You are here

EDB unit backs cybersecurity company CounterTack

It joins other investors to put in US$15m of Series C funding; plans to help firm expand in Asia

cybersecurity050615.jpg
In a boost to Singapore's efforts to become a cybersecurity hub, EDBI, the Singapore Economic Development Board's investment arm, has teamed up with a number of investors to put in US$15 million of Series C funding for US cybersecurity company CounterTack, which has developed a unique technology to use big data to detect threat patterns and anticipate online attacks.

Singapore

IN a boost to Singapore's efforts to become a cybersecurity hub, EDBI, the Singapore Economic Development Board's investment arm, has teamed up with a number of investors to put in US$15 million of Series C funding for US cybersecurity company CounterTack, which has developed a

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom