CyberFlow Analytics, Inc., a San Diego, CA-based cyber security company, secured $2m in funding from Toshiba America Electronic Components, Inc.
The investment, which adds to an initial investment of $600k from angel investors, is part of a $4m seed round that CyberFlow expects to complete by November.
The company intends to use the funds to work with early beta customers to test its technology called FlowScape™.
Led by Dr. Hossein Eslambolchi, chairman and CEO, CyberFlow Analytics provides SaaS software that creates an early warning system for cyber attacks to an enterprise network or core data before they disable, destroy or steal data.
The company targets a commercial release of the SaaS solution by mid 2014.