SignalSense a developer of advanced network security intelligence has closed a seed funding round of USD4.5 million.
Trilogy Equity Partners (www.trilogyequity.com) led this funding round, continuing its support after SignalSense’s angel funding, which also included Ignition Partners (www.ignitionpartners.com) and Tola Capital (www.tolacapital.com).
The latest capital infusion will be used by SignalSense to accelerate technology development, expand the company’s sales presence on the East Coast and hire additional data science, security and software engineers to complement the experienced and capable team that is already in place.
"We’re finding anomalies that can’t be stopped with standard pattern matching,” says Lynn Kasel, SignalSense’s CEO. “Security is moving beyond pattern matching, to systems where we collect and analyse all of the data moving inside the network. This volume of data is impossible to think through at a human level. Our goal is to multiply the mind of a security professional by using compute capacity that’s driven by artificial intelligence systems. This simulates what a human security expert would actually do. Rather than focusing on individual data streams that are extremely expensive to analyse, we are extending what you can look at, and what you can care about."
