provider of the first agentless intelligent security automation
platform, today announced it has been named to CNBC's inaugural Upstart
25 List. The CNBC Upstart 25 highlights a new class of start-ups - those
breaking industry barriers, creating new norms, scaling quickly and on a
path to become the next household name. From hundreds of companies
nominated from across the country, CNBC selected Hexadite as one of the
25 up-and-comers that have the potential to revolutionize, transform and
Hexadite helps organizations solve one of the biggest challenges they
face today: the cybersecurity capacity problem. With an alarming
increase in the volume of cyber attacks, coupled with a worldwide cyber
skills shortage, companies struggle to properly investigate and
remediate threats. This challenge is only growing and according to the
non-profit Center for Cyber Safety and Education, there will be a global shortfall
of 1.8 million cyber security workers in the next five years. Using
artificial intelligence and automation, Hexadite's Automated Incident
Response Solution (AIRS™) integrates with an organization's existing
security technologies to investigate alerts just as a trained cyber
analyst would, and then performs remediation action once it finds a
"2016 was a breakout year for us. We've experienced incredible growth as
companies realize the need for security automation due to the crushing
cybersecurity skills gap and the massive increase in cyber threats,"
said Eran Barak, co-founder and chief executive officer at Hexadite.
"Hexadite being named to the CNBC Upstart 25 List is a huge honor and a
testament to the fact that we're on track to revolutionize cybersecurity
and incident response."
In 2016, Hexadite achieved a number of milestones. It closed an $8
million Series A funding round from Hewlett Packard Ventures, Ten Eleven
Ventures and YL Ventures in February, and announced a strategic reseller
agreement with Hewlett Packard Enterprise (HPE) in Sepember, giving it
tremendous reach into the global market. While achieving these
milestones, Hexadite experienced a 900 percent growth rate among its
customer base of companies spanning all industries. Its Automated
Incident Response Solution also became the first intelligent security
automation platform to support Mac and Linux-based devices.
In addition to the CNBC Upstart 25 List, Hexadite won seven other
industry awards this month, including recognition as the Leader in
Incident Response Solutions by the Cyber
Defense Magazine InfoSec Awards; four awards from the 2017
Info Security Product Guide's Global Excellence Awards®,
including Gold for Innovation in Enterprise Security, Silver for Startup
of the Year and Best Deployments in U.S.A., and Bronze for Security
Products and Solutions for Enterprise (Large); and wins in the Fastest
Growing Cybersecurity Company and Security Automation Product categories
from the Cybersecurity
Hexadite was a finalist for four additional awards, recognizing its
innovation, growth, and position as a leader in the security industry.
The company was a finalist for Rookie of the Year in the prestigious SC
Awards (formerly SC Magazine Awards), the Best Cybersecurity Company
and Incident Response Product categories in the Cybersecurity
Excellence Awards, and the Security category for the Tech
To learn more about Hexadite's award-winning security automation
platform or to request a demo, visit https://www.hexadite.com/.
About HexaditeHexadite is the first agentless intelligent
security automation platform. By easily integrating with customers'
existing security technologies and harnessing artificial intelligence
that automatically investigates every cyber alert and drives remediation
actions, Hexadite enables security teams to mitigate cyber threats in
real-time. For more information, follow @Hexadite
on Twitter or visit http://www.hexadite.com/.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170228006352/en/
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