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Media
Venture Beat: CrowdStrike’s IT outage makes it clear why cyber resilience matters
A misconfigured content update released by CrowdStrike late on Thursday inadvertently triggered worldwide outages across Microsoft Windows systems, taking many of the world’s most essential services offline. CrowdStrike was attempting to update content that their Falcon Sensor uses to perform real-time threat detection and endpoint protection by monitoring system activities that identify suspicious behavior to prevent cyber attacks. The content update contains logic designed to fine-tune the detection of malicious activities and is based on the latest threat intelligence CrowdStrike collects on a real-time, continuous basis. Read more
Media
Start-Ups: 10 Tips for Navigating the Headwinds Against High-Growth
If the last two years have taught our industry anything, it’s time to retire to “cybersecurity is recession-proof” colloquialism. Not only have vendors seen cuts and challenges that they didn’t even face in the 2000 and 2008 downturns – but even internal security teams and budgets have been reduced, and defenders have fewer resources against adversaries. Yet, if you’re at the helm of a startup that is trying to grow in the face of all this, especially knowing that you can help defenders scale their scarce resources, you need to cut through the economic headwinds and achieve your goals. I…
Media
Endpoint Security and Network Monitoring News for the Week of April 12; Andesite AI, Hexnode, DoControl, and More
Andesite AI, a McLean, VA-based company dedicated to delivering technology to overburdened cybersecurity teams, emerged from stealth with $15.25m in initial funding. Co-developed by Red Cell Partners and General Catalyst, and led by CEO Brian Carbaugh, Andesite has built an advanced AI security analytics platform to “empower both private- and public-sector cyber analysts to defend against advanced persistent threats (APTs).” By leveraging artificial intelligence (AI), the solution analyzes decentralized data sets at scale to help cyber defenders and analysts more quickly surface threats and vulnerabilities, prioritize and allocate resources, and respond and remediate in a way that improves security posture…
Announcements
Andesite AI secures $15.25m to bolster cybersecurity with advanced AI analytics
Andesite AI, a McLean, VA-based firm, emerged from stealth mode with a substantial $15.25m in initial funding. According to FINSMES, the company is dedicated to enhancing the capabilities of cybersecurity teams overwhelmed by sophisticated threats. The funding round was co-led by Red Cell Partners and General Catalyst, marking a robust start for Andesite AI under the aegis of CEO Brian Carbaugh. The capital infusion underscores the confidence investors have in Andesite’s innovative approach to cybersecurity. Andesite AI has developed an advanced AI security analytics platform that serves both private and public sector cyber analysts. This platform leverages artificial intelligence to analyze…
Announcements
Red Cell Partners and General Catalyst Co-Develop Andesite to Advance Cybersecurity for Analysts
MCLEAN, Va.–(BUSINESS WIRE)–Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams. By leveraging artificial intelligence (AI), Andesite analyzes decentralized data sets at scale to help cyber defenders and analysts more quickly surface threats and vulnerabilities, prioritize and allocate resources, and respond and remediate in a way that improves security posture and reduces cost. Learn More
Announcements
Meet Andesite AI: An Advanced AI Security Analytics Startup that Empowers both Private- and Public-Sector Cyber Experts
Artificial intelligence (AI) has the potential to transform cyber defense. One of the biggest challenges in this field is the increasing sophistication of cyber threats. The sheer volume of data that security analysts have to process makes it difficult for them to identify the most pressing dangers. Additionally, cybercriminals are continually developing new strategies, using cutting-edge methods to evade detection. The shortage of qualified cybersecurity experts is another significant challenge. There are not enough trained analysts to meet the demand, putting companies at risk. Furthermore, cyber threats are constantly changing, which means that security personnel need to be continuously trained…
Media
WSJ PRO Venture Capital Newsletter: Too Much of a Good Thing
Good day. The hype around artificial intelligence is creating challenges for businesses selling AI products, says Jack Altman, managing partner of Alt Capital, which just launched an accelerator for business software startups. On the one hand, demand is strong. “You are seeing companies ramp revenue very quickly,” he said. Budgets are opening up for AI from even more conservative industries, such as education, government and healthcare. “They are really ready to buy this stuff,” Altman said. However, customer commitment may be weak and it is an open question whether initial contracts will be renewed. “You are dealing with a very strong uptake in…
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