SnapAttack Raises $8M in Funding

SnapAttack

SnapAttack, a Washington DC-based cybersecurity company, raised $8M in funding.

The round was led by Volition Capital with participation from Strategic Cyber Ventures (SCV) and Booz Allen Hamilton.

The company intends to use the funds to continue to accelerate platform development to further integrate across security operations processes, manage the entire lifecycle of detection analytics, enhance reporting, drive additional threat intelligence and analytic content types into the platform, expand the team focusing on product, engineering, and sales to drive product adoption and grow their customer base across Federal and Commercial markets.

Led by Peter Prizio, Chief Executive Officer, and Fred Frey, CTO, SnapAttack is a cyber threat hunting and detection company with a technical solution that enables community collaboration around threat intelligence, attack emulation, and behavioral analytics. This approach helps organizations proactively identify potential vulnerabilities, risks, and gaps in their infrastructure before an incident occurs.

The company currently has the most extensive library of labeled attacks in the world, giving the platform the ability to help security teams deploy high-quality, validated analytics based on real hacker tradecraft. The platform’s user community continually adds to and refines analytic content, which can be immediately validated, deployed, disseminated and shared. SnapAttack combines offensive (red teaming) and defensive (blue teaming) tradecraft to identify security gaps and improve advanced behavioral detections. The vendor-agnostic platform integrates across SIEM, EDR/XDR, and cloud solutions.

SnapAttack was incubated in Booz Allen’s Dark Labs.

FinSMEs

16/11/2021