AI to Hunt Security Threat

August 25th, 2017 by admin Leave a reply »

Versive which is based in Seattle recently raised  $12.7 million in a round of funding from Goldman Sachs, Formation 8, Madrona Venture Group and Vulcan Capital. Total investment till date is $54.7 million.

Versive Security Engine is the firm’s products which uses artificial intelligence (AI) technologies for critical threats involving networks and the data. As per the CEO Joseph Polverari, product is “an intelligent, automated threat-hunting solution, built on Versive’s award-winning, enterprise-scale artificial intelligence platform,”

“The Versive Security Engine was developed specifically to help cyber security practitioners effectively harness the power of AI to detect, identify, and mitigate advanced adversaries in ways not previously possible,” continued Polverari.

Versive has also announced a strategic partnership with big data and machine learning specialist Cloudera. Company plans to combine Versive’s AI technology and Cloudera’s analytics and machine learning capabilities.

“Using the Cloudera platform, Apache Spot’s open-data models, and the Versive Security Engine, enterprises can detect attackers that would be unseen with other approaches,” said Sam Heywood, director of Cloudera Cybersecurity Strategy.

Venture capital has increased participation in AI based Cybersecurity firms.

Bricata raised $8 million in a Series A round. It uses AI and machine learning technologies in its intrusion detection and prevention solution.

Darktrace announced that it had raised $75 million in a Series D round of funding.

“It marks another critical milestone for the company as we experience unprecedented growth in the U.S. market and are rapidly expanding across Latin America and Asia Pacific in particular, as organizations are increasingly turning to our AI approach to enhance their resilience to cyber-attackers.”Nicole Eagan, CEO at Darktrace said.

AI-enabled risk-detection solution, San Jose, Calif.-based Balbix mentioned that it got $8.6 million in investments.

Balbix is predictive risk analytics platform which shows results in a heat map.

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Alertsec is powered by Check Point Endpoint Security products, which are positioned in the leader’s quadrant in Gartner’s Magic Quadrant for Mobile Data Protection.

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