Cyber-Security ETFs and Individual Stocks

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In a previous article the impact of cyber-breach on stock prices and the value of cyber-insurance to corporations was reviewed. Ransomware and IT breaches are increasing, and the expectation is that more companies will turn to cyber-insurance, and also increase their IT security controls.

Here is a list of cyber-security listed ETFs and a list of all the companies included in those ETFs with duplicates removed, along with a company description.

CIBR – First Trust Nasdaq Cybersecurity ETF

  • Includes 40 individual stocks comprising $3.58 billion in assets
  • Includes other industries, such as aerospace and defense (FactSet)
  • Concentrated with 10 largest making up 47% of market cap
  • Two stars rating by Morningstar

HACK – ETFMG Prime Cyber Security ETF

  • Includes 59 individual stocks comprising $2.04 billion in assets
  • Modified equal-weight scheme (not concentrated) with 10 largest making up 28.5% of the market cap
  • HACK has “a unique, cybersecurity-focused take on the technology sector that gives it a small-cap tilt.” (FactSet)
  • One-star rating from Morningstar

BUG – Global X Cybersecurity ETF

  • Includes 40 stocks globally comprising $639 million in assets
  • Concentrated with 10 largest holdings making up 61% of market cap
  • No Morningstar rating

IHAK iShares Cybersecurity & Tech ETF

  • Includes 42 stocks globally comprising $458 million in assets
  • Concentrated with 10 largest holdings making up 44% of market cap
  • Companies selected for having at least 50% of revenue derived from security-related hardware or services
  • No Morningstar rating

A Look at the Individual Companies in Cyber-Security ETFs

NASDAQ:CSCO – Cisco Systems Inc.

Technology – Communication Equipment

Market Cap. $228.73B

Cisco Systems Inc. designs manufactures and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas Europe the Middle East Africa the Asia Pacific Japan and China. It provides infrastructure platforms including networking technologies of switching routing wireless and data center products that are designed to work together to deliver networking capabilities and transport and/or store data. The company also offers collaboration products comprising unified communications Cisco TelePresence and conferencing as well as the Internet of Things and analytics software. In addition it provides security products such as network security cloud and email security identity and access management advanced threat protection and unified threat management products; and cloud and system management products. Further the company offers a range of service and support options for its customers including technical support and advanced services. It serves businesses of various sizes public institutions governments and service providers. The company sells its products and services directly as well as through systems integrators service providers other resellers and distributors. Cisco Systems Inc. has strategic alliances with Internet2 to deliver next-generation capabilities and software solutions; and Tele2 Iot on connectivity management platform 2CONTROL. Cisco Systems Inc. was founded in 1984 and is headquartered in San Jose California.

NYSE:ACN – Accenture plc

Technology – Information Technology Services

Market Cap. $186.68B

Accenture plc a professional services company provides strategy and consulting interactive and technology and operations services worldwide. The company also provides outsourcing services. It serves communications media high tech software and platform companies; banking capital market and insurance industries; and consumer goods retail travel services industrial and life science industries as well as clients in health public service chemicals and natural resources energy and utilities sectors. Accenture plc has alliance relationships with Adobe Alibaba Amazon Web Services Blue Yonder Cisco Dell Google HPE IBM RedHat Microsoft Oracle Pegasystems Salesforce SAP ServiceNow VMWare Workday Massachusetts Institute of Technology Institut Polytechnique de Paris CNH Industrial and Reactive Technologies. The company was incorporated in 2009 and is based in Dublin Ireland.

NASDAQ:CRWD – CrowdStrike Holdings Inc.

Technology – Software – Infrastructure

Market Cap. $53.87B

CrowdStrike Holdings Inc. provides cloud-delivered solutions for endpoint and cloud workload protection in the United States Australia Germany India Israel Romania and the United Kingdom. It offers 19 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets such as corporate workload security security and vulnerability management managed security services IT operations management threat intelligence services identity protection and log management. The company primarily sells its platform and cloud modules through its direct sales team. CrowdStrike Holdings Inc. was incorporated in 2011 and is headquartered in Sunnyvale California.

NASDAQ:ZS – Zscaler Inc.

Technology – Software – Infrastructure

Market Cap. $27.62B

Zscaler Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users servers operational technology internet of things and device secure access to externally managed applications including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution which is designed to provide access to internally managed applications either hosted internally in data centers and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across key business applications providing an easy to understand digital experience score for each user application and location within an enterprise. In addition the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS infrastructure as a service and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement as well as to prevent application compromise and reduce the risk of data breaches. Its platform includes Zscaler Central Authority Zscaler Enforcement Node and Zscaler Nanolog Server modules. Zscaler Inc. serves customers in various industries such as airlines and transportation conglomerates consumer goods and retail financial services healthcare manufacturing media and communications public sector and education technology and telecommunications services. The company was formerly known as SafeChannel Inc. and changed its name to Zscaler Inc. in August 2008. Zscaler Inc. was founded in 2007 and is headquartered in San Jose California.

NASDAQ:SPLK – Splunk Inc.

Technology – Software – Infrastructure

Market Cap. $19.68B

Splunk Inc. provides software and cloud solutions that deliver and operationalize insights from the data generated by digital systems in the United States and internationally. The company offers Splunk Platform a real-time data platform comprising collection streaming indexing search reporting analysis machine learning alerting monitoring and data management capabilities. It also provides Splunk Solutions such as Splunk Security solutions that enable cybersecurity teams streamline the security operations workflow accelerate threat detection and response enhance threat visibility and scale resources to increase analyst productivity through machine learning and runbook-driven automation; Splunk IT Solutions that provide IT Operations teams visibility and control across cloud and on-premises environments; and Splunk Observability Solutions for building and maintaining infrastructure and applications. In addition the company offers Ecosystem Solutions which includes pre-built data inputs workflows searches reports alerts custom dashboards flexible UI components custom data visualizations and integration actions and methods as well as Splunk On-Call Splunk Infrastructure Monitoring and Splunk Phantom solutions which provides APIs SDKs and other interfaces that enable its ecosystem including third-party developers partners and customers to build content that configures and extends Splunk solutions to accommodate specific use cases. Further the company provides adoption and implementation services education services and maintenance and customer support services. It sells its offerings directly through field and inside sales and indirectly through various routes to market with various partners. Splunk Inc. was incorporated in 2003 and is headquartered in San Francisco California.

NASDAQ:PFPT – Proofpoint Inc.

Technology – Software – Infrastructure

Market Cap. $9.9B

Proofpoint Inc. operates as a security-as-a-service provider that enables large and mid-sized organizations to defend protect archive and govern their sensitive data worldwide. It offers protection against advanced and targeted threats including malicious attachments polymorphic threats zero-day exploits user-transparent drive-by downloads malicious web links hybrid threats malware free attacks and other penetration tactics. The company also provides integrated email security cloud security threat protection products information protection and archiving and digital risk protection product services. In addition it offers solutions that enable secure business-to-business and business-to-consumer communications; email encryption services that encrypt sensitive emails and deliver them to PC or mobile device; file-transfer solutions for end-users to share various forms of documents and other content; security optimized cloud architecture solutions; and security-as-a-service platform consisting of solutions platform technologies and infrastructures. The company serves governments education financial services and healthcare sectors; small and medium businesses; and mobile operators and Internet service providers. Proofpoint Inc. was incorporated in 2002 and is headquartered in Sunnyvale California.

NASDAQ:FTNT – Fortinet Inc.

Technology – Software – Infrastructure

Market Cap. $36.32B

Fortinet Inc. provides broad integrated and automated cybersecurity solutions in the Americas Europe the Middle East Africa and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions including firewall intrusion prevention anti-malware virtual private network application control web filtering anti-spam and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family which provides secure wireless networking solutions; FortiExtender a hardware appliance; FortiAnalyzer product family which offers centralized network logging analyzing and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware behavior-based exploit protection web-filtering and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems assets and data; and FortiEDR/XDR an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. The company provides security subscription technical support professional and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications technology government financial services education retail manufacturing and healthcare industries. It has strategic alliance with Linksys. The company was founded in 2000 and is headquartered in Sunnyvale California.

