Startup CounterTack Raises $15M To Provide Endpoint Big Data Security

A recent survey found that big data solutions being deployed by the enterprise need tighter security controls. That’s just what Waltham, Massachusetts-based startup CounterTack aims to do, now armed with $15 million more in its war chest.

CounterTack, which delivers endpoint security for big data systems, recently closed a Series C round of funding with TenEleven Ventures leading the charge. Other investors in the nascent security firm’s new round of funding included EDBI, which is the corporate investment arm of the Singapore Economic Development Board, as well as existing investors including Goldman Sachs, Fairhaven Capital, Siemens Venture Partners, Razor’s Edge, OnPoint Technologies and Alcatel-Lucent.

CounterTack aims to use the funding to accelerate its go-to-market strategy, promote global expansion and deliver scalable next-generation endpoint detection and response (EDR) technology to its enterprise customers, the company said in a press statement.

That last aim comes in the form of CounterTack’s flagship Sentinel platform, which the company said provides unprecedented visibility and context around the behavior of network endpoint—such as mobile devices and notebooks—to targeted, persistent threats. This will improve threat detection as well as response to attacks across the enterprise, according to the company.

Indeed, there is a need in the market for security technology that targets threats to endpoint devices, as sophisticated attacks currently aren’t always covered by network perimeter security solutions, said one analyst.

“Traditional threat detection and prevention approaches are ineffective to the attacks we see against endpoints and users today and even perimeter defenses labeled as ‘advanced’ can be evaded by attackers,” said Adrian Sanabria, senior security analyst at 451 Research, in a press statement. “Today’s enterprises must be able to detect and rapidly respond to threats that have made it past these defenses, onto the endpoint. This approach must be able to cut through the typical security alert ‘static’ to give analysts accurate intelligence about threats across the entire enterprise, in real time.”

CounterTack is a channel-friendly company, working through strategic partnerships with MSSPs to deliver this endpoint detection, forensic analysis, threat visualization and real-time response capabilities to both the enterprise and the SMB market. The company’s channel program also works with VARs, solution and technology partners.

The company’s strategy so far seems to be working toward its interest in rapid growth. CounterTack reported at the RSA Conference in April a 300 percent rise in first-quarter business from 2014 to 2015.