Fortscale, a Tel Aviv, Israel-based data security company, closed $10m in funding.
The company intends to use the funds to expand its R&D and analytics teams as well as relocate its headquarters to Silicon Valley.
Founded in 2012 by Idan Tendler, CEO, Fortscale provides enterprises with a cyber security solution that leverages big data analytics to help defend themselves against targeted attacks and under the radar cyber campaigns that threaten their intellectual property and financial assets.
It produces User Intelligence based on extracting existing big data repositories (e.g. SIEM) by leveraging machine learning algorithms, canned reports, visualization tools and queries. These analytics analyze historical log data and run peer analysis on it. The result is focusing the security analysts’ efforts on the most important events, leads and threats, enabling them to make better, faster decisions.
The solution was in beta at enterprises in the US and Israel.