Autonomous security operations center platform startup JASK raises $25M
Autonomous Security Operations Center platform startup JASK Inc. has raised $25 million in new funding to allow it to continue developing its platform, hire more people and expand global sales channels.
The Series B round was led by Kleiner Perkins and included Battery Ventures, Dell Technologies Capital, TenEleven Ventures and Vertical Venture Partners. As part of the deal, Kleiner Perkins General Partner Ted Schlein has joined the company’s board of directors.
Founded in 2015, JASK’s ASOC platform used artificial intelligence and machine learning to deliver enterprise users an asset-independent, open platform that provides prioritized threat information with an autonomous workflow. Claiming to modernize security operations, the company’s platform automates cyber threat detection by correlating and analyzing vast amounts of data and summarizing the important information notifications that indicate a combination of events or activities that should be investigated.
“Over the past 20 years, the challenge of sifting through the deluge of alerts has been like finding the needle in a haystack,” Greg Martin, JASK’s co-founder and chief executive, said in a statement. “SOC teams now deal with a stack of needles and need to find the sharpest one. Technology can no longer hinder them, but rather support their workflows and improve their efficiency.”
Described by Forbes as an “upstart data wrangler,” JASK competes directly with ASOC services provided by Splunk Inc., HPE Inc. and IBM Corp. and Exabeam Inc., which raised $30 million in funding in February 2017.
Despite strong competition, the company said it believes that there is room for a dedicated ASOC provider with cutting-edge technology, but it’s by no means an easy task. The leadership team brings together decades of experience solving SOC issues from ArcSight, Carbon Black Inc., Cylance Inc., Netflix Inc., Cloudera Inc. and the U.S. counterintelligence community.
Include the new funding, JASK has now raised $39 million.
Image: JASK
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