Press Release published by: http://www.marketwired.com/
Source URL: http://www.marketwired.com/press-release/jask-launches-from-stealth-with-12m-series-a-financing-2223969.htm
JASK, the company empowering security analysts with artificial intelligence, emerges from stealth today announcing $12 million in Series A funding. The round was led by Dell Technologies Capital along with TenEleven Ventures. Existing investors Battery Ventures and Vertical Venture Partners also contributed. Deepak JeevanKumar, managing director at Dell Technologies Capital; and, Mark Hatfield, managing partner at TenEleven Ventures, will join JASK’s board. The funding allows JASK to expand its data science teams, accelerate product development, and focus on machine learning (ML) and artificial intelligence (AI) research. Founded by cybersecurity veterans Greg Martin and Damian Miller, JASK uses machine learning technology to improve the agility and effectiveness of security operations teams, effectively operating as an AI-enabled analyst.
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Humans are the best defense against cyberattacks today. However, there is a shortage of candidates to fill cybersecurity roles. Due to the lack of trained cybersecurity professionals, many organizations spend too much of their time on common malware infections, leaving organizations vulnerable to the targeted threats that matter most. JASK leverages advanced AI to deliver end-to-end network monitoring — surfacing and triaging the most relevant attacks, while providing a clear picture of the attack surface. JASK enables organizations and their security analysts to spend their limited resources on only the most dangerous threats.
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Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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