IntSights Closes Series C Funding to Further Invest in Algorithmic Threat Intelligence Capabilities and Accelerate Global Expansion
June 21, 2018
IntSights Cyber Intelligence, the leading provider of enterprise cyber risk analytics, threat intelligence and mitigation solutions that automate proactive defense, today announced a Series C funding round. Led by Tola Capital, the $17 million Series C round will fuel IntSights ability to deliver data-mining algorithms that provide threat reconnaissance of enterprise customers’ presence on the deep and dark web. Additionally, the funds will be applied to drive expansion into new global markets including the Asian Pacific, Middle Eastern and South American theaters. Tola joins existing investors Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, and ClearSky Security and brings the total capital raised by IntSights to date to $40 million.
“The time is now to deliver cyber risk and threat intelligence solutions that help customers identify and remediate external threats targeting their organization, their customers and their partners,” said Guy Nizan, CEO and Co-founder of IntSights Cyber Intelligence. “Cyber-attacks are driven by humans who leave footprints and breadcrumbs as they plan their attack. Enterprises need tailored intelligence that looks beyond the firewall to see the indicators of attack their cyber adversaries leave and understand how, why and when they plan to attack. This new round of funding will fuel further investment in our cyber reconnaissance capability and global expansion, allowing us to bring the power of tailored intelligence to enterprises around the globe.”
Launched in 2015 by Guy Nizan, CEO, Alon Arvatz, CPO, and Gal Ben-David, CTO, IntSights Cyber Intelligence emerged on the market as one of the first threat intelligence platforms to aggregate threat intel and enable enterprises to take action based on that tailored reconnaissance and analysis. IntSights’ Enterprise Threat Intelligence and Mitigation Platform was recently recognized by Forrester Research in its "New Tech: Digital Risk Protection, Q2 2018” report for its digital risk reconnaissance capability.
The business is experiencing 210% growth in its customer base and is protecting over 20 of the Fortune Global 500 enterprises, across the financial services, automotive, telecom, apparel, and gaming industries. With offices in Amsterdam, Boston, Dallas, New York, Tokyo, and Singapore, and over 15 strategic partners and 40 reseller partners worldwide, IntSights has a network in place to support its growing list of global enterprise customers.
“Traditional threat intelligence solutions have failed to deliver the advantage promised to enterprise customers and their security teams,” said Sheila Gulati, Managing Director of Tola Capital. “Today, CISOs want to understand what risks are coming and take a proactive stance, as well as determine what sensitive assets are already exposed. By leveraging a data and software enabled approach, security teams can prepare for upcoming attacks and prevent future attacks. IntSights is leading a new era in cyber risk analytics and threat remediation innovation. We are thrilled to be working with Guy and his team to bring enterprise customers the solution they need and want.”
The IntSights Enterprise Threat Intelligence and Mitigation Platform utilizes unique cyber reconnaissance capabilities and patented big data-mining algorithms to continuously scan the surface, deep and dark web to deliver actionable, contextual reconnaissance about potential threats targeting a customers’ industry, their operational assets and processes, employees, and digital footprint.
IntSights is redefining cyber security with the industry’s first and only enterprise threat management platform that transforms tailored threat intelligence into automated security operations. Our groundbreaking data-mining algorithms and unique cyber reconnaissance capabilities continuously monitor an enterprise's external digital profile across the surface, deep and dark web, categorize and analyze tens of thousands of threats, and automate the risk remediation lifecycle -- streamlining workflows, maximizing resources and securing business operations. This has made IntSights’ one of the fastest growing cybersecurity companies in the world. IntSights’ has offices in Amsterdam, Boston, Japan, New York, Dallas and Tel Aviv. To learn more, visit: https://www.intsights.com.
About Tola Capital:
Tola Capital is a venture capital firm that focuses on the opportunity to invest in the next wave of enterprise software companies. The firm provides both capital and hands-on engagement to support the growth of its portfolio companies. Tola Capital targets software companies with essential products for enterprise companies, a solid existing customer base, a strong competitive position, and great talent and culture. Tola Capital invests globally and across multiple stages. www.tolacapital.com
Jonathan W. Daly
VP, Global Marketing
IntSights Cyber Intelligence