Infocyte Secures $3.4M Series A Funding To Make Threat Hunting A Standard Enterprise Practice

By   ISBuzz Team
Writer , Information Security Buzz | Jan 11, 2017 04:26 am PST

Innovative, Automated Threat Hunting Solution Enables Enterprise Security and IT Pros to Easily Detect Hidden Malware and Threats

SAN ANTONIO, TX. Infocyte, an enterprise malware and threat hunting technology leader, today announced it closed a $3.4 million Series A funding round. It is led by LiveOak Venture Partners, an early-stage venture capital firm with more than $109M invested in Texas-based companies, and a syndicate of investors that include Feik Enterprises, and Hollis Family Partnership. LiveOak General Manager, Venu Shamapant, and Nicolas Hollis, CEO of Coherent Cyber, LLC., will join the Infocyte Board of Directors.

“The Infocyte team has leveraged deep domain expertise gained from years in national cyber defense to develop an innovative and proven solution that automates threat hunting,” said Venu Shamapant, General Partner, LiveOak Venture Partners. “We are excited to partner with Infocyte to bring threat hunting to a wider enterprise audience.”

With daily headlines detailing the latest hacks, many of which exist for years before discovery, and a stream of new threats finding ways to evade current security controls, organizations have begun adopting practices to proactively “hunt” for malicious software and users hidden in their networks. Commonly known as threat hunting, until now this practice has been limited to the most sophisticated security professionals in the military and top tier financial institutions. The Infocyte HUNT™ platform automates the hunt process and reduces the skillset requirement, enabling any enterprise security or IT professional to rapidly find malware and advanced persistent threats (APTs) lurking within their network undetected.

“The truth is many companies are hacked and don’t even know it,” said Chris Gerritz, Founder of Infocyte. “Investors recognize that our progressive approach to automated enterprise threat hunting empowers organizations to be proactive in discovering and dealing with security breaches.”

The Infocyte HUNT platform automates a traditionally services-heavy forensic collection and analysis process, empowering an organization’s own IT and security teams to discover if malware or hackers are present on networked devices (i.e. workstations and servers, both physical and virtual). Infocyte HUNT reduces the breach detection gap—the time that exists between infection and discovery—denying attackers the ability to persist undetected, restoring trust in a network’s health.

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