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
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Providing secure, mobile access to sensitive data sets is a critical element in realizing the full potential of cloud computing. However, large data caches remain inaccessible to edge devices for reasons of security, size, format or limited viewing capabilities. Medical imaging, computer aided design and seismic interpretation are just a few examples of industries facing this challenge. Rather than fighting for incremental gains by pulling these datasets to edge devices, we need to embrace the i...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th 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 no time to wait for long developm...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
SYS-CON Events announced today that Catchpoint, a leading digital experience intelligence company, has been named “Silver Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Catchpoint Systems is a leading Digital Performance Analytics company that provides unparalleled insight into your customer-critical services to help you consistently deliver an amazing customer experience. Designed for digital business, C...
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, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
@ThingsExpo has been named the ‘Top WebRTC Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @ThingsExpo ranked as the number one ‘WebRTC Influencer' followed by @DevOpsSummit at 55th.
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.