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Empirical Raises $25 Million to Develop Cybersecurity Prediction Products

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Summary

Cybersecurity startup Empirical raised $25 million in Series A funding to develop products for predicting and identifying threats, bringing its total funding to $37 million.

Key points

  • The Series A round was led by Brightmind Partners, with additional investment from Costanoa Ventures, Hyde Park Angels, and others.
  • Empirical says its Foundation model monitors more than 18,000 exploited CVEs for threat prediction.
  • Its Radiant predictive engine is designed to identify threats relevant to an organization’s environment.
  • The company says its products provide risk analysis and actionable intelligence to help security teams prioritize remediation.

Article Details

Event Type
Series A funding announcement
Impact
Empirical raised $25 million, bringing its total funding to $37 million. The company says it will use the investment to accelerate development of Foundation and Radiant, products intended to help organizations predict and identify cybersecurity threats.

People

Ed BellisEmpirical co-founder and CEO.Jay JacobsEmpirical co-founder and Chief Data Scientist; co-created the Exploit Prediction Scoring System (EPSS).Michael RoytmanEmpirical co-founder and CTO.

Vendors

EmpiricalCybersecurity startup Empirical has raised $25 million in a Series A funding round that brings the total raised by the company to $37 million.

Products

FOUNDATIONEmpirical provides organizations with Foundation, a global cybersecurity model that monitors over 18,000 exploited CVEs for threat prediction, and Radiant, a predictive engine that can identify threats relevant to eachRadianta global cybersecurity model that monitors over 18,000 exploited CVEs for threat prediction, and Radiant, a predictive engine that can identify threats relevant to each organization’s environment.

Industries

Financial ServicesAccording to Empirical, its solutions provide security teams, particularly in technology, healthcare, and financial services, with transparent, data-driven insights that enable them to measure and manage cyber risks.HealthcareAccording to Empirical, its solutions provide security teams, particularly in technology, healthcare, and financial services, with transparent, data-driven insights that enable them to measure and manage cyber risks.TechnologyAccording to Empirical, its solutions provide security teams, particularly in technology, healthcare, and financial services, with transparent, data-driven insights that enable them to measure and manage cyber risks.