CyberFlow Analytics Raises $2M from Toshiba for Cybersecurity SaaS

Cybersecurity, Internet Security, Web Security, Database Security

CyberFlow Analytics, a San Diego network security startup officially incorporated just four months ago, said it already has landed a $2 million investment and strategic alliance with Toshiba America Electronic Components.

CyberFlow said it plans to use the funding to commercialize its Software-as-a-Service (SaaS) security technology, which is intended to protect the proprietary and confidential information of its customers from online industrial espionage. In a statement yesterday, the company said it considers the Toshiba investment, along with $600,000 previously raised from angel investors, as the anchor in a $4 million seed round that should be completed by November.

CyberFlow said its technology uses Web-based analytic software and machine learning technology for “smart” packet inspection. The company’s approach is fundamentally different from conventional anti-virus software, which compares programs coming into a network against a database of known malware. CyberFlow also avoids another common approach, which involves installing software “security agents” on desktop computers, smartphones, and other user devices to guard against network intrusions.

By using big data analytics and machine learning to monitor IP packets flowing in and out of a network, CyberFlow President Tom Caldwell said CyberFlow Analytics establishes a base line of normal behavior for devices on the network—and then watches for deviations from the norm. As Caldwell puts it, “We’re looking at the right packet at right time for the right result.”

CyberFlow said its technology provides companies with an early warning system for cyber attacks, before Internet intruders can

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.