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INTERNET | Internet Software & Services / Monitoring & Security
versive.com

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Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$57M

About Versive

Versive develops a software-only cybersecurity solution. The Versive Security Engine discovers and makes sense of ongoing adversary campaigns inside corporate networks.

Versive Headquarter Location

999 Third Avenue Suite 2100

Seattle, Washington, 98104,

United States

(800) 980-3282

Latest Versive News

eSentire Beefs up AI Capability with Acquisition

Oct 25, 2018

eSentire Beefs up AI Capability with Acquisition 2018 Cambridge-based cybersecurity firm eSentire announced Tuesday it has acquired Seattle-based Versive Inc ., which specializes in AI-based cybersecurity technology. Terms of the deal were not disclosed, however eSentire will absorb Versive’s 50 employees and Versive executives Dustin Rigg Hillard, Ashley Fidler and Matthew Vanderzee will join eSentire’s senior leadership – Hillard as Chief Technology Officer, Fidler as Vice-President, Product, and Vanderzee as Vice-President, Engineering. Versive’s operation will remain intact in Seattle. “The acquisition of Versive, a leading artificial intelligence technology company, is a natural progression as eSentire looks to enhance its AI and data science capabilities,” said Mike Sapien, U.S.-based Chief Analyst, Enterprise Services, with the U.K.-based technology consultancy firm Ovum. “Versive’s technology will enable eSentire to manage, respond and shut down bad actors in real time at greater scale and accuracy.” eSentire was the pioneer of what’s known as Managed Detection and Response (MDR), which helps companies detect, contain and defeat cybersecurity threats, and is one of the sector’s fastest-growing firms. Founded in 2001, the company has 430 employees, a 40 per cent increase from August of 2017, when, according to Forbes and the Financial Post, it was the recipient of more than US$100 million from global private equity firm Warburg Pincus. “Traditional managed security approaches and tools can’t rapidly scale to cope with the challenges of today’s business environments,” said Kerry Bailey, eSentire’s CEO. “Merging expert data scientists, engineers, and security teams and integrating the power of AI into eSentire services will result in the most advanced MDR platform delivering the scalability, automation, and speed that the modern organization demands without sacrificing quality.” Communitech is a partner of Startup HERE Toronto. This article originally appeared on their site.

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Research containing Versive

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Versive in 1 CB Insights research brief, most recently on Jan 28, 2019.

Expert Collections containing Versive

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Versive is included in 6 Expert Collections, including Banking.

B

Banking

1,090 items

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

A

AI 100

99 items

A

Artificial Intelligence

8,330 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

C

Cybersecurity

4,814 items

F

Fintech

7,256 items

US-based companies

Versive Patents

Versive has filed 2 patents.

The 3 most popular patent topics include:

  • Computer security exploits
  • Password authentication
  • Regulatory compliance
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/28/2017

Regulatory compliance, Theory of cryptography, Security, Computer security exploits, Password authentication

Application

Application Date

2/28/2017

Grant Date

Title

Related Topics

Regulatory compliance, Theory of cryptography, Security, Computer security exploits, Password authentication

Status

Application

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