Funding

Big Data endpoint security firm CounterTack raises $15M in fresh funding round

03rd Jun `15, 12:40 PM in Funding

Goldman Sachs-backed CounterTack is planning to accelerate its growth through a $15 million cash injection, bringing total funding…

BDMS
Guest Contributor
 

Goldman Sachs-backed CounterTack is planning to accelerate its growth through a $15 million cash injection, bringing total funding up to $50 million to date.

Led by TenEleven Ventures, the company provides real-time endpoint detection and response technology for companies investing in Big Data. Big Data, the collection and analysis of vast amounts of information, is used by companies to detect patterns and trends in markets which allows firms to then tailor business practices to boost productivity and revenue. However, Big Data can also be used by security companies to detect threat patterns and anticipate cyberattacks.

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