Damballa (company)

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For the Vodou spirit, see Damballa.
Damballa
Type Corporation
Industry Computer security
Founded 2006
Founder(s) Merrick Furst, Wenke Lee, David Dagon, Richard Lipton
Headquarters Atlanta, GA, United States of America
Key people David Scholtz; Jennifer Byrne; Tom Savini; Stephen Newman; David Holmes;
Products Advanced Threat Protection
Website https://www.damballa.com

Damballa is a computer security company focused on advanced cyber threats such as modern malware, advanced persistent threats (APT) and targeted attacks.[1][2] Damballa was founded in Atlanta, Georgia by Merrick Furst, an associate dean in the Georgia Institute of Technology (Georgia Tech) College of Computing;[3] he was joined by two Georgia Tech colleagues, Wenke Lee, and David Dagon.[4] It is named after Damballa, a Vodou snake god[5] that protects against zombies, with the implication that Damballa protects against “zombie” computers operating as part of botnets. According to its site, Damballa now seeks primarily ISP and corporate clients.[6] They also have had at least one federal agency as a customer.[5] Damballa says they have government customers because of infrastructure security concerns.[4]

Funding

Two venture capital firms, Sigma Partners and Noro-Moseley Partners, and angel investors Imlay Investments, provided it with a combined US$2.5 million in Series A[3] (initial) funding.
In August 2007, Damballa secured $US 6 million in Series B funding .[7]
In September 2012, Damballa secured $US 15 million in funding [8]

Offerings

Damballa’s current product offerings are:

The Failsafe appliance, for enterprises, which its marketing materials describe as real-time identification and remediation for zero-day targeted attack activity that takes place inside enterprise networks. Damballa claims that Failsafe gains a performance advantage because it does not rely on signatures to identify malware. Instead, it applies a range of analysis technologies to automatically identify communications between command-and-control servers and compromised systems, which simplifies and speeds the identification, isolation and remediation of advanced malware infections.[citation needed] [9]

Damballa CSP, which is designed for service providers, who must focus their efforts on passive monitoring of data streams and protocols, while considering privacy concerns. [10]

See also

References

  1. ↑ Markoff, John (2007-01-07). "Attack of the Zombie Computers Is Growing Threat". The New York Times. Retrieved 2007-01-07. 
  2. ↑ "Enterprise Botnet and Malware Detection". Damballa, Inc. Retrieved 2007-01-07. 
  3. ↑ 3.0 3.1 "Startup Aims to Detect and Thwart Botnets". Nerd Twilight. 2006-08-17. Retrieved 2007-01-07. 
  4. ↑ 4.0 4.1 Wilson, Tim (2006-08-15). "Startup to Challenge Botnets". Dark Reading. Retrieved 2007-01-07. 
  5. ↑ 5.0 5.1 Rubner, Justin (April 7, 2006). "Tech spinoff gets $2.5M to go after 'zombies'". Atlanta Business Chronicle. Retrieved 2007-01-07. 
  6. ↑ "Customers". Damballa, Inc. Archived from the original on 2007-01-29. Retrieved 2007-01-07. 
  7. ↑ "Internet Security Firm Lands $6M in New Financing". WRAL.com. 2007-08-29. Retrieved 2007-09-01. 
  8. ↑ "The Daily Start-Up: Damballa Locks Down $15M Series E to Fight Cyberattacks". The Wall Street Journal. 2012-09-17. Retrieved 2013-09-05. 
  9. ↑ https://www.damballa.com/solutions/damballa_failsafe.php
  10. ↑ https://www.damballa.com/solutions/damballa_csp.php
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