Fortscale Raises $7M in Funding
Summary
Fortscale Security Ltd., a San Francisco, CA-based machine learning, user & entity behavior analytics (UEBA) security platform, secured $7m in funding.The round was led by Evolution Equity Partners and Valor Capital Group with participation from previous investors Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global.The company, which has raised $23m in total funding, intends to use the capital to focus on new global business expansion, specifically targeting the European and Latin American markets, growing its research and development operations and team located in Israel, and further developing its product line.Led by Idan Tendler, co-founder and CEO, Fortscale provides organizations with a platform combining predictive, big data analytics and advanced machine learning to give real-time visibility into the actions of users and entities across an environment and uncovers insider threats by identifying unusual behaviors that pose a risk to it.The Fortscale User and Entity Behavioral Analytics (UEBA) engine can be deployed as a stand-alone solution optimized for security operations centers (SOCs) or natively embedded in security infrastructure solutions – SIEM, EDR, EPP, CASB, DLP, IAM – to improve risk analysis and decision-making.