UPDATED 06:00 EDT / NOVEMBER 09 2023

SECURITY

Threat-informed defense startup Tidal Cyber raises $5M for platform growth

Tidal Cyber announced today that it has raised $5 million in new funding to accelerate the growth of its platform, which enables security operations teams to focus on critical threats and take action to improve their cybersecurity posture.

Founded as Tidal Security Inc. in 2022 by a team of threat intelligence veterans with experience at MITRE, the U.S. Department of Homeland Security and private cybersecurity companies, Tidal Cyber’s platform provides security operations center teams with an independent set of tools and recommendations customized to an organization’s defenses. The platform enables security teams to automate identification, triage and remediation, reducing overall time spent by analysts.

Tidal’s platform helps customers map the security requirements and capabilities of their environment against a complete knowledge base of adversary tactics, techniques and products, known as TTPs for short. The platform includes the MITRE ATT&CK knowledge base, additional open-source threat intelligence sources and a Tidal-curated registry of security products mapped to specific adversary TTPs.

The platform provides capabilities that allow teams to identify relevant threats, with a threat profile builder that identifies and prioritizes threats relevant to an organization. A prioritized to-do list with daily, defensive actions enables teams to respond to threats in a timely manner.

It can also be used to optimize a stack, creating a map of defensive capabilities in a company’s cyber stack that helps each company use the best configurations to defend against threats. A proprietary confidence score gauges an organization’s cyber posture and streamlines communication about the cyber program.

“Harnessing a comprehensive set of TTPs, defensive capabilities and our team’s deep knowledge of MITRE ATT&CK, our threat-informed defense platform allows security operators to focus their activities on the threats that are relevant to their organization and take action at the speed of the adversary,” co-founder and Chief Executive Rick Gordon said in prepared comments. “With a framework to implement threat-informed defense more easily and efficiently, cybersecurity teams will gain more control over their time and save money.”

Squadra Ventures LLC led the seed round, with previous investors also participating. Tidal Cyber last raised funding in October 2022, in a round led by Ultratech Capital Partners LLC that also included Access Venture Partners LLC, TFX Capital Management LLC, Virginia Innovation Partnership Corp. and Dreamit Ventures LLC. 

Image: Tidal Cyber

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