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Accenture Ventures Invests in SpiderOak

Accenture Ventures Invests in SpiderOak Image Credit: ADVA

Accenture last Thursday announced that is has made a strategic investment, through Accenture Ventures, in SpiderOak, a zero-trust cybersecurity and resiliency solution provider for next generation space systems.

Based in Reston, Virginia, SpiderOak’s OrbitSecure product suite brings zero trust security to zero gravity environments. OrbitSecure leverages a powerful combination of no-knowledge encryption and distributed-ledger technology in order to meet the unique demands of cybersecurity in space. The product suite includes a fully decentralized key management system that helps enable full availability and continued operations in space, even within disconnected or highly contested networks. This increases resiliency for multi-vendor, multi-network, mesh proliferated low-Earth orbit networks by significantly reducing the attack surface and opportunities for adversaries to jam, disrupt, modify, or contest space communications and satellite services.

SpiderOak is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and investment program that targets emerging technology companies that can help fill strategic innovation gaps for the Global 2000. In addition to capital investments, Accenture Venture’s Project Spotlight offers unprecedented access to Accenture’s technology domain expertise and its enterprise clients. Technology companies co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to adapt their solutions to the enterprise market and scale faster and more effectively.

Paul Thomas, Space Innovation Lead, Technology Innovation, Accenture

As the space economy grows, we anticipate that global demand for secure communications will soar. Our work with SpiderOak is the start of an exciting journey to enable secure communications in space and combine SpiderOak’s technology with solutions we are creating at Accenture, such as satellite communications, ground station as-a-service, remote IoT device-to-Satellite data, Space R&D and earth observation data.

Tom Patterson, Quantum and Space Security Lead, Accenture

Cybersecurity cannot be an add on, option, or silo in space. To protect and enable our future, we must give cybersecurity the same priority in space as it has now throughout critical infrastructure on the ground. Working with SpiderOak, we can help our clients put zero trust security into zero gravity and take strategic advantage of these developments to transform their businesses in coming years, and ultimately the futures of their industries.

Dave Pearah, CEO, SpiderOak

As organizations look for solutions to innovate at speed with the rate of growth in space, SpiderOak is well positioned to empower commercial and government customers with our revolutionary cybersecurity platform for space communications. We believe our participation in Accenture Project Spotlight, combined with Accenture’s deep experience with leading companies in the aerospace and defense industry and commitment to space innovation and security, will help drive increased awareness and adoption of our secure end-to-end satellite security offerings.

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Author

Principle Analyst and Senior Editor | IP Networks

Ariana specializes in IP networking, covering both operator networks - core, transport, edge and access; and enterprise and cloud networks. Her work involves analysis of cutting-edge technologies that drive application visibility, traffic awareness, network optimization, network security, virtualization and cloud-native architectures.

She can be reached at ariana.lynn@thefastmode.com

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