U.S. Division of Protection Awards $37M Contract To Silicon Valley-based Cybersecurity Startup Qadium

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qadium-dodCybersecurity startup Qadium, an organization offering real-time monitoring of your complete world Web for purchasers’ property, has been awarded a $37.6 million contract by the U.S. Division of Protection. This may make it the most recent venture-backed startup from Silicon Valley to win a serious federal contract over conventional Beltway protection contractors.

The contract was awarded by the U.S. Navy’s House and Warfare Command after the Division of Protection validated Qadium’s industrial software program. Qadium is now acknowledged amongst a small handful of cybersecurity suppliers, with DoD making its software program accessible department-wide.

“The Protection Division used to like to construct its personal IT, usually poorly and at excessive value to taxpayers,” stated Tim Junio, CEO of Qadium CEO and a CIA veteran. “The instances are lastly altering. Within the face of the best cybersecurity challenges in our nation’s historical past, we’re seeing the federal government and personal tech firms coming collectively, making either side higher off.”

PayPal, U.S. Cyber Command

The brand new authorities contract builds on Qadium’s prior work for Protection Division entities together with U.S. Cyber Command, the Protection Data Methods Company, Fleet Cyber Command, Military Cyber Command and the DoD CIO workplace.

Qadium additionally works with “elite” enterprise clients together with Allergan, CVS, Fluor and PayPal, amongst others.

As a Silicon Valley-based startup, Qadium launched its first product in 2016. Its buyers embody New Enterprise Associates, TPG, Institutional Enterprise Companions and Founders Fund. Qadium’s platform indexes your complete world Web in actual time, giving company and authorities clients a complete view of their prolonged, constantly-changing community edge and the power to dam “machine-speed” threats. This may embody so-called “Shadow IT” in cloud providers, regional workplaces violating coverage, workers taking privileged tools off-premise, and extra.

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