Sentinel Raises $12MM to Build Next Generation of Security Infrastructure
Cyber security startup will disrupt the antivirus status quo with next generation endpoint protection on all major operating platforms
PALO ALTO, Calif., April 23, 2014-- Sentinel Labs, a leading cyber-security firm focused on multi-device endpoint and server advanced threat protection, has raised $12 million in its Series A financing. Tiger Global led the round with full participation from existing investors Accel Partners, Data Collective (DCVC), and Granite Hill Capital Partners, alongside new investor The Westly Group.
The funding will be used to expand Sentinel’s offering, and for launching a complete Next Generation Endpoint Protection suite, built on Sentinel’s next generation predictive execution modeling engine, to compete with the traditional antivirus vendors, by year’s end.
“The age of the antivirus is over. The endpoint world is ripe for disruption in light of the ineffectiveness of current antivirus technology and limited visibility of network based products,” said Tomer Weingarten, CEO of Sentinel Labs. “We’ve championed the idea of endpoint being the last line of defense against threats; now we’re going to take that initial concept and tackle the antivirus itself, an industry that hasn’t changed in ten years despite ever growing threats.”
Sentinel protects workstations, mobile devices and servers across an organization from advanced threats. With its patent-pending real-time host-based technology, Sentinel is the only company to currently offer protection on all major platforms including Windows, Mac OSX and Android, from all vectors of attacks. The company is also currently developing agents for iOS and Linux which will be launched within 60 days. Using its proprietary predictive execution modeling engine, Sentinel is able to stop attacks even if they are unknown, or brand new, by predicting the attack patterns, instead of relying on file signatures or static indicators of compromise. The company is working today with a number of Fortune 500 companies, helping them to stop attacks that current network-based and host-based behavioral systems fail to catch.
“I believe that Sentinel represents the future of APT detection,” said Yahoo CISO Alex Stamos. “Targets of APTs that have deployed the leading centralized solutions are starting to deal with their serious downsides. Sentinel solves these problems by running on the targeted host and detecting successful compromise. I can strongly recommend that any company facing nation-state and other advanced threats give Sentinel a shot.”
Mike Kail, VP of IT Operations at Netflix said, “Signature-based endpoint security solutions were never a great solution, and the convergence of Cloud, Consumerization, and Always-Mobile means that endpoint protection is more important than ever.” Mr. Kail continued, “Sentinel's unique, light-weight agent-based solution, combined with the management console and global threat feed, is the solution that we've been waiting for.”
Chief Trust Officer at Box, former CISO at Symantec and Sentinel advisor Justin Somaini commented, “With the onslaught of malicious actors deploying advanced malware and the limitations of existing antivirus software, Sentinel is providing a critical solution to this problem. A solution that will benefit the entire industry.”
Sentinel’s approach to detecting intent results in significant CPU and memory efficiency. Sentinel’s technology typically runs with fractions of a percent of overall CPU and memory footprint on every device in an enterprise environment, from deep in its datacenters, to its employees’ or customers’ homes; and from Internet of Things endpoints to ATMs to critical infrastructure platforms for energy and water delivery.
The Sentinel team is comprised of security experts hailing from Intel, McAfee, Checkpoint, and elite units in the Israel Defense Forces, with multiple decades of collective experience in detecting and defeating nation-state level malware.
About Sentinel Labs:
Sentinel offers true behavioral on-machine protection in real time. We don’t inspect files or websites, we detect suspicious intent from incipient attacks, in real time as they happen and stop them before they do damage – right on your device. Sentinel currently offers real time, predictive execution modeling detection, and full protection from targeted, zero day threats. Founded by cyber security experts, Sentinel provides next generation endpoint protection across all your devices and platforms. Sentinel previously raised a $2.5M seed round from investors including Accel Partners, Data Collective (DCVC), Dan Scheinman, Granite Hill Capital Partners and UpWest Labs. Sentinel is based in Palo Alto, California and Tel Aviv. Learn more at sentinel-labs.com or follow us at @SentinelSec.
Tomer Weingarten, 650-516-6635
Venture Capital Database