ObserveIT

cybersecuritythreat identificationdetection

STATUS: Acquired/Merged
FOUNDING YEAR: 2006
LOCATION: United States
Last Update: 10/07/2020

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About

ObserveIT offers a software that utilizes session recording to identify insider threats in real time. It continuously monitors user activity and enables organizations to identify both malicious and accidental insider threats. It enables organizations to uncover risky user behavior, investigate incidents, and prevent data exfiltration

Focus

PRODUCTS & SERVICES

ObserveIT’s software can detect anomalous behavior and identify data exfiltration attempts by analyzing sensitive keywords and commands. The software can also block user activities that breach security and company policies. The product offerings include: Insider Threat Detection: Enables organizations to detect risky user by identifying anomalous behavior in real time. It analyzes different insider threat rules and provides insights about 25 risk categories which can be customized by the user group. The clients can further categorize website visits and enable alerts based on risky activity. It further helps them to enhance endpoint security operations and regulatory compliance by producing detailed reports Insider Threat Incident Investigation: Enables organizations to gain a comprehensive 360-degree view about user behavior, by recording user sessions and following activity trails for every user action. Insider Threat Prevention: Enables organizations to reduce risk with real-time user notifications and blocking. It also helps them to automatically enforce company security policy.

MAIN CLIENTS

Companies including ING Vyasa

Verizon Wireless

AAA

Bluecross

Traction

TRACTION COMMENT:

The company has more than 1,700 customers in 87 countries with insider threat detection and data loss prevention. (July 2018)

People

FOUNDERS

Avi Amos

Avi Weiss

Gabriel Friedlander

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Bain Capital Ventures

MDI Ventures

NightDragon

NightDragon Security

Spring Lake Equity Partners

KEY EMPLOYEES:

Gabriel Friedlander (CTO)

Mike McKee (CEO)

Kristin Thornby (CPO)

Momentum

FUNDED

YES

TOTAL FUNDING

$36 M

DATE OF LAST FUNDING

Jul 2018

TOTAL FUNDING COMMENT

The company is planning to use funds for further develops its insider threat management software and expand its sales and marketing teams to support growing global demand. (July 2018)

FUNDING SERIES

SERIES A  · $20 M  · Dec 2013

SERIES B  · $16 M  · Apr 2018

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2006

LOCATION:

United States

Views:

51 VISITORS | 96 VIEWS
LATEST FUNDING ROUND

$36 M

TOTAL EMPLOYEES
51-200

About

ObserveIT offers a software that utilizes session recording to identify insider threats in real time. It continuously monitors user activity and enables organizations to identify both malicious and accidental insider threats. It enables organizations to uncover risky user behavior, investigate incidents, and prevent data exfiltration

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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