Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Malware Detection Company AffirmLogic Raises $25 Million

AffirmLogic, a company that uses behavior analysis to detect malware, this week announced that it has closed a $25 million equity financing round, which follows a $5.2 million funding round announced earlier this year.

AffirmLogic, a company that uses behavior analysis to detect malware, this week announced that it has closed a $25 million equity financing round, which follows a $5.2 million funding round announced earlier this year.

The Mclean, Virginia-based AffirmLogic automates application analysis, applying mathematical foundations to identify what it calls “the deep meaning of software.”

With this approach, the company aims to tackle the increasingly complex threat landscape, where advanced persistent threats (APT) and sophisticated malware are employed to steal data and compromise systems.

AffirmLogic’s Hyperion technology, which uses Behavior Computation to identify malicious behavior within software, was developed as part of a national security project, refined at the Department of Energy’s Oak Ridge National Laboratory, and then selected for DHS’s Transition to Practice (TTP) Program, to be commercialized and adopted by private users.

Able to detect sophisticated cyber-threats, Hyperion can help Computer Emergency Readiness Teams (CERT), Reverse Engineers (RE) and Computer Network Defense (CND) teams identify and protect against attacks faster, AffirmLogic claims.

“Our ability to mathematically compute the behavior of software is a game-changer for organizations that demand greater visibility into malware and advanced cyber threats. Ultimately, software with unknown behavior has unknown security,” said Larry Roshfeld, AffirmLogic CEO.

The funding round was led by a private investment group.

Related: Anti-Fraud Platform Provider SpyCloud Raises $30 Million

Advertisement. Scroll to continue reading.

Related: Adaptive Shield Emerges From Stealth to Secure SaaS Applications

Related: SASE Provider Perimeter 81 Raises $40 Million

Related: Blockchain Security Startup Valid Network Raises $8 Million in Seed Round

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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

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.

Former DoD CISO Jack Wilmer has been named CEO of defensive and offensive cyber solutions provider SIXGEN.

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.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybersecurity Funding

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

Cyber Insurance

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

Malware & Threats

The NSA and FBI warn that a Chinese state-sponsored APT called BlackTech is hacking into network edge devices and using firmware implants to silently...

Cybersecurity Funding

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

Endpoint Security

Today, on January 10, 2023, Windows 7 Extended Security Updates (ESU) and Windows 8.1 have reached their end of support dates.