How to create a security startup and bag VC millions – step one: Containers, AI, cloud …

Step two: Keep doing that While venture capitalists have been tightening their belts over the past year, there’s still a lot of love and funding for security startups – especially if you’re working in the right areas. During a panel discussion at the Structure Security conference in San Francisco today, a trio of top VCs identified three key areas where security startups would have no problems getting initial funding: cloud security, containerized protection, and machine learning – although that last area comes with caveats. Asheem Chandna, a partner at venerable VC firm Greylock Partners, and Theresia Gouw, managing partner at Aspect Ventures, both said they were investing heavily in cloud security outfits, since they matched the tech industry’s ongoing movement to the cloud and the need for increased security budgets.…


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