Security firm Cyberhaven raises $13M Series A with the backing of former Facebook execs
Summary
Cyberhaven said it raised a Series A funding round of $13 million and launched its first computer security product thats based on a DARPA project and using a method it calls Data Behavioral Analysis (DaBA) to identify intrusions and the theft of Intellectual Property (IP). "Our solution makes it easy for enterprises to quickly start protecting their IP and their data because it uses machine learning to identify leaks," said Volodymyr Kuznetsov, co-founder and CEO of Cyberhaven. The companys goal is to build out its technologies so that when a breach occurs it can be used as the primary source for investigating data exfiltration -- instead of sourcing logs from multiple enterprise security products to determine the exact path data took out of the organization. This is a change from companies having to add yet another computer security product when new risks arise in enterprise IT environments. "With our approach, there is no need to create security policies or have specialist knowledge of your data -- we do it all automatically," said Kuznetsov.