Trend Micro Launches New $100 Million
Venture Fund
Venture Fund
Will accelerate growth in emerging technology ecosystems, like IoT, to
inform and ignite corporate growth
inform and ignite corporate growth
SINGAPORE, JUNE 27, 2017 – Trend
Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today 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).
Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today 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 2020.1 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.”
devices will be connected to the Internet by 2020.1 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.
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.
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 29-year
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 today2.
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.”
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 today2.
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.
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.
About Trend Micro
Trend Micro Incorporated, a global leader
in cybersecurity solutions, helps to make the world safe for exchanging digital
information. Our innovative solutions for consumers, businesses, and
governments provide layered security for data centers, cloud environments,
networks, and endpoints. All our products work together to seamlessly share
threat intelligence and provide a connected threat defense with centralized
visibility and control, enabling better, faster protection. With over 5,000
employees in over 50 countries and the world’s most advanced global threat
intelligence, Trend Micro enables organizations to secure their journey to the
cloud. For more information, visitwww.trendmicro.com.
in cybersecurity solutions, helps to make the world safe for exchanging digital
information. Our innovative solutions for consumers, businesses, and
governments provide layered security for data centers, cloud environments,
networks, and endpoints. All our products work together to seamlessly share
threat intelligence and provide a connected threat defense with centralized
visibility and control, enabling better, faster protection. With over 5,000
employees in over 50 countries and the world’s most advanced global threat
intelligence, Trend Micro enables organizations to secure their journey to the
cloud. For more information, visitwww.trendmicro.com.
1 Gartner, the Six Forces That Will Shape Business and
Technology in 2030, Stephen Prentice, 01 February 2016
Technology in 2030, Stephen Prentice, 01 February 2016
2 Gartner, Magic Quadrant for Endpoint Protection Platforms, Eric Ouellet,
Ian McShane, Avivah Litan, 30 January 2017
Ian McShane, Avivah Litan, 30 January 2017
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with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
any vendor, product or service depicted in its research publications, and does
not advise technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist of the
opinions of Gartner’s research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.
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