Damballa develops Failsafe, an automated breach defense system that detects successful infections with certainty, terminates their activity, and provides indisputable evidence to responders. Failsafe delivers actionable information about known and unknown threats regardless of the infection’s source, entry vector, or device OS, and the company’s solutions leverage Big Data and machine learning. Damballa states it protects more than 400 million endpoints globally and supports PCs, Macs, Unix, iOS, Android, and embedded systems. The company reported its best year to date in 2013 and a record Q1 2014. It will use new funding to drive North American and international sales expansion, marketing, and channel efforts. Damballa positions its product to help security teams automate detection, reduce false positives, and shorten time to response and remediation. Damballa provides advanced threat protection solutions for corporate, telecommunications and Internet service provider networks. Its network-based, patent-pending analytics detect criminal command-and-control behaviors and inbound malware, automatically correlating evidence to uncover hidden infections and terminate criminal activity. The company’s solutions protect networks with any type of server or endpoint, including PCs, Macs, Unix, smartphones, mobile and embedded systems, and Damballa reports protecting more than 200 million endpoints worldwide. Damballa emphasizes strong returns by reducing the overall cost of threat detection and incident response for customers. The company plans to accelerate marketing, sales and channel programs to meet rising market demand. Leadership cites product innovations and expanded threat research capabilities as central to capitalizing on the advanced threat protection market. Damballa provides network security solutions that detect and terminate criminal remote-control communications, targeted attacks, botnets, and advanced malware. Its patent-pending, platform- and system-agnostic solutions protect networks across PCs, Macs, smartphones, mobile and embedded systems. Customers include Fortune 1000 companies, internet and telecommunications service providers, government agencies, and leading universities, and the company reports a 100 percent renewal rate. Damballa is privately held and headquartered in Atlanta. The company announced $12 million in new equity funding to extend its technology leadership and capitalize on growing global demand. It plans to expand research and engineering efforts and to extend protections to cloud and public sector networks as activity shifts to mobile devices and the cloud.

Total raised

$40M

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2014