US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection

By VCPOST Staff Reporter

Apr 24, 2014 08:41 AM EDT

Cybersecurity startup HackSurfer has raised $3.5 million in funding to provide better cloud protection for its clients. The firm's product helps find and neutralize threats that come from different sources, according to VentureBeat.

Co-founder and chief architect Jason Polancich explained how HackSurfer works: "We're not a single system but a platform - a collection of data information, storage, and analytics tools. HackSurfer is designed to address risk intelligence and bridge the gap between systems, tools, and data that exist at the lower level [and the higher level]... We take information from end users and match that to our systems trending cybercrime. [We] provide a one-stop, high-level picture of what is going on in the world."

The company's flagship product, the cloud-based CyberFact Data Model, provides users with real-time data protection for private and government enterprise data. It gets rid of risks and prevents data from being tapped into by hackers, the report detailed.

The bootstrapped startup currently employs 20 people all over the world. Half of HackSurfer's workforce are from the NSA and its sister intelligence groups. The rest of them are from the private sector of the IT industry, VentureBeat reported.

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