GreyNoise Raises $15 Million in Series A Financing; Plans to Improve its Cybersecurity Technology for a More Productive Security Function

    One of the best things about human beings is how are always trying to scale things up under one capacity or the other. This dynamic, in particular, enables us big time in regards to achieving some notable milestones along the way. Talk about the milestones we have stumbled upon so far, each one has added to our lives in its own unique manner, but despite all the uniqueness in play, none of them even come close to matching technology’s level. Technology appears as such an anomaly here mainly because, unlike any other concept, it was able to impact each and every area on our spectrum, regardless of its size and nature. However, what turned out to be as even more impressive is how it didn’t just stop there. Instead, the creation continued building upon those tech-centric foundations, thus unlocking more of this unprecedented idea as we move forward. The same pattern was on full display during one recently-concluded funding round.

    GreyNoise Intelligence, a Washington, D.C.-based cybersecurity startup that analyses internet scanning traffic to help organizations separate threats from internet “background noise,” has successfully secured over $15 million in Series A financing. Led by Radian Capital, the round saw further participation coming from the likes of CRV, Inner Loop, Stone Mill Ventures and Paladin Capital. GreyNoise is basically an anti-threat intelligence company, which excels in filtering various security alerts, and by doing, it ensures that your security team is dedicating their time only to the alerts that can actually cause some sort of harm rather than all those false positive cases. The company is able to manage it with the help of over 5,000 passive sensors that are located in different data centers across the world. The stated sensors do everything from collecting and analyzing data to labeling it on IPs scanning the internet.

    “We’re thrilled to invest and partner with GreyNoise, a company that has taken an innovative approach to tackling the enormous issue of mass exploitation attacks and internet noise,” said Dave Sack, Principal, Radian Capital. “GreyNoise has created a category-defining new product that helps security teams to sort out irrelevant alerts and focus their time and energy on targeted and emerging threats. With applicability to almost any security organization, the market for this solution is enormous and growing quickly.”

    At the moment, GreyNoise has over 100 clients, including many big entities such as Airbus, CenturyLink, and even the US Department of Defense. Notably enough, the company also claims to be the first organization that was successful in detecting the infamous Log4Shell vulnerability. If not by the esteemed clientele, GreyNoise’s supremacy in what it does was also proven when it got the 2nd rank in The Cyber Top 20 list for “Cyber Alert Reduction”. Beyond that, the company was even recognized as one of industry’s “Best Cybersecurity Startups”. As for the newly-raised cash, GreyNoise plans on using it to scale up its proprietary technology.

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