Israeli cybersecurity startup GuardiCore, announced on Monday that it has closed an $11 million round of funding led by Battery Ventures.
While few details are provided on the company’s web site, GuardiCore explained that its first platform component, called “Active Honeypot,” responds to attacks by dynamically re-routing traffic, without the attacker knowing, to a stealth “ambush” server that is closely monitored. GuardiCore says this approach exposes the “true intentions of an attacker” and provides insights about the nature of the attack and the ability to stop it in real-time.
According to the company, the new cash from the Series A funding round will be used to expand and market its data center security solutions.
The company previously raised $1.6 million seed financing, a company spokesperson told SecurityWeek.
“GuardiCore is developing a completely new breed of network security,” said Pavel Gurvich, chief executive officer of GuardiCore. “Powered by software-defined networking (SDN) methodologies and recent advances in virtualization, our solution is scalable to multi-terabit traffic rates”
“As the data center evolves to a more software-defined model, enterprises need to think about security in radically different ways,” noted Scott Tobin, general partner, Battery Ventures. “Traditional security techniques have focused on keeping the bad guys out of the perimeter. But as we’ve seen in recent, high-profile security breaches, these methods are far from complete. GuardiCore’s approach assumes you have already been compromised and provides levels of visibility and protection that were previously unattainable.”
The company said that its Active Honeypot is entering the evaluation phase and being deployed at private clouds and data centers of both enterprise customers and data center service providers.
Greylock IL and other undisclosed “strategic investors” also participated in the round. As part of the investment, Battery Ventures’ Tobin will join GuardiCore’s board.
