RSA to acquire insider threat detection startup Fortscale
UPDATED 12:06 EST . 06 APRIL 2018
RSA Security LLC, the network protection business of Dell Technologies Inc., has  inked a deal  to buy a startup called Fortscale Security Ltd. that focuses on fighting so-called insider threats. The buyout was announced on Thursday ahead of the group’s popular RSA Conference for cybersecurity experts later this month. The financial terms of the deal were not disclosed. However, RSA did divulge that it plans to use Fortscale’s technology to bolster its NetWitness threat detection and response product. San Francisco-based Fortscale has developed a platform that uses machine learning to identify suspicious user behavior within corporate networks. That could mean, say, a hacker trying to use a worker’s legitimate login credentials to compromise sensitive data. The startup claimed its software can catch more subtle violations as well, such as if an executive shares an account with an employee who lacks the appropriate access permissions. Fortscale’s platform detects these kinds of incidents by using historical logs of users’ past activity to create a “baseline” of normal behavior. If a worker suddenly logs into a system from an unfamiliar location or shows some other sign of having been compromised, the software raises the alarm. Integrating Fortscale’s platform into NetWitness should be fairly straightforward for RSA. The startup offers a product called Presidio that is specifically built to let cybersecurity companies embed its insider threat detection capabilities into their solutions. The technology that RSA stands to gain via the Fortscale deal should complement NetWitness UEBA, one of the two new tools that it unveiled alongside the announcement of the acquisition. The offering provides user behavior analytic capabilities for identifying the same kind of threats on which the startup focuses. The other new tool, called NetWitness Orchestrator, is based on technology from another security startup called Demisto Inc. that has partnered with RSA. It analyzes how network protection teams have responded to different kinds of incidents in the past to provide advice on how to best handle a new situation. Fortscale raised $23 million in venture capital prior to signing the acquisition agreement with RSA. Image: Pixabay

RSA to acquire insider threat detection startup Fortscale

RSA Acquires Behavior Analytics Startup Fortscale
The Israel-based startup was acquired for less than investors had put into the company, a person familiar with the matter told Calcalist
Meir Orbach 09:1005.04.18
Cybersecurity firm RSA, a subsidiary of Dell Technologies Inc., has acquired Israel-based Fortscale Security, a person familiar with the matter told Calcalist on condition of anonymity earlier this week. The deal is valued at less than what the startup has raised in equity funding. Some of Fortscale 30 employees will be transferred to RSA’s research and development center in Israel, the person said. Fortscale’s founder and chief executive, Idan Tendler, will not remain with the company. Idan Tendler,co-founder & CEO of Fortscale. Photo: Amit Sha'al
RSA and Fortscale did not provide comment for the story following requests from Calcalist. Founded in 2012, Fortscale has raised $23 million from a wide variety of venture capital firms. The startup embeds software into cybersecurity systems that can detect when employees leak sensitive information or when malware is used to impersonate employee identities in cyber attacks. Related stories:

RSA Acquires Behavior Analytics Startup Fortscale

  
  
