Confluera, a cybersecurity startup that helps corporations autonomously detect and observe assaults in actual time, has raised $21 million in a collection B spherical of funding led by Icon Ventures. The increase comes amid studies that cyberattacks have surged by at least a third throughout the COVID-19 crisis, with dangerous actors capitalizing on the variety of individuals working from dwelling on unsecured networks.
Founded in Palo Alto, California in 2018, Confluera is getting down to “turn security analysts into cyber defenders” by serving to them cease breaches earlier than they wreak havoc on an organization’s programs. Spanning every little thing from focused assaults to malicious insiders, Confluera is maybe much less about retaining attackers out than recognizing them as soon as they’re on an organization’s community. Without such intervention, cybercriminals can spend months inside an organization’s programs, stealthily on the lookout for the perfect routes towards their remaining goal.
Above: Confluera — monitoring an assault by means of its life cycle
As with many automated cybersecurity instruments, Confluera frees up human safety personnel to give attention to extra necessary work, as a substitute of spending hours attempting to hitch the dots between the hundreds of alerts they obtain each day — a lot of that are false positives. Given the much-discussed cybersecurity abilities hole, automation can play an important position in giving safety operations groups the bandwidth to sort out real threats.
Confluera has some notable names at its helm, together with cofounder and board chair Bipul Sinha, who can also be CEO of cloud information administration large Rubrik. Sinha can also be a accomplice at Lightspeed Venture Partners, which led Confluera’s collection A spherical final summer season and took part in its newest increase. Cofounder and CEO Abhijit Ghosh was beforehand director of engineering at Juniper Networks.
Confluera had beforehand raised $9 million. The recent money injection will enable it to develop its platform and “deterministically identify and stop ongoing complex, multi-stage cyberattacks,” based on an announcement.