Welcome!

Python Authors: Pat Romanski, Jyoti Bansal, Donald Meyer, Liz McMillan, Elizabeth White

News Feed Item

Emerging Threats Completes Over $1M Seed Round

Investment from Elevate Ventures, HALO Capital Group, and Co-investor Lawrence Ventures Enable Emerging Threats to Continue Resource and Product Expansion

LAFAYETTE, Ind., Jan. 22, 2013 /PRNewswire/ -- Emerging Threats, a world-leading provider of open source and commercial threat and malware intelligence, today announced it has completed its initial round of over $1M of funding from Elevate Ventures, HALO Capital Group, (an angel investor network managed by technology growth initiative TechPoint), and Lawrence Ventures. This round of seed funding will be used to expand Emerging Threats' malware intelligence product lines and increase staff in development, product management, and sales to meet the increasing market demand of Emerging Threats solutions.

(Logo:  http://photos.prnewswire.com/prnh/20130122/DE45641LOGO )

Elevate Ventures is a venture development organization that provides capital and entrepreneurial assistance services to connect high-potential, high-growth companies with the resources they need to succeed long-term.

HALO (Hoosier Angels Looking for Opportunities) is a group of successful Indiana entrepreneurs seeking to invest in up-and-coming companies, offering capital (typically within the range of $250,000 to $2 million) and management expertise to high-potential start-ups.  HALO has invested nearly $20 Million in Indiana companies.

Lawrence Ventures invests in early-stage companies and provides business and strategic advisory services to companies pursuing mergers and acquisitions, sale transactions and venture capital.

Emerging Threats continues to gain momentum in the marketplace by licensing its ETPro™ Ruleset and IQRisk™ Suite of threat and malware intelligence solutions. In 2012, Emerging Threats has secured major customers while exponentially increasing revenue over the previous year. The continued rise in global malicious threats, malware, and malware variants has increased year over year with a staggering amount of billions of these threats annually. These attacks are no longer limited to large organizations. With over 50% of the attacks breaching SMEs and smaller business, the demand for malware prevention and threat intelligence has skyrocketed.

"It's exciting to partner with investors that understand our vision and share our passion for what we do; we are pleased to have Elevate Ventures, HALO Capital Group, and Lawrence Ventures contribute to our seed funding," said Ken Gramley, CEO of Emerging Threats. "Our Investors identified Emerging Threats as a company with amazing potential in the fast growing network security market, which includes threat and malware intelligence. The company has grown significantly every quarter in 2012, and this seed round will allow us to keep the momentum going throughout 2013."

"Elevate Ventures is committed to helping emerging, high-potential businesses like Emerging Threats become successful," said Stephen Hourigan, CEO of Elevate Ventures. "Emerging Threats continues to gain market share in the malware and threat intelligence space because of its solid products and impeccable reputation in the industry, and we are excited to see the progress they have made in the past year."

"We are excited to help innovative companies like Emerging Threats continue their path to success," said Bill Godfrey, a HALO Capital Group investor and member of Emerging Threats board of directors. "The increase in malicious threats and Emerging Threats' reputation and best-of-breed solutions make them an ideal company to be part of HALO's investment portfolio. We look forward to working with Ken and his team to help them scale revenues and achieve their goals."

About Emerging Threats

Emerging Threats is a world-leading provider of open source and commercial threat and malware intelligence. Founded in 2003 as a cyber security research community, Emerging Threats has become the de facto standard in network-based malware threat detection. The company's ETOpen Ruleset, ETPro™ Ruleset, and IQRisk™ suite of threat intelligence are platform agnostic for easy integration with Suricata, SNORT®, and other network intrusion protection and detection systems. With ETPro Ruleset, organizations can achieve the highest standards of malicious threat detection with world-class support and research for extended vulnerability coverage. ETPro Ruleset is ideal for enterprises, government agencies, financial institutions, SMBs, higher education, and service providers. For more information, please visit http://www.emergingthreats.net.

About Elevate Ventures

Elevate Ventures is a non-profit, venture development organization focused on developing emerging and existing high-potential businesses and transforming them into high-performing, Indiana-based companies. The Elevate team provides professional advisory services to entrepreneurs and early-stage companies interested in significant growth, while also connecting them with other resources throughout the state.

One of the most active investors in the State of Indiana, Elevate Ventures currently manages Indiana Angel Network Fund, Indiana 21st Century Research & Technology Fund, a fund of funds, and other entrepreneurship initiatives. For more information about Elevate Ventures, Inc. and its programs, visit www.elevateventures.com.

About TechPoint

TechPoint is Indiana's only statewide technology initiative, representing industry stakeholders including publicly-traded companies, private businesses, colleges and research universities, and local economic development organizations. The group's mission is to accelerate Indiana's emerging and vibrant information technology sector by: promoting the successes of information technology companies and professionals; supporting the formation, expansion, and attraction of IT companies; and advocating appropriate public policy. TechPoint is an initiative of the Central Indiana Corporate Partnership. Visit www.techpoint.org.

© 2012 Emerging Threats Pro, LLC. All rights reserved.  All other names and marks are property of their respective owners. ETPro™, IQRisk™, and the ET design are trademarks of Emerging Threats Pro, LLC.

SNORT® is a registered trademark of Sourcefire, Inc.

Global Corporate Contact:
Byron Rashed
Emerging Threats Pro, LLC
+1 866 504 2523, x-112
[email protected]

SOURCE Emerging Threats

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of patie...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.