Silicon Valley is the world’s technology epicenter, dating back to the 1939 founding by two Stanford University graduates of Hewlett-Packard in a Palo Alto garage.
Today, Silicon Valley claims the top spot in the most recent Cybersecurity 500 index as well, with 126 companies that include such heavy hitters as Cisco, Symantec, Intel, Fortinet, SonicWall, McAfee, Barracuda Networks, Google, Oracle, Malwarebytes, VMware, Juniper Networks, Tanium, HPE (formerly Hewlett-Packard), Menlo Security, WhiteHat Security, and FICO.
“Silicon Valley is the hub for enterprise cybersecurity, where big businesses are coming up with better firewalls, because there are a lot of big tech businesses out there,” explains venture capitalist John Backus, as quoted by CS Monitor.
The area received yet more momentum in 2014 when the William and Flora Hewlett Foundation announced $45 million in grants for cybersecurity initiatives at Stanford and the University of California, Berkeley, as well as Boston’s MIT.
Meanwhile, in the past 15 years or so, San Francisco has evolved from a Silicon Valley bedroom community into a sizable hub for tech startups. The city has 31 companies on the Cybersecurity 500 index including OneLogin, Bay Dynamics, Appthority, Okta, CloudFlare, CloudPassage and Lookout.