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Capsule8 Secures Funding and Announces Board of Advisors

Capsule8 is on the move.  Last week, the company announced it had secured a Series B round of funding in the amount of $15M.  The round, led by ClearSky Security, also features participation from Bessemer Venture Partners, Rain Capital and strategic investors.  The round brings total funding to $23.5M and will be used to scale Capsule8's engineering organization and fuel sales efforts of the Capsule8 platform.

"We are incredibly impressed with the momentum of Capsule8 and the market traction they have already made since their product launch in April," said ClearSky Security Managing Director Jay Leek. "We believe they are unique in how they are solving a very complicated issue, security in the production environment, and know they are set up for even more big wins in their next phase of growth."

Capsule8 offers a real-time, zero-day attack detection platform capable of scaling to massive production deployments.  Capsule8 delivers continuous security across the entire production environment - containerized, virtualized and bare metal.  And it enables its customers to stop attacks in progress, and without human intervention.  And it provides deep visibility into the system that makes it easy to investigate incidents in a way that is specifically designed to meet enterprise needs.  Capsule8 is driving a new automated approach to attack detection and response approach that will, over time, help organizations arrive at the SOCless enterprise.

"Our early traction with some of the largest companies in the world, coupled with this latest round if funding, is incredible validation for our team and our technology," said John Viega, CEO, Capsule8. "The landscape of enterprise production environments continues to change and enterprise security has to change along with it. Our mission is to help lead that evolution, and we're well on our way."

The company also announced its newly formed Board of Advisors. The Board will provide strategic counsel and guidance as Capsule8 tackles one of the security industry's largest issues: detecting zero-day attacks in production environments.

The Capsule8 Board of Advisors includes founders of some of the most successful security companies in the world as well as some of the most advanced security practitioners at leading enterprises and government agencies. The advisory board includes:

  • Jim Bandanza - Bandanza has more than 20 years of experience as an executive at multiple cybersecurity and cloud companies, including Chief Revenue Officer at COO at CounterTack, EVP and COO at Egenera, and Senior VP of Field Operations at RSA, the Security Division of EMC.
  • Christopher Bolin -  Bolin has been in information security for more than 20 years, having most recently served as Chief Strategy Officer at Absolute. Previously he was CEO/President of two European based companies, Uniblue and Prevx, and also CTO and EVP of Products at McAfee.
  • Ben Johnson - Johnson is CTO and co-founder of Obsidian Security. Prior to founding Obsidian, he co-founded Carbon Black and most recently served as the company's Chief Security Strategist.
  • Zane Lackey - Lackey is the Co-Founder and Chief Security Officer at Signal Sciences and the author of Building a Modern Security Program (O'Reilly Media). He serves on multiple Advisory Boards including the National Technology Security Coalition, the Internet Bug Bounty Program, and the US State Department-backed Open Technology Fund. Prior to co-founding Signal Sciences, Zane was at the forefront of the DevOps/Cloud shift as CISO of Etsy.
  • Caleb Sima - Sima recently left a senior security role at CapitalOne, where he spearheaded many of their security initiatives. Prior to CapitalOne, Sima founded SPI Dynamics (acquired by HP) and BlueBox security(acquired by Lookout) and has served as an advisor, investor, and CEO for security companies.
  • Gil Zimmermann - Zimmermann leads cloud security go to market, innovation, market expansion strategy and execution for Cisco's $3B Security business. Before Cisco, Zimmermann was the CEO and co-founder of CloudLock, which he grew into a cybersecurity market leader, resulting in its acquisition by Cisco in 2016.
Published Tuesday, August 14, 2018 7:34 AM by David Marshall
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