TruSTAR, a San Francisco, California and McLean, Virginia-based security intelligence exchange platform built to incentivize information sharing, raised $5m in Series A funding.
The round was led by Storm Ventures, with participation from Aspect Ventures, Resolute Ventures, and other Silicon Valley investors. In conjunction with the funding, Storm’s Tae Hea Nahm will join TruSTAR’s board of directors.
The company intends to use the new capital to scale platform features and accelerate customer success.
Led by Co-Founders Paul Kurtz, former White House cybersecurity advisor and private sector security executive, Patrick Coughlin, former security operator turned tech entrepreneur, and Dave Cullinane, former CISO of eBay, TruSTAR provides a security intelligence exchange platform built to incentivize information sharing among enterprises. As companies see data relevant to them they can submit, clean and share data to discover how cyber incidents relate to other companies. The company’s network includes elite enterprise cyber security teams from across sectors and around the world.
Customers include over 50 companies from the Fortune 100 financial services, insurance, healthcare, cloud service provider, education, manufacturing and sports sectors.