Eastwind Networks, a Salt Lake City, UT-based provider of a hybrid network breach detection system designed specifically for government agencies and enterprise IT security teams, raised $5.5M in seed funding.
The round was led by Signal Peak Ventures with participation from Cybersecurity Investments, LLC.
The company, which has raised to $6.5M, intends to use the funds for product development and R&D, as well as expanding its sales and marketing departments.
Founded in 2014 and led by Paul Kraus, CEO and president, Eastwind Networks is a cloud-based breach detection solution that aims to protect government agencies and enterprise organizations from cyber threats that bypass traditional security measures. Eastwind Breach Detection monitors the entire network, not just the sources, looking at the raw data and providing context to make decisions and flag threats.