Paladin Capital Group Leads Round; Cyber Risk Management Leader will use Funds to Aggressively Scale its Sales, Marketing, and Product Innovation Resources
SUNNYVALE, Calif. – RiskSense®, Inc., the pioneer and market leader in pro-active cyber risk management, today announced that it is closing a $7 Million round of funding led by Paladin Capital Group, with participation from Sun Mountain Capital, EPIC Ventures, as well as other strategic and private investors. The investment will help RiskSense continue its rapid growth by expanding its sales and marketing efforts, as well as broadening and accelerating product development. Paladin Capital Group principal Mourad Yesayan will join RiskSense’s board of directors.
RiskSense pioneered the category of cyber risk management in response to the increasing challenges of extracting actionable intelligence from the massive volume of data generated by the patchwork of cyber security products, including vulnerability scanners, threat intelligence feeds, and other complex security systems. Enterprises are seeking solutions to unify and contextualize the feeds from these disconnected, siloed tools and then prioritize and remediate those cyber risks that pose the biggest business impact. Rather than adding more tools, organizations are recognizing the need to implement a new, more efficient enterprise security model.
To address these challenges, RiskSense provides a pro-active approach to cyber risk management that identifies, visualizes, prioritizes, and orchestrates the remediation of cyber risks across a growing attack surface. The RiskSense Platform enables organizations to manage their cyber risks by unifying and contextualizing internal and external security intelligence into a single view, and then correlating these findings with business criticality to drive risk-based remediation.
Manual approaches can take months, during which time attackers can exploit vulnerabilities, causing damaging cyber breaches and loss of valuable data. RiskSense automates these processes, empowering organizations to reveal imminent cyber risks, increase the productivity of their limited cyber security staff, and minimize attack surface exposure.
“With RiskSense, enterprises and governments are finally able to manage cyber risk, quickly orchestrate remediation, and monitor the results in the context of the organization’s business goals,” said RiskSense co-founder and chief executive officer Dr. Srinivas Mukkamala. “This round of financing will help us invest in the resources we need to execute our vision even more rapidly and broadly – and capture more market share.”
“We quickly saw the unique value RiskSense delivers for their customers, both as a force-multiplier for increasingly scarce cyber security operations talent, as well as providing cyber risk management visibility and best practices for the C-Suite,” said Mourad Yesayan, principal at Paladin Capital Group. “Paladin’s investment will help RiskSense continue to capitalize on the global demand for its award-winning solutions and accelerate product innovation. We are excited to partner with the company to support its next phase of growth.”
RiskSense was founded as a technology transfer from New Mexico Institute of Mining and Technology (NMT) to commercialize the university’s cyber security research. The advanced cyber research programs at NMT, led by the founders of the company, were funded in partnership with the U.S. Department of Defense and U.S. Intelligence Community. After validation of the research and technology for both commercial and government applications, the company was spun out of NMT.
This funding round is the latest in a series of important milestones achieved by the company so far this year. RiskSense has demonstrated continued strong financial performance, made key executive appointments, opened a new office in Silicon Valley, doubled its workforce, and increased its client base to more than 150 customers spanning every major industry vertical, including some of the largest financial services, telecommunications, utilities, retail, new media, healthcare, higher education, and government organizations.
About Paladin Capital Group
Paladin Capital Group was founded in 2001 and has offices in Washington DC, Silicon Valley, New York, and London. It is a worldwide leader in investments in cyber and digital infrastructure resilience, having completed over 40 cyber related transactions over the last decade. As a multi-stage investor, Paladin focuses on best-of-breed companies with technologies, products, and services that meet the challenging global cyber security and digital infrastructure needs for governments, as well as commercial companies. Paladin has over $1 billion under management.
RiskSense®, Inc., is the pioneer and market leader in pro-active cyber risk management. The company enables enterprises and governments to reveal cyber risk, quickly orchestrate remediation, and monitor the results. This is done by unifying and contextualizing internal security intelligence, external threat data, and business criticality across a growing attack surface.
