The RiskIQ Illuminate App in the CrowdStrike Store

RiskIQ’s external data sets combined with CrowdStrike’s deep endpoint data deliver security practitioners increased visibility of their entire attack …

SAN FRANCISCO, Feb. 20, 2020 (GLOBE NEWSWIRE) — RiskIQ, the global leader in attack surface management, today is pleased to announce that the RiskIQ Illuminate app is now available inside the CrowdStrike Store. The app delivers the capabilities of Illuminate, RiskIQ’s leading attack surface management platform, and pairs RiskIQ’s extensive internet intelligence with CrowdStrike’s rich endpoint telemetry. The combination of these two powerful data sets enables comprehensive visibility into an organization’s internal and external attack surface.

RiskIQ has collected, stored, and analyzed a decade’s worth of internet data to feed its technology, which discovers an organization’s external digital footprint, monitors it for threats, and enables quick and thorough threat investigations. These external data sets, unmatched in the industry, allow the Illuminate platform to function as a DVR for the Internet, giving security teams the ability to detect attacks and look back to understand why and how they happened.

RiskIQ’s external data sets combined with CrowdStrike’s deep endpoint data deliver security practitioners increased visibility of their entire attack surface and accelerate their investigation to respond more effectively to threats. As they conduct research, the RiskIQ app automatically identifies impacted endpoints. Analysts then gain a complete understanding of all related infrastructure to a given threat actor so companies can stay a step ahead of their adversaries.

“RiskIQ data powers several defense-based products and enables a community of over 85,000 security practitioners to conduct investigations into threats,” said RiskIQ PassiveTotal founder and Vice President of Strategy Brandon Dixon. “This data becomes even more powerful when combined with CrowdStrike’s endpoint telemetry.”

“CrowdStrike established the CrowdStrike Store to enable partners to bring innovation and new capabilities to market faster so that customers can more quickly spot and stop the breach,” said Andy Horwitz, vice president of CrowdStrike Store. “With RiskIQ as a partner, we can extend the power of our cloud-delivered CrowdStrike Falcon platform to provide security teams with 360-degree visibility and monitoring of their entire digital attack surface both inside and outside the firewall. This is critical for our customers to gain complete context with external internet intelligence and internal endpoint data to help accelerate threat investigation and incident response to defend their enterprise.”

Key benefits to the application include

  • Creates complete security visibility by bridging external and internal threat intelligence data in one location
  • Enriches investigations by automatically searching endpoints for indicators of compromise (IoCs) as analysts pivot
  • Displays CrowdStrike Falcon Intelligence data directly alongside detailed Internet collection data
  • Accelerates hunting or incident response engagements by surfacing related or overlapping infrastructure data
  • Identifies any visibility gaps within the organization by analyzing CrowdStrike endpoint coverage and comparing it with the organization’s attack surface

CrowdStrike customers can seamlessly trial the RiskIQ application through the CrowdStrike Store within the Falcon platform to gain a 360-degree view of their digital attack surface.

Read more about the integration here.

About RiskIQ

RiskIQ is the leader in digital attack surface management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organization’s digital presence. With more than 75 percent of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over web, social and mobile exposures. Trusted by thousands of security analysts, security teams, and CISO’s, RiskIQ’s platform combines advanced internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk, and take action to protect the business, brand, and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures.

Visit https://www.riskiq.com or follow us on Twitter. Try RiskIQ Community Edition for free by visiting https://www.riskiq.com/community/

© 2020 RiskIQ, Inc. All rights reserved. RiskIQ is a registered trademark of RiskIQ, Inc. in the United States and other countries. All other trademarks contained herein are the property of their respective owners.

Contact

Holly Hitchcock

Front Lines Media

805-801-9798

Holly@FrontLines.io

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Startups Weekly: Part & Parcel plans plus-sized fashion empire

Part & Parcel, for its part, has raised $4 million in seed funding in a round led by Lightspeed Venture Partners‘ Jeremy Liew. The startup launched …

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Stripe’s grand plans. Before that, I noted Peloton’s secret weapons.

Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. If you don’t subscribe to Startups Weekly yet, you can do that here.

Startup spotlight

The best companies are built by people who have personally experienced the problem they’re attempting to solve. Lauren Jonas, the founder and chief executive officer of Part & Parcel, is intimately familiar with the struggles faced by the women she’s building for.