NASDAQ:AKAM – Akamai Technologies Inc.

Technology – Software – Infrastructure

Market Cap. $19.15B

Akamai Technologies Inc. provides cloud services for securing delivering and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud and enterprise security solutions to keep infrastructure websites applications application programming interfaces and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions including video streaming and video player services game and software delivery broadcast operations authoritative domain name system resolution and data and analytics; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition the company offers carrier offerings including cyberthreat protection parental controls DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating configuring optimizing and managing its offerings. It sells its solutions through direct sales and service organizations as well as through various channel partners. Akamai Technologies Inc. has a strategic partnership with Queue-It to deliver a cure for Covid vaccine registration. The company was founded in 1998 and is headquartered in Cambridge Massachusetts.

NYSE:JNPR – Juniper Networks Inc.

Technology – Communication Equipment

Market Cap. $9.18B

Juniper Networks Inc. designs develops and sells network products and services worldwide. The company offers routing products such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; and NorthStar controllers. It also provides switching products including EX series Ethernet switches to address the access aggregation and core layer switching requirements of micro branch branch office and campus environments; QFX series of core spine and top-of-rack data center switches; and juniper access points which provide wireless access and performance. In addition the company offers security products comprising SRX series services gateways for the data center; Branch SRX family provides an integrated firewall and next-generation firewall; virtual firewall that delivers various features of physical firewalls; and advanced malware protection a cloud-based service and Juniper ATP. Further it offers Junos OS a network operating system; Contrail networking and cloud platform which provides an open-source and standards-based platform for SDN and NFV; Contrail Insights an optimization and management software platform for public private and hybrid clouds; Mist AI-driven Wired Wireless and WAN assurance solutions to set and measure key metrics; Mist AI-driven Marvis Virtual Network Assistant which identifies the root cause of issues; and Netrounds a software-based active test and service assurance platform. Additionally the company provides software-as-a-service technical support maintenance and professional services as well as education and training programs. It sells its products through direct sales distributors value-added resellers and original equipment manufacturers to end-users in the cloud service provider and enterprise markets. The company was incorporated in 1996 and is headquartered in Sunnyvale California.

NYSE:NET – Cloudflare Inc.

Technology – Software – Infrastructure

Market Cap. $28.63B

CloudFlare Inc. operates a cloud platform that delivers a range of network services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms including public cloud private cloud on-premise software-as-a-service applications and Internet of Things (IoT) devices. Its security products comprise cloud firewall bot management distributed denial of service IoT SSL/TLS secure origin connection and rate limiting products. The company also offers performance solutions which include content delivery intelligent routing and mobile software development kit as well as content mobile and image optimization solutions. In addition it provides reliability solutions comprising load balancing anycast network virtual backbone DNS DNS resolver and always online solutions that enhances Internet experience and allows customers to run their digital operations efficiently. Further the company provides Cloudflare internal infrastructure solutions including on-ramps which connect users devices or locations to Cloudflare’s network; and filters which are the products that protect inspect and privilege data. Additionally it offers developer-based solutions such as serverless computing/programmable network website development domain registration Cloudflare apps and analytics; Consumer DNS Resolver a consumer application to browse the Internet; and Consumer VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology healthcare financial services consumer and retail and non-profit industries as well as government. It has a strategic agreement with Baidu Inc. and JD Cloud & AI. CloudFlare Inc. was incorporated in 2009 and is headquartered in San Francisco California.

NYSE:LDOS – Leidos Holdings Inc.

Technology – Information Technology Services

Market Cap. $14.98B

Leidos Holdings Inc. provides services and solutions in the defense intelligence civil and health markets in the United States and internationally. It operates through three segments: Defense Solutions Civil and Health. The Defense Solutions segment offers national security solutions and systems for air land sea space and cyberspace for the U.S. Intelligence Community the Department of Defense the National Aeronautics and Space Administration military services and government agencies of U.S. allies abroad as well as other federal and commercial customers in the national security industry. Its solutions include technology large-scale systems command and control platforms data analytics logistics and cybersecurity solutions as well as intelligence analysis and operations support services to critical missions. The Civil segment provides systems integration services to air navigation service providers including the federal aviation administration the En route automation modernization advanced technology oceanic procedure time based flow management terminal flight data management geo-7 and future flight services as well as enterprise-information display systems; and security detection and automation services. It also offers information technology (IT) solutions in cloud computing mobility application modernization DevOps data center network modernization asset management help desk operations and digital workplace enablement; and environment energy and infrastructure services. The Health segment offers solutions to federal and commercial customers responsible for health and well-being of people worldwide including health information management managed health digital transformation and life sciences research and development services. The company was founded in 1969 and is headquartered in Reston Virginia.

NYSE:VMW – VMware Inc.

Technology – Software – Infrastructure

Market Cap. $18.13B

VMware Inc. provides software in the areas of hybrid and multi-cloud modern applications networking security and digital workspaces in the United States and internationally. It offers VMware multi-cloud solutions including VMware vSphere a data center infrastructure that provides the fundamental compute layer and utilizes its hypervisor software a layer of software that resides between the operating system and system hardware to enable compute virtualization; vSAN and VxRail which offers holistic data storage and protection options to all applications running on vSphere; and vRealize Cloud Management solutions that manages hybrid and multi-cloud environments running in virtual machines and containers as well as VMware Cloud Foundation a hybrid cloud platform that combines its vSphere vSAN and NSX with vRealize Cloud Management into an integrated stack and delivers enterprise-ready cloud infrastructure for private and public clouds. The company also provides networking solutions such as VMware NSX VMware Service-defined Firewall VMware SD-WAN VMware SASE VMware vRealize Network Insight and VMware NSX Advanced Load Balancer; digital workspace solutions that comprise Workspace ONE Unified Endpoint Management Access and Horizon; and application modernization solutions such as Tanzu Basic standard and advanced edition Tanzu Application Service and Tanzu Labs. In addition it offers intrinsic security solutions consisting of VMware Carbon Black Cloud Endpoint and Workload. The company sells its products through distributors resellers system vendors and systems integrators. VMware Inc. has strategic alliances with Amazon Web Services to build and deliver an integrated hybrid solution. The company was incorporated in 1998 and is headquartered in Palo Alto California. VMware Inc. is a subsidiary of Dell Technologies Inc.

NYSE:BAH – Booz Allen Hamilton Holding Corporation

Industrials – Consulting Services

Market Cap. $11.89B

Booz Allen Hamilton Holding Corporation provides management and technology consulting analytics engineering digital mission operations and cyber solutions to governments corporations and not-for-profit organizations in the United States and internationally. The company offers consulting solutions for various domains business strategies human capital and operations. It also provides analytics services which focuses on delivering transformational solutions in the areas of decision analytics including operations research and cost estimation; automation; and data science that include predictive modeling and machine learning as well as new or emerging areas such as deep learning and artificial intelligence. In addition the company designs develops and implements solutions built on contemporary methodologies and modern architectures; delivers engineering services and solutions to define develop implement sustain and modernize complex physical systems; and provides cyber risk management solutions such as prevention detection and cost effectiveness. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean Virginia.

NASDAQ:VRSN – VeriSign Inc.

Technology – Software – Infrastructure

Market Cap. $24.51B

VeriSign Inc. together with its subsidiaries provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. It enables the security stability and resiliency of internet infrastructure and services including providing root zone maintainer services operating two of the 13 internet root servers; and offering registration services and authoritative resolution for the .com and .net domains which support global e-commerce. VeriSign Inc. was incorporated in 1995 and is headquartered in Reston Virginia.

NASDAQ:CHKP – Check Point Software Technologies Ltd.

