KANSAS CITY, Mo., July 19, 2017 /PRNewswire/ -- Fishtech Group today announced a strategic investment in Perch Security, the information security maverick that combines innovative application design with an in-house security operations center (SOC). This new partnership will expand the company's sales and marketing efforts, and broaden and accelerate product development.
The Series A round of financing was expanded from an initial offering due to the firm's potential for organic growth. Fishtech Group CEO and Founder Gary Fish will join Perch's Board of Directors along with Fishtech Group CFO Ryan Shreve.
Fish is a seasoned entrepreneur whose ventures include FishNet, Firemon, and Fishtech. With evidenced insight in the information security space, he has led Fishtech to invest in early stage information security startups that redefine, disrupt, or create large new markets.
The financing builds on an exceptional first year for Perch, which saw a rapidly growing roster of clients and partnerships, key executive appointments, and momentum in the widely under-served market of mid-size and smaller businesses. These Beta clients now interact and participate easily with cyber intelligence sharing communities and alleviate the risk of being unable to detect threats on their networks.
"Perch's specific set of product offerings is well-timed for a market that's really coming into its own," said Fish. "We believe the market will continue to see a shift of cyber defense dollars to solutions that facilitate threat detection independent of intel source. Sharing communities like ISACs and ISAOs offer the most relevant threat data based on industry, and are selective in their memberships. Perch brings that to clients in an uncomplicated and affordable way."
About Perch Security
Perch Security is the first Community Defense Platform. Perch provides everything needed to mount a cyber defense with curated community intelligence and participate with the sharing community – all without a SIEM, a TIP, or increasing staff. Perch is headquartered in Tampa, Florida. Learn more at http://www.PerchSecurity.com
About Fishtech Group
Fishtech delivers operational efficiencies and improved security posture for its clients through cloud-focused, data-driven solutions. Fishtech is building a dedicated CSOC expected to be operational by mid-2018. Fishtech is based in Kansas City, Missouri. Visit https://fishtech.group/ or contact us at email@example.com.
View original content with multimedia:http://www.prnewswire.com/news-releases/fishtech-group-announces-strategic-investment-and-partnership-with-perch-security-300490227.html
SOURCE Fishtech Group