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Cyemptive Technologies Raises $3.5 Million and Introduces Veteran Leadership Team of Cybersecurity and Technology Pioneers; Wins Department of Homeland Security National Competition

March 12, 2019

SNOHOMISH, Wash.--(BUSINESS WIRE)--Mar 12, 2019--Cyemptive Technologies, Inc. ( www.cyemptive.com ), a provider of failsafe cybersecurity products and technology, today emerged from stealth mode with several key announcements, including the close of Series A financing and introduction of its leadership team comprised of technology and cybersecurity pioneers, including former C-level executives from Microsoft, the National Security Agency and Hitachi. Also announced was its win in the Department of Homeland Security’s Border Security Technology Consortium (BSTC) competition for having the most innovative border security-related solution in the market.

FUNDING

Cyemptive closed a Series A financing round of $3.5 million from private investors. The company plans to deploy the funding to accelerate the introduction of its cybersecurity product suite for businesses and government entities. Based on proprietary, patented technology, Cyemptive’s offerings range from endpoint protection that eliminates the risk of a ransomware attack to advanced perimeter firewalls that include automatic troubleshooting, self-healing recovery and more.

“Emerging threats tied to cybersecurity stand to affect businesses and government operations dramatically in the near future,” said Rob Pike, Cyemptive’s founder and CEO. “We’re approaching the problem from a completely different perspective than others in the market, with a focus on ensuring networks and files remain in a known good state at all times. Instead of relying solely on looking for known threats or leveraging machine learning to try to find unwanted activity, we disallow actions that would corrupt a system or encrypt a file in the first place.”

LEADERSHIP

The company’s leadership team is comprised of widely respected senior technology and operations executives from industries tied to cybersecurity:

  • Rob Pike, former Chief Strategy Officer of Virtualization for Hitachi USA (Cyemptive CEO),
  • Jim DuBois, former Chief Information Officer for Microsoft (Cyemptive Chief Strategy Officer),
  • Gary Zelanko, former Chief Computer Architect for the National Security Agency (Cyemptive Chief Information Security Officer),
  • Bryan Greene, former Hewlett Packard Cybersecurity Solution Architect in the office of HP CTO and CEO of ATG Technologies (Cyemptive Chief Operating Officer),
  • Pat McDermott, highly experienced financial executive with start-up expertise (Cyemptive Controller).

RECOGNITION FROM DEPARTMENT OF HOMELAND SECURITY (DHS)

In a first event of its kind, the Department of Homeland Security’s Border Security Technology Consortium (BSTC) held a competition to get exposure to the latest innovations around security. More than 89 companies participated in a multi-day event where each shared their products and services with a panel of security experts. After months of deliberation, BSTC selected Cyemptive as the competition’s winning organization.

Cyemptive is currently continuing to rapidly expand on its existing private-sector customer base. The company is also in the initial stages of collaborating with teams across the DHS organization.

About Cyemptive Technologies

Founded in 2016, Cyemptive is a provider of failsafe cybersecurity products and technology. With a leadership team comprised of executives from several of the world’s most powerful technology and security organizations, the company’s focus is on delivering an alternative approach to protecting networks and end point devices. More information about Cyemptive Technologies is available at www.cyemptive.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190312005298/en/

CONTACT: Belinda Young

BYPR

206-932-3145

byoung@bypr.comRob Pike

Cyemptive Technologies

425-341-9800

info@cyemptive.com

KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT INTERNET NETWORKS SOFTWARE SECURITY PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES DEFENSE OTHER DEFENSE

SOURCE: Cyemptive Technologies, Inc.

Copyright Business Wire 2019.

PUB: 03/12/2019 09:00 AM/DISC: 03/12/2019 09:01 AM

http://www.businesswire.com/news/home/20190312005298/en