IntSights Cyber Intelligence, a New York-based cybersecurity company, has raised $17m through its Series C funding round.
Tola Capital led the round, joining existing investors Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, and ClearSky Security. It brings the total capital raised by IntSights to date to $40m.
Launched in 2015 by Guy Nizan, CEO, Alon Arvatz, CPO, and Gal Ben-David, CTO, IntSights Cyber Intelligence is a provider of enterprise cyber risk analytics, threat intelligence and mitigation solutions that automate proactive defense
The company plans to use the capital to fuel it cyber reconnaissance capability and its global expansion.
“Cyber-attacks are driven by humans who leave footprints and breadcrumbs as they plan their attack, said Nizan. “Enterprises need tailored intelligence that looks beyond the firewall to see the indicators of attack their cyber adversaries leave and understand how, why and when they plan to attack.”
Its Enterprise Threat Intelligence and Mitigation Platform utilises cyber reconnaissance capabilities and patented big data-mining algorithms to continuously scan the surface, deep and dark web to deliver actionable, contextual reconnaissance about potential threats targeting a customers’ industry, their operational assets and processes, employees, and digital footprint.
The business is protecting over 20 of the Fortune Global 500 enterprises, across the financial services, automotive, telecom, apparel, and gaming industries. It has offices in Amsterdam, Tokyo, Singapore, Dallas, and Boston.
“Traditional threat intelligence solutions have failed to deliver the advantage promised to enterprise customers and their security teams,” said Sheila Gulati, managing director of Tola Capital.
“Today, CISOs want to understand what risks are coming and take a proactive stance, as well as determine what sensitive assets are already exposed. By leveraging a data and software enabled approach, security teams can prepare for upcoming attacks and prevent future attacks. IntSights is leading a new era in cyber risk analytics and threat remediation innovation.”
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
