Welcome!

Machine Learning Authors: Zakia Bouachraoui, Liz McMillan, Roger Strukhoff, Pat Romanski, Carmen Gonzalez

Blog Feed Post

Security News: @Invincea Raises $16 Million in C-Series Funding Led by Aeris Capital and Dell Ventures

By

Announces Acquisition of Sandboxie to Expand Global Reach, Small Business Footprint and Consolidate the Two Leading Brands in Burgeoning Virtualized Containment Solutions Market

FAIRFAX, VA–(Marketwired – Dec 16, 2013) –  Invincea, Inc., an innovator in the use of secure virtual containers for advanced malware threat detection, breach prevention and forensic threat intelligence, today announced that it has raised $16M in a Series C equity round led by new investors Aeris Capital and Dell Ventures with participation from existing investors Grotech Ventures, Harbert Ventures, and New Atlantic Ventures. Additionally, the company announced it acquired Sandboxie in an earlier 2013 transaction. Sandboxie is a globally deployed and widely respected competitor in the virtualized containment solutions market. The acquisition and this new round of funding support Invincea’s rapid growth across the globe, expansion into the small business sector, and further solidifies its position as the market leader in this game changing cyber-security segment.

These announcements come on the heels of major revenue and deployment milestones and the launch of a new offering – Invincea FreeSpace™ for Small Business. The company recently announced achievement of 200 percent year-over-year growth and deployments in nearly 10,000 organizations world-wide — touching dozens of industry verticals such as energy, oil and gas, high tech, financial services, healthcare, retail, transportation, defense industrial, federal and state government agencies and companies of all sizes. The launch of Invincea FreeSpace™ for Small Business came in response to a dramatic increase in demand for advanced threat protection from this highly vulnerable, yet underserved market. With the acquisition of Sandboxie, Invincea’s reach expands to more than 1,000 additional organizations globally primarily focused in the small business sector.

“Dell partners with Invincea to deliver the world’s most secure line of devices,” said Brett Hansen, Executive Director, Client Software at Dell. “In June of 2013, we began shipping a solution powered by Invincea — Dell Data Protection | Protected Workspace — to provide our customers with advanced malware protection out of the box. Investing in Invincea made perfect sense given the unique ability of their solution to address the increasing threat of targeted and zero-day attacks. We look forward to changing the endpoint security paradigm with Invincea as our partner, and as a Dell Ventures portfolio company.”

The investment follows a December 12, 2013 announcement by Dell Ventures, expanding the company’s commitment to entrepreneurship and innovation with a $300 million Strategic Innovation Venture Fund. The fund will enable Dell to invest in early-to-growth-stage companies in emerging technology areas including storage, cloud computing, big data, next-generation data center, security and mobility.

“We’re proud to be backed by our new investors Aeris and Dell, and for the continued support from our existing investors,” said Anup Ghosh, Founder and CEO at Invincea. “We are fortunate to be in a situation where our revenues and deployments are on an exponential growth plane — giving us the ability to take strategic funding to support certain initiatives, such as our expansion in Europe. The acquisition of Sandboxie is another strategic move for Invincea and we’re thrilled to be adding Sandboxie’s fervent fan base to our rapidly growing global user community. We look forward to working with and embracing the active community of Sandboxie users and are excited to offer them a pathway to an enterprise solution delivered by Invincea FreeSpace.”

Sandboxie Founder Ronen Tzur adds, “Invincea has been a great steward of Sandboxie since its acquisition earlier in 2013 and is committed to the user community. I’ve been extremely proud of the brand and following Sandboxie has built over the last several years among security enthusiasts, small businesses, and globally as an early pioneer in virtual containers for protecting against online infections. Sandboxie will continue to grow under Invincea’s market leadership.”

Invincea is recognized as providing one of most advanced malware prevention solutions in the market — having recently been awarded the 2013 Northern Virginia Technology Council Innovators Award and having previously been named “Most Innovative Company of the Year” at RSA Conference 2011 and “Best Anti-Malware Solution” for 2012 and 2013 by Government Security News. Invincea’s solutions include an endpoint security software suite and threat intelligence appliance. Together these solutions offer a unique ability to protect enterprise networks without requiring prior knowledge of attacks, commonly called attack signatures, against all types of threats directed at end users, including zero-days, by seamlessly moving applications that run untrusted content into controlled, secure virtual containers that automatically detect and terminate threats in real time.

About Invincea, Inc.
Invincea is the premier innovator in advanced malware threat detection, breach prevention, and forensic threat intelligence. Invincea is the market-leading solution that provides enterprise networks with coverage against the largest attack surface for cyber-breach attacks aimed at end-users in the form of spear phishing, drive-by download exploits, poisoned search results and user-initiated infections.

The company’s solutions include a desktop security software suite and threat intelligence appliance. The solutions offer a unique ability to protect networks against all types of threats directed at end-users, including zero-days, by seamlessly moving applications that render untrusted content into controlled, secure virtual containers that automatically detect and terminate threats in real time. Invincea’s platform seamlessly moves the browser, PDF reader and Microsoft Office suite from the native operating system into secure virtualized environments without altering the user experience. The company, which was founded by Dr. Anup Ghosh to address the rapidly increasing security threat from nation states, cyber-crime, and rogue actors, has commercialized technology originally built under DARPA funding. The company is venture capital-backed and based in Fairfax, VA. For more information, visit http://www.invincea.com.

 

Read the original blog entry...

More Stories By Bob Gourley

Bob Gourley writes on enterprise IT. He is a founder of Crucial Point and publisher of CTOvision.com

CloudEXPO Stories
The precious oil is extracted from the seeds of prickly pear cactus plant. After taking out the seeds from the fruits, they are adequately dried and then cold pressed to obtain the oil. Indeed, the prickly seed oil is quite expensive. Well, that is understandable when you consider the fact that the seeds are really tiny and each seed contain only about 5% of oil in it at most, plus the seeds are usually handpicked from the fruits. This means it will take tons of these seeds to produce just one bottle of the oil for commercial purpose. But from its medical properties to its culinary importance, skin lightening, moisturizing, and protection abilities, down to its extraordinary hair care properties, prickly seed oil has got lots of excellent rewards for anyone who pays the price.
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected path for IoT innovators to scale globally, and the smartest path to cross-device synergy in an instrumented, connected world.
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
ScaleMP is presenting at CloudEXPO 2019, held June 24-26 in Santa Clara, and we’d love to see you there. At the conference, we’ll demonstrate how ScaleMP is solving one of the most vexing challenges for cloud — memory cost and limit of scale — and how our innovative vSMP MemoryONE solution provides affordable larger server memory for the private and public cloud. Please visit us at Booth No. 519 to connect with our experts and learn more about vSMP MemoryONE and how it is already serving some of the world’s largest data centers. Click here to schedule a meeting with our experts and executives.
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understanding as the environment changes.