Portfolio Exits
1Partners & Customers
10Service Providers
1
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Latest NTT Security News
Feb 5, 2023
Japanese Prime Minister Fumio Kishida recently announced an increase in the Japanese defense budget from 1% of the country’s GDP to 2%. This means that within five years the budget will be the third largest in the world after China and the U.S. In an interview with Calcalist, Kazu Yozawa, CEO of NTT Security, the Japanese giant's cybersecurity subsidiary, says that this is a golden opportunity for Israeli cyber companies. "We work here with many Israeli cyber companies through our innovation center. Our ongoing work with the Japanese government allows us to connect the new contracts with many Israeli companies that offer good solutions for the needs of the Japanese economy." Kazu believes that in the near future we will see an Israeli company be acquired by the Japanese giant. "Israel is very important to us. There are many companies here that specialize in cyber. We founded NTT Israel about a year and a half ago, and we are trying to team up with local startup companies. There is also potential for acquisitions and investments. We have invested in 11 companies in Israel and if it is possible to acquire companies, we will do this. We are actively looking for the acquisition of companies that will offer complementary services to a company in Israel - any type of company. At the same time, we are also looking for service or cloud companies. (Photo: Udi Goren) “We also make investments in companies for minority holdings valued at several millions of dollars, as well as more significant investments. We usually prefer to start with a company through cooperation and initial sale of a product rather than a purchase. We are in the process of selling technology either to us or to our customers with around 20 Israeli companies.” NTT's cyber company has about 500 employees and is profitable with revenues of about $200 million. A large part of the income comes from activities with the Japanese government and giant corporations. Another part of the company’s activity that Kazu manages is the security of all the activities of the Japanese giant. Kazu speaks of three main cyber threat types in Japan: a politically motivated attack resulting from world events - Russia, Ukraine, Taiwan and North Korea; an attack by hackers for criminal purposes; and activists, of which he notes: "we have much less of the latter type, but we feel a significant increase in the first two.” The Japanese communications corporation NTT, ranked among the 100 most profitable companies in the world, established an innovation lab in Israel a year and a half ago. It was established with the aim of cooperating with Israeli companies and academic institutions in the development of cutting-edge technologies in various fields, which will support NTT and its many customers around the world in dealing with contemporary challenges. The laboratory focuses on the fields of cybersecurity, digital health, artificial intelligence and robotics, with the aim of locating Israeli technologies, merging them with NTT, and marketing them to its customers around the world. Related articles:
NTT Security Portfolio Exits
1 Portfolio Exit
NTT Security has 1 portfolio exit. Their latest portfolio exit was WhiteHat Security on April 27, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/27/2022 | Acquired - II | 4 |
Date | 4/27/2022 |
---|---|
Exit | Acquired - II |
Companies | |
Valuation | |
Acquirer | |
Sources | 4 |
NTT Security Acquisitions
1 Acquisition
NTT Security acquired 1 company. Their latest acquisition was WhiteHat Security on March 05, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/5/2019 | Growth Equity | $51.87M | Acquired | 5 |
Date | 3/5/2019 |
---|---|
Investment Stage | Growth Equity |
Companies | |
Valuation | |
Total Funding | $51.87M |
Note | Acquired |
Sources | 5 |
NTT Security Partners & Customers
10 Partners and customers
NTT Security has 10 strategic partners and customers. NTT Security recently partnered with Cynterra, and IP Australia on August 8, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
8/10/2020 | Vendor, and Client | Cynterra, and IP Australia | Australia | NTT and start-up Cynterra win IP Australia cyber contract NTT and cyber security start-up Cynterra have won a multi-year contract with federal agency IP Australia . | 1 |
6/14/2019 | Partner | Netherlands | Europol and NTT Security team up to improve cybersecurity . | 2 | |
4/12/2018 | Partner | United States | Symantec and NTT Security announce partnership Symantec and NTT Security announce partnership | 2 | |
4/12/2018 | Partner | ||||
2/14/2018 | Partner |
Date | 8/10/2020 | 6/14/2019 | 4/12/2018 | 4/12/2018 | 2/14/2018 |
---|---|---|---|---|---|
Type | Vendor, and Client | Partner | Partner | Partner | Partner |
Business Partner | Cynterra, and IP Australia | ||||
Country | Australia | Netherlands | United States | ||
News Snippet | NTT and start-up Cynterra win IP Australia cyber contract NTT and cyber security start-up Cynterra have won a multi-year contract with federal agency IP Australia . | Europol and NTT Security team up to improve cybersecurity . | Symantec and NTT Security announce partnership Symantec and NTT Security announce partnership | ||
Sources | 1 | 2 | 2 |
NTT Security Service Providers
1 Service Provider
NTT Security has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Acquired |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
NTT Security Team
3 Team Members
NTT Security has 3 team members, including former Chief Executive Officer, Chief Technology Officer, Michael Hrabik.
Name | Work History | Title | Status |
---|---|---|---|
Michael Hrabik | Chief Executive Officer, Chief Technology Officer | Former | |
Name | Michael Hrabik | ||
---|---|---|---|
Work History | |||
Title | Chief Executive Officer, Chief Technology Officer | ||
Status | Former |
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