San Francisco-based Part & Parcel is a plus-sized clothing and shoe startup providing dimensional sizing to women across the U.S. The company operates a bit differently than your standard direct-to-consumer business by seeking to include the women who wear and evangelize the Part & Parcel designs by giving them a cut of their sales.

Here’s how it works: Ambassadors sign up to receive signature styles from Part & Parcel, which they then share and sell to women in their network. Ultimately, the sellers are eligible to receive up to 30% of the profit per sale. The out-of-the-box model, which might remind you somewhat of Mary Kay or Tupperware’s business strategy, is meant to encourage a sense of community and usher in a new era in which plus-sized women can facilitate other plus-sized women’s access to great clothes.

190615 PartandParcel 00 16384

“I bought a brown men’s polyester suit and wore it to an interview,” Jonas, an early employee at Poshmark and the long-time author of the popular blog, ‘The Pear Shape,’ tells TechCrunch. “I was that kid wearing a men’s suit.”

Clothing tailored to plus-sized women has long been missing from the retail market. Increasingly, however, new brands are building thriving businesses by catering precisely to the historically forgotten demographic. Dia&Co., for example, raised another $70 million in venture capital funding last fall from Sequoia and USV. And Walmart recently acquired another brand in the space, ELOQUII, for an undisclosed amount. Part & Parcel, for its part, has raised $4 million in seed funding in a round led by Lightspeed Venture Partners’ Jeremy Liew.

The startup launched earlier this year in Anchorage, “a clothing desert,” and has since grown its network to include women in several other underserved markets. Given her own history struggling to find a fitted woman’s suit, Jonas launched her line with structured pieces, including suits and blouses — though the startup’s biggest success yet, she says, has been its boots, which come in three different calf width options.

“Seventy percent of women in this country are plus-sized,” Jonas said. “I’m bringing plus out of the dark corner of the department store.”

This week in VC

sex tech 1

Image: Bryce Durbin / TechCrunch

Must read

TechCrunch’s Megan Rose Dickey published a highly anticipated deep dive on the state of sex tech this week. The piece provides new data on funding in sex tech and wellness companies, analysis on sex tech startup’s battle for public advertising and responses from industry leaders on how we can destigmatize sex with technology. Here’s a short passage from the story:

Cindy Gallop sees a market opportunity in every type of business obstacle she encounters. That’s why All The Sky will also seek to invest in startups that tackle the infrastructural tools needed to fuel sextech, like payments, hosting providers and e-commerce sites.

“I want to fund the sextech ecosystem to maintain and sustain a portfolio for All the Skies, to create a bloody huge sextech ecosystem and three, to monopolistically build out the ecosystem to be a multi-trillion-dollar market,” Gallop says.

On my radar

I swung by Contrary Capital‘s Demo Day this week, in which a number of startups gave a 4- to 5-minute pitch. Next on my list is Alchemist‘s Demo Day in Menlo Park. The accelerator welcomes enterprise startups for a six-month program focused on early customer adoption, company development and mentorship.

Also on my radar is Females To The Front. The event began this week in Palm Springs and if I were based in SoCal, I would have swung by. Led by Amy Margolis, the event is said to be the largest gathering of female cannabis founders and funders to date. Here’s how the group describes the event: “Females to the Front Retreat will mix immersive and hands-on workshops, pitch training, investment deck preparation and business skill set education with investor meetings and plenty of shared meals, pool time, yoga, connections, rest and rejuvenation. Every workshop is built to directly engage attendees instead of powerpoint and panels. Be prepared to return home inspired, engaged and with so many more tools in your toolbox.”

For the record, I don’t advertise events in my newsletter just wanted to give props to this one because it’s a great development for the cannabis tech ecosystem.

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Time to Disrupt

We are just weeks away from our flagship conference, TechCrunch Disrupt San Francisco. We have dozens of amazing speakers lined up. In addition to taking in the great line-up of speakers, ticket holders can roam around Startup Alley to catch the more than 1,000 companies showcasing their products and technologies. And, of course, you’ll get the opportunity to watch the Startup Battlefield competition live. Past competitors include Dropbox, Cloudflare and Mint… You never know which future unicorn will compete next.

You can take a look at the full agenda here. And if you still need convincing, here’s five reasons to attend this year’s conference from our COO himself.

