May 2, 2024 at 10:03AM
Corelight, an NDR company, secures $150M in Series E funding round led by Accel, with support from Cisco Investments and CrowdStrike Falcon Fund. The San Francisco-based company, offering network traffic analysis and ground truth evidence of adversarial activity, plans to accelerate AI-driven security innovation and cloud-native security capabilities, in addition to investing in cybersecurity partnerships.
Key Takeaways from Meeting Notes:
– Corelight, a network detection and response (NDR) company, secured $150 million in a Series E funding round led by Accel, with support from Cisco Investments and CrowdStrike Falcon Fund.
– The company, based in San Francisco, offers a network traffic analysis platform focused on identifying malicious activity and hastening threat response.
– Founded by the creators of Zeek, Corelight is an open-core security company that provides complete network visibility and evidence of adversarial activity.
– The NDR platform is utilized by elite cybersecurity teams, government agencies, Fortune 500 companies, and universities.
– The recent investment will be allocated towards advancing AI-driven security innovation, enhancing cloud-native security capabilities, and fostering partnerships with cybersecurity platforms.
– The CEO, Brian Dye, emphasizes Corelight’s utilization of network data to provide unequivocal evidence of adversarial movement and its wide-ranging applicability for customers and partners.
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