The company’s Software-as-a-Service (SaaS) platform transforms cyber risk management into a more pro-active, collaborative, and real-time discipline. The RiskSense Platform™ embodies the expertise and intimate knowledge gained from real world experience in defending critical networks from the world’s most dangerous cyber adversaries.
By leveraging RiskSense cyber risk management solutions, organizations can significantly shorten time-to-remediation, increase operational efficiency, strengthen their security programs, heighten response readiness, reduce costs, and ultimately minimize cyber risks. For more information, please visit www.risksense.com or follow us on Twitter at @RiskSense.
AUSTIN, Texas -- NI (Nasdaq: NATI), the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, announced today an early access technology platform for Time Sensitive Networking (TSN) as part of its continued commitment to support the development of new standard technologies for synchronization and communications. In coordination with Cisco and Intel, NI is pleased to empower customers to build distributed systems that perform synchronized I/O, code execution and deterministic communication for distributed control and measurement loops, all using standard Ethernet. Engineers are using this platform to help vet the technology in ecosystem activities including the Industrial Internet Consortium TSN Testbed for smart manufacturing. In addition, lead customers are leveraging this technology: the Laboratory for Machine Tools and Production Engineering of RWTH Aachen University for advancements in next-generation computer numeric control machining, EUV Tech for novel semiconductor processing machines and Oak Ridge National Laboratory (ORNL) for future electrical grid research. NI’s participation in standards bodies such as the AVnu Alliance, IEEE 802.1, IEEE 1588, Internet Engineering Task Force and OPC Foundation helps impart lessons learned through real-world usage with the goal of creating a common approach for deterministic communication and synchronized timing over standard converged Ethernet.
“Oak Ridge National Laboratory is working to address challenges to the stability and control of the world’s power grids caused by the accelerating deployment of distributed renewable energy sources,” said Mark Buckner, power and energy systems group leader at ORNL. “In partnership with NI and Cisco, we are demonstrating how Time Sensitive Networking can enable an unprecedented level of microgrid coordination and control, significantly increasing the resiliency of power delivery systems.”
TSN delivers mechanisms to create distributed, synchronized, hard real-time systems over standard Ethernet. These systems use the same infrastructure to provide real-time control and communicate all standard IT data, powering convergence of control, measurement, configuration, UI and file exchange infrastructure. This is expected to fundamentally change system design and maintenance by offering network convergence, secure control traffic and high performance.
The early access technology platform includes new CompactRIO controllers featuring Intel Atom processors and the Intel i210 TSN-enabled NIC for a faster, lower energy and more cost-effective solution. These controllers use LabVIEW system design software to maintain synchronized time to the network and expose that time to code running on the real-time processor, as well as the code running on the FPGA. LabVIEW is already designed with time as a core concept, which makes it simple for users to tightly coordinate signal processing, control algorithms and I/O timing with scheduled network transmission and between multiple systems distributed across a network. Customers that want to access the technology platform can join the NI Community “Time Sensitive Networks.” There they can gather more information on hardware and software capabilities, view example code and documentation, and obtain details on acquiring appropriate products from NI and partners to create deployable TSN systems.
For more information on this new line of controllers, click here.
Since 1976, NI (www.ni.com) has made it possible for engineers and scientists to solve the world’s greatest engineering challenges with powerful, platform-based systems that accelerate productivity and drive rapid innovation. Customers from a wide variety of industries – from healthcare to automotive and from consumer electronics to particle physics – use NI’s integrated hardware and software platform to improve the world we live in.
CompactRIO, LabVIEW, National Instruments, NI, ni.com and NIWeek are trademarks of National Instruments. Other product and company names listed are trademarks or trade names of their respective companies.
Six Practice Areas Directed by Distinguished Experts in Industrial Control Systems, Red Team Services, Incident Response Forensics, IoT and Embedded Systems Security, Healthcare and Training
IRVINE, Calif. – Cylance®, the company that is revolutionizing cybersecurity through the use of artificial intelligence to proactively prevent advanced persistent threats and malware, announced today that its Cylance Consulting division is offering a suite of prevention-based services for both private- and public-sector organizations. Offerings focus on six practice areas within several verticals: healthcare, finance, government, critical infrastructure, education, retail and energy.
