Israeli Intsights, an intelligence-driven security provider for cyber threats, has raised $15 million in Series B funding. This latest investment comes soon after the company's Series A round of $7.5 million in August. The round was led by Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro and Vintage Investment Partners.
IntSights was founded by CEO Guy Nizan, Alon Arvatz and Gal Ben-David, who were experts in intelligence and cybersecurity units in the Israeli Defense Forces. IntSights' platform provides multi-source intelligence coverage, an analytics engine that organizes the vast amount of intelligence collected. The platform then translates the critical pieces of intelligence into a report with immediate actions that can be understood by a single analyst.
IntSights' platform is already being used by customers globally in the retail, telecom, manufacturing and financial sectors.
The company plans to invest the new funding primarily in marketing, sales and engineering, and to hire new staff in the US and Israel.
Read more: Globes