Technology – Software – Application

Market Cap. $15.97B

Check Point Software Technologies Ltd. develops markets and supports a range of products and services for IT security worldwide. The company offers a portfolio of network security endpoint security data security and management solutions. It provides Check Point Infinity Architecture a cyber security architecture that protects against 5th and 6th generation cyber-attacks across various networks endpoint cloud workloads Internet of Things and mobile; Check Point Network Security security gateways and software platforms that support small business and large enterprise data center and telco-grade environment; and Check Point SandBlast family for threat prevention and zero-day protections. The company also offers Check Point CloudGuard cloud security product that delivers threat prevention security cloud visibility cloud security posture management and workload protection solutions for enterprise cloud networks data and applications; and Check Point Harmony that delivers the security for remote users and access; and Check Point Security Management which enables customers from single offices to hundreds and thousands of offices to manage and tailor their security policy to express their business needs from a single pane of glass. In addition the company provides technical customer support programs and plans; professional services in implementing upgrading and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products and services to enterprises service providers small and medium sized businesses and consumers through a network of channel partners such as distributors resellers system integrators original equipment manufacturers and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv Israel.

NASDAQ:FEYE – FireEye Inc.

Technology – Software – Infrastructure

Market Cap. $4.95B

FireEye Inc. provides intelligence-based cybersecurity solutions to prepare for prevent investigate respond to and remediate cyber-attacks in organizations. Its FireEye products include network email endpoint and cloud security control products to detect and prevent threats; Dynamic Threat Intelligence Cloud a bi-directional cloud-based service; Helix Security Operations Platform a cloud-hosted security operations platform; Cloudvisory cloud security products; and customer support and maintenance services. The company also offers Mandiant Threat Intelligence that provides access to threat data and indicators; Mandiant Security Validation allows organizations to measure manage and communicate the efficiency of their security controls; Mandiant Defense a cloud-native extended detection and response solution; and managed detection and response and managed validation services. In addition it provides incident response security assessment security transformation cybersecurity training and expertise-on-demand services. The company serves telecommunications providers financial services entities software technology and Internet companies stock exchanges electrical grid operators networking vendors oil and gas companies healthcare and pharmaceutical companies and governmental agencies. It offers its products and services through distributors resellers and strategic partners in the United States Europe the Middle East Africa the Asia Pacific and Japan. The company was formerly known as NetForts Inc. and changed its name to FireEye Inc. in September 2005. FireEye Inc. was founded in 2004 and is headquartered in Milpitas California.

NASDAQ:FFIV – F5 Networks Inc.

Technology – Software – Infrastructure

Market Cap. $11.29B

F5 Networks Inc. provides multi-cloud application services for the security performance and availability of network applications servers and storage systems. The company’s multi-cloud application services enable its customers to develop deploy operate secure and govern applications in any architecture from on-premises to the public cloud. It offers application delivery controller (ADC) products including BIG-IP appliances and VIPRION chassis and related software modules and software-only Virtual Editions; Local Traffic Manager and DNS Services; Advanced Firewall Manager and Policy Enforcement Manager that leverage the unique performance characteristics of its hardware and software architecture; Application Security Manager and Access Policy Manager; NGINX Plus and NGINX Controller; Shape Defense and Enterprise Defense; Secure Web Gateway and Silverline DDoS and Application security offerings; and online fraud and abuse prevention solutions. The company also provides a range of professional services including consulting training installation maintenance and other technical support services. F5 Networks Inc. sells its products to large enterprise businesses public sector institutions governments and service providers through distributors value-added resellers managed service providers and systems integrators in the Americas Europe the Middle East Africa and the Asia Pacific region. F5 Networks Inc. has partnerships with public cloud providers such as Amazon Web Services Microsoft Azure and Google Cloud Platform. The company was founded in 1996 and is headquartered in Seattle Washington.

NYSE:PANW – Palo Alto Networks Inc.

Technology – Software – Infrastructure

Market Cap. $34.69B

Palo Alto Networks Inc. provides cybersecurity platform solutions worldwide. The company provides firewall appliances and software; Panorama a security management solution for the control of appliances and software deployed on an end-customer’s network as a virtual or a physical appliance; and virtual system upgrades which are available as extensions to the virtual system capacity that ships with physical appliances. It also offers subscription services covering the areas of threat prevention uniform resource locator filtering malware and persistent threat laptop and mobile device protection and firewall as well as cyberattacks threat intelligence and data loss prevention. In addition the company provides professional services including architecture design and planning configuration and firewall migration as well as online and in-classroom education training services as well as support services. Palo Alto Networks Inc. sells its products and services through its channel partners as well as directly to medium to large enterprises service providers and government entities operating in various industries including education energy financial services government entities healthcare Internet and media manufacturing public sector and telecommunications. The company was founded in 2005 and is headquartered in Santa Clara California.

NASDAQ:QLYS – Qualys Inc.

Technology – Software – Infrastructure

Market Cap. $3.98B

Qualys Inc. provides cloud-based information technology (IT) security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps which includes Vulnerability Management Vulnerability Management Detection and Response Threat Protection Continuous Monitoring Patch Management Multi-Vector Endpoint Detection and Response Indication of Compromise Certificate Assessment Policy Compliance Security Configuration Assessment PCI Compliance File Integrity Monitoring Security Assessment Questionnaire Out of-Band Configuration Assessment Web Application Scanning Web Application Firewall Global IT Asset Inventory CMDB Sync Certificate Inventory Cloud Inventory Cloud Security Assessment and Container Security. Its integrated suite of IT security and compliance solutions delivered on its Qualys Cloud Platform enables customers to identify and manage IT assets collect and analyze IT security data discover and prioritize vulnerabilities recommend and implement remediation actions and verify the implementation of such actions. The company also provides asset tagging and management reporting and dashboards questionnaires and collaboration remediation and workflow big data correlation and analytics engine and alerts and notifications which enable integrated workflows management and real-time analysis and reporting across IT security and compliance solutions. The company offers its solutions through its sales teams as well as through its network of channel partners such as security consulting organizations managed service providers and resellers and consulting firms. It serves enterprises government entities and small and medium-sized businesses in various industries including education financial services government healthcare insurance manufacturing media retail technology and utilities. The company was founded in 1999 and is headquartered in Foster City California.

NASDAQ:CYBR – CyberArk Software Ltd.

Technology – Software – Infrastructure

Market Cap. $5.31B

CyberArk Software Ltd. together with its subsidiaries develops markets and sales software-based security solutions and services in the United States Europe the Middle East Africa and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager which combines Privileged Access Manager and Remote Access to provide fast easy and secure privileged access to third-party vendors; Endpoint Privilege Manager a SaaS service that secures privileges on the endpoint; and Cloud Entitlements Manager a SaaS solution which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments. The company also offers robust Identity and Access Management as a Service that provides artificial intelligence based and security-first approach to manage identities such as workforce identity which offers adaptive multi-factor authentication (MFA) single sign-on application gateway identity lifecycle management and directory services; and customer identity services that provides authentication and authorization services MFA directory and user management to enable organizations to provide their customers with easy and secure access to websites and applications. In addition it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; and Secrets Manager Conjur for cloud-native applications. The company offers its products to financial services manufacturing insurance healthcare energy and utilities transportation retail technology and telecommunications industries; and government agencies through direct sales force as well as distributors systems integrators value-added resellers and managed security service providers. CyberArk Software Ltd. was founded in 1999 and is headquartered in Petah Tikva Israel.

NASDAQ:RPD – Rapid7 Inc.

Technology – Software – Application

Market Cap. $4.78B

Rapid7 Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightVM a vulnerability risk management solution that is designed to provide a way to collect vulnerability data prioritize risk and automate remediation; InsightIDR an incident detection and response solution; InsightAppSec which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect a security orchestration and automation response solution that is used by security professionals. The company’s other products include DivvyCloud a cloud security posture management solution; Nexpose an on-premise version of company’s vulnerability risk management solution; AppSpider an on-premise version of company’s application security testing solution; Metasploit a penetration testing software solution; and InsightOps that enables organizations to store and search data in real time as well as professional services. It offers its products through term or perpetual software licenses cloud-based subscriptions and managed services. The company serves customers in a range of industries including technology energy financial services healthcare and life sciences manufacturing media and entertainment retail education real estate transportation government and professional services industries through sales teams and indirect channel partner relationships as well as directly in the Americas Europe the Middle East Africa and the Asia Pacific. Rapid7 Inc. was incorporated in 2000 and is headquartered in Boston Massachusetts.


