Phantom
Security orchestration, automation, and response (SOAR) platform.
Outcome
Acquired by Splunk in 2018 for $350M; Splunk later acquired by Cisco for $28B
Also appeared as 2016 winner.
Lesson Learned
SOAR pioneer. Lesson: automation in security ops was the right bet; getting acquired by Splunk (then Cisco) validated the approach.
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