SANTA CLARA, California, 6 August, 2019: ColorTokens Inc., a leader in new-generation zero trust cloud security, today announced that is has been awarded Notable Mention and added to the judges watch list for 2020, in the Black Unicorn Awards for 2019. Of the 3,000 cyber security companies in the world, only 20 made it onto the Black Unicorn Awards 2019 ‘watch list’.
The term ‘Black Unicorn’ applies to cybersecurity companies that have the potential to reach a $1 billion-dollar market value. This award showcases those companies that are now on the Black Unicorn Awards ‘watch list’, and who have the potential of that kind of valuation and success in the cybersecurity marketplace.
The ColorTokens Xtended ZeroTrust Platform delivers the first cloud-based solution to unify workload protection, visibility, application control, next-gen AV and EDR in a single, lightweight agent. Built 100% in the cloud, the ColorTokens cloud security platform provides a simple and scalable new-generation security solution that’s helping enterprises automate and secure their cloud migration, achieve faster time-to-compliance for PCI, HIPAA and GDPR, prevent breaches across endpoints, networks and multi-clouds—all while making zero trust security and networking a reality.
“It’s exciting to see ColorTokens making it into a very select group of 20 companies we plan to keep an eye on and continue to watch in 2020, receiving the Notable Mention award in our first annual Black Unicorn awards,” said judges Robert Herjavec of Herjavec Group, David DeWalt of NightDragonand Gary Miliefsky of Cyber Defense Media Group.
“ColorTokens is helping modern enterprises move beyond perimeter-focused security and point solutions, which simply aren’t enough to address today’s enormous cost, risk, cloud transformation and compliance assurance pressures,” said Nitin Mehta, Founder and CEO of ColorTokens. “Our game-changing Zero Trust cloud security solution enables enterprises to safely migrate to multi cloud environments – and maintain critical cyber resiliency – by protecting workloads, containers, endpoints and users with single unified platform.”