Description Not Available


Technology – Software – Infrastructure

Market Cap. $29.08B

Okta Inc. provides identity management platform for enterprises small and medium-sized businesses universities non-profits and government agencies in the United States and internationally. The company offers Okta Identity Cloud a platform that offers a suite of products to manage and secure identities such as Universal Directory a cloud-based system of record to store and secure user application and device profiles for an organization; and Single Sign-On that enables users to access their applications in the cloud or on-premise from various devices with a single entry of their user credentials. It also provides Adaptive Multi-Factor Authentication a product that provides an additional layer of security for cloud mobile and Web applications as well as for data; Lifecycle Management which enables IT organizations or developers to manage a user’s identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Advanced Server Access to secure cloud infrastructure; and Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications. In addition the company offers customer support and training and professional services. Okta Inc. sells its products directly to customers through sales force as well as through channel partners. The company was formerly known as Saasure Inc. Okta Inc. was incorporated in 2009 and is headquartered in San Francisco California.

NASDAQ:VRNS – Varonis Systems Inc.

Technology – Software – Infrastructure

Market Cap. $5.32B

Varonis Systems Inc. provides software products and services that allow enterprises to manage analyze and secure enterprise data in North America Europe the Middle East Africa and internationally. Its software enables enterprises to protect data stored on premises and in the cloud including sensitive files and emails; confidential personal data belonging to customers and patients and employees’ data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures aggregates normalizes and analyzes every data access event for users on Windows and UNIX/Linux servers storage devices email systems and Intranet servers; and DatAlert that profiles users and their behaviors related to systems and data detects and alerts on deviations that indicate compromise and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions and provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege which provides a self-service Web portal that allows users to request access to data necessary for their business functions and owners to grant access without IT intervention. In addition the company offers Data Transport Engine which provides an execution engine that unifies the manipulation of data and metadata translating business decisions and instructions into technical commands such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. It sells its products and services through a network of distributors and resellers. The company serves IT security and business personnel. Varonis Systems Inc. was incorporated in 2004 and is headquartered in New York New York.

NASDAQ:TENB – Tenable Holdings Inc.

Technology – Software – Infrastructure

Market Cap. $4.38B

Tenable Holdings Inc. provides cyber exposure solutions for in the Americas Europe the Middle East Africa the Asia Pacific and Japan. The company’s platforms include a cloud-delivered software as a service; and an on-premises solution. Its platforms provides organizations with a risk-based view of traditional and modern attack surfaces to deliver a complete and continuous view of assets associated vulnerabilities internal and regulatory compliance violations misconfigurations and other cybersecurity issues as well as prioritizes these issues for remediation based on risk assessment and predictive analytics and provides insightful remediation guidance. The company also offers Tenable.ot an on-premises solution that provides threat detection and mitigation asset tracking vulnerability management and configuration control capabilities to protect OT environments including industrial networks. In addition it provides Nessus Professional a vulnerability assessment solution for identifying security vulnerabilities configuration issues and malware; and Nessus Essentials which includes vulnerability and configuration assessment for a limited number of assets. Tenable Holdings Inc. was founded in 2002 and is headquartered in Columbia Maryland.

NYSE:SAIL – SailPoint Technologies Holdings Inc.

Technology – Software – Infrastructure

Market Cap. $4.32B

SailPoint Technologies Holdings Inc. provides enterprise identity security solutions in the United States Europe the Middle East Africa and internationally. The company offers software and software as a service (SaaS) solutions which help organizations to govern the digital identities of employees contractors business partners software bots and other human and non-human users as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments spanning on-premises cloud and mobile applications and file storage platforms. Its solutions include IdentityNow a cloud-based multi-tenant identity security platform; IdentityIQ an on-premises identity security solution; and SailPoint Identity Services a multi-tenant SaaS subscription service. The company sells its products and solutions to commercial enterprises financial institutions and governments directly as well as through system integrators technology partners and value-added resellers. SailPoint Technologies Holdings Inc. was founded in 2004 and is headquartered in Austin Texas.

NASDAQ:MIME – Mimecast Limited

Technology – Software – Infrastructure

Market Cap. $3.33B

Mimecast Limited provides cloud security and risk management services for corporate information and email. The company offers Mimecast Email Security solution which protects against the delivery of malware malicious URLs and attachments spam viruses impersonation attacks phishing and spear-phishing attacks including business email compromise identity theft extortion fraud and other attacks while also preventing data leaks and other internal threats as well as provides awareness training services. It also provides Cyber Resilience Extensions such as Mimecast Enterprise Information Archiving that unifies email data to support e-discovery forensic analysis and compliance initiatives; Mimecast Business Continuity and Sync & Recover which protects email and data against the threat of downtime as a result of system failure natural disasters planned maintenance system upgrades and migrations; and Mimecast Web Security service that protects against malicious web activity initiated by user action or malware and blocks access to inappropriate websites based on acceptable use policies. In addition the company’s Cyber Resilience Extensions also comprise Mimecast Secure Messaging a secure and private channel to share sensitive information; Mimecast Health Care Pack which prevents breaches and protects against data exfiltration transmissions; and Mimecast Large File Send that enables employees to create security and compliance risks when they turn to file sharing services. Further it offers Threat Intelligence Dashboard which displays cyber threat data specific to an organization by identifying users who pose the greatest cyber risk; and Mimecast Mobile and Desktop Apps for mobile PC and Mac users as well as engages in data center operations. The company sells its services through direct sales and channel partners. Mimecast Limited was founded in 2003 and is headquartered in London the United Kingdom.

NYSE:SAIC – Science Applications International Corporation

Technology – Information Technology Services

Market Cap. $5.32B

Science Applications International Corporation provides technical engineering and enterprise information technology (IT) services primarily in the United States. The company’s offerings include engineering; technology integration; IT modernization; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services such as design development integration deployment management and operations sustainment and security of its customers’ IT infrastructure as well as cloud migration managed services infrastructure modernization and enterprise IT-as-a-service solutions. It serves the U.S. military comprising Army Air Force Navy Marines and Coast Guard; Department of Defense agencies; National Aeronautics and Space Administration; the U.S. Department of State; Department of Justice; Department of Homeland Security; and various intelligence community agencies as well as U.S. federal civilian agencies. The company was formerly known as SAIC Gemini Inc. and changed its name to Science Applications International Corporation in September 2013. Science Applications International Corporation was founded in 1969 and is headquartered in Reston Virginia.


Description Not Available

NASDAQ:MANT – ManTech International Corporation

Technology – Software – Application

Market Cap. $3.54B

ManTech International Corporation provides technology solutions and services for U.S. defense intelligence community and federal civilian agencies worldwide. The company offers cyber solutions and services including security operations threat intelligence incident response and forensics boundary defense security systems engineering infrastructure security and computer forensics and exploitation. It also provides digital modernization managed and integrated service management edge computing user engagement and experience and digital workplace transformation and enterprise mobility services and solutions; and data collection predictive analytics analytics automation and machine learning and data fusion and visualization services. In addition the company offers requirements analysis; planning design implementation integration and enhancement; testing deployment maintenance and quality assurance; application migration and modernization; application development; and documentation and configuration management services as well as intelligent systems engineering services including platform innovation and modernization digital and models-based systems engineering reliability and maintainability modeling simulation and analysis systems lifecycle support human factors and safety engineering systems architecture and engineering and test and evaluation. Further it provides professional and technical solutions and mission support services; command-and-control infrastructure intelligence and surveillance and reconnaissance platforms and sensors as well as the communication dissemination and analysis of data; and mission solutions including C5ISR training logistics supply chain management and sustainment consulting and mission planning and execution. The company was founded in 1968 and is headquartered in Herndon Virginia.


