Acreto
Founded: 2017
Founder: Babak Pasdar
Headquarters: 36 Graham St, Jersey City, New Jersey, 07307, USA
Phone: 646-647-3470
Number of employees: 11-50
Website: www.acreto.io
Overview
Acreto, is a cybersecurity company that was founded in 2017 by Babak Pasdar, an accomplished technologist and thought leader in the cybersecurity industry. Pasdar has a proven track record in the field, having previously founded and led successful cybersecurity startups, including Bat Blue Networks and DivyaNet. With its headquarters located in New Jersey, United States, Acreto focuses on providing cutting-edge security solutions to a wide range of industries, including Internet of Things (IoT) devices, cloud services, and mobile applications.
The core offering of Acreto is its Secure Application and Crypto Ecosystem (SASE+), a unique security platform designed to address the challenges faced by the rapidly expanding IoT market. The SASE+ platform offers robust security features that protect both IoT devices and their supporting infrastructure. This comprehensive security solution employs an innovative approach by treating every connected device, application, and user as potential threats, thus implementing robust authentication and encryption processes. As a result, Acreto’s platform ensures the highest level of security for IoT ecosystems.
In 2018, Acreto announced the successful completion of a $5 million seed funding round led by notable venture capital firm TechOperators. This funding allowed the company to accelerate the development and marketing of its SASE+ platform. As the demand for IoT and cloud security solutions continued to grow, so did Acreto’s need for additional funding. In 2020, the company raised a $10 million Series A funding round led by renowned venture capital firm ForgePoint Capital. This investment provided Acreto with the necessary resources to expand its product offerings, sales force, and global market presence.
Acreto’s growth strategy includes forming strategic partnerships with key players in the IoT and cybersecurity industries. In 2019, the company announced a partnership with IoTecha, a leading provider of electric vehicle (EV) charging infrastructure. This collaboration aimed at delivering a secure and reliable EV charging experience for consumers while protecting against potential cyber threats. Another milestone partnership was formed in 2020 with global technology company Telco Systems. This alliance sought to deliver advanced security solutions for 5G and edge computing environments, further expanding Acreto’s reach in the IoT market.
In terms of acquisitions, Acreto has been focused on enhancing its cybersecurity capabilities by acquiring other companies with complementary technologies. In 2021, the company acquired ThreatModeler, a leading provider of automated threat modeling solutions. This acquisition allowed Acreto to integrate ThreatModeler’s technology into its SASE+ platform, thereby providing its customers with even more advanced security features. By consolidating its security offerings, Acreto has been able to maintain its competitive edge in the dynamic cybersecurity landscape.
Acreto has received numerous accolades and industry recognition for its innovative security solutions. In 2019, the company was selected as a Cool Vendor in IoT Security by Gartner, a leading research and advisory firm. This recognition highlights Acreto’s unique approach to securing IoT ecosystems and underscores its position as a key player in the cybersecurity market. Additionally, Acreto has been featured in various media outlets, including Forbes, TechCrunch, and VentureBeat, further solidifying its reputation as a leading cybersecurity company.
Despite its success, Acreto has faced challenges in the form of competition from other cybersecurity providers. To stay ahead of the curve, the company has continuously invested in research and development, resulting in the release of new products and features that cater to the ever-evolving security needs of IoT and cloud ecosystems. This commitment to innovation has allowed Acreto to maintain its status as a leader in the cybersecurity industry.
To further bolster its position in the industry, Acreto has been actively participating in conferences and industry events to share its expertise and vision for the future of IoT security. The company’s thought leaders, including its founder and CEO Babak Pasdar, have been featured as speakers at events such as the IoT World Conference and RSA Conference. By engaging with the cybersecurity community and showcasing its groundbreaking technologies, Acreto has been able to foster relationships with potential customers, partners, and investors.
Acreto’s commitment to securing the IoT ecosystem extends beyond its product offerings. The company is dedicated to promoting cybersecurity best practices and educating organizations on the importance of implementing robust security measures to protect their connected devices and infrastructure. Acreto has published numerous articles, whitepapers, and blog posts on various topics related to IoT security, providing valuable insights to organizations looking to enhance their security posture.
Looking forward, Acreto is poised to capitalize on the growing demand for IoT and cloud security solutions. The company’s innovative SASE+ platform, strategic acquisitions, and partnerships put it in a strong position to become a dominant player in the cybersecurity market. As IoT ecosystems continue to expand and become more complex, the need for comprehensive security solutions like those provided by Acreto will only increase. This presents a significant opportunity for the company to grow its market share and solidify its status as a leader in the cybersecurity industry.
In conclusion, Acreto.io is a leading cybersecurity company with a focus on providing advanced security solutions for IoT devices, cloud services, and mobile applications. Since its founding in 2017, the company has achieved significant milestones, including successful funding rounds, strategic acquisitions, and partnerships with key players in the IoT and cybersecurity industries. Acreto’s unique SASE+ platform offers robust security features that address the growing challenges faced by the IoT market, making it a valuable asset in the rapidly evolving cybersecurity landscape.
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