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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.

30 /100

Bugbounter

A Tallinn, Estonia-based marketplace connecting companies with independent security researchers for bug bounty, pentest, and vulnerability disclosure programs.

Emerging / Unranked Threat & Vulnerability Management
30 /100

First Focus

An ANZ and Philippines managed-IT provider, itself being acquired by Integris, that added security and compliance via Optimus…

Emerging / Unranked Security Operations
30 /100

Fivenines

A profitable 16-person French and Moroccan MSSP (about EUR 6M revenue) acquired by Groupe Office Automation.

Emerging / Unranked Managed Security Services (MSSP/MDR)
30 /100

OneHQ

An established Auckland managed IT and cyber provider acquired by First Focus.

Emerging / Unranked Security Operations
30 /100

Talea S.r.l.

Regional Italian managed NOC/SOC services provider delivering outsourced 24/7 security operations and IT infrastructure support near Bologna.

Emerging / Unranked Managed Security Services (MSSP/MDR)
30 /100

Daekyo CNS

The IT arm of Korea's Daekyo education group, entering network security through a 100% acquisition of Handream.net.

Emerging / Unranked Network Security
30 /100

Creative

A Rennes IT services group that rescued bug-bounty platform Yogosha from liquidation and absorbed its team.

Emerging / Unranked Threat & Vulnerability Management
30 /100

Cyberfish

A Cheltenham gamified cyber-psychology training firm in which Trust Stamp took a 50% stake for GBP 190,000.

Emerging / Unranked Security Operations
28 /100

GBC Group

A PE-backed German MSP consolidator that extended into the Bad Arolsen region by acquiring NetzConcepte.

Emerging / Unranked Security Operations
28 /100

Soxton

A New York AI-powered law firm that acquired agentic-security startup Cipher in March 2026 to secure its own…

Emerging / Unranked AI Security
28 /100

Groupe Office Automation (GOA)

French distributor of office equipment, IT hardware and digital software for SMEs; acquirer of cybersecurity firm Five Nines…

Emerging / Unranked Security Operations
28 /100

Active Cypher

A small Newport Beach, California vendor offering crypto-agile file encryption for cloud collaboration platforms (SharePoint, OneDrive, Dropbox) and…

Emerging / Unranked Data Protection
28 /100

Neptune Navigate

A K-12 digital-citizenship curriculum provider acquired by CyberNut in July 2026.

Emerging / Unranked Governance, Risk & Compliance
28 /100

Coeo

A Downers Grove, IL managed-network provider recapitalized by Riata Capital and acquiring NetWolves and S-NET.

Emerging / Unranked Network Security
28 /100

Netum

A Nasdaq First North-listed Finnish digital-services company that added a strategic cybersecurity team by acquiring Cyberwatch Oy in…

Emerging / Unranked Security Operations
28 /100

PCProfi Informatique

A 30-year-old Swiss regional ICT provider acquired by Sonio in July 2026.

Emerging / Unranked Security Operations
28 /100

Aldrich

A Pacific Northwest consulting group adding vCISO and security-engineering services for healthcare, finance, and higher-ed clients via its…

Emerging / Unranked Security Operations
27 /100

Thales Managed Cloud Services (Australia)

A tracking entry for the Australian managed cloud services unit Thales divested to Interactive in May 2026.

Emerging / Unranked Security Operations
27 /100

Intalect

A Leicestershire regional MSSP acquired by Novem as its fifth deal since 2023.

Emerging / Unranked Managed Security Services (MSSP/MDR)
27 /100

IT Solutions Technology Partners

North American managed IT and cybersecurity provider; acquirer of Detroit-area MSSP STACK Cybersecurity in September 2026.

Emerging / Unranked Security Operations
25 /100

Ikigai Ventures

A London-listed acquisition vehicle merging with the Dotlines Group in a GBP 55.7M all-share deal and rebranding as…

Emerging / Unranked Governance, Risk & Compliance
25 /100

Genie

A 2025-founded Israeli data-security startup acquired by Cyera for a reported $50M about five months after founding.

Emerging / Unranked Data Protection
25 /100

Kaistos

A Paris-region Dell and Fortinet infrastructure integrator (about EUR 2M revenue) acquired by Heliaq in February 2026.

Emerging / Unranked Security Operations
23 /100

InfraVia Capital Partners

Paris growth-equity and infrastructure investment firm; took a majority stake in Nexis in September 2026.

Emerging / Unranked Security Operations