Description Not Available

NYSE:INFY – Infosys Limited

Technology – Information Technology Services

Market Cap. $83.39B

Infosys Limited together with its subsidiaries provides consulting technology outsourcing and next-generation digital services in North America Europe India and internationally. It provides application development and management independent validation product engineering and management infrastructure management enterprise application management and support and integration services. The company’s products and platforms include Finacle a core banking solution; Edge suite of products; Infosys Nia an artificial intelligence platform; Infosys McCamish – an insurance platform; Wingspan a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava an e-commerce suite. The company serves clients in the financial services and insurance life sciences and healthcare manufacturing retail consumer packaged goods and logistics hi-tech communications telecom OEM media energy utilities resources services and other industries. Infosys has strategic partnership with Rolls-Royce for aerospace engineering. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was founded in 1981 and is headquartered in Bengaluru India.

NYSE:ATEN – A10 Networks Inc.

Technology – Software – Infrastructure

Market Cap. $803.62M

A10 Networks Inc. provides networking solutions in the United States Japan other Asia Pacific and EMEA countries. The company offers Thunder Application Delivery Controller (ADC) that provides advanced server load balancing; Lightning ADC a cloud-native software-as-a-service platform to boost the delivery and security of applications and micro services; and Thunder Carrier Grade Networking product which offers standards-compliant address and protocol translation services for service provider networks. It also provides Thunder Threat Protection System (TPS) for the protection of networks and server resources against massive distributed denial of service attacks; Thunder Secure Sockets Layer (SSL) Insight solution that decrypts SSL-encrypted traffic and forwards it to a third-party security device for deep packet inspection; and Thunder Convergent Firewall which addresses various critical security capabilities in one package by consolidating various security and networking functions in a single appliance. In addition the company offers intelligent management and automation tools comprising harmony controller that provides intelligent management automation and analytics for secure application delivery in multi-cloud environment; and aGalaxy TPS a multi-device network management solution. The company delivers its solutions on optimized hardware appliances bare metal software containerized software virtual appliances and cloud-native software. It serves cloud providers service providers government organizations and enterprises in the telecommunications technology industrial retail government financial gaming and education industries. The company markets its products through sales organizations as well as distribution channel partners including distributors value added resellers and system integrators. A10 Networks Inc. was incorporated in 2004 and is headquartered in San Jose California.

NASDAQ:OSPN – OneSpan Inc.

Technology – Software – Application

Market Cap. $1.03B

OneSpan Inc. together with its subsidiaries designs develops and markets digital solutions for identity security and business productivity worldwide. The company offers Trusted Identity Platform a cloud-based platform to secure users devices and transactions across the digital journey; Intelligent Adaptive Authentication a cloud-based solution that enables banks and other financial institutions to secure users devices and transactions; and Risk Analytics a comprehensive anti-fraud solution. It also provides OneSpan Cloud Authentication a cloud-based multifactor authentication solution that supports a range of authentication options including biometrics push notification and visual cryptograms for transaction data signing SMS and hardware authenticators; OneSpan Identity Verification which enables banks and financial institutions to verify the identity of remote applicants during the new digital account opening lending and financing application processes; Mobile Security Suite a software development kit; and Mobile Authenticator Studio a mobile authenticator that operates as a discrete mobile application. In addition the company offers OneSpan Sign which supports a range of e-signature requirements from simple to complex; Digipass hardware authenticators that supports authentication and digital signatures for applications running on PCs tablets and mobile phones; and authentication servers which enables customers to administer a high level of access control. It sells its solutions through its direct sales force as well as through distributors resellers systems integrators and original equipment manufacturers. The company was formerly known as VASCO Data Security International Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Chicago Illinois.

NASDAQ:RDWR – Radware Ltd.

Technology – Software – Infrastructure

Market Cap. $1.34B

Radware Ltd. together with its subsidiaries develops manufactures and markets cyber security and application delivery solutions for applications in physical virtual cloud and software defined data centers worldwide. The company offers DefensePro a real-time network attack mitigation device; AppWall a Web application firewall; Radware Kubernetes WAF a Web application firewall solution for CI/CD environments orchestrated by Kubernetes; and DefenseFlow a cyber-command and control application. It also provides Alteon an application delivery controller/load balancer for web cloud and mobile based applications; and LinkProof NG a multi-homing and enterprise gateway solution for connectivity of enterprise and cloud-based applications. In addition the company offers Security Updates Subscription which provides security updates to protect customers against the latest threats; ERT Active Attackers Feed that provides customers with information pertaining to attack sources recently involved in DDoS attacks; Alteon Global Elastic License that captures application lifecycle for large ADC deployments; APSolute Vision a management and monitoring tool for company’s application delivery and cyber security solutions; and MSSP Portal a DDoS detection and mitigation service portal. Further it provides Cloud DDoS Protection Service which offers a range of enterprise-grade DDoS protection services in the cloud as well as technical support professional managed and training and certification services to its customers. The company sells its products primarily to independent distributors including value added resellers original equipment manufacturers and system integrators. Radware Ltd. was founded in 1996 and is headquartered in Tel Aviv Israel.

NASDAQ:ZIXI – Zix Corporation

Technology – Software – Infrastructure

Market Cap. $417.34M

Zix Corporation provides solutions for email encryption data loss prevention threat protection unified archiving and cloud data backup in the United States Israel Canada the United Kingdom and Switzerland. The company offers Advanced Email Threat Protection a cloud-based service that defends organizations from zero-day malware ransomware phishing CEO fraud W-2 phishing attacks spams and viruses in email; and Information Archive a cloud-based email retention solution that enables user retrieval compliance and e-discovery. It also provides Email Encryption Service that allows a user to send encrypted email to any email user anywhere and on any Internet-enabled device; cloud-based cybersecurity solutions for small and medium businesses; information rights management e-signatures and secure file sharing solutions; and software-as-a-service cloud backup and recovery solutions. The company serves the healthcare financial services and insurance industries as well as government sectors. Zix Corporation sells its services through a direct sales force and tele sales force; and a network of resellers and other distribution partners including other managed service providers. The company was formerly known as ZixIt Corporation and changed its name to Zix Corporation in 2002. Zix Corporation was incorporated in 1988 and is headquartered in Dallas Texas.

NASDAQ:RBBN – Ribbon Communications Inc.

Communication Services – Telecom Services

Market Cap. $1.15B

Ribbon Communications Inc. provides communications technology in the United States Europe the Middle East Africa Japan the Asia Pacific and internationally. It operates through two segments Cloud and Edge and IP Optical Networks. The Cloud and Edge segment provides software and hardware products; and solutions and services for enabling voice over internet protocol communications voice over long-term evolution and voice over 5G communications and unified communications and collaboration. This segment also offers session border controller and network transformation products. This segment serves private public or hybrid cloud infrastructures as well as data centers enterprise premises and service provider networks. The IP Optical Networks segment provides hardware and software solutions for IP networking switching routing and optical transport to support and enable technologies such as 5G distributed cloud computing and corresponding applications by delivering ultra-low cost-per-bit transport and multi-service flexibility. It also offers multiple solutions including 5G-native solutions for mobile backhaul metro and edge aggregation core networking data center interconnect legacy NTR and transport solutions for wholesale carriers. This segment serves utilities government defense finance transportation and education and research industries as well as service providers and enterprises. It also provides advanced analytics solutions and next generation products that provides cloud-native and streaming analytics platform for networks and subscribers; and core-to-edge products and end-to-end service assurance and analytics solutions and integrated SD-WAN services. Ribbon Communications has strategic partnerships with Orion Innovation. The company was formerly known as Sonus Networks Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano Texas.


Description Not Available

NYSE:TUFN – Tufin Software Technologies Ltd.

Technology – Software – Infrastructure

Market Cap. $357.19M

Tufin Software Technologies Ltd. together with its subsidiaries develops markets and sells software-based solutions primarily in the United States Israel Europe the Middle East and Africa Germany the Asia Pacific and internationally. The company provides SecureTrack which enables security administrators to define and manage a centralized security policy minimize the attack surface and ensure continuous compliance across the network; SecureChange that is used to assess provision and verify security configuration changes across physical networks and cloud platforms while maintaining security and compliance; and SecureApp which is used to define manage and monitor network connectivity for their applications. It also offers SecureCloud a security policy management service for cloud-native multi-cloud and hybrid-cloud applications and workloads. In addition the company provides vulnerability mitigation app that enables organizations to prioritize remediation?and mitigation?efforts by enhancing vulnerability scanner output with network insights. It sells its products and services through distributors and resellers as well as service delivery partners. Tufin Software Technologies Ltd. was incorporated in 2005 and is headquartered in Tel Aviv Israel.

