SnapAttack raises $8M in Series A funding
Threat-hunting startup SnapAttack, an offshoot of Booz Allen Hamilton, raised $8 million in its Series A round led by Volition Capital. The round also saw participation from Strategic Cyber Ventures (SCV) and Booz Allen Hamilton.
“SnapAttack is poised to empower a new level of collaboration among the next generation of ethical hackers, threat hunters and security researchers providing advanced insights to stop attackers in their tracks,” said SnapAttack CTO and founding member Fred Frey, “While many of our competitors focus on a single stage of the workflow and most often from a specific offensive or a defensive lens; SnapAttack provides a space to merge both.”
The company offers a cloud-based software solution that brings together “actionable threat intelligence and hacker detection.”
“It was important to ensure the spinout and employees joining the team were set up for success, so the funding and spinout process were aligned to ensure that both the corporate entity was properly established, and funding was secured to ensure adequate runway for operations,” added the company, referring to Booz Allen Hamilton’s involvement in the funding round.
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