10 Enterprise Software & Cybersecurity Companies Worth Watching in 2025
Data source: ForgeGlobal Enterprise Software & Cybersecurity List (Page 3)
The enterprise software and cybersecurity landscape remains one of the fastest‑growing corners of the private‑market universe. Below are ten companies from ForgeGlobal’s database that stand out for their technology, market traction, and potential investor upside.
1. Versa Networks
- Leader in Secure Access Service Edge (SASE) and SD‑WAN—two segments projected to exceed $60B in combined TAM by 2030.
- Blue‑chip customer base (including Verizon & Comcast) validates technology and drives sticky, recurring revenue.
- Potential exit pathways via IPO or acquisition by a networking giant seeking SASE capabilities.
2. Cyber Resilience
- Provides end‑to‑end cyber‑resilience platforms that combine threat prevention, incident response, and business continuity.
- Regulatory tailwinds (NIS2, DORA) require enterprises to prove resilience—creating a multi‑billion‑dollar compliance market.
- High‑margin software subscriptions with expansion potential into managed security services.
3. Automox
- Cloud‑native endpoint management automates patching across Windows, macOS, Linux, and third‑party apps—reducing breach risk by up to 80%.
- Growing ARR base with strong net retention (>120%) as customers add more endpoints and modules.
- Platform approach positions Automox as an attractive tuck‑in for larger security vendors consolidating endpoint offerings.
4. DataVisor
- Uses AI/ML to detect fraud and account takeovers across fintech, e‑commerce, and Web3 platforms.
- Proprietary unsupervised learning engine processes 4+ trillion events annually—a key competitive moat.
- Fraud prevention remains a mission‑critical spend category even in downturns, supporting resilient growth.
5. Anvilogic
- Security operations platform that unifies SIEM, SOAR, and detection engineering—reducing alert fatigue by 70%.
- Backed by top‑tier investors (Foundation Capital, Cervin) and ex‑Palo Alto Networks executives.
- Growing demand for SOC efficiency tools positions Anvilogic for rapid ARR expansion or strategic acquisition.
6. CHEQ
- Pioneer in Go‑to‑Market (GTM) Security—protecting marketing funnels from bots, fake users, and click fraud.
- Integrates with Google, Meta, LinkedIn, and major ad platforms, unlocking a $100B digital‑ad spend market.
- Strong unit economics (gross margins >80%) and land‑and‑expand motion support a credible IPO narrative.
7. Nord Security
- Parent company behind NordVPN, NordPass, and NordLayer—serving 15M+ users worldwide.
- Consumer + SMB freemium model drives viral growth and upsells to enterprise network‑security bundles.
- Cyber‑insurance carriers increasingly recommend VPN usage, expanding Nord’s total addressable market.
8. Island
- Creator of the Enterprise Browser—a secure, Chromium‑based browser that embeds DLP, MFA, and zero‑trust controls.
- Solves SaaS data‑leakage challenges as workforces remain hybrid; Gartner calls the category a “game changer.”
- Backed by Insight Partners, Sequoia, and Cyberstarts, giving Island deep pockets for global expansion.
9. Cadre
- Zero‑trust network access (ZTNA) platform built for high‑performance, low‑latency environments.
- Differentiates with hardware‑accelerated packet processing—ideal for financial services and defense.
- Potential synergy with SD‑WAN vendors seeking to add ZTNA capabilities.
10. Kiteworks
- Provides a unified platform for secure file sharing, email encryption, and content governance.
- Trusted by 35% of the Fortune 500 and multiple government agencies—strong proof of product quality.
- Recurring subscription model with 95% customer retention underpins predictable cash flows.
Key Takeaways for Investors
- Cybersecurity remains non‑discretionary; budgets continue to rise despite macro headwinds.
- Several of these companies (Versa, Island) have multi‑billion valuations yet still operate in nascent markets, leaving room for upside.
- Exit optionality is high: strategic acquirers (Cisco, Palo Alto Networks, CrowdStrike) and public markets remain active.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence before investing.