TrueFort, a Weehawken, N.J.-based application behavior security analytics company, raised $13.7m in Series A funding.
The round was led by Evolution Equity Partners, with participation from Lytical Ventures and Emerald Development Managers. As part of the financing round, Karthik Subramanian, partner at Evolution Equity Partners is joining TrueFort’s board of directors.
The company intends to use the funds to expand sales, marketing, R&D, customer support and go-to-market activities.
Led by CEO Sameer Malhotra and CTO Nazario Parsacala, TrueFort provides a last line of defense against insider and/or advanced persistent threats for core business applications using advanced analytics and machine learning to monitor over 100 end-to-end interdependencies, baseline application behavior and detect malicious activity as it happens.
The TrueFort application behavior security analytics platform provides 360 degree monitoring of end-to-end infrastructures, including web servers, application servers, file servers, databases and more, across data centers, public/private clouds, IaaS, containers and new mesh architectures. It provides automated application-centric visibility, control and security that spans processes, operating systems, network connections, identities and IP addresses.
FinSMEs
20/06/2019