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JASK raises $25mil in Series B financing to advance security operations beyond SIEM

By Kai Ping Lew
Tue 3 Jul 2018
FYI, this story is more than a year old

Autonomous Security Operations Center (ASOC) platform provider JASK has announced that it raised US$25million in Series B funding.

Led by Kleiner Perkins with participation from early investors, including Battery Ventures, Dell Technologies Capital, TenEleven Ventures and Vertical Venture Partners, the round brings JASK’s total funding to $39million.

The company will continue its focus on platform development, increase hiring in all departments and expand global sales channels. JASK also announced that Kleiner Perkins general partner Ted Schlein joined the company’s board of directors.

Schlein was the original investor in ArcSight, in addition to other industry disruptors that include Carbon Black and Mandiant.

By leading JASK’s Series B investment, Schlein reunites with JASK co-founders Greg Martin and Damian Miller, who led the security operations practice at ArcSight through its acquisition by HP.   Schlein says, “With an experienced team in security operations, JASK understood that the biggest challenge to cybersecurity is human talent. There are not enough people skilled in attacker methods to quickly discern a real threat from a low-risk compromise.”

“Through AI and machine learning, JASK aims to free security analysts from onerous data review to focus on investigating and responding to the most critical threats, improving efficiency and reducing organisational risk exposure.” JASK’s mission is to modernise security operations by delivering an asset-independent, open platform that provides prioritised threat information with an autonomous workflow of what, where, why and how SOC analysts should take action.

The JASK ASOC platform automates much of the work of a tier one security analyst by correlating and analysing vast amounts of data and summarising the important information via JASK Insights, streamlined notifications that indicate a combination of events or activities that should be investigated.

JASK Insights contain all of the information in one actionable interface to help speed investigation and response times. “Over the past 20 years, the challenge of sifting through the deluge of alerts has been like finding the needle in a haystack,” says JASK CEO and co-founder Greg Martin.

“SOC teams now deal with a stack of needles and need to find the sharpest one. Technology can no longer hinder them, but rather support their workflows and improve their efficiency,” he says.

“Our Series B funding and partnership with Ted and Kleiner Perkins will help us accelerate our mission to deliver this technology.”

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