Recorded Future Announces $12M Funding to Build on Momentum in Cyber Threat Intelligence
By Christopher Ahlberg on April 16, 2015
It’s a really exciting time at Recorded Future. Our real-time, interactive, threat intelligence analytics platform is being adopted by leading organizations. We now help protect four of the top five companies in the world.
In 2014, our bookings grew by over 100%. Our new enterprise customers include the top financial institutions, technology companies, cyber security companies, MSSPs, and government agencies. In addition, thousands of information security professionals subscribe to Recorded Future’s free daily threat alerts. (Go here to subscribe.)
We’ve built a massive platform that indexes billions of events, powered by our patented Web Intelligence Engine which continuously analyzes the open Web to give you unmatched insight into emerging threats. You can read about big data until you’re blue in the face, but we live and breathe it every day, ingesting truly massive amounts of unstructured data from across the Web and turn it into actionable intelligence available through interactive visualizations, real-time alerts, and APIs.
To drive our continued expansion and take full advantage of the growing market demand for threat intelligence, we just closed our Series D round of financing and raised $12 million. This funding round was led by Reed Elsevier Ventures, and Kevin Brown, General Partner, will join the Recorded Future board. MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company, also co-invested in the round. Existing investors, Google Ventures, In-Q-Tel, Atlas, IA Ventures, and Balderton all participated in this round.
Kevin Brown puts it in a great way, “Recorded Future has built a unique and strong differentiation in the fast-growing threat intelligence market. Turning data from the Web into intelligence is an amazing idea but hard to do really well. Recorded Future has created and executed on this vision superbly. The best proof of Recorded Future’s value is seeing their growth in both new and existing enterprise customers. We are delighted to be part of Recorded Future.”
Mark Goodman, Managing Director at MassMutual Ventures adds, “We have been very impressed with the strong traction Recorded Future has gained across a broad spectrum of industries, including financial services with demanding cyber security requirements. With the backing and expertise of a Fortune 100 company, we look forward to supporting Recorded Future as it scales new heights.”
Our team continues to grow, and now includes veterans from Spotfire, Endeca, Google, US Department of Defense, CIA, McKinsey, Cisco, Vertica, and other big data, analytics, and security organizations. Want to be part of shaping the future with a team of very smart and passionate people? Take a look at our job openings here.
About Recorded Future
We arm you with real-time threat intelligence so you can proactively defend your organization against cyber attacks. With billions of indexed facts, and more added every day, our patented Web Intelligence Engine continuously analyzes the open Web to give you unmatched insight into emerging threats. Recorded Future helps protect four of the top five companies in the world.