SAN FRANCISCO, CA, Fortscale Security, the innovator in machine learning-based User & Entity Behavior Analytics (UEBA) for security, announced it has secured $7 million dollars. Click here for more funding data on Fortscale Security
To export Fortscale Security funding data to PDF and Excel, click here
Fortscale's latest round of funding was led by Evolution Equity Partners and Valor Capital Group. The round also included investments from previous investors including Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global. This latest investment round brings Fortscale's funding total to $23 million and coincides with the release of the company's newest offering: Presidio, the industry's first embedded UEBA engine. The funding will be used in multiple capacities as Fortscale enters its next phase of growth. The company plans to focus on new global business expansion, specifically targeting the European and Latin American markets, while also expanding its research and development operations and team located in Israel. Additionally, the funding will contribute to the ongoing development of Fortscale's evolving product line. '2017 is shaping up to be a momentous year for Fortscale with the release of Presidio and the continued expansion of our global business operations,' said Idan Tendler, co-founder and CEO, Fortscale. 'We are proud and grateful to have the support of the investment community who understand the importance of our ongoing mission to stop insider threats faster and more effectively than ever before.' Fortscale's award-winning UEBA platform, deployed in Fortune 1000 companies, leverages advanced User & Entity Behavior Analytics to dramatically uncover insider threats and reduce data breaches. Pioneering pre-emptive, big data analytics and advanced machine learning, Fortscale is able to automatically discover compromised credentials of employees, rogue users and identify real-time risk levels to support adaptive responses that optimize the value of the existing security infrastructure. Fortscale's latest offering, Presidio, extends the platform to be natively embedded into existing security solutions such as SIEM, EDR, EPP, DLP, CASB, and IAM, offering a new level of accessibility for organizations looking to implement a UEBA solution without the need to deploy a stand-alone product. 'Fortscale is a globally recognized innovator in UEBA that is leading the ongoing fight against insider threats,' said Richard Seewald, founder and general partner, Evolution Equity Partners. 'We look forward to working with Fortscale on their international expansion and helping them establish partnerships that will fuel their continuing growth.' 'Organizations are increasingly turning to Fortscale's UEBA solution to protect their assets, customers and reputations,' said Scott Sobel, co-founder and managing partner, Valor Capital Group. 'We're honored to join Fortscale on their journey and are eager to provide value as the company enters new markets and evolves its new Presidio ecosystem.' Fortscale's successful funding round coupled with the launch of Presidio builds upon the momentum of a strong 2016. The company received numerous awards and recognition including a 2016 Gartner 'Cool Vendor' in Identity and Access Management and Fraud. Fortscale was also named to Calcalist's list of 'top 50 most promising Israeli startups' for 2016 and NetworkWorld's list of intriguing new products. For more information, visit www.fortscale.com. About Fortscale
Fortscale gives you real-time visibility into the actions of users and entities in your environment and uncovers insider threats by identifying unusual behaviors that pose a risk to your business. Combining predictive, big data analytics and advanced machine learning, the Fortscale User and Entity Behavioral Analytics (UEBA) engine can be deployed as a stand-alone solution optimized for security operations centers (SOCs) or natively embedded in security infrastructure solutions - SIEM, EDR, EPP, CASB, DLP, IAM - to improve risk analysis and decision-making. Upon deployment, Fortscale starts processing user and entity data from throughout your security infrastructure, autonomously modeling behaviors, and quickly and accurately identifying anomalous, risky activity to uncover insider threats. Backed by Intel Capital, Blumberg Capital, Swarth Group, CME Ventures, Evolution Equity and Valor Capital, Fortscale's insider threat solution lowers analyst stress-levels and improves your security posture overall. For more information, visit www.fortscale.com. About Evolution Equity Partners
Evolution Equity Partners, based in New York City and Zurich, Switzerland, invests in growth stage technology companies in the United States, Europe and Israel helping exceptional entrepreneurs develop market leading companies. The firm has a focus on Cyber-Security and Enterprise Software and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Current and past portfolio companies include: AVG Technologies (AVG: NYSE), Cognitive Security (CSCO: NASDAQ), OpenDNS (CSCO: NASDAQ), Carbon Black, Onapsis, Security Scorecard, and DFLabs among others. For more information, please visit us at evolutionequity.com or connect with us on Twitter @evolutionequity. About Valor Capital Group
Valor Capital Group, LLC is an investment firm focused on Brazil and US-Brazil cross-border opportunities with a presence in New York, San Francisco and SÃ£o Paulo. The firm operates across two investment strategies: Growth Equity and Venture Capital. Their investments include SontraCargo, Udacity and Descomplica. www.valorcapitalgroup.com. (c)2011-2017 by Massinvestor, Inc.  For contact info, please check out our about page.

