HYAS Closes $16 Million Series B Funding Round Led by S3 Ventures for Cyberattack Intercept Technology
Summary
VICTORIA, British Columbia--(BUSINESS WIRE)--HYAS, a leader in threat intelligence, adversary infrastructure, and network defense, today announced that it had closed a $US16 million round of funding led by Austin, TX based, S3 Ventures. The funds will be used to accelerate product development and global market expansion for the company’s cyber attack infrastructure identification and blocking technology. “Supply-chain, phishing and ransomware attacks continue to victimize enterprises and government organizations because traditional approaches to security aren’t closing the gap fast enough. “This new round of financial support and the deep expertise of our new and existing partners will help us accelerate the execution of our vision on a global scale." Threat and fraud response teams use HYAS to hunt, find, and identify adversary infrastructure while enterprises can proactively block both known and not-yet-launched phishing and ransomware attacks at the network layer.