“We see every Cylance Consulting engagement as a partnership that will help the organization achieve prevention and stay there,” said Corey White, Vice President of Worldwide Consulting Services at Cylance. “Since optimal business outcomes start with security incident prevention, that’s where we begin, but we collaborate with our customers to optimize their environments and our partnership to meet both short- and long-term organizational objectives.”
Cylance Consulting operates within six practice areas:
- Incident Response and Compromise Assessments: Determines whether a security breach has occurred; when, where and how it happened; how far it has propagated; and what to do to prevent incidents in future.
- Industrial Control Systems: Protective services directed by experts who have been securing critical infrastructure for the U.S. government for decades.
- Red Team Services: Identifies and prioritizes risks and maps the organization’s full security landscape, strengths, and weaknesses.
- ThreatZERO™: Operationalizes CylancePROTECT® next-generation antivirus and works to identify and completely eliminate all endpoint threats.
- Internet of Things (IoT) and Embedded Systems: Approaches secure IoT and embedded devices within their IT ecosystems to create a preventive, scalable security approach.
- Training: A variety of customizable, security-focused training courses for developers, testers, engineers, project managers and security professionals.
Cylance practice areas are led by recognized experts in these practice areas, including:
- Corey White, Vice President of Worldwide Consulting Services, leads Cylance Consulting and has spent more than twenty years managing security practices and teams. Most recently he was director of McAfee and Foundstone Professional Services.
- Eric Cornelius, Worldwide Managing Director of Critical Infrastructure and Industrial Control Systems, who previously served as a computer scientist at the Army Research Labs – Survivability/Lethality Analysis Directorate, as a cybersecurity researcher at the Idaho National Labs, and who wrote the ICS security protocols while working at the U.S. Department of Homeland Security.
- Rob Bathurst, Worldwide Managing Director of Healthcare and Embedded Systems, who was the principal information security architect at the Mayo Clinic, a vulnerability assessment specialist for the U.S. Air Force, and served in senior security roles at the U.S. Department of Energy and at the Defense Information Systems Agency (DISA) prior to Cylance.
- Chris Coulter, Worldwide Managing Director of Incident Response and Forensics, a patent-holder and founder of Skout Forensics, who has investigated some of the most high-profile data breaches in recent years, including those inside government agencies.
- Ben Denkers, Worldwide Managing Director of Red Team Services, a long-time security industry veteran who has served as principal security consultant at Foundstone, senior security consultant at Guidance Software, and in key security engineering roles inside technology companies.
- Dave Alfaro, Worldwide Managing Director of ThreatZERO, a 20-year security veteran extremely well-versed in perimeter and host-based security, as well as privilege, vulnerability and malware assessment.
For more information on Cylance Consulting, visit www.cylance.com/consulting.
About Cylance Inc.
Cylance is the only company to offer a preventive cybersecurity solution that stops advanced threats and malware at the most vulnerable point: the endpoint. Applying a revolutionary artificial intelligence approach, the Cylance endpoint security solution, CylancePROTECT®, analyzes the DNA of code prior to its execution on the endpoint to find and prevent threats others can’t, while using a fraction of the system resources associated with endpoint anti-virus and detect and respond solutions that are deployed in enterprises today. For more information visit: www.cylance.com.
Cylance and CylancePROTECT are registered trademarks or trademarks owned by Cylance Inc. in the United States and other jurisdictions and may not be used without prior written permission. All other trademarks are the property of their respective owners.
