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Cyphort Announces $15.5 Million Series B Funding Led by Trinity Ventures
Date:10/28/2013

tributed multi-application architecture, Cyphort delivers an unprecedented level of security to the enterprise. Cyphort’s platform leverages a unique blend of multi-phase behavioral analysis, machine learning, and correlation to provide businesses with real-time detection, context and mitigation for advanced malware attacks that bypass traditional security and first generation APT solutions.

"New and increasingly sophisticated cyber-attacks continue to evolve, leaving companies inadequately protected by their current anti-virus, intrusion protection, and first generation behavior-based solutions," said Fred Wang of Trinity Ventures. “Cyphort is bridging a critical, emerging security gap with its new threat monitoring, detection and protection platform and we are excited to be a part of this opportunity.”

Within the past 12 months, the cost of Cybercrime in the US has risen by approximately 30%. Concurrently, Cyphort has experienced tremendous growth in customer interest and traction. To keep pace with market demand for its solutions in the face of such a dramatic increase in threats, Cyphort plans to hire in critical departments including Sales, Marketing and Engineering. The appointment of industry veteran Shishir Singh as Vice President of Engineering, who previously led engineering teams for well known security companies such as McAfee, IronPort, Cisco and Blue Coat, highlights Cyphort’s dedication in attracting and retaining top talent from the security industry.

For more information on all open positions, please visit: http://www.cyphort.com/join.

About Trinity Ventures

Trinity Ventures is a leading venture capital firm with nearly 30 years of experience investing in early-stage technolog
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