Red Canary, a Denver, CO-based managed detection and response solution that continuously monitors, analyzes, and investigates organizations’ systems for cybersecurity threats, raised $6.1M Series A funding.
Backers included Access Venture Partners, Noro Moseley Partners, Service Provider Capital, and existing investor Kyrus.
The company intends to use the funds to accelerate expansion.
Founded in 2013 by Brian Beyer, CEO, Red Canary provides a managed detection and response solution that combines technology, process, and expertise to detect threats that bypass other security tools. The platform, which was built to bring threat detection and response to businesses whether they have 50 or 50,000 employees, continuously analyzes every piece of activity from every endpoint across an organization, hunting for patterns of system and user activity that are commonly associated with cyber threats and attacks.
Anything that looks potentially threatening is investigated by an expert analyst who uses historical recording of what happened on the system and investigative tools to solve issues.
More than 100 organizations worldwide currently use Red Canary to manage their threat detection and response in financial services, healthcare, technology, and defense contracting space.