If there's one thing we learned from the security breaches over the last few weeks, it's that we're all in this together. From corporate giants like Target to consumer-facing startups like Snapchat to the public itself, all parties are vulnerable to cyber attacks.
Waltham-based Confer announced on Wednesday that it has closed a Series A round worth $8 million from from Matrix Partners' Tim Barrows and North Bridge Venture Partners' Jim Moran, reports the Boston Business Journal.
The company carries this "we're all in this together" aspect within its key open threat-sharing platform. At its core, the platform is designed to protect servers, laptops and mobile devices from advanced cyber attacks. When downloaded onto devices and servers, Confer's cardinal software will sense any out of the ordinary and malicious behavior, and then automatically share that data with the necessary stakeholders, such as other companies in the same industry.
Confer stated that it plans on making the platform commercially available within this quarter. The team currently employs 20.
