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ThreatWarrior declares around $10 Million Series A Funding Led by Ecliptic Capital, CrowdStrike Falcon Fund, and Alumni Ventures Group

ThreatWarrior, a specialist in cloud-native network threat intelligence, announced the completion of a $10 million Series A round funding led by Ecliptic Capital. CrowdStrike Falcon Fund and Alumni Ventures Group were among the investors in the oversubscribed round. This new fund will be utilised to help the organization accelerate its progress, support product development, and enhance its go-to-market strategy.

ThreatWarrior’s threat intelligence platform assists security analysts in intelligently prioritizing and triaging warnings, delivers detailed and actionable information throughout the company, substantially reducing false positives and alert fatigue. The AI-powered solution allows clients to view everything that is going on across their company while also boosting threat analysis, investigation, and actions on all threat activity.

“The fundamental shift toward cloud computing and hybrid deployment models has exposed companies across all industries to increasingly sophisticated cyberattacks. Our platform provides the real-time intelligence and predictive analysis organizations need to stay ahead of bad actors, wherever they strike. When attacks do surface, ThreatWarrior cuts through the noise and helps security teams focus on actual threats – not false alarms. That’s the way cybersecurity should be,” said Bruce Coughlin, CEO at ThreatWarrior.

“ThreatWarrior is helping solve a critical problem in the cybersecurity industry — a lack of contextual intelligence and visibility across the enterprise, including public cloud environments. ThreatWarrior aggregates intelligence, analyzes behavior and correlates context on-premises and in the cloud to identify attacks wherever they occur. CrowdStrike is proud to support continued innovation in the cybersecurity industry by participating in ThreatWarrior’s Series A,” said Michael Sentonas, Chief Technology Officer at CrowdStrike.

“We are proud to be long-term partners for the companies we invest in, and we are thrilled to lead the Series A for ThreatWarrior. ThreatWarrior has built a stellar leadership team with deep experience in delivering best-in-class products and services. Their platform provides contextualized alerting that eliminates the noise allowing the security team to prioritize response to the alerts that matter. Its network behavioral analysis is addressing head-on the critical market need and its category-creating Supply Chain Threat Detection offering couldn’t be more timely,” said Adam Lipman, Co-founder and Managing Partner at Ecliptic Capital.

Cybereason Raises $275 Million in Crossover Financing to Expand Its XDR Leadership Globally

Cybereason, the specialist in operation-centric cyber attack protection, declared that it has raised $275 million in financing led by Liberty Strategic Capital, with contributions from Irving Investors, certain Neuberger Berman Investment Advisers LLC funds, and Softbank Vision Fund 2. The company’s success as the foremost inventor in offering XDR, EDR, EPP, and anti-ransomware solutions is validated by this latest round of funding. The funds will be used to support Cybereason’s hypergrowth, which has been driven by strong market demand for its AI-powered Cybereason Defense Platform. Softbank Group, CRV, Spark Capital, and Lockheed Martin previously invested $389 million in the company.

The Cybereason Defense Platform, unlike typical alert-centric models, is operation-centric, exposing and terminating complete “malicious actions” (MalOps). A MalOp discovered by Cybereason isn’t just another warning; it’s a fully contextualized view of all components of a cyberattack as it progresses across an organization. Because today’s experienced cybercriminals construct cyberattack operations rather than single-target attacks, the ability to detect MalOps is critical to successfully combating current cyber threats, particularly advanced ransomware. The attacker’s goal is to spread malware across the entire organization, and they’re well-organized and funded.

“Cybereason is fast becoming the global leader in cyber defense technology, and we could not be more pleased to make this extraordinary innovator the first addition to Liberty Strategic Capital’s portfolio. Cybereason has established itself as a visionary in prevention, detection and response, and Liberty Strategic Capital is excited to partner with the Cybereason team in their cutting-edge work to defend critical information networks, businesses, and governments around the world against the growing danger of cyber attacks. We are confident in Cybereason’s ability to deliver a superior product to customers and provide best-in-class critical infrastructure defense.” said Secretary Mnuchin, Founder and Managing Partner of Liberty Strategic Capital.

“Over the past year, we’ve experienced hypergrowth across the globe as defenders recognize that ending advanced attacks isn’t possible using solutions that rely on meaningless alerts and human intervention. Existing – even ‘next-gen’ – solutions are fundamentally flawed, creating the dynamic we have today where the defender is constantly struggling to keep pace with attackers. Unlike our prolific alert-generating competitors, Cybereason takes an approach that enables defenders to end malicious operations instantly, resulting in the most comprehensive prevention, detection and response solution on the market. This is how we are returning the high ground to the defenders – and we are just getting started,” said Lior Div, CEO and co-founder of Cybereason.