VICTORIA, British Columbia–(BUSINESS WIRE)–HYAS,
a leading provider of attribution intelligence solutions for infosec and
cybersecurity professionals, today announced that it has entered into a
debt financing agreement with Silicon
Valley Bank (SVB), the bank of the world’s most innovative companies
and their investors. This agreement provides up to $2 million in new
capital that will transform its Comox attribution intelligence engine
into a holistic platform that enables enterprises to analyze
clearly-defined threat data, mitigate attacks and ultimately, track
hackers right to their doorstep.
“Silicon Valley Bank’s support builds on our successful Series A and
allows us to aggressively expand the Comox platform through our
incredibly talented pool of developers,” said Jeff Spencer, COO of HYAS.
“Over the past quarter alone, we’ve hit the critical development
milestones that will allow organizations to predictively block bad actor
infrastructure before it’s had the chance to do bad things. They’ll be
able to prepare for and mitigate the biggest threats to their
“We are excited to work with HYAS and impressed with their innovative
approach to cybersecurity,” said Minh Le, Market Manager of Washington
and Western Canada at Silicon Valley Bank. “As cybersecurity threats
continue to grow and evolve, HYAS’ products, services and access to
actionable threat data are increasingly important.”
HYAS’ Comox engine already provides Fortune 100 companies with billions
of exclusive, proprietary threat indicators. The company plans to expand
its offerings over the next quarter to include Saltspring, a cloud-based
tool that provides early warnings of global attacks in real time. HYAS’
mission is to build products and services that pinpoint the perpetrators
of cyber attacks and work closely with clients and international law
enforcement in order to bring bad actors to justice. The company
recently secured a $6.7 million Series A round led by M12, Microsoft’s
venture fund, with additional funding from Susa
Ventures, an early-stage technology fund based in San Francisco.
For more information on HYAS and its services, please visit www.hyas.com.
HYAS is a venture-backed startup that provides attribution intelligence
solutions to help InfoSec and cybersecurity professionals identify
threats and the cybercriminals behind them. Its online detection,
analysis and investigation tools are powered by exclusive datasets that
give HYAS an unparalleled view into malicious activity and the
infrastructure used to conduct it. HYAS’ proprietary database of
cybercrime indicators contains billions of data points, with millions of
new points added every day. Unlike other cybersecurity service
providers, HYAS focuses on pinpointing the perpetrators of these digital
attacks and works closely with clients and international law enforcement
to bring them to justice.
About Silicon Valley Bank
For 35 years, Silicon Valley Bank (SVB) has helped innovative companies
and their investors move bold ideas forward, fast. SVB provides targeted
financial services and expertise through its offices in innovation
centers around the world. With commercial, international and private
banking services, SVB helps address the unique needs of innovators.
Learn more at svb.com.
Media:Leroy VelasquezAffect219-789-1548[email protected]