Bandura, a Columbia, MD-based Threat Intelligence Gateway (TIG) provider, secured $4m in financing.
The round was led by Grotech Ventures, Gula Tech Adventures, Maryland Venture Fund, and Cultivation Capital.
The company intends to use the funds to accelerate growth, marketing and sales efforts.
Led by Chris Fedde, CEO, Bandura provides TIG™, which is purpose-built to filter network traffic against large volumes of threat intelligence indicators, protecting networks from the massive volume of known threats.
With over 50 issued and pending patents, the company offers a TIG platform that can process over 100 million unique threat intelligence indicators (IP addresses and domains) at line speed ahead of a user’s firewall.
Able to filter both inbound and outbound traffic, Bandura enables organizations to protect their networks from threats including network probes and scans, malware, command and control, botnets, ransomware, and other threats, mitigating the risk of breaches and sensitive data exfiltration.