Venture Funding

Lightspeed Leads $9 Million Series A in Confluera

PALO ALTO — Confluera Inc., a cybersecurity startup, has raised $9 million in Series A funding led by Lightspeed Venture’s Ravi Mhatre with significant participation by John W. Thompson, former CEO of Symantec; Frank Slootman, former CEO of ServiceNow; and Lane Bess, former CEO of Palo Alto Networks.

In spite of aggregate security spending exceeding $124 billion, businesses around the world are struggling to detect and stop ever-increasing cybersecurity attacks. These attacks typically blend in the environment, dwell over potentially long periods and use stealthy techniques to move around the infrastructure leading to devastating data breaches and reputational damages. However, the cybersecurity industry continues to focus on largely ineffective point solutions with narrow visibility, inconclusive correlations, and post-facto breach analysis.

Confluera offers complete real-time visibility and automated response to security breaches by fusing machine comprehended threat rankings with accurately tracked activity trails. This marks the beginning of an era in cybersecurity space where manual threat hunting and correlations are replaced by deterministic and autonomous tracking of the attacker’s intent and progress. Enterprises can now automatically manage security risks across their critical infrastructure.

The Confluera platform is underpinned by patent-pending Distributed Execution Trail Ranking technology. The technology leverages distributed ledger principles to deterministically track infrastructure wide activity trails while continuously aggregating machine-comprehended behavioral signals on these trails. These trails are scored and ranked to conclusively intercept ongoing attacks out of a haystack of disconnected signals and automatically deliver surgical responses.

“Confluera addresses today’s cyber threats with a game-changing platform that eliminates costly and ineffective solutions that rely on manual triages and probabilistic correlations. Our platform delivers deterministic and autonomous protection against cybersecurity threats,” says Confluera Co-Founder and CEO Abhijit Ghosh. “We are fundamentally changing how businesses manage security risks.”