#United States #Cybersecurity #Virginia #Tidal Cyber #Bright Pixel Capital

Tidal Cyber Secures $10 Million in Series A Funding

In a significant development in the cybersecurity landscape, Tidal Cyber, based in Virginia, has successfully raised $10 million in Series A funding. This latest investment, spearheaded by Bright Pixel Capital with participation from previous investors, is designed to propel product innovation and foster rapid growth within the company. As organizations continue to grapple with evolving cyber threats, Tidal Cyber's mission focuses on enhancing the effectiveness of security measures against real-world adversary behavior.

Who is Tidal Cyber?

Founded in 2022 by a trio of experts with extensive experience in cybersecurity, Tidal Cyber aims to provide organizations with proactive tools to address modern threats. The co-founders—Rick Gordon, Richard Struse, and Frank Duff—each bring over 25 years of experience, previously working in MITRE where they led numerous initiatives to improve defensive cybersecurity measures. Their combined expertise in threat-informed defense and adversary emulation positions Tidal Cyber to revolutionize how organizations approach cybersecurity.

• - Rick Gordon serves as the company's CEO and has a notable background in scaling cybersecurity programs and fostering startups. His experience includes managing the Center for Threat-Informed Defense and leading various technology initiatives.
• - Richard Struse, the Chief Technology Officer, is recognized globally for his contributions to cyber intelligence sharing standards and has also held critical roles in the Department of Homeland Security (DHS).
• - Frank Duff, acting as Chief Innovation Officer, is known for founding the ATTCK Evaluations program at MITRE and emphasizes the necessity for a threat-led defense in cybersecurity.

The Importance of Threat-Led Defense

In today's digital ecosystem, many organizations find themselves relying on outdated methods such as compliance checking based solely on CVE counts. Tidal Cyber addresses this challenge by shifting the security paradigm to center around real adversary behaviors and tactics. As Rick Gordon noted, the emphasis is on moving beyond simple assumptions to a more proactive, continuous defense strategy.

This approach not only enhances security efficacy but also provides organizations with clear insights into their vulnerabilities. By utilizing frameworks like MITRE ATTCK, Tidal Cyber empowers teams to operationalize intelligence in a way that is directly applicable to their specific threat landscape.

Investor Insights

Bright Pixel Capital, the investment arm of the multinational Sonae, led this funding round, highlighting its commitment to cybersecurity and advanced technology sectors. With a portfolio of over 60 companies, Bright Pixel brings valuable expertise to the table, aimed at helping startups like Tidal Cyber scale effectively in their respective fields. Marcos Castro Osoro, a board member at Bright Pixel, emphasized the clarity and precision that Tidal Cyber's approach brings to its clients' security strategies.

Existing investors such as USAA, Capital One, and others have shown faith in Tidal Cyber’s vision, further reinforcing the company’s credibility and potential for growth.

Looking to the Future

Tidal Cyber is committed to building an innovative cybersecurity platform that continuously evolves. The funding will assist in enhancing their product line and engaging more organizations in adopting a true threat-led defense strategy. By addressing the complexities of today's cybersecurity environment, Tidal Cyber is set to change how businesses worldwide view and manage their cybersecurity frameworks.

As organizations continue to invest heavily in cybersecurity, Tidal Cyber's tailored solutions aim to maximize the value of those investments, transforming cybersecurity from a compliance necessity into a proactive defense mechanism based on real threat data. Their long-term objective is to operationalize threat intelligence in a way that reshapes organizational security strategies for the better, ensuring that resources are effectively aligned with the threats that matter the most.

In summary, the successful $10 million Series A funding round for Tidal Cyber marks a pivotal moment not just for the company but for the future of cybersecurity innovation. With a focus on Threat-Led Defense, Tidal Cyber stands poised to make substantial impacts on how organizations secure their digital assets against ever-evolving threats.