CounterTack Gets $12 Million in Funding

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Security company CounterTack recently announced that it has closed a $12 million Series B round of funding, supported by Goldman Sachs, Fairhaven Capital, and a group of private investors.

The company says the funds will be used to support CounterTack's accelerated go-to-market strategy and global expansion in the endpoint threat detection and response market. CounterTack's Sentinel and Scout solutions are designed to provide real-time threat detection and visibility into attacker behaviors.

"We are seeing an explosive opportunity in the endpoint security market worldwide," Fairhaven Capital partner Mark Hatfield said in a statement. "CounterTack’s innovative approach to detecting and analyzing threats on desktop, laptop and server endpoints positions the company to become the next meaningful security technology to the global enterprise. As the threat landscape has evolved, so has CounterTack, keeping the company and its customers ahead of persistent attackers."

CounterTack recently announced a partnership with SK Infosec, under which the company's Sentinel product will be used to protect South Korean organizations from cyber attacks.