ThreatStream rakes in $22M to scan for security threats


Security startup ThreatStream has closed a $22 million Series B funding round, it said Thursday, adding yet another security company to the list of those landing cash in recent months. ThreatStream’s CEO is Hugh Njemanze, a former founder and CTO of the security firm ArcSight, which Hewlett-Packard gobbled up for $1.5 billion in 2010.

The Redwood City-based startup claims its OPTIC system can hook up to an organization’s existing security tools as well as social media, messaging systems and honeynet sensor farms — essentially makeshift networks full of security holes that are designed to attract hackers so that an organization can learn how the bad guys behave.

Once OPTIC is plugged into the various systems, it can analyze potential threats and rank them according to how severe they are. The basic point of OPTIC is to reduce the amount of noise so that a company’s security staff can concentrate…

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