SECDO Completes $10M Funding to Revolutionize Security Incident ResponseSECDO Completes $10M Funding to Revolutionize Security Incident Response
Investment was led by the Rafael Development Corporation (RDC) and Check Point Co-founder & Chairman Marius Nacht
December 23, 2016
New York, NY– December 6th, 2016 – SECDO, a pioneering provider of Next-Generation Incident Response solutions, announced today that it has completed a Series A funding round, bringing total investment to $10M. The investment was led by RDC, a subsidiary of Elron and Rafael; Marius Nacht, co-founder and chairman of Check Point; and the founders of Anobit, acquired by Apple. The funding will be used to expand US sales operations, customer support, and the R&D center.
SECDO is transforming the way global enterprises handle incident response, enabling them to investigate and remediate complex threats in minutes. The SECDO platform is the only solution that combines continuous endpoint data collection and automated forensic investigation with the most powerful set of tools for remediating threats immediately. The platform provides comprehensive insight into endpoint activity and the ability to instantly investigate any lead from any source. For Global 2000 companies in industries from finance and healthcare to telecom and critical infrastructure, it simplifies and streamlines incident response dramatically while enabling them to respond accurately to every alert in record time.
“Incident response technology is constantly evolving,” said Marius Nacht. “Enterprises now realize that effective incident response requires a combination of endpoint visibility, forensic analysis and real-time response tools. SECDO is able to provide this in a simple and intuitive way and from a single pane of glass.”
“SECDO is redefining incident response,” said Zohar Rosenberg, VP Cyber Investments at Elron. “While existing solutions are still focused on managing playbooks and processes, SECDO is the only platform that automates deep forensic collection, investigation and remediation that replicates military-grade incident response. With SECDO, security teams are finally able to handle all incoming alerts in a fraction of the time,” he continued.
CTO & Co-founder, Gil Barak (left), and CEO & Co-founder, Shai Morag (right)
“After major investments in solutions that try to prevent or detect threats, the industry’s focus is shifting to incident response. Security teams are overwhelmed with alerts and are unable to respond effectively due to limited resources and the complexity of forensic collection and analysis,” said Shai Morag, CEO and Co-Founder of SECDO. “With SECDO, security teams can instantly investigate any lead and take immediate action to isolate and remediate the threat. With this latest round of investment, we will continue to develop our patent-pending technology while expanding our sales and support operations in the US.”
SECDO transforms the way global enterprises handle incident response, allowing security teams to investigate and remediate complex threats in minutes. The SECDO Next Generation IR platform automates endpoint forensic analysis and cyber investigations to lower the skills barrier and make security teams more effective. With SECDO, enterprises and MSSPs can instantly get the full story behind every alert and respond immediately with the most powerful set of remediation tools available. SECDO was founded in 2014 by cyber security experts from the Israeli intelligence unit 8200, and has offices in New York and Israel. Learn more at www.sec.do
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