Red Canary Raises $6M

What does Red Canary do?

Red Canary, is a solution which constantly monitors, investigates and analyzes organization’s systems for cybersecurity threats. It manages cyber threat detection and response. The company was founded to improve customers’ security. Their solution combines industry defining technology, expertise and process for accurately detecting threats which bypass other security tools. This company empowers organizations in stopping attacks before they become breaches. The only way an organization knows when a threat is inside their network is by closely analyzing their internal activity and investigating every possible threat. This needs a combo of detection, visibility and event management, and investigative technology operated by security experts who have an understanding of how the technology must be used for identifying cyber-attacks. For 5 years there are many next gen security products which have promised threat but companies have realized that these solutions miss threats and still need dedicated security pros. This company is built for threat detection and response to business irrespective of the number of employees. Their technology and expertise is the best way of detecting attacks and stopping breaches without security team burdening.

How much Red Canary was funded?

The company raised $6.1M in Series A on August 2, 2016 closed on July 22, 2016 from Service Provider Capital, Access Venture Partners, Kyrus and Noro-Moseley Partners.

Previous funding

$2.5M on March 26, 2015 from Kyrus

What is next for Red Canary?

Red Canary plans to use the latest funding raised for accelerating its vision that every organization can detect and respond to cyber-attacks.

More about Red Canary

Red Canary was founded on December 28, 2013 by Keith McCammon, Brian Beyer and Chris Rothe. It has its headquarters in Denver, Colorado. The company was founded by a team of big data processing and cyber security experts. The stop attacks before they become breaches.