Welcome!

News Feed Item

Pythian Raises $6 Million to Help Retailers Eliminate Data Security Breaches

Pythian, the global leader in data management consulting and services, announced today that it raised $6 million to expand the market reach of Adminiscope, its data security solution, to help retailers eliminate data security breaches. As global corporations continue to collect, store, and monetize massive amounts of sensitive data, they’re increasingly turning to Pythian to secure their infrastructures, especially from internal threats. Investors include the Business Development Bank of Canada (BDC) and Royal Bank of Canada (RBC).

“It’s clear there’s an appetite out in the marketplace for greater data security measures among all organizations, especially retailers who have to protect sensitive customer financial information,” said Paul Vallée, Founder and Executive Chairman at Pythian. “The recent challenges continue to underscore the need for solutions like Adminiscope, and strengthen our resolve to ensure our clients operate with the highest level of security and accountability. Our technology offers organizations and their customers unwavering confidence in their data’s security. With this investment, we will bring our solution to more retailers large and small, and help them increase consumer confidence and protect their brand.”

Adminiscope, a software-as-a-service (SaaS) privileged session management solution, secures access to enterprise systems, cloud infrastructures, databases, servers, and applications, and enables stakeholders to monitor and record in real time all privileged activity performed across an IT infrastructure. Database Trends and Applications magazine recently named Adminiscope to its list of Trend-Setting Products for 2014 in the data management and analysis space.

“Today’s announcement is not only a testament to RBC’s active focus on this innovative and simplified sector that is creating tremendous reach for business owners scaling for growth, but it demonstrates the bank’s long-standing track record when it comes to providing customized solutions that meet the complex needs of our customers,” said Andrew Arnott, Vice President of Knowledge Based Industries at RBC. “That’s why we are proud to partner with Pythian to help tackle some of the more serious issues plaguing clients in today’s wired and increasingly wireless world.”

Adminiscope, Pythian’s leading product offering, secures privileged access to more than 5,000 systems and is expected to protect 10,000 systems by the end of 2014. Pythian’s Adminiscope is offered in three editions. The enterprise version allows customers to monitor and record all privileged user activity within a system, and it stores the records for up to seven years. Adminiscope also allows companies to view activity in real time, as well as record, audit, alert, and restrict internal and external users from applications and privileged access. These functionalities give customers with sensitive data complete control and visibility over their data assets.

“We are convinced that Pythian has what it takes to grow and move to the next level in terms of accelerating the adoption of its data security solutions,” said Cyril Cochrane, Managing Director with BDC’s Subordinate Financing division. “We are always excited about finding and supporting the next generation of high-growth Canadian companies that are well positioned to take on new, global markets.”

Pythian specializes in consulting on and managing mission-critical data infrastructures. More than 1,000 companies have turned to Pythian for answers about Oracle, MySQL, Microsoft SQL Server, big data, and enterprise infrastructures.

About Pythian

Pythian is a global leader in data outsourcing and managed services. Pythian blends the world’s leading data experts with advanced, secure service delivery processes to create the industry’s best standard of care for its clients. Since 1997, Pythian has managed some of the world’s largest, most business-critical data infrastructures for companies such as American Apparel and Urban Outfitters. Learn more about Pythian and its elite data experts at http://www.pythian.com, follow @Pythian, and find Pythian on LinkedIn at http://linkd.in/pythian.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"Loom is applying artificial intelligence and machine learning into the entire log analysis process, from start to finish and at the end you will get a human touch,” explained Sabo Taylor Diab, Vice President, Marketing at Loom Systems, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
After more than five years of DevOps, definitions are evolving, boundaries are expanding, ‘unicorns’ are no longer rare, enterprises are on board, and pundits are moving on. Can we now look at an evolution of DevOps? Should we? Is the foundation of DevOps ‘done’, or is there still too much left to do? What is mature, and what is still missing? What does the next 5 years of DevOps look like? In this Power Panel at DevOps Summit, moderated by DevOps Summit Conference Chair Andi Mann, panelists loo...
"Tintri focuses on the Ops side of the DevOps, which basically is pushing more and more of the accessibility of the infrastructure to the developers and trying to get behind the scenes," explained Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discussed...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, highlighted the current challenges of these transformative technologies and shared strategies for preparing your organization for these changes. This “view from the top” outlined the latest trends and developments i...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"We focus on composable infrastructure. Composable infrastructure has been named by companies like Gartner as the evolution of the IT infrastructure where everything is now driven by software," explained Bruno Andrade, CEO and Founder of HTBase, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...