We are seeing an increase in the frequency and impact of cyber attacks nowadays. This startup is helping organizations find and stop ongoing security attacks.
⚾ Elevator Pitch:
Governments worldwide saw an alarming 1885% increase in attacks, and the business industry face a 775% increase in ransomware in just 2021. Regardless of why there has been such a drastic increase, it is more important than ever to protect personal and confidential information.
Confluera is an autonomous detection and response platform leveraging that tracks and stops cyberattacks in real-time. The system can accurately track trails of ransomware and determine how to best mitigate that.
👇 The Drop Down
💻 Site: https://www.confluera.com/
🌱 Founded: 2018
🦄 Stage: Series B
📈 Tech Trend: Cyber security, Cloud
🦶 Traction: Raised $29M in total, including a $20M Series B investment, 2 products launched with 15+ high advisory customers including U.S Air Force and Turnitin, Featured on TechCrunch, DevOps, Business Wire, and Silicon Angle.
✊ Team: - Techstars graduate and cloud security advisors
John Morgan (CEO) | Abhijit Ghosh (CTO) | Niloy Mukherjee (Chief Architect)
🔍 Why we like it:
⚙ Their specialty is their products
Confluera leverages patented Real-time threat storyboarding to connect isolated findings across the length of time. By using this system, users have had 91% reduction in detecting and responding to threats, a 98% reduction in overall alerts, and a 5x improvement in ROI. Usually, products like this have few integrations and aren’t widely compatible. However, that's not the case with Confluera, their products are compatible across popular cloud infrastructures including AWS, Azure, and GCP.
⌚ Their timing couldn’t be any better
Cybersecurity has always been important, but the pandemic has drastically increased the need for top-of-the-line security. The world has seen an average of 105% increase in ransomware attacks. Confluera has built a product that is autonomous and can be used by anyone which is why they’ve landed some of the best customers in the world including Roysons, Coastal, and EmpInfo.
🤼 The team is stacked & Ready to grow
Confluera has a team of engineers, data analysts, and cybersecurity experts, backed by industry-leading companies and technical knowledge. Plus, the company recently snugged a $20M Series B funding, raising the total investment to $29M. Although Confluera hasn’t really increased its headcount, they are ready to take it to the next level.
🤝 Get involved with Confluera
Check out Real-time threat storyboarding
Read the data sheets and whitepapers