Singapore’s muru-D introduced its first day of high-growth startups that have raised a combined $1 million in seed funding. Apvera was among the top 9 startups introduced on the first day as they took the stage to present their products.
As a matter of fact, Apvera and its products were the only company quoted in muru-D’s press release. Apvera’s insider threat security monitoring system was among just one of the industries presented to a group of investors in the audience. Healthcare, security, legal services, financial services, and mobile advertising were other industries represented. The presentations resulted in each startup earning an extra $40,000 in startup capital.
Another advantage of attending muru-D is the collaboration of leaders in each industry. Apvera and Telstra have come together to discuss implementing Apvera’s security products within Telstra internal procedures and customer offerings. Telstra is one of the leaders in home broadband and Internet. They offer customers a variety of packages, and provide in-house software for their internal staff. Apvera provides security monitoring and support for corporations that require staff monitoring and traffic analysis to avoid the risk of insider threats. Together, we can help reduce the risk of insider threats and provide companies with the resources needed to catch these threats before they become a high-priced, damaging oversight.
The muru-D conference brought together some of the leaders in the Singapore startup business. These businesses have been bringing thousands of jobs and opportunities to Singapore’s local market. What’s even more exciting is that many of the startups are focused on security and technology for other industries, bringing Singapore into a competitive market where it can provide global services in high-tech fields. Apvera continues to attend these conferences to bring the best of insider threat security to a global audience.
Insider threats have continued to be a major concern for organizations as millions are lost in data theft and leakage. These threats are some of the hardest to identify, which make them the most damaging. Insider threats can last for months as the corporation’s data is leaked to the public, hackers, or even competitors. It can damage the corporation’s brand and image and cost millions to recover from this damage.
Apvera’s technology helps identify these threats and reduce risks associated with inside data leaks. We will continue to work with other innovative startups to provide the best experience for our customers and protect them from insider threat damages.