NYSE:BB – BlackBerry Limited

Technology – Software – Infrastructure

Market Cap. $8.97B

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company leverages artificial intelligence and machine learning to deliver solutions in the areas of cybersecurity safety and data privacy; and endpoint security management encryption and embedded systems. It offers BlackBerry Spark software platform that includes a suite of security software products and services comprising BlackBerry UEM BlackBerry Dynamics and BlackBerry Workspaces solutions; and BlackBerry Spark SDK to promote the evolution of a platform ecosystem by enabling enterprise and independent software vendor developers to integrate the security features of BlackBerry Spark into their own mobile and web applications. The company also provides BlackBerry Internet of Things (IoT) solutions including BlackBerry QNX BlackBerry Certicom BlackBerry Radar BlackBerry Jarvis BlackBerry AtHoc BlackBerry Alert SecuSUITE and other IoT applications. As of February 28 2021 it owned approximately 38000 worldwide patents and applications. The company has a partnership with the University of Windsor to develop and deliver a cybersecurity curriculum for the university’s graduate master’s program in applied computing; and an agreement with Amazon Web Services Inc. to develop and market BlackBerry’s IVY an intelligent vehicle data platform. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo Canada.

NASDAQ:NLOK – NortonLifeLock Inc.

Technology – Software – Infrastructure

Market Cap. $16.4B

NortonLifeLock Inc. provides cyber safety solutions for consumers worldwide. The company offers Norton security solutions as a subscription service providing protection for PCs Macs and mobile devices against malware viruses adware ransomware and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring alerts and restoration services to its customers. It also provides Norton Secure VPN and SurfEasy VPN for online privacy as well as Norton family a solution for home and family which offers protection and security parental control and GPS location monitoring services. NortonLifeLock Inc. markets and sells its products and related services through retailers telecom service providers hardware original equipment manufacturers and employee benefit providers as well as e-commerce platform. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is headquartered in Tempe Arizona.

NASDAQ:CVLT – Commvault Systems Inc.

Technology – Software – Application

Market Cap. $3.6B

Commvault Systems Inc. provides data protection and information management software applications and related services in the United States Canada Latin America Europe the Middle East Africa Australia New Zealand Southeast Asia and China. It offers Commvault Complete Backup & Recovery a backup and recovery solution for enterprises; and Commvault HyperScale Technology an add-on for Commvault Complete that delivers an on-premises cloud-like infrastructure to support scale-out secondary storage. The company also provides Commvault Orchestrate an automated service delivery technology that enables users to provision sync and validate data in various environments for IT needs such as disaster recovery testing development testing operations and workload migrations; Commvault Venture A Hedvig a storage platform provides multi-protocol support required across block file and object storage with native application hypervisor container and cloud integration; and Commvault Venture A Metallic offers software-as-a-service backup and recovery solutions; and Commvault Activate a solution which allow customers to comply with privacy regulations. In addition it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers professional and customer support services. The company sells its software and related services directly through its sales force to large enterprises small and medium sized businesses and government agencies as well as indirectly through its network of value-added resellers systems integrators corporate resellers and original equipment manufacturers. It licenses its software applications to customers in the banking insurance and financial services government healthcare pharmaceuticals and medical services technology legal manufacturing utility and energy industries. The company has strategic relationships with Atos Cisco Citrix Fujitsu Hewlett Packard Enterprise Microsoft Oracle SAP Netapp Amazon Web Services and VMware. Commvault Systems Inc. was founded in 1988 and is headquartered in Tinton Falls New Jersey.

NYSE:CACI – CACI International Inc

Technology – Information Technology Services

Market Cap. $6.18B

CACI International Inc together with its subsidiaries provides information solutions and services in North America and internationally. The company offers business systems solutions for financial human capital asset and materials and administrative management; develops integrates and operates command and control solutions; and develops and integrates solutions that deliver multi-level unified communications from the enterprise directly to and from the tactical edge. It also provides cyber security solutions and supports cyber support to federal customers and the intelligence community (IC) as well as support to the IC and the department of defense. In addition the company offers enterprise-wide information solutions and services to design develop integrate deploy operate and manage sustain and security of its customers’ IT solutions; and supports federal civilian and military health missions that improve healthcare delivery systems integrates electronic health records and enhances the speed and efficiency of emergency responsiveness. Further it provides intelligence services such as intelligence analysis operations and planning policy doctrine and security support as well as ground truth and intelligence gathering services; and designs develops integrates deploys and prototypes hardware-and software-enabled tools and applications as well as provides signals intelligence and radio systems. Additionally the company offers investigation and litigation support services; logistics and material readiness solutions and professional services; space operations and resiliency support; and data and software products as well as develops and integrates surveillance and reconnaissance technologies into platforms. It primarily serves the U.S. government state and local governments commercial enterprises and foreign government agencies. The company was founded in 1962 and is headquartered in Arlington Virginia.

NYSE:PSN – Parsons Corporation

Industrials – Specialty Industrial Machinery

Market Cap. $3.95B

Parsons Corporation provides technology based solutions in the defense intelligence and critical infrastructure markets in North America the Middle East and internationally. It operates through two segments Federal Solutions and Critical Infrastructure. The company offers cyber security and intelligence services as well as offensive and defensive cybersecurity platforms tools and operations to U.S. Department of Defense and the United States intelligence community; space and geospatial solutions such as geospatial intelligence threat analytics space situational awareness small satellite launch and integration satellite ground systems fight dynamics and command and control solutions to the National Geospatial-Intelligence Agency National Reconnaissance Office and multiple units within the U.S. Department of Defense. It also provides missile defense and C5ISR solutions such as integrated air and missile defense data fusion and analytics platform system integration directed energy joint all-domain operations and command and control systems to Defense Intelligence Agency and U.S. Department of Defense; technology services for complex energy production systems aviation healthcare and bio-surveillance systems and environmental systems and associated infrastructure as well as nuclear waste processing and treatment weapons of mass destruction elimination program and project management infectious disease control analytics and data protection solutions. In addition the company offers intelligent transportation system management aviation rail and transit systems smart cities software and critical infrastructure cyber protection to the transportation authorities rail and transit entities; engineering services for complex infrastructure; and program management and environmental solutions to private-sector industrial clients and public utilities. Parsons Corporation was founded in 1944 and is headquartered in Centreville Virginia.

NYSE:PING – Ping Identity Holding Corp.

Technology – Software – Infrastructure

Market Cap. $2.01B

Ping Identity Holding Corp. doing business as Ping Identity Corporation provides intelligent identity solutions for the enterprise in the United States and internationally. Its Ping Intelligent Identity platform provides customers workforce and partners with access to cloud mobile Software-as-a-Service and on-premise applications. The company’s platform offers solutions such as secure single sign-on; multi-factor authentication; security control for applications and APIs or access security; personalized and unified profile directories; data governance to control access to identity data; and artificial intelligence and machine learning powered API security. Its customers include enterprises in Fortune 100 U.S. banks healthcare companies aerospace companies auto manufacturers and North American retailers. The company was formerly known as Roaring Fork Holding Inc. and changed its name to Ping Identity Holding Corp. in August 2019. Ping Identity Holding Corp. was incorporated in 2016 and is headquartered in Denver Colorado.

