HYAS Raises $16M in Series B Funding

HYAS

HYAS, a Victoria, British Columbia, Canada-based leader in threat intelligence, adversary infrastructure, and network defense, closed a $US16m funding.

The round was led by S3 Ventures with participation from Uncorrelated Ventures, Tightline Holdings, Cyber Mentor Fund, Dcode Capital and previous investors M12, Startup Capital Ventures, and 205 Capital. As part of the financing, Charlie Plauche, Partner at S3 Ventures, will join the HYAS board of directors.

The funds will be used to accelerate product development and global market expansion for the company’s cyber attack infrastructure identification and blocking technology.

Led by Dave Ratner, CEO, HYAS provides a security solution that integrates into an organization’s existing security technology stack to proactively detect and mitigate cyber risks before attacks happen, and to identify the infrastructure behind the attacks. Threat and fraud response teams use HYAS to hunt, find, and identify adversary infrastructure while enterprises can proactively block both known and not-yet-launched phishing and ransomware attacks at the network layer.

FinSMEs

26/02/2021