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Dror Liwer

๐Ÿ‘ค Speaker
135 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

Maybe we should sell there.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

This was mid-market and small businesses.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

Mid-market and small businesses, okay.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

That really loved the simplicity that we created, that really loved the whole concept of an all-in-one.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

So we slowly grew the product from a very niche product to a platform that covers basically everything that a mid-market or a small business needs.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

It was trying to, so the attack vector was called calm jacking, which is a name I actually coined.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

And the whole concept was preventing a man in the middle attack in the wireless realm.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

So either Wi-Fi or cellular.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

It's very, very easy for an attacker to step in the middle and basically intercept all the traffic and then either manipulate the traffic, steal the traffic or whatever.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

And yeah, so when we went to sell this, people said, oh, that's a great technology.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

We had patents, we won awards and everything.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

But people said it's too much of such a specific threat vector that it wasn't really... They weren't willing to spend money to prevent it.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

It's not about just spending the money.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

They weren't willing to add one more thing to the stack.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

I see.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

That's a very, when you look at it from the eyes of a chief information security officer or an IT person, adding something new to a stack has additional costs.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

which is why cybersecurity is so broken, because you need to have layers and layers and different tools.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

An average company on the enterprise side will have 40 different cybersecurity products that they've bought.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

Each one of them has a massive side cost, not just the cost of the software, but the team, the training, the maintenance, and so on and so on.

SaaS Interviews with CEOs, Startups, Founders
His cap table will shock you. $100m revenue, $750m valuation in his series D with Coro Co-Founder Dror Liwer

Three co-founders other than me.