Fortscale Security Grabs $7M

By NoCamels Team March 01, 2017
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 March 1, 2017 | Israeli behavior analytics company Fortscale Security Ltd. has raised $7 million in its latest financing round led by Evolution Equity Partners and Valor Capital Group. The round also included investments from previous investors Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global. This latest investment round brings Fortscale’s funding total to $23 million and coincides with the release of the company’s newest offering: Presidio, the industry’s first embedded UEBA engine. With offices in San Francisco, Boston and Tel Aviv, Fortscale has developed machine learning-based user and entity behavior analytics (UEBA) for security. The company was founded by CEO Idan Tendler and COO Dr. Yona Hollander. Facebook Comments
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 March 1, 2017 | Israeli behavior analytics company Fortscale Security Ltd. has raised $7 million in its latest financing round led by Evolution Equity Partners and Valor Capital Group. The round also included investments from previous investors Intel Capital, Blumberg Capital, Swarth, CME ventures and UST Global. This latest investment round brings Fortscale’s funding total to $23 million and coincides with the release of the company’s newest offering: Presidio, the industry’s first embedded UEBA engine. With offices in San Francisco, Boston and Tel Aviv, Fortscale has developed machine learning-based user and entity behavior analytics (UEBA) for security. The company was founded by CEO Idan Tendler and COO Dr. Yona Hollander. Read more
 March 1, 2017 |US enterprise security company Palo Alto Networks has acquired Israeli cyber security company LightCyber for $105 million in cash and  according to Israel’s “Globes,” an additional $25 million in shares. LightCyber has raised $32 million in funding, including $20 million last June. The company has annual revenue of $10 million.LightCyber has been developing automated behavioral analytics capabilities, using sophisticated machine learning to quickly, efficiently and accurately identify attacks based on identifying behavioral anomalies inside the network.This is Palo Alto Networks second Israeli acquisition after buying information security company Cyvera in 2014 for $200 million. Read more
 February 28, 2017 | innogy SE , a leading European energy company, and  OurCrowd , a leading equity crowdfunding platform, announced a new business partnership today. The partnership will combine the strength of OurCrowd’s network and ability to scout investment opportunities in Israeli startups and match the business objectives of innogy to provide innovative products and services beyond the energy market.OurCrowd, a platform that connects investors and startups around the world, will help funnel Israeli technology startups that support innogy. This partnership will help innogy achieve its goal of enabling people to improve their quality of life by changing and enhancing the energy sector worldwide (and in Europe and Germany in particular) through decarbonisation, decentralisation and digitalisation.innogy’s Innovation Hub established an outpost in Israel to engage with innovative startups in its areas of interest (Smart & Connected, Urban Solutions, Disruptive Digital, Big Data and Machine Economy/Blockchain), aiming to collaborate and invest in accordance with its open innovation strategy. The innogy Israel outpost is managed by Mickey Steiner, who has a wealth of experience in the Israeli hi-tech industry and is based in Tel Aviv.Photos: Courtesy
Read more
  February 28, 2017 | The Ambassador of the Federal Republic of Germany in Israel, Dr. Clemens von Goetze, will confer Germany’s highest honor, the Order of Merit, on the President of the Hebrew University of Jerusalem  Menahem Ben-Sasson. The Commander’s Cross of the Order of Merit of the Federal Republic of Germany will recognize Prof. Ben-Sasson’s commitment to German-Israeli relations in the field of science, and thus to the cooperation between the two nations. The Order was established in 1951 to express recognition and gratitude to deserving men and women of the German people and of foreign countries.Prof. Ben-Sasson is the thirteenth president of The Hebrew University and is currently serving his second four-year term in office. Prior to serving as president, Prof. Ben-Sasson was a Member of the Israeli Knesset, where he served as Chairman of the Knesset’s Constitution, Law and Justice Committee, and headed the Knesset Lobby for Higher Education. Prof. Ben-Sasson is a scholar in the Department of the History of the Jewish People in the Faculty of Humanities. A historian of the heritage of Jews in Muslim Lands, he has written some forty books and scholarly articles. He has served as President of the World Union of Jewish Studies, Vice-President of the Memorial Foundation for Jewish Culture, Chairman of the Ben-Zvi Institute for the Study of Jewish Communities in the East, and on the board of directors at Yad Vashem. Prof. Ben-Sasson lives in Jerusalem and speaks Hebrew, Arabic, English, French and German. He is married and has three children and six grandchildren.Photo: Hebrew University

Behavior Analytics Co. Fortscale Raises $7M

28 FEBRUARY 20171 MIN READ
Hackers employ a variety of tactics to target corporate infrastructure, but most successful attacks have one thing in common: They exploit legitimate user credentials to access data. It’s a vector that Fortscale Security Ltd. has spent the past five years trying to close. To fuel its efforts, the startup today announced that it has raised $7 million in funding from a group of investors led by security-focused fund Evolution Equity Partners and Valor Capital Group. They were joined by several of the backers that contributed to Fortscale’s previous two rounds, including Intel Corp.’s venture capital arm. The firm has raised a total of $23 million to date from seven funds. What drew the chip giant and the other investors on the list to Fortscale is its threat detection platform, which employs machine learning technology to detect when login credentials are used in a suspicious manner. One of the system’s biggest selling points is that it doesn’t require security professionals to manually define rules for when an action should be flagged as traditional alternatives do. Instead, its algorithms automatically evaluate user behavior based on a combination of some 50 security criteria and historical activity data. This approach enables Fortscale’s platform to spot not only hacking attempts but also cases where it’s authorized users who are to blame for suspicious activity. When a positive hit is detected, the system scores the threat based on its severity to help information technology administrators prioritize their work. The mechanism ensures that potential database breaches and other urgent risks aren’t put on the back burner while the IT department through alerts caused by, say, an oblivious worker printing out an off-limits document. When an issue does warrant attention, administrators can use Fortscale’s diagnostics dashboard to map out the full scope of the problem. The startup also offers an embedded version called Presidio that enables companies to plug its detection capabilities into the third-party security platform they prefer to use for tackling breaches. It hit general availability in conjunction with today’s funding announcement.

Fortscale raises $7M for its self-learning insider threat detector

Quest Software is a solutions provider to insurance companies based in St. John, MI.

Quest Software

`` Quest Software is a true leader in our industry , and Fortscale is delighted to partner with them and add Threat Detection to their customer and client base '' said Idan Tendler , co-founder and CEO at Fortscale .

