Click here to close now.




















Welcome!

Eclipse Authors: XebiaLabs Blog, Ken Fogel, Sematext Blog, Marcin Warpechowski, Trevor Parsons

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
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of profound change in the industry.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect their organization.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducted a live demonstration of how quickly application development can happen when the need to comply wit...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, described how to revolutionize your archit...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world and it starts with business models and monetization strategies.
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, discussed IoE and the enormous opportunities it provides to public and private firms alike. She will share what businesses must do to thrive in the IoE economy, citing examples from several industry sectors.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Opening Keynote at 16th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, d...
There will be 150 billion connected devices by 2020. New digital businesses have already disrupted value chains across every industry. APIs are at the center of the digital business. You need to understand what assets you have that can be exposed digitally, what their digital value chain is, and how to create an effective business model around that value chain to compete in this economy. No enterprise can be complacent and not engage in the digital economy. Learn how to be the disruptor and not the disruptee.
Akana has released Envision, an enhanced API analytics platform that helps enterprises mine critical insights across their digital eco-systems, understand their customers and partners and offer value-added personalized services. “In today’s digital economy, data-driven insights are proving to be a key differentiator for businesses. Understanding the data that is being tunneled through their APIs and how it can be used to optimize their business and operations is of paramount importance,” said Alistair Farquharson, CTO of Akana.
Business as usual for IT is evolving into a "Make or Buy" decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud business applications and services across multiple cloud delivery models.
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI Intelligence, he worked analyzing bank technology for Corporate Insight and The Clearing House Payment...
In his keynote at 16th Cloud Expo, Rodney Rogers, CEO of Virtustream, discussed the evolution of the company from inception to its recent acquisition by EMC – including personal insights, lessons learned (and some WTF moments) along the way. Learn how Virtustream’s unique approach of combining the economics and elasticity of the consumer cloud model with proper performance, application automation and security into a platform became a breakout success with enterprise customers and a natural fit for the EMC Federation.
"Optimal Design is a technology integration and product development firm that specializes in connecting devices to the cloud," stated Joe Wascow, Co-Founder & CMO of Optimal Design, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that CommVault has been named “Bronze Sponsor” of SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. A singular vision – a belief in a better way to address current and future data management needs – guides CommVault in the development of Singular Information Management® solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. CommVault's exclusive single-platform architecture gives companies unp...
Electric Cloud and Arynga have announced a product integration partnership that will bring Continuous Delivery solutions to the automotive Internet-of-Things (IoT) market. The joint solution will help automotive manufacturers, OEMs and system integrators adopt DevOps automation and Continuous Delivery practices that reduce software build and release cycle times within the complex and specific parameters of embedded and IoT software systems.
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.