Detecting threats within a company is often difficult, but a Palo Alto-based company thinks the best way to do it is through collaboration with other security domain experts.
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Anvilogic raised $4.4 million in seed funding to further build out its collaborative security operations center (SOC) content platform that targets those experts—instead of developers. The platform provides information, such as detection rules and algorithms, via a specialized framework, a codeless content builder, and a sharing environment meant to accelerate the time to detect and triage threats in an enterprise, Karthik Kannan, founder and CEO of Anvilogic, told Crunchbase News.
“We set out to solve the collaboration problem and how security domain experts could exchange code,” he added. “We also provide a codeless developer, so you don’t have to know that [the code], and a standardized framework so the code that is shared can be taken and used by someone else. You could reveal yourself within a trusted group or be completely anonymous.”
Foundation Capital led the seed round with participation from Point72 Ventures, Dan Warmenhoven and Nikesh Arora. The new funding will help the 1-year-old company deepen the team’s skills, specifically in research and development, and the cybersecurity domain, as well as acquire its first 25 customers, Kannan said.
Over the past 20 years, the cyber industry has moved into modern software with tools to build and manage models, and many companies were established to enable statistical analysis, Ashu Garg, general partner at Foundation Capital said in an interview.
“Anvilogic is providing a modern approach to developing, managing and deploying those models, enabling collaboration and reuse,” he added. “A vast majority of companies cannot attract world-class talent—maybe four or five top companies can in every vertical because they have the brand. Anvilogic provides every SOC analyst with access to the same capabilities, creating Google-class capabilities to everyone else.”
The company also will add to its 20-person go-to-market workforce after previously adding security experts from enterprise and government backgrounds.
Meanwhile, Kannan said after talking with customers he found that traditional security operations centers are getting filled up with best-of-breed products, but operating as islands without someone to provide a unified view of the threat landscape. He believes this is where Anvilogic comes in.
“They aren’t integrated, in part because the cost of licensing is too high,” he added. “Anvilogic is sitting in the middle of these islands and is becoming a content provider, supplying content to all.”
Illustration: Li-Anne Dias