And finally… #EquityPod

This week, the lovely Alex Wilhelm, editor-in-chief of Crunchbase News, and I gathered to discuss a number of topics including WeWork’s IPO and Uber’s attempts to bypass a new law meant to protect gig workers. Listen here.

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Crypto whiz kid Justin Sun’s $4.6 million lunch with Warren Buffett has sparked China conspiracies …

… he plans to invite Binance boss Changpeng Zhao, Litecoin creator Charlie Lee, and Ethereum co-founder Vitalik Buterin during a CNBC interview.

Warren Buffett and Justin SunReuters Connect

June 3, 2019: Justin Sun announces on Twitter that he’s won Warren Buffett’s annual charity lunch. His winning bid of $4.57 million is donated to the Glide Foundation, a homeless charity in San Francisco. Sun pledges to explain the benefits of cryptocurrency to Berkshire Hathaway’s billionaire boss, a notorious crypto skeptic who has blasted Bitcoin as “rat poison squared.”

Justin SunTwitter/Justin Sun

June 4, 2019: Sun, who’s allowed to bring up to seven guests to the lunch, says he plans to invite Binance boss Changpeng Zhao, Litecoin creator Charlie Lee, and Ethereum co-founder Vitalik Buterin during a CNBC interview. Here’s a list of everyone he’s invited.

June 4, 2019: Zhao, head of the Binance cryptocurrency exchange, declines Sun’s lunch invitation, saying it’s too far to travel.

June 16, 2019: Sun invites Lee to attend the lunch. Lee accepts.

July 5, 2019: Sun tweets that he’s invited Zhao, Lee, and Livio Weng, head of the Huobi crypto exchange.

July 12, 2019: Sun invites Donald Trump after the president says he’s “not a fan of Bitcoin and other cryptocurrencies” on Twitter. “I guarantee you after this lunch, nobody will know crypto more than you!” Sun responds.

July 18, 2019: Sun invites Jeremy Allaire, the head of Circle, a peer-to-peer payments group that counts Goldman Sachs among its backers. Allaire accepts.

July 21, 2019: Sun invites Helen Haiyu, head of blockchain at Binance Charity Foundation, the philanthropic arm of the crypto exchange. Haiyu accepts.

July 21, 2019: Sun invites Yoni Assia, head of eToro, a social trading platform. Assia accepts.

July 22, 2019: Sun invites Chris Lee, head of finance at Huobi. Lee accepts.

July 22, 2019: Tron announces the lunch will be postponed after Sun falls ill with kidney stones.

July 23, 2019: The 21st Century Business Herald, a Chinese news outlet, reports Sun is suspected of illegal fundraising, money laundering, and gambling. Chinese newspaper Caixin reports Sun delayed the meal because he’s being held by the Chinese government over the allegations. Sun squashes the rumors by broadcasting a live video showing him in a San Francisco skyscraper with a view of the Bay Bridge.

July 24, 2019:The New York Times reports one of Sun’s companies, voice-streaming app Peiwo, was blacklisted by Chinese regulators in June for operating illegally. Later, Sun publishes a groveling apology on Chinese social media, bemoaning his “big mouth” and “vulgar hype and marketing” and pledging to “put the interests of the country, sector and the public above anything else.” The post is deleted shortly after it goes live.

July 25, 2019: The original date of the Buffett lunch. Photos on social media show Sun partying with influencers at a Tron event celebrating the one-year anniversary of its takeover of BitTorrent. Bloomberg reports that Tron executives were briefly detained by Chinese authorities then released once Sun delayed the charity meal.

July 27, 2019: Ran Neuner, host of CNBC Africa’s Crypto Trader, reports the US-China trade war might be a factor in the lunch being delayed. “Sources in China say the Chinese government believed that @justinsuntron ‘promoting’ the Warren Buffett lunch was a ‘provocative’ act given current trade tensions,” Neuner tweeted. “He has been told not to pursue the lunch. My source believes the lunch won’t happen at all.”

August 29, 2019: Tron communications director Cliff Edwards tells Blocktv the Buffett lunch is being rescheduled. “It took about two months for us to get all nine people to come to San Francisco and sit in one room for five hours with Warren Buffett,” he said. “We are in the process of corralling all of those nine people again to get it back on track.”

