Alacrity Canada Portfolio Company HYAS Raises $6.2M Series A Round Led By M12 (formerly Microsoft Ventures)
The following press release on the HYAS Series A funding round was written by Abby Schiller and posted to Business Wire:
August 02, 2018 12:00 PM Eastern Daylight Time
VICTORIA, British Columbia–(BUSINESS WIRE)–HYAS, a leading provider of attribution intelligence tools for InfoSec and cybersecurity professionals, today announced it has raised $6.2 million in a Series A funding round led by M12, Microsoft’s Venture Fund, with participation from Startup Capital Ventures, 205 Capital, Wesley Clover and luminary cybersecurity professionals Tim Eades and Tom Noonan. The company will use the investment to continue to build out its current products and services and introduce groundbreaking new technology with unparalleled real-time visibility and attribution into attacks and breaches across global networks.
At the helm of HYAS is Founder and Chief Executive Officer Chris Davis, an internationally recognized figure in the information security industry. One of only three civilians to receive the Federal Bureau of Investigation’s (FBI) Director’s Award of Excellence, Davis was also named one of Microsoft’s Digital Crime Unit Global Heroes in 2011 for his leadership in taking down the massive ‘Mariposa’ botnet that infected millions of computers globally.
“Every industry professional today is facing unrelenting adversaries. At HYAS we have dedicated ourselves to helping them finally put their attackers on the back foot,” said Davis. “Our Comox platform allows enterprises to see the unseeable – it’s like X-ray vision for cybersecurity professionals. With the release of our next generation of products, these capabilities will grow significantly.”
Used by Fortune 100 companies, as well as governments, law enforcement and intelligence agencies, Comox, HYAS’ industry leading attribution intelligence platform, gives clients access to billions of exclusive threat indicators. Searching and cross-referencing a broad array of proprietary data, Comox provides critical new visibility for analysts, threat researchers and investigators, vastly increasing the accuracy of their findings and their ability to respond quickly to threats.
“HYAS is going beyond threat detection and providing the attribution tools required to actually identify and prosecute cybercriminals,” said Matthew Goldstein, partner at M12. “Their approach is wholly unique, as are the results, and customers are already responding aggressively. Widespread adoption of Comox and subsequent products will help take bad actors off the internet, and lead to an overall decrease in cybercrime globally.”
For more information on HYAS and its services please visit www.hyas.com.
HYAS is a venture-backed startup that provides attribution intelligence tools to help InfoSec and cybersecurity professionals identify threats and the cybercriminals behind them. Its online detection, analysis and investigation tools are powered by exclusive datasets that give HYAS an unparalleled view into malicious activity and the infrastructure used to conduct it. Its proprietary database of cybercrime indicators contains billions of data points, with millions of new points added every day. Unlike other cybersecurity service providers, HYAS focuses on pinpointing the perpetrators of these digital attacks and works closely with clients and international law enforcement to bring them to justice.
Abby Schiller, 216-870-1835