Funding to Support CounterTack's Growth and Strategy to Defend Against Targeted Endpoint Attacks; Advancing the Development of Innovative Cyber Technology for the U.S. Army
WALTHAM, Mass. – February 26, 2014 – CounterTack, a pioneer in delivering real-time endpoint threat detection, context and visibility around targeted attacks, today announced it has secured funding from OnPoint Technologies, a venture capital initiative created by the U.S. Department of Defense to assist small companies that develop technologies important to the U.S. Army. The funding will support CounterTack's accelerated go-to-market strategy and global expansion in the endpoint threat detection and response market, and helps the U.S. Army explore and evaluate technology innovation in the private sector.
"Aggressive cyber activity -- from corporate espionage to the destruction of infrastructure -- is rapidly becoming one of the world's biggest security threats," said Neal Creighton, CEO of CounterTack. "We're thrilled to receive funding from OnPoint to further build out our leading endpoint security platform. Cyber is now recognized by the military as the fifth domain of warfare, which means the need for innovative security technologies to protect organizations from highly motivated, persistent attackers, has never been greater."
Protection starts with the endpoint -- which must become the attacker's equal. Drawing inspiration from sophisticated attackers, CounterTack embeds real-time, continuous collection and intervention technology into endpoint operating systems -- enterprise-wide. CounterTack's Sentinel solution provides real-time threat detection, context and visibility into attacker behaviors. This visibility enables CounterTack to rapidly detect and analyze targeted threats on desktop and server endpoints throughout enterprise systems, and correlate threats enterprise-wide, to identify attack characteristics and broader trends to better defend against them.
"CounterTack is making unprecedented advancements in the field of endpoint security and plays a key role in helping enterprises and government agencies defend against motivated, sophisticated attackers," said Jason Rottenberg, Managing Director at OnPoint Technologies. "CounterTack understands the importance of evolving its products to keep pace with the changing security landscape. With their dynamic approach, we're excited to help foster their continued innovation for enterprise and military systems."
CounterTack recently completed its Series B round of funding, which included Goldman Sachs, Fairhaven Capital, Siemens and private investors.
CounterTack's real-time endpoint threat detection and response platform, Sentinel, delivers unprecedented visibility and context to enterprise security teams around targeted, persistent threats. CounterTack dramatically reduces the impact of advanced attacks, providing real-time, behavioral-based intelligence on attacker activity upon infiltration, so organizations can defend their business leveraging Sentinel's contextual attack evidence for a rapid, prioritized response.
By combining 'stealthware' technology and Big Data analytics, CounterTack turns the tables on attackers, giving security teams and incident responders an advantage over their adversaries to make better security decisions with real-time, automated, forensic-level analysis. CounterTack is revolutionizing how companies defend their endpoints -- across the enterprise. To learn more, visit www.CounterTack.com.