Infocyte, Inc., a San Antonio-based cyber security startup, secured $500k in additional seed funding.
The round was led by Austin-based LiveOak Venture Partners.
The company intends to use the funds to expand its development team ahead of their planned 1st Quarter 2015 product launch.
Led by Chris Gerritz, CEO and co-founder, Infocyte provides Pulse, an on-premises appliance that scans all workstations and servers in a network to find indications of compromise, unauthorized activity, and malicious code. The product allows organizations to audit their networks to find out if any attackers have evaded in-place security measures and discover breaches before they end up in the news or cause untold damage.
The company has been performing assessments on financial institutions with an earlier version of the platform since August. Upon product launch, Infocyte will be licensing the platform to enterprise customers and security service providers.
FinSMEs
13/11/2014