Jask, an Autonomous Security Operations Center (ASOC) platform, has closed a $25m Series B funding round.
The funding was led by Kleiner Perkins with participation from early investors, including Battery Ventures, Dell Technologies Capital, TenEleven Ventures and Vertical Venture Partner. It brings JASK’s total funding to $39M and comes a year it raised $12m in its Series A round.
With the new capital, Jask said it will continue to focus on platform development, increase hiring in all departments and expand global sales channels.
In conjunction with the new funding, Kleiner Perkins general partner, Ted Schlein, has joined Jask’s board of directors.
“With one of the most experienced teams in security operations, JASK understood that the biggest challenge to cybersecurity is human talent. There are not enough people skilled in attacker methods to quickly discern a real threat from a low-risk compromise,” said Schlein. “Through advanced AI and machine learning, JASK frees security analysts from onerous data review to focus on investigating and responding to the most critical threats, improving efficiency and reducing organizational risk exposure.”
Founded in 2015, Jask provides an asset-independent, open platform that gives prioritised threat information with an autonomous workflow of what, where, why and how SOC analysts should take action.
The AI and machine learning driven JASK ASOC platform automates the work of a security analyst by correlating and analysing vast amounts of data and summarizing the important information via JASK Insights, streamlined notifications that indicate a combination of events or activities that should be investigated.
“Over the past 20 years, the challenge of sifting through the deluge of alerts has been like finding the needle in a haystack,” said Greg Martin, CEO and co-founder of JASK. “SOC teams now deal with a stack of needles and need to find the sharpest one. Technology can no longer hinder them, but rather support their workflows and improve their efficiency.”
Earlier this year, Kleiner Perkins participated in IronNet Cybersecurity’s $78m Series B investment. IronNet, founded by Keith Alexander, the former director of the National Security Agency and Founding Commander of U.S. Cyber Command, and a distinguished team of national security and private sector cyber leaders. The company, which is focused on building products to reduce cyber risk and protect nations and industries from the most advanced cyber threat actors, provides IronDome and IronDefense.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
