Autonomous cybersecurity company Hmatix announces $500K in seed funding>
Help Net Security
Hmatix announced it has raised $500K in seed-stage funding. The company, founded in 2017 by industry experts, is led by CEO Dev Gandhi. Gandhi previously was co-founder of Nexage, which AOL- Millennial Media, now Verizon, acquired in 2015. Hmatix is launching the autonomous, hardware-based, endpoint cybersecurity solution for industrial IoT. It provides hospital and industrial IT departments a way to protect their network and IoT devices from cyber attacks and ransomware. Hmatix secures IoT endpoints with autonomous protection, detection, and response. Protection is provided by learning device behavior to create a baseline of network traffic. The system detects anomalies with low-false positives due to the proximity of the connected device. Response happens automatically by blocking traffic in real-time, disrupting potential attacks.
Link: https://www.helpnetsecurity.com/2018/10/05/autonomous-cybersecurity-company-hmatix-announces-500k-in-seed-funding/