NexDefense Raises $2.4M in Funding

nexdefenseNexDefense, an Atlanta, GA-based cybersecurity company, raised $2.4m in funding.

The round was led by Mosley Ventures and Buckhead Investment Partners with participation from unnamed U.S. and international investors. In conjunction with the funding, Tom Noonan, a member of the White House National Infrastructure Advisory Council, joined NexDefense’s board of directors.

The company intends to use the funds for the commercial roll-out and additional product development of its Industrial Network Anomaly Detection (INAD) system, Sophia.

Co-founded by Derek Harp, executive chairman of the board, Mike Sayre, CEO, and Michael Assante, chief security strategist, NexDefense recently released Sophia, an INAD system developed in response to the emergence of highly intrusive and targeted cyber attacks by various criminals targeting automation and control systems. Sophia allows engineers, security, and control system operators in critical infrastructure and defense facilities to detect anomalies that may signify an attempt to intrude or discover systems as they happen. It then alerts defenders before an adversary can have an impact.



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