WASHINGTON, Feb. 27, 2017 /PRNewswire/ -- Strategic Cyber Ventures, the industry's first cybersecurity focused growth fund, today announced it has led a $3.5 million investment in Polarity, the first commercial human memory-augmentation and collaboration platform. Strategic Cyber Ventures is DC based and is led by cybersecurity veterans Tom Kellermann and Hank Thomas. Ron Gula, also a longtime cybersecurity veteran and founder of Gula Tech Ventures, also participated in this series A round of funding. This new funding will be used to support future product development of the Polarity platform and expand the company's engineering and technology development teams, as well as sales and marketing efforts.
Headquartered in Washington, D.C., Polarity was developed by former intelligence officers and incident responders to bring the industry's first commercial memory-augmentation platform to market. Polarity is used by the world's largest financial institutions and gives users the software equivalent of a shared photographic memory. It provides a new way for security and IT professionals to communicate and does so in a manner that delivers crucial information to the right team members at the perfect time.
"Polarity is what cyber analysts and operator teams have needed for years and leads to security team information dominance," said Hank Thomas, COO and Partner at Strategic Cyber Ventures. "It makes small teams bigger, big teams more lethal, and allows you to focus on actionable intelligence. Mission critical data, whatever the mission, comes to you with Polarity. It allows existing, often scarce resources, to scale beyond our wildest dreams. It is truly the future of search and will revolutionize intelligence, real-time cyber incident response and orchestration capabilities, and will quickly be adopted by sectors outside of security."
Polarity also increases productivity and collaboration while minimizing costly mistakes. For example, instead of sending email or chat messages to communicate with team members, intelligence is put into Polarity. Polarity then recognizes the content of users' computer screens and automatically delivers intelligence relevant to what the users are currently working on.
"I've never seen a product as versatile as Polarity," said Ron Gula, founder of Gula Tech Ventures. "I use it to track attacks on my lab network across all of my security products and I also keep my LinkedIn contacts loaded. Polarity not only makes the job of sharing cyber security data instantly across any set of team and products you might have, but it can also be used to make your IT teams more efficient, your customer teams more responsive and even help you keep track of what you know in day-to-day business."
"The world is wasting time searching for information that could automatically be overlaid on their computer screen," added Paul Battista, CEO and co-founder of Polarity. "Partnering with Strategic Cyber Ventures and Gula Tech Ventures will enable us to better serve our existing customers and show the world what human memory augmentation is and why it's so critical."
Since launching in February of 2016, Strategic Cyber Ventures has focused on growing a portfolio that supports their investment thesis of cyber intrusion suppression. They've invested in several firms including E8 Security, TrapX Security, and ID DataWeb. Polarity is the fourth investment for the firm and COO Hank Thomas will join the company's Board of Directors.
About Strategic Cyber Ventures
Headquartered in Washington, D.C. and founded in February 2016 by a team of knowledgeable cyber operators, Strategic Cyber Ventures (SCV) invests in cybersecurity companies that disrupt advanced cyber adversaries and revolutionize the cyber product marketplace. The team at SCV has very deep roots in both U.S. government and the domestic and international business communities. SCV's mission is to advance cybersecurity through expert investment in synergistic teams and technologies that can solve the world's security problems. If you'd like to learn more about SCV, please visit: https://scvgroup.net
Polarity is headquartered in Washington, D.C. and was founded in 2014 by former intelligence officers and incident responders to bring the industry's first commercial memory-augmentation platform to market. Polarity is used by some of the world's largest financial institutions and gives users the software equivalent of a shared photographic memory. Polarity is a software startup, working with security and information technology teams to enable collaboration and accelerate efficiency through a shared memory augmentation technology. Polarity was named one of the top 10 most innovative startups of 2016 by MIT Sloan's CIO Symposium. For more information, please visit: https://polarity.io
Lessie Skiba Longstreet
Strategic Cyber Ventures
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SOURCE Strategic Cyber Ventures