Endpoint

2/12/2018
08:50 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Infocyte Series B Funding and New CEO Fuel Expansion of Threat Hunting Platform

Capital and Seasoned Fortune 500 Executive Curtis Hutcheson to Drive Rapid Growth of the Infocyte HUNT Solution for Dedicated Threat Hunting and Compromise Assessments

SAN ANTONIO – Feb. 12, 2018 – Infocyte, the threat hunting leader, today announced the close of a $5.2 million Series B funding round and welcomed seasoned Fortune 500 technology executive Curtis Hutcheson as CEO. The round, which brings the cyber threat hunting company’s total investment to $8.6M, was led by Toba Capital with participation from existing investors LiveOak Venture Partners, and Feik Enterprises. New investment and leadership is expected to drive continued company growth and demand for its flagship dedicated threat hunting and Compromise Assessment platform, Infocyte HUNT™.

“Industry reports continue to show the damage that can be inflicted by an undetected breach in an enterprise network is actually growing rather than shrinking — and the risk extends beyond the business, to insurers and regulators. Infocyte’s unique approach to the problem enables both internal ‘hunt’ teams and independent assessors to quickly find threats hidden within a network. At Toba, we believe this is a key capability missing in the current enterprise security ecosystem, especially as regulation and accountability increase,” said Vinny Smith, founder of Toba Capital.

Threat hunting has rapidly become a hot topic for the security industry. Until now, this practice has been limited to the most sophisticated security professionals in the military and top tier financial institutions who often rely on manual and time-consuming techniques to sift through analytics and behavioral data.

Infocyte HUNT is a dedicated threat hunting platform built by former military threat hunters responsible for protecting the largest and most targeted networks in the world. It leverages military grade techniques and practices in an automated platform to simplify the hunt process, and reduce the skillset requirement for hunting malware and advanced persistent threats (APTs). When prevention and security controls fail, Infocyte HUNT significantly reduces attacker dwell time—the period between infection and discovery—to deny them the ability to persist undetected, reduce business impact, and restore trust in a network’s health.

Mark Grosvenor, CTO of global insurance broker NFP, said, “We have vetted multiple vendors and products over the years and Infocyte HUNT was the first product to truly deliver on its promise of being easy to use and deploy. It has enabled us to proactively search for malware faster and more efficiently across our entire network spanning thousands of nodes and multiple locations.”

Leading Infocyte’s market expansion of its threat hunting technology is new CEO, Curtis Hutcheson. He brings a growth-oriented leadership approach to Infocyte that he has cultivated during his 25+ year career in leading technology companies. Hutcheson was most recently General Manager for Dell Security Software (acquired by Francisco Partners), which included SonicWALL network security. Hutcheson also serves on the board of Interset.

“Infocyte continues to be a leader within the threat hunting community, especially with our proactive use of live, scalable volatile memory forensic techniques. Our intent has always been to greatly simplify the threat hunting process and empower practitioners with varying skill sets to effectively hunt without specialized expertise,” said Chris Gerritz, founder and chief product officer of Infocyte. “The additional capital and new leadership enables Infocyte to scale with the growing demand for Infocyte HUNT, as well as support our growing network of partners offering Compromise Assessments using Infocyte HUNT.”

 

About Infocyte, Inc.

Developed by former US Air Force cybersecurity officers, Infocyte’s dedicated forensics-based threat hunting platform discovers the post-compromise activity of cyber attackers and malware that have bypassed other defenses. The company’s unique approach to security reduces attacker dwell time to help organizations and independent assessors defend networks and critical information. For more information visit www.infocyte.com or follow @InfocyteInc.

 

About Toba Capital

Toba Capital is an investment firm committed to helping create incredible technology companies. Toba backs businesses capable of long-term growth and teams with the potential to fundamentally shift markets for the common good. The firm takes a high-conviction, hands-on, dollar-concentrated approach to venture investing, and is unafraid to get in the boat to help row. Toba Capital was founded in 2012 by Vinny Smith.

 

About LiveOak Venture Partners

LiveOak is a $109MM Fund based in Austin, TX and was founded by Ben Scott, Krishna Srinivasan, and Venu Shamapant (all formerly of Austin Ventures). While many of LiveOak’s investments begin in the early stages, LiveOak is a full lifecycle investor focused on technology and technology-driven service companies based in Texas. With over 16 years of successful early stage investing in Texas, the Founders of LiveOak have helped entrepreneurs create industry-leading companies, such as Spatial Wireless (acquired by Alcatel-Lucent), Navini Networks (acquired by Cisco Systems), LifeSize Technologies (acquired by Logitech) and Mavenir Systems (NYSE: MVNR), and StackEngine (Acquired by Oracle).

 

Media Contact:

Jessica Ann Morris, Public Relations                         

Phone: 781-608-0499                                                

Email: [email protected]             

 

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
The Year in Security 2018
This Dark Reading Tech Digest explores the biggest news stories of 2018 that shaped the cybersecurity landscape.
Flash Poll
How Enterprises Are Attacking the Cybersecurity Problem
How Enterprises Are Attacking the Cybersecurity Problem
Data breach fears and the need to comply with regulations such as GDPR are two major drivers increased spending on security products and technologies. But other factors are contributing to the trend as well. Find out more about how enterprises are attacking the cybersecurity problem by reading our report today.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2016-10739
PUBLISHED: 2019-01-21
In the GNU C Library (aka glibc or libc6) through 2.28, the getaddrinfo function would successfully parse a string that contained an IPv4 address followed by whitespace and arbitrary characters, which could lead applications to incorrectly assume that it had parsed a valid string, without the possib...
CVE-2019-6499
PUBLISHED: 2019-01-21
Teradata Viewpoint before 14.0 and 16.20.00.02-b80 contains a hardcoded password of TDv1i2e3w4 for the viewpoint database account (in viewpoint-portal\conf\server.xml) that could potentially be exploited by malicious users to compromise the affected system.
CVE-2019-6500
PUBLISHED: 2019-01-21
In Axway File Transfer Direct 2.7.1, an unauthenticated Directory Traversal vulnerability can be exploited by issuing a specially crafted HTTP GET request with %2e instead of '.' characters, as demonstrated by an initial /h2hdocumentation//%2e%2e/ substring.
CVE-2019-6498
PUBLISHED: 2019-01-21
GattLib 0.2 has a stack-based buffer over-read in gattlib_connect in dbus/gattlib.c because strncpy is misused.
CVE-2019-6497
PUBLISHED: 2019-01-20
Hotels_Server through 2018-11-05 has SQL Injection via the controller/fetchpwd.php username parameter.