Analytics //

Security Monitoring

6/28/2016
03:30 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

PacketSled Secures $5M in Series A Financing

Continuous security monitoring company to aggressively accelerate sales, marketing, and execution of product roadmap

SAN DIEGO, CA - PacketSled, the company that democratizes security investigations and response by providing its customers with automated network visibility, detection, incident response and forensics in the cloud, announced today that it has completed a $5 million Series A round of financing. Keshif Ventures led the investment with participation from existing and new investors from Blu Ventures and JHS Ventures. The investment will allow PacketSled to aggressively expand its sales and marketing initiatives while continuing to grow the engineering and operations components of the business in both San Diego and Seattle.

The Series A financing builds on an exceptional year for PacketSled, which saw a rapidly growing roster of new customers, key executive appointments, and market momentum in the cybersecurity sector. PacketSled appointed industry veterans from Splunk and Rapid7 to its executive ranks, and its client roster grew to include major organizations from financial services, government, healthcare, defense and aerospace, and online services.

"PacketSled enabled us to obtain immediate visibility into a series of extremely advanced cyber attacks on our infrastructure, identifying the nature of the problem. We now use the PacketSled platform to continuously monitor our environment to keep the city, its citizens, and employees safe," said Gary Hayslip, CISO, City of San Diego.

“PacketSled is solving serious cybersecurity challenges in the enterprise, including talent shortage, security alert fatigue, and a massive communication barrier between security operations and the rest of the business,” said Taner Halicioglu, General Partner at Keshif Ventures. “Being able to show customers instantaneous security value - within minutes of using our product - is something that simply wasn’t possible until recently. PacketSled presents an extremely compelling platform for executives to get visibility into governance and compliance issues while also providing incident responders with the ability to investigate, hunt, and validate anything in their environment.”

The PacketSled platform provides ultimate visibility and context into network traffic, telling the real story of how cybersecurity threats are operating within the enterprise. At the heart of PacketSled’s solution is its IRES (Incident Response Expert System) technology, which utilizes expert systems to automate the process of threat hunting, validation, and incident response. PacketSled enables its customers to:

·         Deploy and gain visibility into their network in minutes.

·         Continuously monitor all environments for security and compliance issues.

·         Democratize and automate the art of detection and response across the market.

·         Simplify security incidents and compliance metrics in a manner that can be understood by anyone in the business.

“Customers have real problems getting the visibility and context that they need in order to make informed decisions about how to handle security incidents. By automating the hardest parts of the investigative process and visualizing the problem for customers, we’re enabling the business to understand their risk at a level that they have previously been unable to obtain,” said Matt Harrigan, PacketSled’s CEO. “This investment will enable us to make additional key hires in sales, engineering, and operations while we take on new marketing initiatives.

About PacketSled

PacketSled fuses immutable network truth,with expert knowledge to provide continuous monitoring, automated detection, and response capabilities.  PacketSled enables compliance and governance organizations to deeply understand areas that need attention, in real-time and historically. The company is privately funded, with offices in San Diego, California, and Seattle, Washington. To learn more about PacketSled, visit https://packetsled.com

About Keshif Ventures

Keshif Ventures is a San Diego based investment firm that partners with entrepreneurs to build companies that take advantage of economies of scale in cloud, big data, and analytics with verticals ranging from cybersecurity to social media, marketing, and energy

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
To Be Ready for the Security Future, Pay Attention to the Security Past
Liz Maida, Co-founder, CEO & CTO, Uplevel Security,  9/18/2017
1.9 Billion Data Records Exposed in First Half of 2017
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/20/2017
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: Jan, check this out! I found an unhackable PC.
Current Issue
Security Vulnerabilities: The Next Wave
Just when you thought it was safe, researchers have unveiled a new round of IT security flaws. Is your enterprise ready?
Flash Poll
[Strategic Security Report] Assessing Cybersecurity Risk
[Strategic Security Report] Assessing Cybersecurity Risk
As cyber attackers become more sophisticated and enterprise defenses become more complex, many enterprises are faced with a complicated question: what is the risk of an IT security breach? This report delivers insight on how today's enterprises evaluate the risks they face. This report also offers a look at security professionals' concerns about a wide variety of threats, including cloud security, mobile security, and the Internet of Things.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.