US cyber-security marketplace launches pre-IPO
Published 06-OCT-2017 13:12 P.M.
2 minute read
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
With the growing security needs coinciding with the Internet of Things (IoT) and Bring Your Own Device (BYOD) trends, as well as increased deployment of web and cloud-based business applications, cyber-security is one of the largest and fastest growing markets in the tech space.
The global cyber-security market is currently worth US$147 billion. The US portion of that market alone is US$75 billion, and is expected to grow to US$220 billion by 2020.
According to Cybersecurity Ventures, global cyber-security spending is predicted to exceed US$1 trillion cumulatively over the next five years – and US$6 trillion worth of cyber-crime damages is predicted to occur annually by the year 2021.
Given that in Australia, the number of detected security incidents rose by over 100 per cent in the past year, none of this comes as a huge surprise.
These kinds of statistics make the mission of US-based tech company, WhiteHawk, crystal clear.
WhiteHawk is a cyber security disruptor co-founded by the former deputy head of US naval intelligence, Terry Roberts. Its goal: to “empower a fearless internet”.
WhiteHawk is scheduled to IPO in early December 2017 at 20 cents. The company is currently doing a very small pre-IPO round of $320,000 at 16 cents before listing. Open to sophisticated investors, this offer is currently live on Raisebook.com. (Raisebook is a related entity of Finfeed.com’s parent company S3 Consortium Pty Ltd as defined in Section 9 of the Corporations Act 2001).
It’s important to bear in mind that investing in an IPO is highly speculative, so those considering an investment should seek independent professional financial advice.
WhiteHawk has created an online marketplace of cyber-security service providers and a patented algorithm that matches companies to their most suited providers.
WhiteHawk’s B2B digital cyber-security exchange is the first of its kind, with strong potential for market domination.
And with 82 percent of Australian corporate CEOs rating cyber-security as one of their top three risks, there’s a clearly receptive market for this kind of risk-identifying, transparent marketplace.
Here’s CEO, Terry Roberts, talking about cyber-security fundamentals:
Alongside Roberts, management also includes Barack Obama’s former chief of cyber and national security unit for the White House, Trevor Rudolph as WhiteHawk head of business operations.
WhiteHawk has extensive expertise and partnerships in machine learning and data analytics, cyber market management, strategy and brand awareness. Its partners include the US Department of Energy (DoE), FireEye, IBM Watson, Salesforce, Palo Alto Networks and Accenture.
The company currently earns revenue from lead generation agreements with cyber-security vendors in the US market.
Funds raised from pre-IPO will be will be used to launch the online marketplace, following recent beta testing and a private launch.
Those interested in learning more about the pre-IPO can visit Raisebook.com.
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.