Sitehop
Hardware-enforced encryption/decryption with ultra-low latency, low power and an easy-to-use Enterprise Network Management System.
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
SiteHop.co.uk is a cybersecurity startup focused on securing communications for enterprises. The company offers a product called SAFEblade 1100, which is designed to drastically reduce the risk of cyber attacks by minimizing the attack surface. The SAFEblade 1100 is a hardware-enforced security solution, meaning that data does not pass through software, making it harder for hackers to exploit vulnerabilities.
SiteHop.co.uk serves a diverse range of clients, including government agencies, universities, financial institutions, 5G telecom providers, cloud service providers, and Internet of Things (IoT) solutions. These clients operate in markets that require robust and reliable cybersecurity measures to protect sensitive data and ensure smooth operations.
The company operates in the cybersecurity market, specifically focusing on network security for communications. This market is rapidly growing due to the increasing number of cyber threats and the shift towards cloud-based solutions and remote work environments.
SiteHop.co.uk's business model is based on a subscription service that auto-configures the security settings for its clients. This model ensures a steady stream of recurring revenue, as clients pay for ongoing access to the SAFEblade 1100 solution. The subscription includes features such as specifying edge locations, encrypting connections, and managing permissions, all of which are designed to be user-friendly and easy to implement.
The company makes money by charging clients a subscription fee for its cybersecurity services. This fee covers the cost of the hardware, software, and ongoing support and updates. By offering a subscription model, SiteHop.co.uk ensures a predictable and recurring revenue stream, which is crucial for the company's financial stability and growth.
In summary, SiteHop.co.uk is a cybersecurity startup that provides hardware-enforced network security solutions for a variety of enterprise clients. The company operates in the growing cybersecurity market and generates revenue through a subscription-based business model.
Keywords: Cybersecurity, Network Security, SAFEblade 1100, Subscription, Hardware-enforced, Government, Universities, Financial Institutions, 5G Telecom, IoT.