NYSE:SWI – SolarWinds Corporation

Technology – Software – Infrastructure

Market Cap. $5.47B

SolarWinds Corporation provides information technology (IT) infrastructure management software products in the United States and internationally. It offers products to monitor and manage network system desktop application storage database and website infrastructures whether on-premise in the public or private cloud or in a hybrid IT infrastructure. It provides a suite of network management software that provides real-time visibility into network utilization and bandwidth as well as the ability to detect diagnose and resolve network performance problems; and a suite of infrastructure management products which monitor and analyze the performance of applications and their supporting infrastructure. It also offers suite of application performance management software that enable visibility into log data cloud infrastructure metrics applications tracing and web performance management; and service management software. In addition the company provides cloud-based software solutions to enable managed service providers (MSPs) to support digital transformation and growth in small and medium-sized enterprises; and service management software that provides ITIL-compliant service desk solutions for various companies. Further it offers remote monitoring and management solutions for the performance of networks and devices and automation of policies and workflows; security and data protection products for network and systems infrastructure applications and end user devices; and business management solutions for professional services automation and password and documentation management. The company markets and sells its products directly to network and systems engineers database administrators storage administrators DevOps professionals and managed service providers. The company was formerly known as SolarWinds Parent Inc. and changed its name to SolarWinds Corporation in May 2018. The company was founded in 1999 and is headquartered in Austin Texas.

NASDAQ:CGNT – Cognyte Software Ltd.

Technology – Software – Infrastructure

Market Cap. $1.55B

Cognyte Software Ltd. provides security analytics software to governments and enterprises worldwide. The company’s open software fuses analyzes and visualizes disparate data sets for security organizations. It offers investigative analytics operational intelligence analytics and threat intelligence analytics solutions. The company’s end-users for its solutions include data analysts investigation managers security operating centers operators and field unit teams. It also provides customer support professional and integration services. The company serves national regional and local government agencies; and enterprise customers consist of commercial and physical security customers. The company was incorporated in 2020 and is headquartered in Herzliya Israel.

NYSE:RAMP – LiveRamp Holdings Inc.

Technology – Information Technology Services

Market Cap. $3.31B

LiveRamp Holdings Inc. a technology company provides enterprise data connectivity platform solutions in the United States Europe and the Asia-Pacific. The company offers IdentityLink a true people-based identifier that provides onboarding identity resolution data network and measurement and analytics solutions. It serves financial insurance and investment services retail automotive telecommunications high tech consumer packaged goods healthcare travel entertainment non-profit and government industries. LiveRamp Holdings Inc. has collaboration with The Trade Desk Inc. The company was formerly known as Acxiom Holdings Inc. and changed its name to LiveRamp Holdings Inc. in October 2018. LiveRamp Holdings Inc. is headquartered in San Francisco California.

NASDAQ:SUMO – Sumo Logic Inc.

Technology – Software – Infrastructure

Market Cap. $2.13B

Sumo Logic Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation modern applications and cloud computing worldwide. Its platform enables organizations to automate the collection ingestion and analysis of application infrastructure security and IoT data to derive actionable insights. The company offers a suite of solutions to address areas such as operational intelligence security intelligence business intelligence and global intelligence. Sumo Logic Inc. was incorporated in 2010 and is headquartered in Redwood City California.

NASDAQ:MCFE – McAfee Corp.

Technology – Software – Application

Market Cap. $12B

McAfee Corp. provides various integrated security privacy and trust solutions to consumers small and medium-sized businesses large enterprises and governments in the United States and internationally. The company operates in two segments Consumer and Enterprise. Its security technologies enable home users and businesses to stay ahead of the wave of fileless attacks viruses malware and other online threats. The company offers personal protection services that provide holistic digital protection of the individual and family wherever they go under the Total Protection and LiveSafe brands; and cybersecurity solution that protects against adversarial threats across cloud on-premise and hybrid environments as well as endpoint devices. It also provides device security privacy and safe Wi-Fi online protection and identity protection services; and MVISION Device MVISION Cloud and MVISION security services. McAfee orp. was founded in 2019 and is headquartered in San Jose California.

NASDAQ:NTCT – NetScout Systems Inc.

Technology – Software – Infrastructure

Market Cap. $2.23B

NetScout Systems Inc. provides service assurance security and business analytics for digital business services against disruptions in availability performance and security. The company offers nGeniusONE management software that enables customers to predict preempt and resolve network and service delivery problems as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks. It also provides nGeniusPULSE an active testing tool that enables enterprises to identify infrastructure performance issues and determine application availability reliability and performance; and nGenius Business Analytics solution which enables service providers to analyze their network traffic. In addition the company offers ISNG an advanced passive network probe; packet flow systems that deliver targeted network traffic access to various monitoring and security tools and systems; and a suite of test access points that enable non-disruptive access to network traffic. Further it provides security solutions that enable service providers and enterprises to protect their networks against distributed denial of service attacks under the Arbor brand; and threat detection solutions to identify and investigate potential advanced network threats. The company serves enterprise customers in industries including financial services technology manufacturing healthcare utilities education transportation and retail; mobile operators wireline operators cable operators Internet service providers and cloud providers; and governmental agencies through a direct sales force and indirect reseller and distribution channels. It has operations in the United States Asia Europe and internationally. The company was founded in 1984 and is headquartered in Westford Massachusetts.


Description Not Available


Description Not Available

NASDAQ:SCWX – SecureWorks Corp.

Technology – Software – Infrastructure

Market Cap. $1.58B

SecureWorks Corp. through its subsidiaries provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company’s solutions include software-as-a-service solutions managed security services and professional services including incident response and security risk consulting services. Its solutions enable organizations to prevent security breaches detect malicious activity respond rapidly to security breaches and identify emerging threats. The company sells its solutions primarily through its direct sales organization as well as through referral agents regional value-added resellers and trade associations. It serves customers in a range of industries including financial services manufacturing technology retail insurance utility and healthcare sectors. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. SecureWorks Corp. was founded in 1999 and is headquartered in Atlanta Georgia. SecureWorks Corp. is a subsidiary of Dell Inc.


Description Not Available

NASDAQ:ABST – Absolute Software Corporation

Technology – Software – Application

Market Cap. $685.18M

Absolute Software Corporation develops markets and provides cloud-based endpoint visibility and control platform for the management and security of computing devices applications and data for enterprise and public sector organizations. The company offers the Absolute platform to provide the connectivity visibility and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health compliance and state of decay of endpoint security controls and productivity tools as well as for reporting and analytics geotechnology and endpoint investigation and recovery applications. It also provides professional technical support and investigation services. The company markets its solutions through device original equipment manufacturers distributors and value added resellers as well as directly to corporations government entities educational institutions financial services healthcare sectors and consumers. It operates in North America Europe and Africa as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver Canada.


Description Not Available

NASDAQ:EVBG – Everbridge Inc.

Technology – Software – Application

Market Cap. $4.58B

Everbridge Inc. operates as a software company in the United States and internationally. Its Critical Event Management a software as a service based platform with various software applications that address tasks an organization has to perform to manage a critical event including Mass Notification that enables enterprises and governmental entities to send notifications to individuals or groups to keep them informed before during and after natural or man-made disasters and other emergencies; Safety Connection that enables organizations to send notifications based on last known location of an individual; Incident Management for organizations to automate workflows and make their communications relevant; and IT Alerting that enables IT professionals to alert and communicate during an IT incident or outage. Its software applications also include Visual Command Center that enables customers to monitor and integrate threat data and information on internal incidents; Public Warning to reach international mobile populations; Community Engagement that integrates emergency management and community outreach; Risk Center solution that aggregates data to assess incidents and provide incident information and analysis; Crisis Management that provides mobile access to crisis recovery and brand protection plans; Secure Collaboration solution to exchange messages voice images and video chats; and Control Center application used for mission-critical control. It also provides customer support services. It serves enterprises small businesses non-profit organizations educational institutions and government agencies in technology energy financial services healthcare and life sciences manufacturing media and entertainment retail higher education and professional services industries. The company was formerly known as 3n Global Inc. and changed its name to Everbridge Inc. in April 2009. The company was founded in 2002 and is headquartered in Burlington Massachusetts.

NASDAQ:ALLT – Allot Ltd.

