Bay Dynamics lands another $23 million to speed expansion
The Series B financing is led by Carrick Capital Partners and includes Series A investor Comcast Ventures.
The company claims hundreds of customers including some of the Fortune 50.
Bay Dynamics’ Risk Fabric ranks the riskiest users, devices, applications and other network entities, according to a report by Gartner on User and Entity Behavior Analytics, the category in which it places Bay Dynamics. The platform can discover insider threats as well as data theft, and can analyze likely attack surfaces in customer networks, Gartner says.
It does this by drawing on input from security platforms made by other vendors including Symantec, FireEye, HP, Microsoft, Qualys, CA and ThreatConnect, and analyzing the data to expose and halt risky behavior.
It competes against the likes of Exabeam, Fortscale, Gurucul, LightCyber, Rapid7, Splunk and Varonis.