StrikeReady Emerges out of Stealth With $3.6M in Seed Funding
StrikeReady, a cloud-based security operations and management company, has raised $3.6M. The seed round was led by 11.2 Capital, with participation from Outlier Venture Capital and multiple Silicon Valley angel investors. The funds will be used to accelerate Go-To-Market and sales, and grow the R&D team.
StrikeReady has built a cloud based security operations and management platform that maximizes return on organizations' existing security investments - people, process and products. The platform integrates, operationalizes, optimizes and consolidates disparate security products, and assists and empowers cybersecurity teams. The convergence of AI, data and automation helps the defenders to quickly respond to incidents, proactively defend against emerging threats, and / or operate at lightning speed.
After decades of experience in cybersecurity and talking to hundreds of cybersecurity analysts and CISOs, the StrikeReady team identified three key problems to modernize security operations.
The core capabilities of the product are as follows:
"Assume you're going to get breached - is the new normal for the cybersecurity industry since bad actors are scaling their attacks through automation, and organizations need to adopt a similar approach. Convergence (News - Alert) of AI, knowledge, and automation is a must to improve security analysts' productivity and abridge their skill gap. StrikeReady's founders, Yasir and Anurag, have deep domain expertise in security operations and AI-powered automation. They have built a unique product that accelerates incident investigation, automates response, imparts knowledge and proactively secures the organization. 11.2 Capital is excited to support the team's mission in bringing Security Operations into the future," said Pramod Gosavi, Principal, 11.2 Capital.
The StrikeReady team is led by Yasir Khalid, formerly an engineering leader and an architect of core detection technologies at FireEye (News - Alert), where he spent ten years and his work led to over fifteen cybersecurity patents, and supported by CPO, Anurag Gurtu, formerly head of security product marketing (UEBA) at Splunk (News - Alert), and prior to that head of technical marketing at FireEye and product management at Cisco. The majority of the talent at StrikeReady are all early timers from FireEye, who have had extensive experience working on various security stacks - network security, endpoint security, email security, cloud security and automation. This ex-FireEye team was instrumental in handling threat research, threat intelligence, R&D, engineering and sales. In less than two years, the team has successfully deployed the product at multiple mid and large enterprises and government agencies in the United States and internationally.
"If we look at the state of cybersecurity today, we never had so many security tools at our disposal. These tools range from next-generation detection or prevention technology, framework, and security awareness technology to threat intelligence product and more. All these technologies provide unprecedented insights into the attacker and their workings. Yet, the organizations have only been able to improve their security posture slightly. And this validates our thesis - the problem is cybersecurity skill-gap, talent shortage and lack of collaboration.
"Our vision is to take a human-centered approach to make the security team effective and exceptionally efficient, while transforming all the cybersecurity analysts to be an expert, and without off-the-job training," said Yasir Khalid, Founder and CEO of StrikeReady.
StrikeReady is committed to focusing on the most foundational element in cybersecurity - The People - with a simple goal - Empower Defenders. The product brings together contextual awareness, automation, knowledge and collaboration to modernize security operations. The product integrates with all the leading endpoint, network and cloud and intelligence products.
For more information, visit StrikeReady.co
$15,000 GRAND PRIZE GIVEAWAY DRAWING - Must Be Present to Win
Keynotes - Lincoln Ballroom
MSPs and the IT Skills Gap