Cyberhaven, a Palo ALto, Calif.-based provider of a Data Behavior Analytics (DaBA) solution, raised $13m in Series A funding.
The round was co-led by Vertex Ventures and Costanoa Ventures, with participation from Crane Venture Partners and angel investors, including Facebook’s former Chief Security Officer Alex Stamos, Veritas’ co-founder and Facebook’s former VP of infrastructure engineering Jeff Rothschild, and Cloud Access Security Broker (CASB) market pioneer Kamal Shah. In Sik Rhee, General Partner at Vertex Ventures, will join Cyberhaven’s board.
The company intends to use the funds to expand operations and its business reach.
Founded in 2016 and led by Volodymyr Kuznetsov, CEO, Cyberhaven provides a Data Behavior Analytics (DaBA) solution that enables organizations to gain real-time visibility into the behavior of business critical data as it moves across endpoints, servers and applications, on premise and in the cloud. The solution observes data’s behavior and records it, so that whenever a data incident is suspected, it has the entire context and knows everywhere the data went, who accessed it and when. by a group of accomplished security researchers, The core technology is protected by four patents and is based on research that in 2016 was awarded more than $1 million in grants from DARPA and the Swiss Federal Government.
The company also has offices in Boston, MA and Lausanne, Switzerland.