Incident Response Firm BreachQuest Launches With $4.4 Million in Seed Funding
Incident response company BreachQuest emerged from stealth mode on Wednesday with $4.4 million in seed funding from Slow Ventures, Tinder founders Sean Rad and Justin Mateen, and Lookout founder Kevin Mahaffey.
BreachQuest is building a SaaS platform, named PRIORI, that aims to modernize incident response by providing automated end-to-end readiness and response capabilities.
The company says its product can provide enhanced visibility, continuously monitoring systems in an effort to detect threats. When a threat has been detected, the platform provides detailed information in order to enable a quick response.
The company was founded by Shaun Gordon, who will serve as CEO, and Jake Williams, who will serve as CTO. Williams, a former NSA hacker, also founded Rendition Infosec, which has been acquired by BreachQuest.
Gordon told SecurityWeek that the company does not have a firm public release date for its platform, but it will be used internally for service delivery starting later this year. While pricing models are still being developed, he says pricing is expected to be “very competitive within the security tool landscape.”
“These days, people are preparing to be attacked, but not preparing to conduct an incident response. Reducing breach cost and downtime is the goal for many incident responders. When we started BreachQuest we observed many different approaches. Some IR companies were deploying lower cost overseas labor pools during a cyber incident. While this is cost effective we had some reservations, and more importantly, it did not represent a technological leap forward or materially elevate defensive capabilities against threat actors,” Gordon said.
“We believe Priori completely redefines and reorients the cyber IR process. We are building Priori in a manner that leverages the latest techniques and technology to deliver an IR platform that is built to handle the attacks of tomorrow,” he added.