Welcome!

News Feed Item

CounterTack Closes Series B Financing at $20 Million with $5 Million in Funding from Razor’s Edge Ventures

CounterTack, a pioneer in delivering real-time endpoint threat detection, context and visibility around targeted attacks, today announced it has added an additional $5 million to extend its Series B financing round for a total raise of $20 million.

This additional investment will help CounterTack continue to scale its business to meet customer and partner demand in the Federal sector, as well as continued Commercial sector penetration. Razor’s Edge Ventures now joins an investment syndicate that includes Goldman Sachs, the Venture Capital unit of Siemens (SFS VC), Fairhaven Capital and OnPoint Technologies, the venture capital arm of the U.S. Army.

“CounterTack’s innovative approach to endpoint threat detection and response helps significantly close the time delta between breach and remediation,” said Mark Spoto, managing director, Razor’s Edge Ventures. “Legacy endpoint solutions are completely ineffective against the current cyber threat landscape such as advanced persistent threats and zero-day exploits. Government organizations and commercial enterprises now suffer constant cyber duress. Intelligence, defense, homeland security and law enforcement organizations are demanding advanced solutions that provide real-time detection and forensic-level analysis and enable them to identify and counter global cyber attacks as they are happening. CounterTack’s Sentinel product meets that need.”

“We’ve succeeded in delivering a truly enterprise-class product to our growing list of customers and partners, and we continue to be oversubscribed in interest from the investment community,” said Neal Creighton, president and CEO, CounterTack. “The endpoint threat detection and response market is all about detecting advanced threats and responding intelligently so that security teams can prioritize incidents – CounterTack represents the new breed of innovation, and is emerging as the leader in this two-company race with Mandiant.”

CounterTack is experiencing unprecedented growth in 2014, driven by rising demand for its enterprise-class endpoint security platform, CounterTack Sentinel. With Sentinel, the company has delivered the most scalable enterprise endpoint security platform on the market. CounterTack was recently named to the list of “Cool Vendors” in the Gartner Cool Vendors for Application and Endpoint Security 2014 report. The company also recently announced its CounterTack CyberPath Partner Program to enable channel, alliance and MSSPs to distribute Sentinel worldwide, and has received two additional patents, totaling six owned, for innovation built into CounterTack Sentinel.

About CounterTack

CounterTack's real-time endpoint threat detection and response platform, CounterTack Sentinel, delivers unprecedented visibility and context to enterprise security teams around targeted, persistent threats. CounterTack dramatically reduces the impact of advanced attacks, providing real-time, behavioral-based intelligence on attacker activity upon infiltration, so organizations can defend their business leveraging Sentinel's contextual attack evidence for a rapid, prioritized response.

By combining 'stealthware' technology and Big Data analytics, CounterTack turns the tables on attackers, giving security teams and incident responders an advantage over their adversaries to make better security decisions with real-time, automated, forensic-level analysis. CounterTack is revolutionizing how companies defend their endpoints -- across the enterprise.

To learn more, visit www.countertack.com.

About Razor’s Edge

Razor's Edge is a venture capital fund based in Herndon, Virginia founded by a group of entrepreneurs and executives from the national security industry. Razor’s Edge invests in, and partners with, private technology companies serving the national security market exclusively or in combination with other commercial and government markets. The Fund has a unique understanding of the national security community's strategic priorities, and works tirelessly to identify and deliver disruptive technologies capable of advancing critical mission needs. For more information, visit www.razorsvc.com.

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
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more than 24 years of IT Operations experience with a focus on highly-scalable architectures.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.