PUBlished on
November 12, 2019
updated on
November 5, 2025

Obsidian Makes the CNBC 2019 Upstart 100 List

OBSIDIAN SECURITY

We are delighted to share that CNBC has included Obsidian in its 3rd annual Upstart 100, a prestigious list that showcases promising companies breaking industry barriers on the path to becoming tomorrow’s household names. Obsidian emerged as one of the most promising startups to watch from among hundreds of nominees.

In 2019, Obsidian’s cloud detection and response (CDR) solution protected cloud environments of organizations across financial, healthcare, education, telecommunications, retail and talent sectors from account takeover, insider threat and poor security hygiene. Security teams are using Obsidian to mitigate identity risk early, and detect, investigate and respond to threats in the cloud, such as compromised passwords, suspicious download activity, users bypassing single sign-on and logging into services directly, and admins not using MFA.

“We’re honored to be featured alongside up-and-coming companies going for outsized impact in their industries,” said Glenn Chisholm, co-founder and CEO of Obsidian. “Today, existing security solutions  are insufficient for detecting attacks targeting legitimate user and service accounts. Our mission is to enable organizations to defend against growing rates of account compromise by providing consolidated visibility with enriched user context. To date, we’ve built a top notch team of engineers and data scientists. We’re currently ramping up our go-to-market activities to reach more customers.”

To be selected for the CNBC Upstart 100, CNBC sought technology-driven startups that are experiencing rapid growth due to their innovative products, apps, tools or services. Companies were scored on a wide range of quantitative metrics including scalability, sales and user growth, intellectual property and more.

Thank you CNBC for recognizing how Obsidian is bringing new capabilities to the cloud security stack. Congratulations to the startups that made the list: https://www.cnbc.com/2019/11/12/100-of-the-worlds-most-promising-start-ups-to-watch-in-2019.html

Frequently Asked Questions (FAQs)

What is the CNBC Upstart 100 list and why is it significant for Obsidian?

The CNBC Upstart 100 is an annual list that highlights the most promising and innovative startups expected to become industry leaders. Obsidian's inclusion in the 2019 list signifies its strong growth and impact within the cybersecurity sector, recognizing its potential to bring transformative change to cloud security solutions.

How does Obsidian’s solution protect organizations from account compromise?

Obsidian’s cloud detection and response (CDR) solution safeguards cloud environments by continuously monitoring for indicators of account compromise, such as suspicious login behavior, bypassing single sign-on, and administrators not using multifactor authentication (MFA). By providing consolidated visibility and enriched user context, security teams can detect and respond to threats before they escalate.

What industries benefit from Obsidian’s cloud security platform?

Obsidian’s platform is used by organizations in a variety of industries, including financial services, healthcare, education, telecommunications, retail, and talent management. Its flexible, industry-agnostic approach enables broad protection for organizations that rely on cloud applications and data.

What makes Obsidian different from traditional security solutions?

Unlike traditional security tools that often miss attacks on legitimate user and service accounts, Obsidian focuses on identity risk and cloud account integrity. Its solution leverages advanced analytics and user context to catch sophisticated threats, such as insider attacks and compromised credentials, which may bypass conventional defenses.

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