Trend Mi­cro launches new $100 mil­lion ven­ture fund

Kuwait Times - - TECHNOLOGY -

Trend Mi­cro In­cor­po­rated, a global leader in cy­ber­se­cu­rity so­lu­tions, yes­ter­day an­nounced the launch of a cor­po­rate ven­ture fund to ex­plore emerg­ing tech­nol­ogy markets. With an ini­tial in­vest­ment of $100 mil­lion, this ven­ture fund will al­low Trend Mi­cro to nur­ture a port­fo­lio of star­tups that are in­cu­bat­ing ideas and liv­ing at the epi­cen­ter of hy­per growth markets, such as the In­ter­net of Things (IoT). Ac­cord­ing to Gart­ner es­ti­mates, 26 bil­lion de­vices will be con­nected to the In­ter­net by 2020.

Eva Chen, founder and chief ex­ec­u­tive of­fi­cer for Trend Mi­cro noted, “Trend Mi­cro’s vi­sion has al­ways been to make the world safe for ex­chang­ing dig­i­tal in­for­ma­tion. The ex­plo­sion of de­vices is trans­form­ing how the world works, thinks and acts. It is clear that the ecosys­tem is still evolv­ing and there is work to do to en­sure or­ga­ni­za­tions and in­di­vid­u­als can op­er­ate and live safely in this new re­al­ity.” Trend Mi­cro’s ven­ture will of­fer com­pa­nies fi­nan­cial back­ing, ac­cess to its world-class global threat in­tel­li­gence, strate­gic al­liances, as well as its chan­nel of more than 28,000 part­ners.

In re­turn, work­ing with these in­vest­ments will uncover in­sights into emerg­ing ecosys­tem op­por­tu­ni­ties, dis­rup­tive busi­ness mod­els, mar­ket gaps and skillset short­ages. These learn­ings will in­flu­ence Trend Mi­cro’s cy­ber­se­cu­rity solution plan­ning across the com­pany. “We have a 29year his­tory of suc­cess­fully an­tic­i­pat­ing tech­nol­ogy trends to se­cure all types of en­vi­ron­ments,” said Chen. “The first mega wave we caught was the growth of the PC mar­ket­place; we com­mit­ted early on to end­point pro­tec­tion and re­main a Leader in Gart­ner’s Magic Quad­rant for End­point Pro­tec­tion Plat­forms to­day.”

“The se­cond mega wave was all about the cloud; we made a bet early on to se­cur­ing the cloud and so far we have se­cured over two bil­lion work­load hours on Ama­zon Web Ser­vices (AWS) alone. Now, we be­lieve the next wave has ar­rived with IoT; our fund will help us har­ness this op­por­tu­nity.” With a strong fi­nan­cial po­si­tion and 72 quar­ters of con­sec­u­tive prof­itabil­ity, Trend Mi­cro is well po­si­tioned to in­vest funds to do re­search and make ad­vance­ments con­sis­tent with its cor­po­rate strat­egy. The for­ma­tion of this ven­ture arm al­lows ad­di­tional free­dom to dive into new ar­eas with­out dis­rupt­ing core busi­ness re­sources.

Eva Chen

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