growing Italian MSSP using cross-border acquisitions (Security Lab Group, Hispasec) to build a pan-European managed-security footprint, a…

Emerging / Unranked Security Operations
40 /100

Magnitude

A very early-stage, Ballistic Ventures-backed TPRM automation vendor with a strong founding team pedigree, addressing a real but…

Emerging / Unranked Governance, Risk & Compliance
40 /100

Cybral

An early-stage, Miami-based AI-driven data security posture management and threat exposure management platform for classifying and protecting sensitive…

Emerging / Unranked Data Protection
40 /100

GuardRails

Singapore-based DevSecOps platform that integrates static analysis, secret scanning and dependency checks directly into developers' existing CI/CD workflows.

Emerging / Unranked Application Security