Sqrrl provides a Threat Hunting Platform that enables security analysts to discover advanced threats faster and reduces investigation time and resources. The platform unites link analysis, advanced machine learning analytics, and multi-petabyte scalability into an integrated solution. Customers include Fortune 2000 companies and government agencies. Sqrrl has doubled revenue year over year for the last four years and has raised $28.5M in total funding to date. The company intends to use new funds to build out its global sales team. Sqrrl positions threat hunting as a way for organizations to move security operations from reactive to proactive postures. Sqrrl is a Cambridge, MA–based Big Data analytics company whose platform uncovers hidden patterns, trends, and links in large, multi-structured datasets. Led by CEO Mark Terenzoni, the company has positioned its product for cybersecurity with the launch of Sqrrl Enterprise 2.0, a full-stack security analytics solution for detecting and responding to advanced threats. Sqrrl Enterprise 2.0 extends the company's capabilities into threat detection and response workflows. The platform is deployed at a variety of Fortune 500 companies and large government agencies. The company completed a new financing round in February 2015 as reported in the article. Sqrrl provides a scalable NoSQL database, Sqrrl Enterprise, built on Apache Accumulo and adding a user-interface layer on top of a Hadoop-based database. Its core capability is cell-level security that secures individual data elements, enabling compliant big-data analysis for organizations with strict security needs such as government, financial services, healthcare, telecommunications and energy. Sqrrl’s technology traces to Accumulo, an NSA-originated data store that was open sourced in 2011 and later became a top-level Apache project. Version 1.2 of Sqrrl Enterprise is shipping with additional analytic, security and performance features. The company plans to improve graph analysis, full-text search and support for SQL-type languages while extending attribute-based access controls for finer-grained and situational access. Sqrrl positions its fine-grained controls and deep national-security-era connections as advantages against other NoSQL and Hadoop-based offerings such as HBase-based solutions, Wibidata, Continuuity and LucidWorks. The company is commercializing the product and intends to expand engineering headcount to support those efforts. Sqrrl commercializes technology that originated at the National Security Agency to provide secure, scalable ways to manage and analyze large datasets. Its core product is built on Apache Accumulo (a database layered on Hadoop) and enables cell-level security so individual data elements can be combined for analysis without violating regulations. The approach targets regulated data use cases such as HIPAA and Sarbanes-Oxley compliance by securing elements of records rather than whole records. CEO and co-founder Oren J. Falkowitz helped develop Apache Accumulo at the NSA. Sqrrl plans to offer multiple products designed for easy implementation with existing tools and to announce partnerships with business-intelligence providers. The company raised $2 million in seed funding from Matrix Partners and Atlas Venture.

Total raised

$27M

Funding rounds

4

Latest round

Series C

Latest activity

Jun 2017