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Startup founded by FireEye alum goes after FireEye

Tim Greene | April 10, 2017
SlashNext’s machine learning, artificial intelligence detects malware, exploits, data exfiltration and social engineering attacks.

Mushtaq says the system has a low false positive rate, likely just one or two misidentified threats per year for a typical customer.

The company completes against FireEye, Cyfort and other intelligent detection platforms.

Mushtaq says he started the business on his own, writing the algorithms that underpin the system. Eventually he hired other engineers to help and funded the project himself. Recently the Pleasanton, Calif., company announced $9 million in Series A funding led by Norwest Venture Partners and Wing Venture Capital, bringing total funding to more than $10 million. Promod Haque of Norwest Venture Partners and Gaurav Garg of Wing Venture Capital join the board of directors.

Active Cyber Defense System is available now in North America. Mushtaq wouldn’t quote prices, but says subscriptions are based on the number of users or devices.

 

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