The CEO of hot cybersecurity startup Expanse explains how he went from DARPA to raising a new $70 million round

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The CEO of hot cybersecurity startup Expanse explains how he went from DARPA to raising a new $70 million round
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Expanse was founded by former DARPA contractors. It closed $70 million in a Series C funding. CEO Tim Junio explains what makes Expanse different.

VCs say these 30 cybersecurity startups will blow up in 2019Junio and Kraning started to raise money while still contractors at DARPA — they wanted to start building prototypes of their big dea.

"Each of us had a sense that working at DARPA, we were able to do meaningful and impactful work, but we didn't own the whole process because we were contractors and consultants," Junio said."Someone else would make the resourcing decisions." Junio says from DARPA, he learned about how to try new things until you hit on a solution that's just right. He says that in the world of software, where there are many copycats, you always have to be willing to invest in that kind of experimentation.

"In enterprise, I think that big software companies rip off smaller ones all the time," Junio said. There's a lot of mimicry. You can't survive based on one breakthrough in enterprise software. You have to continue to do new things. It's deep in our DNA to almost do the pattern of what we were doing at DARPA on iterating on an idea.

"The problem we're going after is just so big," Junio said."I think it's going to be pretty competitive. We're the first to invent this software solution."simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

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