GreyNoise Intelligence, a Washington, DC-based cybersecurity startup, completed a $600K seed financing.
The round was led by Inner Loop Capital and StoneMill Ventures, with participation from other prominent venture capital firms and notable angel investors. These include Paladin Capital Group, Oliver Friedrichs (founder of Phantom, Immunet and SecurityFocus), Bryson Bort (founder of SCYTHE and GRIMM) and Pedram Amini (CTO, InQuest.net and founder of Jumpshot).
The company intends to use the funds to continue to expand operations and its development efforts.
Founded by Andrew Morris, GreyNoise identifies Internet background noise caused by benign sources that inflate the volume of security alerts that security operations teams need to analyze. Consisting largely of false positives, filtering this background noise out allows security teams to streamline and prioritize threat analysis.
After initially releasing a free API to access the collected data, which quickly gained thousands of followers, GreyNoise deployed an enterprise service in late 2018.