Welcome!

Python Authors: Matt Davis, AppDynamics Blog, Pat Romanski, Donald Meyer, Liz McMillan

News Feed Item

Lastline Secures $10 Million Funding Round

Lastline, an advanced malware defense platform provider, has raised $10 million from new investors Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and e.ventures. With the new round of funding, Lastline will continue to focus on serving its rapidly growing, global enterprise customer base as well as new and existing partnerships to improve information security and threat intelligence worldwide.

This round of funding adds to the $13.7 million raised in earlier rounds to bring total funding raised to nearly $24 million since the company’s founding in 2011.

“Today's strategic investment in Lastline expands our commitment to bring innovation and breakthrough technology to our customers,” said Victor Chang, Director of Dell Ventures. “Combining Dell IP with Lastline technology positions us to deliver differentiating solutions to help protect our customers from the ever-changing, advanced security threats to their business.”

Dell Ventures, the strategic investment arm of Dell, announced its $300 million Strategic Innovation Venture Fund last December. In addition to providing capital, Dell Ventures can offer access to a breadth of Dell resources, including technical and business expertise, brand, OEM solutions, channels and go-to-market relationships.

"Advanced malware is impacting businesses in every region and industry," said Shaun Tanabe, Director of Presidio Ventures. "We are proud to join the Lastline team in bringing their unmatched mix of academic rigor, executive leadership and anti-malware innovation to market around the world."

Funding from Presidio Ventures, the wholly-owned, U.S.-based investment vehicle of Sumitomo Corporation, underscores Lastline’s expanding reach into Japan as well as into broader enterprise markets in the Asia-Pacific region including banking, infrastructure, media and manufacturing.

“Lastline has the most compelling advanced malware defense platform on the market. Its software- and cloud-centric approach provides enterprises an average of ten times the value of first-generation APT appliance vendors,” said John Walecka, partner of Redpoint Ventures. “Lastline can detect evasive malware that is crafted to bypass detection of open source and first-generation sandboxing technology.”

In June 2013, Redpoint Ventures and e.ventures led the $10 million Series B round, commercially catapulting the company with deep academic roots into the multibillion-dollar global IT security marketplace.

In the past year, Lastline has deployed its next-generation sandbox powered by full system emulation technology and cloud-based threat analysis in enterprises and with managed security service providers (MSSPs) across North America, Europe and Asia -- rooting out zero-day threats, advanced persistent threats (APTs), advanced targeted attacks (ATAs) and advanced malware not caught by traditional anti-virus or first-generation sandboxing technologies.

“Our software platform and cloud-centric approach to combating advanced malware is seeing a strong response in the market from global enterprises and our security partners who are dissatisfied with the costly and incomplete offerings of first-generation APT vendors,” said Jens Andreassen, CEO of Lastline. “We are delighted to have new and existing investors backing our vision to help us defend even the largest organizations and the billions of people they serve worldwide from this new wave of pernicious threats.”

The Lastline advanced malware defense platform provides Global 2000 enterprises universal protection against threats entering networks via Web, file and email. Lastline inspects network traffic, attachments and URLs for advanced malware in an elastic, cloud-centric, sandbox analysis environment, without relying on traditional signature-based approaches.

About Lastline, Inc.

Lastline, Inc. provides the best-in-class malware defense platform to detect and stop advanced persistent threats, zero-day exploits and evasive malware. Lastline’s next-generation sandboxing technology inspects common network protocols and files to identify and stop advanced threats that bypass traditional signature-based systems, while remaining invisible to the malware itself using full-system emulation. The Lastline software platform makes it highly efficient and cost-effective to protect large, distributed organizations on existing hardware and in the cloud. Headquartered in Redwood City, Calif. with offices throughout North America, Europe and Asia, Lastline was founded in 2011 by world-renowned security researchers and the creators of Anubis and Wepawet – malware analysis tools used by thousands of security providers, Global 2000 companies and government agencies worldwide. To learn more, visit www.lastline.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
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...
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics gr...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things’). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing? IoT is not about the devices, it’s about the data consumed and generated. The devices are tools, mechanisms, conduits. In his session at Internet of Things at Cloud Expo | DXWor...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.