Sift Security
Enterprise security startup that is leveraging big data and advanced analytics.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Sift Security, Inc. was established in 2014 by founder Neil King and was headquartered in Menlo Park, California. The company operated as a cybersecurity entity, focusing on developing a platform that utilized big data and advanced analytics to assist enterprises in identifying and investigating internal security risks. The founding team was composed of experts with experience from prominent organizations such as McAfee, VeriSign, ArcSight, Shape Security, Amazon, and Oracle.
The company's core offering was its CloudHunter platform, a detection and response solution designed specifically for securing public cloud infrastructures like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform. CloudHunter addressed key challenges in public cloud security, including visibility, misconfigurations, threat detection, and incident response. The platform ingested raw logs from various sources—such as hosts, networks, and cloud applications—and structured this data into a graph format. Its analysis engine, 'Sifter', employed a combination of rule-based alerts, threat intelligence, machine learning, and proprietary graph clustering algorithms to prioritize security alerts. This allowed security operations teams to more efficiently investigate and respond to threats, with one client reporting a reduction in investigation time from days to minutes.
Sift Security's business model was centered on providing its cloud-based security analytics platform to enterprises, enabling them to protect their dynamic cloud environments. The company successfully raised a total of $8.02 million over three seed funding rounds, with investments from Freeman Group. In July 2018, Sift Security was acquired by Netskope, a leader in cloud security. The acquisition led to the integration of the CloudHunter engine into the Netskope Security Cloud to enhance its Infrastructure-as-a-Service (IaaS) threat detection and response capabilities. As part of the acquisition, CEO Neil King joined Netskope to lead product strategy and management for their IaaS security offerings.
Keywords: Sift Security, Neil King, CloudHunter, IaaS security, cloud infrastructure security, threat detection, incident response, cybersecurity analytics, big data security, cloud security platform, Netskope acquisition, graph-based security, AWS security, Azure security, Google Cloud security, security operations, threat visualization, automated threat response, security analytics, cloud threat correlation