Citrix Roll Out of EPIC System to 10,000 Machines Takes Only 12 Months to Complete
SANTA CLARA, Calif. – The transformation to value-based healthcare, which demands a move away from a supply-driven health care system that is organized around fees, toward a patient-centered system, organized around what patients need. The move is well underway and organizations are making large-scale changes to deliver on the efficiencies it promises. Moving to electronic-based medical records per the Electronic Medical Record (EMR) mandates put in place by the U.S. federal government is part of the equation as it adds the technologies that ultimately enable clinicians to be more efficient, allowing for more one-on-one time with patients and less time spent on documentation. Montefiore Health System (MHS), a premier academic medical center, and the University Hospital for Albert Einstein College of Medicine adopted Citrix virtualization technology to adapt to this changing trend and comply with EMR mandates. MHS grew significantly over the course of three years, increasing its user base from 18,000 to a staggering 28,000 workers, which includes ten hospitals, an extended-care facility with 150 locations in New York state, the largest school health program and a home-health program. As a result of this quick growth, the IT organization at MHS needed solutions that would give clinicians seamless access to the large number of patient medical records without impacting their growing care team’s ability to provide quality patient care. By using low-cost devices such as thin clients and keeping the complex configuration needs of different clinical applications contained within the data center, MHS has realized more than $5 million in hardware savings.
Using @Citrix solutions, @MontefioreNYC rolls out EPIC system to 10k users in <1 year & saves $5 million.Tweet this
To reach its goals, the IT group developed a strategy that uses Citrix XenApp, XenDesktop, and NetScaler to give thousands of remote workers access to clinical applications regardless of location. These Citrix solutions allowed MHS IT to complete the rollout of its EMR system, EPIC, in a staggering 12 months. To date, MHS has rolled out the EPIC system to almost 10,000 machines, with a focus on its medical group sites and faculty practices. MHS also kept storage costs low with Provisioning Services, saving more than $2 million in storage in addition to savings in manpower from single image management. With the visibility into XenApp and XenDesktop traffic across the network provided through HDX Insight, which is a part of NetScaler Insight Center, MHS created 24/7 monitoring capabilities which are essential in a round-the-clock healthcare setting in which clinicians need to provide on call responses. When a change is needed to any of the most popular apps used by clinicians, it can be made any time of day without interrupting their workflow. Today, whether it’s a doctor who needs to look up a patient’s test results while away on vacation or a clinician who can’t make it to a medical center because of inclement weather, Citrix solutions ensure reliable, secure access to pertinent patient records and time-sensitive test results.
Corey Cush, Senior Director of Technology Services, Montefiore Health System
“We were able to roll out the EPIC system and hundreds of standard apps to thousands of users on 10,000 machines in less than 12 months – a staggering feat. If we didn’t have Citrix solutions in place and I’d had to use another vendor or a manual process, we would probably have doubled the time to implementation. The result is better patient care delivered faster and without the expense of added manpower.”
Andy Lin, Senior Information Technology Manager, Montefiore Health System
“We are able to utilize NetScaler Insight Center for visibility on application delivery from the thin client all the way back to the Citrix server, to provide an exceptional user experience to our entire organization. With this information at our fingertips, we have unprecedented visibility into our IT infrastructure and can rapidly and easily troubleshoot latency and performance issues to focus on our mission to save lives while focusing on patient care.”
- Citrix and Montefiore Health System Case Study
- Citrix Blog: Montefiore - It’s About Time, Technology and Family
- Citrix Healthcare Solutions
Citrix (NASDAQ:CTXS) aims to power a world where people, organizations and things are securely connected and accessible to make the extraordinary possible. Its technology makes the world’s apps and data secure and easy to access, empowering people to work anywhere and at any time. Citrix provides a complete and integrated portfolio of Workspace-as-a-Service, application delivery, virtualization, mobility, network delivery and file sharing solutions that enables IT to ensure critical systems are securely available to users via the cloud or on-premise and across any device or platform. With annual revenue in 2015 of $3.28 billion, Citrix solutions are in use by more than 400,000 organizations and over 100 million users globally. Learn more at www.citrix.com.
For Citrix Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.
© 2016 Citrix Systems, Inc. All rights reserved. Citrix, XenApp, XenDesktop, NetScaler and other marks appearing herein are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.
