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There is no cybersecurity skills gap, but CISOs must think creatively The mix of what Redacted has built to date, he says, is being aimed at smaller, mid-sized and slightly larger corporates, particularly those that are not capable of building tools like this themselves. “But if not, then it’s just the awareness that they’d been seen and that generally causes them to retreat.” “If they’re in a place where they can be touched by law enforcement, that can be used to get them to stop,” he said. It’s also a highly technical operation: The startup has also built tools, with some of its own tech and leaning on tech built by others, to find patterns in the work that cybercriminals do and eventually track them to where they are. But from how Kelly describes it, it sounds like there is a very human face to cybercrime, and the mere fact of identifying bad actors can get them to retreat. In an environment where cybercrime has taken on the profile of some of the most advanced innovations in technology, with both bad actors and security apps and services leaning on artificial intelligence and automation to do their work, it sounds almost too human an approach. “So we thought about it and decided that the best approach would be to ask who is doing this, get them to stop.” “We couldn’t buy any security tools that worked because of the scale of the company,” he said.

There was also the issue of the size of Facebook itself. Cyber Command and the U.K.’s GCHQ.Ĭado Security locks in $10M for its cloud-native digital forensics platform The startup is populated with a bigger team that the startup likes to say has “more than 300 years of combined experience” in cyber defense, with experience at Facebook, Amazon, NASA JPL, Symantec, Cisco, FBI, CIA, NSA, DIA, Army, Air Force, Navy, U.S. His co-founder, John Hering, was the founder and CEO of cybersecurity firm Lookout. The company is led by Max Kelly, who was previously the chief security officer at Facebook and before that held roles at the National Security Agency and U.S. It’s always interesting when a startup comes out of nowhere with a substantial round of VC backing, but it’s almost always because that startup has some interesting pedigree - and that is the case here. (Ten Eleven is a VC specializing in cybersecurity that has backed a number of other startups.) It brings the total raised by Redacted - which it specifically styles “”…with brackets - to $60 million, including a previous funding of $25 million.

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The Series B is being led by Ten Eleven Ventures, with participation from Valor Equity Partners and SVB Capital. And along with its public launch, Redacted is announcing $35 million in funding to expand its business.

Today a startup called Redacted is coming out of stealth with a different approach to tackling that malicious activity: It applies threat intelligence, and then proactively goes after the hackers to recover data loss and disrupt their activities. The cybersecurity industry has no shortage of technology to fight against network intruders, app corrupters, email hackers and other cyber criminals.

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