With Undisclosed Siemens Funding, CyberFlow Closes $4M Seed Round
Summary
San Diego network security startup CyberFlow Analytics said it has closed out its seed funding round after raising a total of $4 million from Toshiba America Electronic Components, angel investors, and Siemens Venture Capital, which did not disclose the size of its investment. The funding raised from Siemens should enable CyberFlow to continue operating through 2016, when the company plans to begin seeking investors for its Series A financing round, Caldwell said. Hossein Eslambolchi, a former AT&T chief technology officer, founded CyberFlow with Caldwell, a former Cisco executive, and Louis Gasparini, former CTO of RSA Security. CyberFlow uses machine learning and advanced analytic software to monitor IP packets flowing into and out of the computer networks operated by the biggest companies in the world. More recently, though, CyberFlow has also focused on the emerging market for protecting the Internet of Things (IoT)—the wireless networking technologies that enable machine-to-machine communications among devices in power grids, oil and gas fields, refineries, and in other industrial applications.
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