Scythe Secures $3M in Initial Financing

scytheScythe, Inc., an Arlington, Va.-based provider of an attack simulation platform, raised $3m in initial funding.

The round was led by cybersecurity industry veteran and co-founder of Tenable, Ron Gula of Gula Tech Adventures with participation from Evolution Equity, Paladin Capital Group, Stony Lonesome Group and SaaS Ventures and a number of notable private investors including Dmitri Alperovitch of CrowdStrike, Ray Rothrock of RedSeal, Aleksandr Yamposkiy of SecurityScorecard, Mike Sutton, formerly with Zscaler, Dave Kennedy of TrustedSec, Matt Devost of FusionX, Oliver Friedrichs of Splunk, and Dave Cole of Tenable. In conjunction with the funding, Ron Gula and Dmitri Alperovitch will serve on Scythe’s board of directors.

Led by Founder and CEO Bryson Bort, Scythe provides an attack simulation technology platform that allows organizations to build and emulate every possible combination of real-world adversarial campaigns, testing an organization’s vulnerabilities head on to measure the effectiveness of an enterprise’s security controls with granularity.
The platform uses a Threat Catalog to automatically deploy a combination of threat actor communications and end-point capabilities on the production environment. It maps to the MITRE ATT&CK Matrix demonstrating the potential space of what an attack can look like and what an attacker can do once they enter a customer’s environment. Teams are then able to receive granular reporting about an organization’s production environment and degree of compromise quickly.

FinSMEs

17/09/2018

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