Israel-born cyber threat intelligence firm Intsights announced this week that it has raised $30 million in a Series D funding round, bringing the total amount raised by the company to more than $70 million.
Intsights is predicated on the idea that effective defense begins before an attack is launched. By definition, most traditional security controls are reactive. They attempt to recognize an attack at the perimeter and block it, or an existing incursion and mitigate it. But also by definition, reactive controls are after the event: the attack is in progress or has already succeeded.
Intsights seeks to be proactive — to recognize and mitigate an attack before it occurs. It does this by crawling both the surface and dark web looking for indications that an attack is being planned by a hacker or criminal gang. Clues can include actions like scouting targets, using suspicious tools, and collaborating with other hackers on underground forums. The Intsights platform then goes further by integrating with many of the most popular security controls, automatically updating the security infrastructure to block or mitigate the budding attacks it discovers.
Its goal is to help customers proactively block new threats and malicious indicators on their existing security devices, such as firewalls, endpoint solutions, and mail gateways.
The firm was founded in Israel in 2015 by Alon Arvatz, Gal Ben David, Guy Nizan. All three are veterans of the elite cyber-warfare and intelligence services of the Israel Defense Forces (IDF). Intsights is now headquartered in New York, NY.
“With this new round of investment, we will accelerate our product development and expand commercial operations,” said Guy Nizan, Co-founder and CEO of IntSights.
Qumra Capital led the Series D round, which was joined by existing investors. As part of the transaction, Boaz Dinte from Qumra Capital will join the IntSights Board of Directors.
Previous funding included a $1.8 million seed funding in 2015; $7.5 million Series A in 2016; $15 million Series B in 2017; and $17 million Series C in 2018.
*Kevin Townsend contributed to this report
Related: From IDF to Inc: The Israeli Cybersecurity Startup Conveyor Belt
