Virtual Event Today: Ransomware Resilience & Recovery Summit - Login to Live Event
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

GreyNoise Raises $4.8 Million in Seed Funding to Combat Alert Fatigue

GreyNoise Intelligence, a startup focused on helping security teams reduce alert fatigue, has raised nearly $5 million in seed investment to help the company expand its intelligence service that helps teams “prioritize alerts that matter by quieting ones that don’t.”

GreyNoise Intelligence, a startup focused on helping security teams reduce alert fatigue, has raised nearly $5 million in seed investment to help the company expand its intelligence service that helps teams “prioritize alerts that matter by quieting ones that don’t.”

Using hundreds of nodes around the internet, the company collects, analyzes and labels mass internet scan and attack activity into a feed of what it calls “Anti-Threat Intelligence”. By analyzing this activity, the company filters noise generated by mass scanners, search engines, bots, worms, and crawlers.

GreyNoise Funding“This context helps security teams reduce noise and prioritize signal – targeted attacks against their organization,” the company explains.

Andrew Morris, Founder of GreyNoise Intelligence, told SecurityWeek that the company has taken $4.8 million in seed investment led by CRV with participation from Paladin Capital Group and angel investors Oliver Friedrichs, Ron Gula, and Sounil Yu, the former Chief Security Scientist at Bank of America. 

“Every single dollar of this investment will go towards building a better product for all of our community users and enterprise customers,” Morris wrote via Twitter.

In April, GreyNoise introduced GreyNoise Alerts, a free service that alerts organizations when suspicious activity is identified on their network.

Related: New GreyNoise Service Alerts Organizations of Compromised Networks

Related: Security Operations – What is Your Signal-to-Noise Ratio?

Advertisement. Scroll to continue reading.
Written By

For more than 15 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Backup and recovery firm Keepit has hired Kim Larsen as CISO.

Professional services company Slalom has appointed Christopher Burger as its first CISO.

Allied Universal announced that Deanna Steele has joined the company as CIO for North America.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...

Funding/M&A

Thirty-five cybersecurity-related M&A deals were announced in February 2023

Funding/M&A

Forty-one cybersecurity-related M&A deals were announced in March 2023.