US-based cybersecurity technology developer Trinity Cyber emerged from stealth yesterday with a $23m series A round led by Intel Capital, the corporate venturing arm of semiconductor producer Intel.
Intel Capital was joined in the round by undisclosed institutional investors, according to the company.
Trinity Cyber is developing software called Proactive Threat Interference that can work in tandem with a customer’s existing cybersecurity measures, and which is intended to intercept malicious attacks and data breaches before they reach the user’s network.
Once detected, the platform deploys countermeasures to control the attack, disrupting authentication between malware and the company server so that the code breaks down, or substituting corrupt data for stolen files.
Tom Bossert, former homeland security advisor and US cybersecurity chief has been hired as the company’s chief operating officer.
Wendell Brooks, senior vice-president at Intel and president of Intel Capital, said: “As cyberattacks become more sophisticated, technology to counter them needs to stay one step ahead.
“As the threat landscape continues to grow, so does the opportunity to provide cutting edge technology to protect a company’s valuable data.”