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Patch Homes Raises $5 Million Series A Led by Union Square Ventures

SAN FRANCISCO, Sept. 12, 2019 /PRNewswire/ — Patch Homes, a modern finance company that helps homeowners tap into their home equity …

SAN FRANCISCO, Sept. 12, 2019 /PRNewswire/ — Patch Homes, a modern finance company that helps homeowners tap into their home equity without selling their home or taking on additional debt through its innovative home equity sharing product, announced today a $5 million Series A funding round led by Union Square Ventures with participation by new investors Tribe Capital and existing investors Techstars Ventures, Breega Capital, and Greg Schroy.

The new funding allows Patch Homes to build on its rapid growth and scale up its team to meet rising consumer demand for a home finance product without monthly payments or interest. In less than two years since launching its Home Equity Sharing product in California, Patch has underwritten homes collectively worth more than $3.5 billion, expanded into 11 metro areas across the United States, and grown origination 20x year-over-year in 2019.

We know that homeownership is a journey that doesn’t end when you buy a home. Patch was created to partner with homeowners to help them unlock their home equity so they can achieve their financial goals along every step of their homeownership journey,” said Patch Co-Founder Sahil Gupta. “This funding will allow us to rapidly grow our team and continue our expansion, so that we can partner with even more homeowners.”

“Patch’s founders are taking a customer-centric approach to providing a new and important financing option for homeowners,” said Union Square Ventures Partner John Buttrick. “Patch approaches their customers as equity partners – not as debt contractors – resulting in aligned incentives and incredibly positive customer feedback to-date. Our team at USV feels fortunate to be joining Patch on their journey, and we look forward to supporting their expansion efforts into new markets.”

Unlike a traditional debt product – a HELOC or a Home Equity loan – Patch’s partnership approach allows homeowners to access as much as $250,000 of their home equity without the burden of monthly payments or interest. Through its equity sharing model, Patch is helping fill the huge void created by banks and other lenders who take an increasingly narrow view of who qualifies for home equity loans or HELOCs. Patch leverages machine learning techniques to analyze thousands of data points on the asset, the market, and the owner to take a more holistic view of the homes they want to invest in.

From our early interactions with Sahil and the Patch Homes team it was clear they were taking a different approach to helping homeowners by aligning interests for all parties,” said Tribe Capital Co-Founder and Partner Ted Maidenberg. “Your home is the majority of net worth for Americans yet liquidity options are rooted in debt products; Patch financings break that mold and the team has built sophisticated data-driven underwriting and monitoring platform to enable rapid growth of this new product. We are thrilled to partner with the team and look forward to supporting them in the future.”

A critical factor in Patch’s growth over the past year has been an equity partner with a long term alignment with Patch and its homeowner partners. Patch Capital Partners (PCP), a Chicago-based real estate private equity firm founded by former Guggenheim Partners Managing Director Adam Hitchcock and Coolhouse Labs Founder Jordan Breighner, is the exclusive home financing partner of Patch Homes and intends to invest an initial $100 million in capital in Patch contracts.

“A key reason behind our belief in Patch’s ability to solve this important problem is that they have a stable source of capital from a partner who believes in their approach and allows them to stay focused on their customer-centric mission,” Buttrick said.

ABOUT PATCH HOMES

Founded in 2016 by Sahil Gupta and Sundeep Ambati, Patch is a modern finance company that helps homeowners tap into their property value without selling or refinancing, or the burden of monthly payments. Patch’s fast-growing team of consumer finance and real estate professionals has decades of experience working at high-growth startups and institutional investment firms. Patch is headquartered in San Francisco along with an office in New York City. Learn more at patchhomes.com.

CONTACT

press@patchhomes.com

415.578.6515

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Patch Homes Co-Founders, Sundeep Ambati (L) and Sahil Gupta (R).png

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SOURCE Patch Homes

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Boston’s August Includes Its Biggest Cybersecurity Round Yet (And Chickpeas)

About seven-and-a-half years ago, Cybereason, a security startup that wants to defend against cyberattacks and threats, was born in Tel Aviv, Israel.

About seven-and-a-half years ago, Cybereason, a security startup that wants to defend against cyberattacks and threats, was born in Tel Aviv, Israel. Then, searching for better access to customers and investors, the company eyed a move to the United States.

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Cybereason considered the normal hubs: New York, San Francisco, and Washington D.C. But ultimately, as co-founder Yonatan Striem-Amit detailed to Crunchbase News, the startup chose Boston as its new hub.

