Haystax Technology

Haystax Technology

Security analytics products to prioritize complex enterprise threats, enabling leaders and operators to act with confidence when it matters most.

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DateInvestorsAmountRound

$4.0m

Early VC
Total Funding000k
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Haystax Technology, founded in 2012, operates as a security analytics and risk management solutions provider. The company was acquired by Fishtech Group, a cybersecurity solutions firm, on July 13, 2018, and now operates as a wholly-owned entity. This acquisition was a strategic move to extend Haystax's reach from its original focus on homeland security and public safety into the commercial enterprise space. Prior to this, Haystax had already made its own acquisitions, including FlexPoint Technology in 2013 and NetCentrics Corporation in 2014, with the latter deal projected to bring combined revenues to $100 million.

The core of Haystax's offering is the Constellation Analytics Platform™, a sophisticated system designed for the rapid understanding of and response to both cyber and physical threats. This platform utilizes a patented, model-driven approach, applying multiple artificial intelligence techniques to emulate the reasoning of expert analysts. It ingests and processes vast amounts of data from diverse sources, including open-source news feeds, social media, and client-specific data streams like access control systems and video surveillance. The platform then identifies and prioritizes the most critical risks in real-time, significantly reducing the volume of events requiring investigation. This enables clients to focus on the handful of threats that need immediate attention.

The business serves a wide array of clients, including federal, state, and local government agencies, as well as commercial enterprises in sectors like finance and healthcare. Its solutions are used for insider threat detection, security operation center (SOC) automation, public safety, and critical infrastructure protection. The platform provides applications for incident management, data visualization, threat alerting, asset cataloging, and event monitoring. For instance, the City of Indianapolis utilized the platform to enhance security for the Indianapolis 500 race. Revenue is generated through its security-as-a-service (SECaaS) solutions and platform deployments.

Keywords: security analytics, risk management, threat intelligence, insider threat detection, incident response, security operations center, AI security, public safety technology, critical infrastructure protection, Constellation analytics platform, data-driven security, physical security, cyber-physical threats, threat monitoring, real-time analytics, government security solutions, enterprise security, Fishtech Group, situational awareness, security-as-a-service

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Investments by Haystax Technology

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Digital Sandbox
ACQUISITION by Haystax Technology Apr 2013
FlexPoint Technology
ACQUISITION by Haystax Technology May 2013
NetCentrics Corporation
ACQUISITION by Cerberus Capital Management Oct 2021