Security

HYAS, a supplier of threat intelligence focused on adversary networks based in Victoria, Canada, reported this week that it has closed a $16 million Series B funding round led by S3 Ventures.

HYAS claims to have developed a vast data lake of attacker infrastructure, which includes domain-based intelligence that can be linked to other security resources through an API, as well as its own cloud-based DNS security solution.

Enterprise security teams may use HYAS to proactively block both known and unknown phishing and ransomware attacks at the network layer by hunting, detecting, and distinguishing adversary infrastructure.

In revealing and blocking their networks and lines of communication, HYAS turns the table on attackers,” explains Dave Ratner, CEO of HYAS.”

The additional funds will be used to boost product growth and help market expansion for the company’s offerings, according to the company.

Uncorrelated Ventures, Tightline Holdings, Cyber Mentor Fund, Dcode Capital, and previous investors M12, Startup Capital Ventures, and 205 Capital also participated in the round.

Charlie Plauche, a partner at S3 Projects, will join the board of directors of HYAS as part of the financing.

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Jennifer Thomas is the Co-founder and Chief Business Development Officer at Cybers Guards. Prior to that, She was responsible for leading its Cyber Security Practice and Cyber Security Operations Center, which provided managed security services.