Home Startups Cybersecurity startup HYAS raises $6.2 million

Cybersecurity startup HYAS raises $6.2 million

Startup funding

Canadian cybersecurity startup HYAS recently raised $6.2 million in a Series A funding round led by Microsoft’s Venture Fund M12. The other investors in the round included Startup Capital Ventures, 205 Capital, Wesley Clover, and cybersecurity professionals Tim Eades and Tom Noonan.

Hyas was founded in 2015 by Chris Davis, one of the only three civilians to receive the Federal Bureau of Investigation’s (FBI) Director Award of Excellence. The venture-backed startup supports organizations, researchers, and law enforcement personnel identify the perpetrators behind cyber attacks with its online threat detection, analysis, and investigation tools.

“Every industry professional today is facing unrelenting adversaries. At HYAS we have dedicated ourselves to helping them finally put their attackers on the back foot,” said the Founder and Chief Executive Officer Chris Davis of HYAS. “Our Comox platform allows enterprises to see the unseeable – it’s like X-ray vision for cybersecurity professionals. With the release of our next generation of products, these capabilities will grow significantly.”

“HYAS is going beyond threat detection and providing the attribution tools required to actually identify and prosecute cybercriminals,” said Matthew Goldstein, a partner at M12. “Their approach is wholly unique, as are the results, and customers are already responding aggressively. Widespread adoption of Comox and subsequent products will help take bad actors off the internet, and lead to an overall decrease in cybercrime globally.”