SnapAttack Spins Out of Booz Allen Hamilton With $8 Million in Funding
Threat hunting and detection company SnapAttack this week announced closing an $8 million funding round, just as it spun out of Booz Allen Hamilton.
The funding round was led by Volition Capital. Booz Allen Hamilton and Strategic Cyber Ventures (SCV) also invested in the new independent company.
SnapAttack promises an extensive library of labeled attacks, to help security teams deploy validated analytics based on hacker tradecraft. New content is continuously added to the platform to be immediately disseminated and shared.
The platform combines red teaming (offensive) and blue teaming (defensive) tradecraft to find security defects and refine behavioral detections. A vendor-agnostic platform, it can be integrated with SIEM, EDR/XDR, and cloud solutions.
SnapAttack’s platform — which focuses on attack emulation, detection, and behavioral analytics — can help deploy proactive security measures, to help prevent attacks before they happen.
The funding will allow the company to accelerate development of its platform, as well as to add more threat intelligence and analytic content types. Furthermore, the company aims to expand its engineering, product, and sales teams, to drive product adoption.
“SnapAttack is poised to empower a new level of collaboration among the next generation of ethical hackers, threat hunters and security researchers providing advanced insights to stop attackers in their tracks,” said Fred Frey, CTO and founding member of the SnapAttack team.