Welcome!

News Feed Item

Confer Introduces World's First Cyberthreat Prevention Network and Announces $8 Million in Series A Funding

Built on an open threat-sharing platform, Confer protects servers, laptops and mobile devices from sophisticated cyberattacks

WALTHAM, Mass., Jan. 15, 2014 /PRNewswire/ -- Confer, the first company to offer endpoint security via an open, threat-based, collaborative platform, today announced the company and its service offering. Confer has developed the world's first cyberthreat prevention network that secures servers, laptops and mobile devices from cyberattacks. Built on a wirespeed, standards-based, threat-sharing platform, Confer allows companies to efficiently collect and share threat intelligence, enabling better protection while providing visibility into the behavior and intent of attackers, without requiring complex tools and deep security expertise. The company has secured $8 million in Series A funding from Matrix Partners and North Bridge Venture Partners.

(Logo:  http://photos.prnewswire.com/prnh/20140115/NE46445LOGO)

Today's enterprises face organized, financially motivated attackers, whose rapidly evolving tactics, techniques and procedures (TTPs) easily outpace traditional signature-based security solutions. In addition, shifts in the way we work—such as borderless networks, software as a service (SaaS) and bring your own device (BYOD) policies—mean that organizations must defend an ever-growing attack surface. These realities call for a new approach to protecting servers, laptops and mobile devices against cyberthreats. Confer takes a collaborative approach to cybersecurity that focuses on understanding the attacker across the entire Confer user community, rather than simply an individual attack. The analysis of attacker behavior makes clear the broader context of an attack, and that, in turn, enables better protection.

"To date, all of the industry's attempts to defend servers and endpoints have overlooked their potential as one of the richest sources for understanding the behavior of threat actors," said Tim Barrows, general partner at Matrix Partners. "Well-resourced security organizations have moved to a collaborative, threat-based model, sharing information with one another. Confer automates this threat-sharing process and allows a much broader community to benefit from this approach."

"The fact that the vast majority of companies today do not even know when they are breached, let alone when they're the subject of a concerted attack highlights the need for more comprehensive security visibility across the enterprise," said Jim Moran, general partner at North Bridge Venture Partners. "As our pilots with small organizations up to global multinationals showed, organizations will now have a simple, easy way to harness the power of big data analytics to prevent attacks before they occur and put the balance of power firmly back in the hands of the good guys."

Confer's cyberthreat prevention network is a SaaS-managed, host-based system. It prevents malware and advanced attacks via lightweight, cross-platform sensors that feed a big data analytics and sharing platform. Confer runs on Microsoft Windows, Android and Apple Macintosh-based systems, installs in less than a minute and, once installed, is managed completely from the cloud. Confer works from anywhere, continuously monitoring and protecting servers and endpoints regardless of whether they are inside or outside of the network perimeter. This strategic, threat-based approach offers users a rich, contextual understanding of attacker behavior that helps them understand who is attacking them and why.

"Attackers are efficient in designing malware that can evade traditional endpoint security controls.  Defenses need to move beyond signatures to stop specialized threats," said Charles Kolodgy, research vice president at IDC.  "Solutions like those offered by Confer, which IDC calls Specialized Threat Analysis and Protection (STAP), are emerging to fill the gap.  STAP solutions leverage a variety of techniques to collect information around behavior, communication activity, reputation, and other factors to detect the seemingly undetectable.  It's a promising approach that companies should consider to identify the unknown before it becomes a problem." 

Confer is led by co-founders CEO Mark Quinlivan, Chief Technology Officer Jeff Kraemer, and Vice President of Products Paul Morville. The $8 million venture capital investment will fund further product development and expansion of the company's marketing and sales operations.

Trials of Confer are underway at enterprises in the finance, defense, pharmaceutical and information technology industries. For more information about Confer and to learn about the company's 60-day trial offer, please visit www.confer.net or contact [email protected].

About Confer
Confer developed the world's first cyberthreat prevention network that secures servers, laptops and mobile devices from advanced cyberattacks. Built on an open, wirespeed, threat-sharing platform, Confer enables companies to secure the enterprise with an intelligence-driven, threat-based defense, without requiring complex tools and deep security expertise. For more information, visit www.confer.net.

SOURCE Confer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...