201402 Jun

Fortscale Closes $10M Funding

Summary

Fortscale, a Tel Aviv, Israel-based data security company, closed $10m in funding.The company intends to use the funds to expand its R&D and analytics teams as well as relocate its headquarters to Silicon Valley.Founded in 2012 by Idan Tendler, CEO, Fortscale provides enterprises with a cyber security solution that leverages big data analytics to help defend themselves against targeted attacks and under the radar cyber campaigns that threaten their intellectual property and financial assets.It produces User Intelligence based on extracting existing big data repositories (e.g. SIEM) by leveraging machine learning algorithms, canned reports, visualization tools and queries.The result is focusing the security analysts’ efforts on the most important events, leads and threats, enabling them to make better, faster decisions.

Source: Finsmes

Funding

$10M
Amount
Jun 02 2014
Date
-
Investor
Fortscale
Company

Classifications

Companies