San Francisco, CA, Sep 25, 2017 – Fortscale Security Ltd .
Fortscale Embedded Analytics Selected by Quest Software to Provide Threat Detection Capabilities.

Intel (NASDAQ: INTC) designs, manufactures, and sells computer components and related products. The company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory, graphic, network and communication, systems management software, conferencing, and digital imaging products.

Intel

Cyberark Software is a pioneer of a new layer of IT security solutions that protects organizations from cyber attacks that have made their way inside the network perimeter to strike at the heart of the enterprise. The company's software solution is focused on protecting privileged accounts, which have become a critical target in the lifecycle of today's cyberattacks. The company's customers use its solution to introduce this new security layer to protect against, detect and respond to cyberattacks before they strike vital systems and compromise sensitive data.

CyberArk Software

Exabeam complements existing security information and event management and log management systems with machine-learning technology that focuses on attacker behavior rather than malware and tools to detect modern cyberattacks. Exabeam's user behavior analytics solution leverages existing log data to quickly detect advanced attacks, prioritize incidents and guide effective response. The company's Stateful User Tracking automates the work of security analysts by resolving individual security events and behavioral anomalies into a complete attack chain. The firm primarily serves retail banks, investment banks, academic institutions, retail, and technology firms. It was founded in 2013 and is based in Foster city, California.

Exabeam

Gurucul is transforming enterprise security with user behavior based machine learning and predictive analytics. Using identity to monitor for threats, Gurucul provides Actionable Risk Intelligence to protect against targeted and under-the-radar attacks. Gurucul is able to proactively detect, prevent, and deter advanced insider threats, fraud and external threats to system accounts and devices using self-learning, behavioral anomaly detection algorithms.

Gurucul

Interset provides intelligent, accurate insider and targeted outsider threat detection. The Company's solution unlocks the power of user behavioral analytics, machine learning, and big data to provide a fast, flexible, and affordable way for IT teams of all sizes to operationalize a data-protection program. Utilizing agentless data collectors, lightweight endpoint sensors, advanced behavioral analytics, and an intuitive user interface, Interset provides visibility into sensitive data. This enables early attack detection and forensic intelligence with reduced false positives and noise. Interset solutions are deployed to protect critical data across the manufacturing, life sciences, high-tech, finance, government, aerospace and defense, and securities brokerage industries.

Interset

Aruba Networks is a fast-growing enterprise infrastructure company enabling the mobile edge, an evolutionary new network architecture that addresses three top concerns of IT managers - mobility, security, and convergence. The mobile edge extends the reach of enterprise networks, providing secure access to information and voice services anywhere a user needs them, enabling new applications, allowing organizations to compete more effectively, and bringing about dramatic economic benefits. To deliver the mobile edge, Aruba manufactures and markets a complete line of fixed and modular mobility controllers, controlled wired and wireless access points, and an advanced networking software suite for delivering mobility, security and convergence services.

Aruba Networks

Securonix provides enterprises with a security analytics platform that uses Hadoop and machine learning technology to consume, enrich and analyze massive volumes of data to detect and prioritize the highest insider threat, cyber threat, cloud, and fraud attacks automatically and accurately. The company was founded in 2017 and is based in Addison, TX.

Securonix

ImageWare Systems develops mobile and cloud-based identity management solutions, providing biometric secure credential and law enforcement technologies. Scalable for worldwide deployment, ImageWare's patented biometric product line includes a highly scalable, multi-modal biometric engine capable of working with a wide array of sensors, modalities, and algorithms. ImageWare's identity management products are used for secure credentials, national IDs, passports, driver's licenses, and smart cards as well as both application and physical access control systems. ImageWare products support a wide range of biometric modalities including, but not limited to, face, voice, fingerprint, eye, DNA, and more.

ImageWare Systems

Fishtech Labs is a technology accelerator focused on finding and creating solutions for our clients that deliver operational efficiencies and improved security posture. Fishtech Labs is immersed in the changing security and emerging technology landscape specific to Cloud, IoT, SDN, and Virtualization.

Fishtech Labs

Cloudera provides enterprise data management solutions that offer a unified platform for data, an enterprise data hub built on Apache Hadoop. It provides enterprises one place to store, process, and analyze all their data, empowering them to extend the value of existing investments while enabling fundamental new ways to derive value from their data.

Cloudera

McAfee

Entercept Security Technologies

Netect

Bridgecrew

Elbit Systems

Aqwise

Israeli Defense Forces

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

Artificial Intelligence

Cybersecurity

Acquired

Fortscale Security provides organizations with a platform combining predictive, big data analytics and advanced machine learning to give real-time visibility into the actions of users and entities across an environment and uncovers insider threats by identifying unusual behaviors that pose a risk to it.

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