Assured cloud services provider announces the expansion of choice with new OpenStack and Oracle platforms and further price reductions
LONDON – UKCloud, the new name for Skyscape Cloud Services, the easy to adopt, easy to use and easy to leave assured cloud services company, today announced that an expanded range of assured cloud services, including new OpenStack and Oracle powered offerings, are now available on the latest iteration of the G-Cloud Framework – G-Cloud 8. These new features and service options provide genuine choice to meet the different requirements of contrasting public sector workloads. In addition, further price reductions demonstrate that UKCloud remains committed to providing best value. This combination of solutions focused on UK Public Sector requirements and unbeatable pricing combined with its exceptional compliance, service performance and support credentials confirm UKCloud’s unique position to support public sector digital transformation and its customers who deliver critical services to citizens.
“As a firm supporter of the development of G-Cloud, we welcome the latest iteration and are pleased to confirm that our full range of accredited services will be available via G-Cloud 8,” said Simon Hansford, CEO of UKCloud. “In addition to a number of major enhancements to our services, we’re adding OpenStack and Oracle platforms in order to support our public sector customers in delivering cost-effective and secure transactional services to citizens. We have developed these in line with our customers’ feedback, which demonstrates our continued and exclusive commitment to the UK public sector.”
As with previous G-Cloud iterations, UKCloud continues to make significant improvements to its VMware vCloud platform, which includes an upgrade to vCloud 8, NSX software defined networking and next generation workload protection. This ensures a mature and proven platform for workloads based on traditional enterprise technologies such as IBM, Microsoft and SAP. New connectivity options now offered by UKCloud include free access via the high-speed Janet network to research and education communities. Furthermore, UKCloud’s platform is now connected to RLI for the military and defence community. The provider’s ninth round of price reductions mean that customers will see improved value with a 30 percent reduction in Tier 1 (optimised) Compute storage from 35p to 25p and free internet bandwidth for both inbound and outbound traffic.
“Four years on from the launch of our first platform on the G-Cloud Framework’s debut iteration, the public sector is maturing and we’re seeing more complex requirements for big data projects and multi-cloud deployments. As demand for cloud computing and technical support for these more complicated solutions grows, our broad range of offerings remain easily accessible via G-Cloud, providing public sector organisations with compliant and cost-efficient services,” continued Hansford.
UKCloud’s newest platform, Assured Oracle Cloud, which is based on Oracle Virtual Machine (OVM) technology, will now be available on G-Cloud 8. This new platform will mean customers can host their Oracle-based services with UKCloud and therefore realise the benefits of true cloud hosting – increased agility and consumption-based pricing as well as significantly reduced costs, all whilst complying with the stringent licencing and hardware requirements specified by Oracle’s software solutions. Its new Oracle platform extends the unique assurance, sovereignty and connectivity capabilities of the UKCloud platform to an environment that is specifically optimised for citizen-facing applications and back office systems based on Oracle’s technology, such as the E-business Suite and Oracle Fusion Applications.
In addition to Oracle, UKCloud’s new Cloud Native Infrastructure (powered by OpenStack) will also be available on G-Cloud 8 and is designed to provide a rich, scalable API and close alignment with agile DevOps/WebOps culture commonly used to develop cloud native applications, which improve public services, increase agility, drive innovation and reduce costs. UKCloud’s assured OpenStack capability will accelerate digital transformation across the UK public sector by providing a truly open source platform that is familiar to developers and meets government requirements for open standards.
UKCloud is dedicated to the UK Public Sector. We provide assured, agile and value-based true public cloud that enable our customers to deliver enhanced performance through technology.
We’re focused on cloud. Delivering a true cloud platform that is scalable, flexible, assured and cost-effective.
We’re open. You are never locked in. Using industry standards and open source software we enable flexibility and choice across multiple cloud solutions.
Dedicated to the UK Public Sector. Our business is designed specifically to serve and understand the needs of public sector organisations.
We develop communities. We bring together communities of users that are able to share datasets, reuse code, test ideas and solve problems.
Customer engagement. We will only be successful if our customers are successful. We embody this in the promise: Easy to adopt. Easy to use. Easy to leave.
UKCloud. The power behind public sector technology.