I wondered what makes a company like Cybereason choose Boston. After all, wasn’t there that whole Cambridge saga?1

“Looking at the talent, market, access to other companies and customers, makes Boston the best choice possible,” to relocate a company, Streim-Amit told me via in a phone interview.

As for that initial hope that a move across the world would lead to better access to investors? It worked. To date, the now Boston-based company has raised over $388.6 million in venture capital.

In fact, this past month, Cybereason raised a $200 million Series E led by SoftBank Group and its affiliates, the largest round for the company in its history, and the largest cybersecurity round landed in Greater Boston of all time, according to the company and Crunchbase data.

Plus, Cybereason’s round made up about 40 percent of venture capital dollars raised by Greater Boston companies2 in August ($487 million). More on the other 60 percent later, but first, this record-breaking round inspired me to dive a bit deeper into what cybersecurity looks like in Boston for this month’s column on the Greater Boston startup scene.

A Recap On Cybereason

SoftBank, which is known for its rapid bets into other companies in the form of large (and often nine-figure) venture capital checks, led Cybereason’s big round.

“Luckily for us, we found a great investor and a great partner in SoftBank, who have the same desire to build something very substantial [and[ not just go for quick returns,” he said. As we discussed in a separate post, the new Series E will be used to further fuel the cybersecurity company’s international presence.

Below is a chart of Cybereason’s total funding over time.

The company mentioned how cybersecurity, in general, has grown tremendously in Massachusetts. Think Akamai Technologies, or Rapid7. Or Raytheon. Or RSA Security.

Traditional cybersecurity companies fit “innovation within the boundaries” of separating good actors from bad actors, he said. But the next generation has realized that “hackers are more sophisticated.” This new wave has created an inflection point in the focuses that cybersecurity companies have.

Check out ourprevious Boston columns

“You have to have a much higher sophistication and look at the activity and determine by behavior and not just by what something looks like,” he said. Older companies, he feels, tackle problems after they come up. As we’ll unpack below, Cybereason isn’t the only new company looking to anticipate and predict hacks before they even happen.

Beyond Just One

BitSight, another cybersecurity company, in Greater Boston, has raised $151 million in known venture capital funding to date, according to its Crunchbase profile.

Jake Olcott, a VP at the security ratings firm, said BitSight has a ton of friendships within the cybersecurity space. The company is jumping in with other Boston-based companies working on application security, endpoint protection, and vulnerability scanning for partnerships, marketing insight, and smart hires.

From the exit angle, Boston cybersecurity also felt some momentum in August. Palo Alto-based VMware acquired Waltham-based Carbon Black, a security company, for $2.1 billion this past month. Carbon Black works on endpoint security, and went public last year. So while it’s beyond our private company niche, this deal is notable and tells us that Palo Alto has eyes on Boston’s security scene.

But Boston’s startup activity this month went far beyond the cybersecurity sector, so let’s wrap up with a quick roundup.

Chickpeas And Notaries

Going back to August totals, 14 startups across Greater Boston raised $487 million in venture capital funding, up almost three times the dollar amount from last month. I looked deeper to see why the uptick occurred.

First up, food. Motif FoodWorks, which we’ve written about before, added $27.5 million in additional funding to its Series A round. The company now has $117.5 million in known venture funding for its fermentation technology that develops proteins and nutrients for plant-based foods. Also in the food category, Boston-based Biena Snacks raised a $8 million Series B to give all of us crunchy, tasty chickpeas on the go.

Beyond fermentation and chickpeas, startups looking to help renovate old processes also found venture interest in August. Notarize raised $37 million in an extension of its Series B. The company launched a competitor to DocuSign in early June as it works to help its users verify legal documents online.

Ending With An Eavesdrop

Finally, I chatted with Ori Solomon this morning, a Boston-based VC and startup attorney from Morrison Foerster. He mentioned that in terms of small talk on the streets, Silicon Valley and Boston are an inverse of each other.

In San Francisco, a casual stroll can allow you to eavesdrop on tech folks talking about Facebook, Google, Salesforce, or Workday, he said. In Boston, you’re more likely to overhear conversations on something biotech related. And if not that, life sciences.

To me that says that we all need to do a better job of reading into zones outside of our everyday. Boston is no exception. Next month, I want to unpack university and VC startup collaborations rising just in time for back to school. Email or tweet me your tips.

Illustration: Li-Anne Dias


  1. A joke, a joke.

  2. This includes Boston and Cambridge.

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