Acalvio Technologies Secures Investment from GV

Acalvio Technologies Secures Investment from GV

GV (formerly Google Ventures) Joins Accel Ventures, Ignition Partners, Eileses Capital and Splunk, Bringing Total Investment in the Company to $22M

News provided by

Acalvio Technologies

Nov 03, 2016, 09:44 ET

Share this article

SANTA CLARA, Calif., Nov. 3, 2016 /PRNewswire/ -- Acalvio™ Technologies, an innovator in Advanced Threat Defense, today announced that it has received an investment from GV (formerly Google Ventures). GV joins a prestigious group of investors, including Accel Ventures, Ignition Partners, Eileses Capital and Splunk. GV's investment will accelerate deployment and adoption of Acalvio's Deception 2.0 technology, which leverages dynamic deception and data science to deliver timely, high fidelity and cost-effective detection solutions, extending it to Internet of Everything (IoE) and cloud environments.

"Acalvio has developed highly differentiated, scalable deception technology that produces better detection and detailed attack analysis than traditional deception technology," said Tyson Clark, Partner at GV. "As hacks and data breaches become increasingly prevalent, CISOs are taking a more holistic view of security architectures. Acalvio is well positioned in this market as companies deploy next-generation deceptive response technology as part of their core security strategies."

Acalvio's Deception 2.0 solution leverages its patented Fluid Deception™ technology to enable authentic and cost-effective deception at scale, which can now be delivered in a DevOps model. In addition, it allows for full engagement with threats to study attack tactics and tools. Adversary Behavior Analytics™ (ABA) enables automated response allowing IR teams to react to malicious activity in near real time. ABA Data Science algorithms leverage deception events and other data available in Enterprise security solutions (SIEM, Privileged User Management systems, etc.) to deliver valuable intelligence around adversary tools, tactics, procedures, latent vulnerabilities and more. Acalvio's solution also includes smart blending of data and credential lures across enterprise servers and endpoints. These lures both detect data theft and redirect attacks to Fluid Deception™ for engagement.

"Distributed deception platforms are now a viable option for enhancing detection within enterprise security programs", according to Lawrence Pingree, Gartner Research Director.1

"Acalvio is entering a very exciting era of cybersecurity, and we are thrilled to have GV join our current roster of amazing investors and strategic partners. GV's investment in Acalvio validates our vision, our differentiated technology and the attractive market opportunity," said Ram Varadarajan, CEO, Acalvio. "We are very excited to be partnering GV to deliver innovative solutions and compelling value to our customers".

About Acalvio

Acalvio provides Advanced Threat Defense (ATD) solutions to detect, engage and respond to malicious activity inside the perimeter. The solutions are anchored on patented innovations in Deception and Data Science. This enables a DevOps approach to ATD, enabling ease of deployment, monitoring and management. Acalvio enriches its threat intelligence by data obtained from internal and partner eco-systems, enabling customers to benefit from defense in depth, reduce false positives, and derive actionable intelligence for remediation. The Silicon Valley based company is led by an experienced team with a track record of innovation and market leadership and backed by marquee investors. For more information on Acalvio, please visit http://acalvio.com/ and follow the company on Twitter at @AcalvioTech and on LinkedIn.

Media Contact:
John Kreuzer
acalvio@LuminaPR.com
(408) 896-3307

1 Gartner, Competitive Landscape: Distributed Deception Platforms, 2016, Lawrence Pingree, August 4, 2016

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/acalvio-technologies-secures-investment-from-gv-300356815.html

SOURCE Acalvio Technologies

Related Links

http://acalvio.com/


SHARE THIS
Previous Post
Next Post