Awake Security Launches with More Than $30 Million From Greylock Partners and Bain Capital Ventures

Company’s Advanced Security Analytics Solution Improves Security Team
Productivity 10X with Patent-Pending Security Knowledge Graph™ Data
Model that Identifies and Tracks Network Entities as Humans Think of Them

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Awake
Security
today announced that it raised more than $30 Million from
Greylock Partners and Bain Capital Ventures to deliver security teams
the deep visibility and answers they need to detect, investigate and
hunt for threats that are missed today. The company also announced that
Asheem Chandna, partner at Greylock Partners, and Enrique Salem,
managing director at Bain Capital Ventures, joined the board of
directors.

Awake was established by a multidisciplinary team comprised of early
employees who helped build widely-used, category-defining products at
companies like ArcSight (HP), CipherCloud, Cylance, FireEye, Foundstone
(McAfee), IntruVert (McAfee), Netwitness (RSA), Nicira (VMware) and
PolyServe (HP). Given this experience, the team not only has firsthand
understanding of the shortcomings of existing security analytics
solutions, but also the potential of new networking, machine learning
and data science technologies to overcome those limitations.

“Today’s SOC is in trouble: the work is grueling, repetitive and tedious
– yet high stakes and high pressure, all of which leads to analyst
burnout and lost tribal knowledge,” said Michael Callahan, co-founder
and CEO, Awake Security. “To address this, we’re taking a fundamentally
different approach, automating the information gathering and
interpretation that top experts perform, allowing any analyst to answer
questions easily that are difficult or impossible to answer today. These
advanced analytics free them from alert-focused drudgery and enable
teams to do what they do best: investigate and hunt for threats.”

Awake today also announced the general availability of its advanced
security analytics solution
, built on the foundation of more than
two years of research with hundreds of security professionals and threat
investigators from Fortune 500 and Global 2000 enterprises. Awake
applies machine learning and data science to automate the painstaking
analysis expert investigators perform and thus improves security team
productivity tenfold. This enables them to detect, investigate and hunt
for attacks that are often missed today, such as corporate espionage,
insider threats, lateral movement and data exfiltration.

“Organizations are at a disadvantage in the arms race with today’s cyber
attackers. There is a dramatic shortage of security expertise, and many
of today’s security products aren’t optimized to both surface threats
and more efficiently tackle them,” said Enrique Salem, managing director
of Bain Capital Ventures and former CEO of Symantec. “Having spent a
career working in cybersecurity, it’s clear that Awake’s ability to make
security professionals more effective in protecting organizations
against today’s threats will have a lasting impact.”

Awake’s patent-pending Security
Knowledge Graph™
data model enables analysts to ask new and powerful
questions posed in a simple human-friendly vocabulary of entities, their
attributes, relationships, behaviors and activities, rather than IP
addresses and sessions. Only Awake’s analytics predict these questions
and keep answers ready in a workflow-driven user interface, while
prioritizing and grouping entities that stand out. This allows analysts
to focus the investigation on an entity profile and hunt for behaviors,
rather than just indicators.

“We’re excited to partner with Awake in their mission to deliver new
industry-leading capabilities for security analysts,” said Asheem
Chandna of Greylock Partners. “We see a growing interest and a large
market opportunity across enterprise customers. The Awake platform and
technology is demonstrating strong, previously unavailable insights at
initial customer deployments, with new levels of visibility, automation
and analysis.”

About Awake Security

Awake Security provides the only advanced security analytics solution
that delivers deep visibility and answers to questions that cannot even
be asked today, improving productivity tenfold. The company’s
patent-pending Security Knowledge Graph™ data model uses machine
learning and data science to automate painstaking analyses expert
investigators perform. It identifies and tracks network entities as
humans think of them and highlights entity attributes, relationships,
behaviors and activities. This enables analysts to
proactively detect, hunt, investigate and respond to threats. Awake is
built on a foundation of more than two years of research with hundreds
of security professionals and more than a dozen security teams. The
company is backed by Greylock Partners and Bain Capital Ventures and is
based in Mountain View, CA. Learn more at http://www.awakesecurity.com and
follow Awake on Twitter (https://twitter.com/awakesecurity),
LinkedIn (https://www.linkedin.com/company/awake-security)
and Facebook (https://www.facebook.com/AwakeSecurity/).

Contacts

fama PR
Keith Watson, 617-986-5001
awake@famapr.com