Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Two Researchers Get $10 Million in Funding for Cyber Security Startup

by admin
July 31, 2014
in News
Home News
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

ThetaRay, an Israeli cyber security startup, on Tuesday announced that it has raised $10 million from investors. Participants in the round included industrial giant General Electric Company, Jerusalem Venture Partners and Palim Capital Markets Ltd.

The technology used by ThetaRay – which was born out of research from professor Amir Averbuch of Tel-Aviv University and Yale’s Ronald Coifman – uses advanced mathematical algorithms to learn the “normal” behavior of a system, and flag anomalies, like a cyber-intrusion, when they occur. The software can run on-site as well as in the cloud, and according to CEO Mark Gazit, ThetaRay’s unique security analytics allows the startup to notice irregularities in data quicker than its competitors.

“Although the concept of looking for anomalies and unknown threats in Big Data is not new, ThetaRay’s differentiator is its ability to identify them without any prior knowledge about the data, and without using any patterns, heuristics, signatures or behavioral analysis,” Gazit said.

“Our solution allows for totally unsupervised operation and provides our customers with a very high detection rate yet very low false positives.”

ThetaRay said in a statement that it will focus its recent investment to expand into the U.S. cyber security market and establish its headquarters in the country. According to ZDNet, the company has seen increased demand for its platform over the past 12 months, and the latest funding round was over-subscribed.

Read more here

Follow @DataconomyMedia

Interested in more content like this? Sign up to our newsletter, and you wont miss a thing!

[mc4wp_form]

(Image Credit: Ivan David Gomez Arce)

Tags: Weekly Newsletter

Related Posts

Sneak peek: Google Pixel 8 Event

Sneak peek: Google Pixel 8 Event

October 3, 2023
What is the AI yearbook trend that people on the internet talk about?

What is the AI yearbook trend that people on the internet talk about?

October 3, 2023
Tom Hanks battles AI’s misleading dental ad deception

Tom Hanks battles AI’s misleading dental ad deception

October 3, 2023
Beneath the bargains: Investigating Temu data harvesting allegations

Beneath the bargains: Investigating Temu data harvesting allegations

October 2, 2023
Bing Chat spreads malware through ads, exploited by hackers

Bing Chat spreads malware through ads, exploited by hackers

October 2, 2023
Unraveling the Johnson Controls Ransomware attack: Dark Angels wants  million

Unraveling the Johnson Controls Ransomware attack: Dark Angels wants $51 million

September 29, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Dopple AI turns fictional conversations into reality

Sneak peek: Google Pixel 8 Event

Meet Candy.ai and step into a world of virtual companionship

What is the AI yearbook trend that people on the internet talk about?

Tom Hanks battles AI’s misleading dental ad deception

5 tips in maximizing seasonal SEO for your website

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.