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Publish Date : 30-Jul-2014

A pioneer in delivering real-time endpoint threat detection, context and visibility around targeted attacks, CounterTack, has received additional funding to close its Series B financing round from Alcatel-Lucent. Now, Alcatel-Lucent is a part of CounterTack’s Series B investment syndicate, which includes major firms in the Commercial as well as Federal sectors, including Goldman Sachs, the Venture Capital unit of Siemens (SFS VC), Fairhaven Capital, Razor’s Edge and OnPoint Technologies, the venture capital arm of the U.S. Army.

Basil Alwan, president of IP Routing and Transport, Alcatel-Lucent said, “As we rapidly expand IP networks to connect more users and devices at ultra-broadband speeds and automate cloud networking, we see the potential to enhance protection of our customers from advanced cyber security threats.” “We believe CounterTack’s innovative endpoint behavior analysis solution will enable our customers to effectively counter these stealthy, advanced threats within their own infrastructure and for their managed service customers. We’ve therefore made this equity investment based on CounterTack’s truly innovative approach which gives organizations real-time detection and forensic-level analysis unmatched in the industry.”

Neal Creighton, president and CEO, CounterTack, said, “This additional funding from Alcatel-Lucent confirms CounterTack’s attractiveness not only to the investment community, but also to our growing list of customers and partners.” “CounterTack is at the forefront of the endpoint threat detection and response market, providing a solution that intelligently detects advanced threats, notifying security teams of nefarious activity – our customers can rest assured that with CounterTack Sentinel, endpoints across their entire environment will be protected.”

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