Threat intelligence firm Unit 221B has announced raising $5 million in a seed funding round led by J2 Ventures, with additional support from Pipeline Capital and other investors.
Founded by veteran threat intelligence and technology experts a decade ago, the New York-based company focuses on providing actionable threat intelligence, including intel that can lead to hackers getting arrested.
Unit 221B has built a proprietary threat intelligence platform called eWitness that relies on a curated network of investigators, analysts, and researchers to track cybercriminals across English-speaking countries and expose attack campaigns.
eWitness relies on human intelligence (HUMINT), a trusted community of vetted individuals that collectively sources high-signal threat intelligence, to capture, manage, and store data.
Additionally, Unit 221B provides law enforcement agencies and international enterprises with tools and services tailored for investigations and threat hunting.
Over the years, the security firm was involved in investigations leading to threat takedowns, and the indictment and arrest of multiple cybercriminals, including last month’s arrest of RapperBot DDoS botnet administrator Ethan Foltz.
Unit 221B will use the fresh investment to enhance its eWitness platform with new capabilities, and to accelerate investigative collaboration and go-to-market efforts.
“Collective action has the power to change outcomes. We are uniting investigators across enterprises, law enforcement, and governments to create a safer online and offline world. The only way to disrupt these criminal networks is by working together,” Unit 221B CEO May Chen-Contino said.
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