Logo
  • Press Releases
    • Technology Press Release
    • Social Pluggs
    • Press Releases
    • Legal Press Release
    • Home Decor Press Release
    • Health Press Release
    • Featured Stories
    • Entertainment & Lifestyle Press Release
    • Business News
    • Blog Stories
  • News
  • Video News
  • Create Account

CYPHORT Raises $7M to Accelerate Product Delivery and Market Expansion

07/31/2012 (press release: dtripier) // San Jose , CA // David Tripier

Cyphort™, Inc. (www.cyphort.com), an innovative cyber security start-up, today announced the completion of its series-A round led by new investor Matrix Partners with participation from existing investors Foundation Capital. In addition, Andrew Verhalen, general partner of Matrix Partners, will join Cyphort’s board of directors. With its new financing, the company can now accelerate delivery and market expansion of its game changing cyber-security platform; the world’s most secure network access and data protection system for enterprises and government agencies.

“We are excited to have Matrix Partners join our investor team and welcome Andrew to our board,” said Cyphort CEO David Tripier. “This financing will enable us to expand our leadership position in the high growth advanced persistent threats (APTs) protection marketplace. Enterprises are under constant attack from malicious software, compromising the security of personal information and exposing the company, its employees, and its customers to unprecedented levels of fraudulent losses. Businesses today increasingly demand Cyphort’s unique solutions to halt the growing number of these sophisticated threats,” Tripier continued.

“New and consistently more sophisticated cyber-attacks continue to evolve leaving companies in adequately protected by their current anti-virus and intrusion protection solutions,” said Andrew Verhalen of Matrix Partners. “Relying solely on signature or reputation-based security tools leaves enterprises and government agencies vulnerable to malicious activity and data theft. Cyphort’s game-changing technology will soon become a minimum requirement in not too distant future security architectures.”

About Matrix Partners

Matrix Partners is committed to building long-term relationships with outstanding entrepreneurs and helping them build significant, industry-leading companies. Since its inception in 1977, Matrix Partners has had the privilege to partner with hundreds of innovators. The firm consistently ranks in the top five venture firms in terms of returns to its investors. Matrix Partners operates in the United States, India, and China across multiple sectors and stages. For more information, please visit: www.matrixpartners.com.

About Cyphort, Inc.

Cyphort develops cloud services, software, and appliance-based solutions to protect enterprises and government agencies against the newest breed of sophisticated cyber threats—advanced persistent threats (APTs). Today’s well-funded organizations and sophisticated attackers perform persistent malware attacks that by-pass current signature-based security solutions (e.g., firewalls, intrusion detection systems/intrusion prevention systems (IDSs/IPSs), and anti-virus software). These targeted and sophisticated attacks aim to steal invaluable intellectual property and financial data, as well as perform damaging corporate espionage.

Built from the ground up, Cyphort’s new approach to detect “Zero Day” attacks leverages its patent-pending technology to find suspected objects and predict their real intentions. Through predictive correlated analysis, Cyphort provides a game-changing solution that detects a malicious process before it causes damage. Cyphort is a privately-held company headquartered in San Jose, California, USA. For more information, please visit: www.cyphort.com.



  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Related posts:

Kelley Blue Book’s Kbb.com Labels 2012 Mazda3 as Back-to-School Cool Default ThumbnailTrust Miguel’s Mobile Car Wash To Bring The Best Out In Your Vehicle Default ThumbnailDoes Your Vehicle Deserve A Treat From Miguel’s Mobile Car Wash Of Anaheim? Default ThumbnailMorocco: First batch of stay documents issued to undocumented immigrants
July 31, 2012   dtripier
dtripier July 31, 2012 1:00 pm
Business News, News advanced persistent threat, APT, cyber security, cyber-attacks, foundation capital, intrusion prevention, intrusion protection, malicious activity, malicious software, matrix partners, sand boxing, security architectures, security platform
×

Categories

  • Automotive PR
  • Blog Stories
  • Business News
  • Criminal Law
  • Dallas
  • Employment Law
  • Entertainment & Lifestyle Press Release
  • Events
  • False Clam Act
  • Featured Stories
  • Google Hangouts
  • Health Press Release
  • Home Decor Press Release
  • Legal Press Release
  • News
  • Personal Injury Law
  • Press Releases
  • Press Releases
  • Restaurant & Dining
  • Rising Star
  • Social Pluggs
  • Sports
  • Technology Press Release
  • Twitter
  • Video News
  • West Palm Beach

Recent Press Releases

  • WHOZCOIN.COM (WHOZCOIN) Is Now Available for Trading on LBank Exchange April 21, 2022
  • Choosing the Best Web Development Company in India – Bentlee April 21, 2022
  • Things to keep in mind while getting roofing done – April 21, 2022
  • The Different Types of Vapes Out There – Piyushi April 21, 2022
  • Finally, a Cryptocurrency with a Seriously Good Cause April 21, 2022
  • How Your Mattress And Pillow Helps You Sleep Better – Jasper April 21, 2022
  • VitalHub Corp. Closes $17.5 Million Bought Deal Public Offering April 21, 2022
  • Mamaearth India-Off Page_ A Beginner’s Guide to Choosing the Best Baby Cream Online _1st April – Wallace April 21, 2022
  • Vetter To Launch New Brand Ignition And Discover; Vetter Tracker, Vetter Signals, Vetter University, Vetter NFT, Vetter TA, Vetter Vine, AI Database, Tokenomics And Gamified Scoring April 21, 2022
  • How to Calculate Car Loan Interest Rates in Quebec: Tips to Get the Lowest Rate Possible – Castiel April 21, 2022
  • American crypto owners to rise by 19% to 33.7M this year April 21, 2022
  • Hands-On Tips for an Ideal Car Travel around Indiana – raihan April 21, 2022
  • INVITREE Signs Strategic Partnership with Rolling Stone Korea April 21, 2022
  • Making Your Company Attractive from Martensen IP – April 21, 2022
  • DappRadar Lists the Tetra Staking Wallet by Orbs and Tracks Multichain Staking Contracts April 21, 2022
  • Top Benefits Of Disposable Vape Pens MassTamilan Tv – Rocky April 21, 2022
  • How to Find Free Casino Slots with Free Coins – Jack April 21, 2022
  • GIA Vs IGI Lab Diamonds – Thomas April 21, 2022
  • How To Pick The Perfect Personalized Birthday Flower Arrangement – John April 21, 2022
  • What are the major properties of turquoise gemstone? – Mark April 20, 2022

Share Buttons

  • Diggit
  • Pinterest
  • Twitter
  • Linkedin
  • Google+
  • Facebook
  • Reddit
  • Stumble

Tags

Boca Car Accident Lawyer business charity cosmetic surgery dallas dallas criminal defense lawyer digital marketing eBooks education Entertainment facebook finance florida google HVAC Contractor indoor air quality iPhone King Mohammed VI lender marketing Missguided MOROCCO mortgage Music nfm lending NFM Salute online forms Parcel2Go parcel delivery Philadelphia car accident lawyer real estate Royal Thai Army search engine optimization seo Small Business Social media Southern Surgical Arts technology Texas Texas criminal defense lawyer Thai Army Thailand The Harley Medical Group twitter Zara Tours

Old Stories

Copyright © 2022 Submit123PR | Press Release Service
Simple Share Buttons