{"id":2922,"date":"2017-01-18T14:58:02","date_gmt":"2017-01-18T14:58:02","guid":{"rendered":"https:\/\/www.rsoftsolution.com\/blog\/cloud-security-startup-protectwise-raises-another-25-million.html"},"modified":"2017-01-18T14:58:02","modified_gmt":"2017-01-18T14:58:02","slug":"cloud-security-startup-protectwise-raises-another-25-million","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/cloud-security-startup-protectwise-raises-another-25-million.html","title":{"rendered":"Cloud security startup ProtectWise raises another $25 million"},"content":{"rendered":"


\n<\/p>\n

ProtectWise<\/a>, a security startup that records all your network traffic DVR-style, and saves it in the cloud, announced a $25 million round today.<\/p>\n

The company\u2019s security strategy\u00a0is surprisingly simple. It records all of the networking activity, then indexes the data and\u00a0provides customers with forensic tools to search and review it. Once a breach has been\u00a0detected, the victimized company can rewind \u201cthe tape\u201d and see when and how the hacker entered the network. It\u2019s essentially like having a video camera on your warehouse and buildings, but it\u2019s watching the network.<\/p>\n

\u201cThe solution is enabled by light-weight software sensors that act like cameras on the network and record [all of the activity]\u00a0on the network,\u201d CEO and\u00a0co-founder Scott Chasin explained.<\/p>\n

While this isn\u2019t a new approach to cyber-security, Chasin says what differentiates his company, is that it\u2019s in the cloud. \u201cWe know that breach detection [takes]\u00a0200+ days. This kind of visibility has been a luxury. Network recording appliances have required\u00a0big storage arrays and have given you a myopic recording window. Using cloud resources, we are able to exploit a much longer retention window,\u201d he said.<\/p>\n

That means you could potentially track hacking activity months after the hacker entered your network. If that seems like it could be an awful lot of information, he says algorithms help optimize what gets saved and allows the company to use commodity bandwidth to store\u00a0what are likely massive amounts of data, even from a modest-sized company.<\/p>\n

\"hud-attack-spiral-live-killchain-1-beaconing\"<\/p>\n

ProtectWise data view. Image: ProtectWise<\/a><\/p>\n

The idea is to break that data down and make it more accessible. \u201cWe have built a lot of key intellectual property around how search works. The key to boiling the ocean is not to boil the ocean. We have built intelligent capabilities around how we index and store data,\u201d Chasin said.<\/p>\n

The product is designed to help\u00a0find, then visualize data in the record in a pretty cool visual style. \u201cWe have solved the problem of pervasive visibility and have built automation that sits on top of that, with a rich presentation layer for forensically exploring.\u201d That ability to visualize the data leads to more more efficient incident response and more analysis and searching capability with the data set, he added.<\/p>\n

While he wasn\u2019t willing to talk about customers or exact growth numbers, he did indicate they were doubling their number of customers quarter over quarter.<\/p>\n

Investors in this round included\u00a0Arsenal Venture Partners, Top Tier Capital Partners, Tola Capital and unnamed\u00a0strategic investors. Today\u2019s investment brings to the total raised to over $67 million.<\/p>\n

The company, which launched in 2013, currently has 70 employees, and is based in Denver, Colorado.<\/p>\n

<\/p>\n

Featured Image: Hoxton\/Paul Bradbury\/Getty Images<\/small><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/3YYLfplwd3k\/<\/p>","protected":false},"excerpt":{"rendered":"

ProtectWise, a security startup that records all your network traffic DVR-style, and saves it in the cloud, announced a $25 million round today. The company\u2019s security strategy\u00a0is surprisingly simple. It <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-2922","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t