Phantom is the first company to provide a community-powered security automation and orchestration platform. The platform automates and orchestrates security operations, enabling analysts to achieve in seconds tasks that might otherwise take hours or days. Phantom Apps act as the connective tissue to integrate dozens of discrete point products, and the company recently surpassed 100 Apps covering reputation services, endpoint technologies, sandboxes, firewalls, and mobile, virtual and cloud-based security solutions. More than 25% of Phantom Apps come from partners, customers, and the community, and Apps are available for vendors including Cisco, McAfee, Palo Alto Networks, RSA Security, Symantec, Splunk, HPE and IBM. The company says it will use the $13.5 million Series B to accelerate growth in sales, marketing and engineering; the round brings total funding to more than $23 million. Phantom was founded by Oliver Friedrichs and Sourabh Satish, and was recognized as the most innovative company at the 2016 RSA Conference. Phantom provides an open, community-powered platform for security automation and orchestration that enables organizations to integrate disparate security technologies. It executes digital "Playbooks" to automate security operations, accomplishing in seconds tasks that might otherwise take minutes or hours across many point products. The platform is extensible via Phantom Apps—Python modules that let users create connectors to in-house or obscure technologies—and Playbooks are written in Python, synchronized via Git and published on a public GitHub repository. Phantom offers a Free Community Edition and an App store where community contributions expand the platform. The company was recognized as the Most Innovative Company at the 2016 RSA Conference. Leadership includes CEO and founder Oliver Friedrichs and co‑founder Sourabh Satish. Phantom Cyber provides a security automation and orchestration platform that integrates with an enterprise’s existing security technologies to act as connective tissue between disparate point products. Organizations use Phantom’s digital “Playbooks” to execute in seconds actions that would otherwise take minutes or hours across dozens of tools. The company reports integrations with over 30 leading security solutions and offers an Early Experience program available to qualified organizations. Phantom positions its platform as a force-multiplier that addresses severe shortages in security talent and delivers instant productivity gains for security teams. Founders Oliver Friedrichs and Sourabh Satish are enterprise security veterans with prior exits and extensive patent work, respectively. Company leadership says initial demand has been tremendous and plans to accelerate market penetration and product development. Phantom Cyber builds a platform to automate security operations by coordinating sensors and threat tools across an organization, using an observe-orient-decide-act approach to detect and act on "Tier One" alerts. The company’s system aims to remove humans from routine decision loops while allowing human intervention when required, with automation levels tailored per enterprise. Phantom emphasizes neutrality to integrate with best-of-breed security products rather than competing with incumbents. It has about a dozen Alpha deployments and plans to enter Beta over the summer followed by general availability. The startup positions its product as a holistic orchestration layer to address shortages of security professionals and the machine-speed demands of modern attacks. Phantom characterizes the opportunity as a greenfield market with few competitors attempting full-stack coordination.

Total raised

$23M

Funding rounds

4

Latest round

Series B

Latest activity

Jan 2017