HackSurfer Secures Financing to Deliver Innovative, SaaS-Based Cyber Risk Intelligence Offerings

GLENELG, Md., April 22, 2014 /PRNewswire/ -- HackSurfer, a next-generation cyber risk intelligence provider, today announced it has raised $3.5 million of equity financing led by Boulder Ventures and CNF Investments. HackSurfer will use the funding to build out the marketing and sales functions and introduce its innovative, cloud-hosted security content and SaaS-delivered products to organizations and governments around the world.

HackSurfer was formed in 2012 to bring practical, useful and intuitive cyber risk intelligence solutions to the cyber security market. HackSurfer solutions effectively bridge the cyber security intelligence gap between low-level products that generate vast volumes of network or device-specific threat information, such as packet inspection and IPS, and high-level situational awareness offerings that provide, highly targeted, relevant risk or vulnerability profiles by industries, companies, categories of devices, or even applications.

"Businesses today aren't facing a single attacker; they are fighting a well-organized, well-funded army of cyber criminals that collaborate and innovate to exploit vulnerabilities from every angle," said Founder and Chief Architect Jason Polancich. "HackSurfer was founded with the vision of allowing organizations to make sound, risk-informed decisions based on a highly relevant threat profile for their specific business. Our unique content and practical analytics help answer questions such as: What threats are likely to attack our networks?  Do we have the proper resources allocated to mitigate these threats?  What attacks are hitting other industries in our supply chain? What threats could affect our customers? And, most importantly, how do I fix these problems?"

HackSurfer's ground-breaking risk intelligence content and analytics engine provides enterprise-scale, cloud-based solutions for perpetual big-data problems. HackSurfer's proprietary CyberFact Data Model, central to its systems, provides a standardized representation of cyber security information and drives advanced business intelligence analysis of overwhelming amounts of security information. With this real-time, comprehensive and actionable cyber security intelligence, organizations will now have the power to understand their complete risk profile and quickly make informed security decisions – from all angles.

HackSurfer's content and analytics are accessible today via an API (www.hacksurfer.com/api), which organizations and security product vendors can leverage to seamlessly integrate with their own products or environments for faster and more informed business decisions around risk and threat mitigation.

HackSurfer's content and analytics engine also fuels www.hacksurfer.com, a highly engaged community where security professionals can safely collaborate and share information to drive further awareness and intelligence in the fight against cyber-attacks.

Introductory subscription pricing for the HackSurfer API and HackSurfer.com is being offered for a limited time.  Collectively, these capabilities provide the foundation for soon-to-be-released SaaS-delivered products that will provide unique and valuable cyber risk intelligence solutions to organizations of all sizes.

About HackSurfer
Founded in 2012 by Rebekah and Jason Polancich, HackSurfer is a one-of-a-kind data analytics company focused on continuously collecting, storing and analyzing cybercrime info from open source, web, social media, user and proprietary partner sources. HackSurfer endeavors to become the world's largest cybercrime data framework for delivering practical, immediately-useful SaaS solutions that businesses can use to better protect themselves and their bottom lines from cyber threats. For more information, visit www.hacksurfer.com.

About Boulder Ventures
Founded in 1995, Boulder Ventures invests in experienced serial entrepreneurs and their teams building technology and life science companies in Colorado and the Mid-Atlantic region.  The firm's portfolio companies in software, networking, data storage, drug discovery and tools, and technology- enabled services, are industry leaders through superior management, market vision, and differentiated products.  Boulder Ventures has embraced this focused approach to successful venture capital investing for more than fifteen years, raising six venture capital partnerships totaling more than $350 million in committed capital. For more information, visit www.boulderventures.com.

About CNF Investments
CNF is a Washington DC based private investment firm with a focus on venture capital and private equity opportunities.  CNF manages over $300 million in capital with current investments in technology, healthcare, and oil and gas and will consider direct as well as fund investments.  CNF is an affiliate of Clark Enterprises, Inc., the parent company of Clark Construction Group. For more information, visit www.cnfinvestments.com.  

Contact:
Michael Chiong
Jennifer Connelly Public Relations
646-922-7764
[email protected]

SOURCE HackSurfer