Blue Hexagon, a deep learning platform protecting companies from cyberthreats, has received $31m in funding from Benchmark and Altimeter.
In conjunction with the funding, the company launched its real-time, deep learning cybersecurity platform for network security.
The platform is capable of detecting known and unknown threats at first encounter within customer environments. Through its tests, the technology nearly achieved a 100 per cent detection rate against daily malware samples and automatically delivering a verdict and blocking the threats, the company claims.
Its solution was built in conjunction with Amazon Web Services and can help businesses to increase the time of detection, improve detection rates, lower false positives, and provide near real-time prevention by leveraging endpoints, firewalls, and web proxies, to block malicious traffic at the network or application.
Blue Hexagon CEO Nayeem Islam said, “With four new, unique malware samples released every second, traditional security methods can’t keep pace with the speed and scale of hacker innovation.
“A new approach is needed, and recent advancements in deep learning make it the ideal technology to address the velocity and volume of attacks. Blue Hexagon is applying our expertise in deep learning to detect network threats at all times, in sub-seconds, and at wire speed.”
Last year, Altimeter Capital participated in the $450m growth funding round of Snowflake Computing. The company enables businesses to bring all of their data to a single location which can be used for analysis and reporting needs.
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