Threat intelligence provider IntSights has raised funding of $17 million in a Series C round led by Tola Capital. Existing investors Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, and ClearSky Security also participated.
“The time is now to deliver cyber risk and threat intelligence solutions that help customers identify and remediate external threats targeting their organization, their customers and their partners,” said Guy Nizan, CEO and co-founder of IntSights. “Cyber-attacks are driven by humans who leave footprints and breadcrumbs as they plan their attack. Enterprises need tailored intelligence that looks beyond the firewall to see the indicators of attack their cyber adversaries leave and understand how, why and when they plan to attack.”
Traditional threat intelligence solutions have failed to deliver the advantage promised to enterprise customers and their security teams.
– Sheila Gulati, Managing Director, Tola Capital
The round brings total investment in the company to $41.3 million since its foundation in 2015. The investment will be used to develop IntSights’ offerings, as well as to drive expansion into new markets including Asia Pacific, the Middle East, and South America. The company currently has offices in Amsterdam, Boston, Dallas, New York, Tokyo, and Singapore, and over 15 strategic partners and 40 reseller partners worldwide.
“Traditional threat intelligence solutions have failed to deliver the advantage promised to enterprise customers and their security teams,” said Sheila Gulati, managing director of Tola Capital. “Today, CISOs want to understand what risks are coming and take a proactive stance, as well as determine what sensitive assets are already exposed. By leveraging a data and software enabled approach, security teams can prepare for upcoming attacks and prevent future attacks. IntSights is leading a new era in cyber risk analytics and threat remediation innovation. We are thrilled to be working with Guy and his team to bring enterprise customers the solution they need and want.”