Technology – Communication Equipment

Market Cap. $677.18M

Allot Ltd. provides network intelligence and security solutions to protect and personalize the digital experience in Europe Asia Oceania the Middle East Africa and the Americas. It offers Allot Service Gateway (Allot SG) platforms including Allot SG-Tera Allot SG9x000 and Allot SG-VE and CE for in-line deployment in traditional and virtualized network access infrastructure. The company also provides subscriber management platform that drives the centralized creation provisioning and pricing of subscriber services; and analytics solutions comprising Allot ClearSee Analytics and Allot ClearSee Data Source that analyze traffic data. In addition it offers security solutions comprising Allot NetworkSecure Allot HomeSecure Allot DNSecure EndPoint Secure Allot Content Protector Allot IoTSecure Allot DDoS Secure Allot SpamOut Protector and Allot Secure Management as well as security as a service solutions for protecting network service integrity and brand reputation. Further the company offers centralized management solutions such as Allot NetXplorer for providing a central access point for network-wide monitoring reporting analytics troubleshooting accounting and quality of service policy provisioning. It markets its products through direct sales distributors resellers original equipment manufacturers and system integrators to carriers mobile and fixed service providers cable operators private networks data centers educational institutions governments and enterprises as well as wireless wireline and satellite Internet service providers. The company was formerly known as Allot Communications Ltd. and changed its name to Allot Ltd. in October 2018. Allot Ltd. was incorporated in 1996 and is based in Hod-Hasharon Israel.


Description Not Available


Description Not Available

NASDAQ:TLS – Telos Corporation

Technology – Information Technology Services

Market Cap. $2.32B

Telos Corporation together with its subsidiaries provides information technology (IT) solutions and services worldwide. It provides Xacta a premier platform for enterprise cyber risk management and security compliance automation solutions to large commercial and government enterprises; and Telos Ghost a solution to eliminate cyber-attack surfaces by obfuscating and encrypting data masking user identity and location and hiding network resources as well as provides security and privacy for intelligence gathering cyber threat protection securing critical infrastructure and protecting communications and applications. The company also offers Telos Automated Message Handling System a web-based organizational message distribution and management platform for mission-critical communications used by military field operatives; and Telos ID that provides identity trust and digital services through IDTrust360 an enterprise-class digital identity risk platform for extending software-as-a-service and custom digital identity services that reduces threats through the integration of advanced technologies that fuse biometrics credentials and other identity-centric data used for continuously monitor trust. In addition it provides secure network services including secure mobility solutions for business and government that enable remote work and minimize concern across and beyond the enterprises; and network management and defense services for operating administrating and defending complex enterprise networks and defensive cyber operations. The company was founded in 1968 and is headquartered in Ashburn Virginia.


Description Not Available

NASDAQ:INTZ – Intrusion Inc.

Technology – Software – Application

Market Cap. $307.39M

Intrusion Inc. develops markets and supports entity identification data mining cybercrime and advanced persistent threat detection products in the United States. It offers INTRUSION Shield a network detection and response security-as-a-service solution to identify and stop Zero-Day attacks and ransomware. The company also provides INTRUSION TraceCop a big data tool that contains an inventory of network selectors and enrichments to support forensic investigations; and INTRUSION Savant a network monitoring solution that uses the data available in TraceCop to identify suspicious traffic in real-time. In addition it engages in the resale of standard commercially available computers and servers from various vendors; and provision of pre-and post-sales support services such as network security design system installation and technical consulting services. The company serves US federal government entities state and local government entities and companies ranging from mid-market to large enterprises through a direct sales force and value-added resellers. The company was formerly known as Inc. and changed its name to Intrusion Inc. in November 2001. Intrusion Inc. was founded in 1983 and is headquartered in Plano Texas.


Description Not Available

NYSE:VHC – VirnetX Holding Corp

Technology – Software – Infrastructure

Market Cap. $337.5M

VirnetX Holding Corporation through its subsidiary VirnetX Inc. operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet as well as enable organizations and individuals to establish communities of secure registered users and transmit information between various devices networks and operating systems. It also offers a portfolio of licenses and services such as VirnetX technology licensing; GABRIEL Connection Technology software development kit including object libraries sample code testing and quality assurance tools and supporting documentation required for customers to implement the company’s technology; secure domain name registrar service; registrar server software; connection server software; relay server software; and secure domain name master registry and connection and technical support services. In addition the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users’ devices. The company serves domain infrastructure and communication service providers and system integrators; and enterprise customers developers and original equipment manufacturers of chips servers smart phones tablets e-Readers laptops net books and other devices in the IP-telephony mobility fixed-mobile convergence and unified communications markets. VirnetX Holding Corporation was incorporated in 2005 and is based in Zephyr Cove Nevada.

NASDAQ:DOCU – DocuSign Inc.

Technology – Software – Application

Market Cap. $39.49B

DocuSign Inc. provides cloud based software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare sign act on and manage agreements. It also offers CLM which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals document comparisons and version control; Analyzer which helps customers understand what they’re signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify a signer-identification option for checking government-issued IDs; Standards-Based Signatures which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; and eNotary which offers the ability to execute electronic notarial acts. It offers industry-specific cloud offerings including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage which offers digital workspace to create and close mortgages; FedRAMP an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct partner-assisted and Web-based sales. It serves enterprise commercial and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco California.

NASDAQ:CTXS – Citrix Systems Inc.

Technology – Software – Application

Market Cap. $14.41B

Citrix Systems Inc. an enterprise software company provides workspace app delivery and security and professional services worldwide. The company offers workspace services including Citrix Workspace; Citrix Virtual Apps and Desktops; Citrix Content Collaboration a cloud-based file sharing and storage solution which provides enterprise-class data services on various corporate and personal mobile devices for businesses; Citrix Endpoint Management for mobility and device management capabilities; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance that uses machine learning to quantify user experience; Citrix Secure Workspace Access which provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides networking products comprising Citrix ADC an application delivery controller and load balancing solution for web traditional and cloud-native applications; and Citrix SD-WAN a WAN Edge solution that delivers flexible automated secure connectivity and performance for the workspace. In addition the company offers customer services hardware maintenance consulting and product training and certification services. The company serves healthcare financial services technology manufacturing consumer and government agencies. It markets and licenses its products through resellers distributors systems integrators independent software vendors original equipment manufacturers and service providers. The company was formerly known as Citrus Systems Inc. and changed its name to Citrix Systems Inc. in March 2009. Citrix Systems Inc. was founded in 1989 and is headquartered in Fort Lauderdale Florida.


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NASDAQ:ALRM – Holdings Inc.

Technology – Software – Application

Market Cap. $3.95B Holdings Inc. provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments and Other. The company provides interactive security solutions to control and monitor their security systems as well as connected security devices including door locks motion sensors door locks garage doors thermostats and video cameras; and high definition video monitoring solutions such as video analytics live streaming video doorbell video clips video alerts continuous high definition recording and commercial video surveillance solutions. It also offers intelligent automation and energy management solutions comprising scenes button; smart thermostat schedules; responsive savings; precision comfort; energy usage monitoring; heating ventilation and air conditioning monitoring services; whole home water safety solutions; geo-services; and demand response programs. In addition the company provides commercial solutions such as daily safeguards commercial grade video energy savings protection for valuables and inventory temperature monitoring multi-site management and access control operational insights early problem identification simple to use professionally supported and easy to maintain. Further it offers service provider solutions including a permission-based online portal that offers account management sales marketing training and support tools; installation and support tools; business management services; sales marketing and training services; and home builder programs as well as wellness solutions. The company serves residential and commercial subscribers. Holdings Inc. was founded in 2000 and is headquartered in Tysons Virginia.

NYSE:CALX – Calix Inc.

Technology – Software – Application

Market Cap. $2.84B

Calix Inc. together with its subsidiaries provides cloud and software platforms and systems and services in the United States the Middle East Canada Europe the Caribbean and internationally. The company’s cloud and software platforms and systems and services enable communication service providers (CSPs) to provide a range of services. It provides Calix Cloud platform a role-based analytics platform comprising Calix Marketing Cloud Calix Support Cloud and Calix Operations Cloud which are configurable to display role-based insights and enable CSPs to anticipate and target new revenue-generating services and applications through mobile application. The company also offers EXOS a carrier class smart home and business operating system that supports residential business and mobile subscribers; and AXOS an operating system for access networks that allows a service provider to deliver all services on a single elastic converged access network that is always on simple to operate and quick to deploy. It offers its products through its direct sales force and resellers. Calix Inc. was incorporated in 1999 and is headquartered in San Jose California.


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