CyberFlow Analytics Raises $2M from Toshiba for Cybersecurity SaaS

Cybersecurity, Internet Security, Web Security, Database Security

disable, destroy, or steal important data.

“We’re going after the global enterprise market,” Caldwell said by phone yesterday afternoon. “We’re not going after government contracts.” At least two financial institutions have agreed to help test the CyberFlow’s software, he added.

The company was able to attract substantial funding because of the strength of its management team, Caldwell said. He previously helped lead San Diego-based LonoCloud to a successful buyout in April, and was an engineering director for more than 11 years at Cisco Systems in San Jose, CA.

Co-founder Hossein Eslambolchi, who is CyberFlow’s chairman and CEO, was a longtime technology executive at AT&T Labs and served as AT&T’s chief technology officer. Eslambolchi, an expert in IP network design and reliability, holds more than 1,000 patents (granted and pending).

Louie Gasparini, CyberFlow’s CTO, was previously the CTO at RSA Security (acquired by Massachusetts computing giant EMC in 2006) and served in various roles as an Internet executive at Wells Fargo Bank for 13 years.

“This really is a great area for cybersecurity software,” Caldwell says of the San Diego region. “I’ve learned that it’s easier to find good candidates in [cybersecurity] software development here than in Silicon Valley.” Largely because of the military presence in San Diego, Caldwell says, “I’ve interviewed a number of people who have been working on security projects already.”

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.