Trinity Cyber, a Bowie, Maryland-based cybersecurity services and solutions startup, has announced the completion of a $23 million funding round led by Intel Capital and other top institutional investors. The company claims that it is taking an entirely new approach to cybersecurity and, with the help of its new technology known as Proactive Threat Interference, is able to “proactively intercept and control cyberattacks” before they even reach the target’s network, thus “reducing risk and increasing cost to adversaries.”
Steve Ryan, CEO of Trinity Cyber, said, “This investment by Intel Capital and other strategic backers is significant. I co-founded Trinity Cyber to transform the way the world addresses the cyber problem. No one is doing what Trinity Cyber is doing. No one else can. We make the adversary fail, and we feel this strategic support validates the elegance of our solution.”
“As cyberattacks become more sophisticated, technology to counter them needs to stay one step ahead,” said Wendell Brooks, Senior Vice President of Intel Corporation and President of Intel Capital. “As the threat landscape continues to grow, so does the opportunity to provide cutting edge technology to protect a company’s valuable data. We are excited about being part of Trinity Cyber’s innovative commitment to helping companies stay secure.”
Trinity Cyber was established in 2016 by security veterans Steve Ryan and Marie O’Neill, and offers technology-enabled operations that actively prevent cyber-attacks. The company points out that it is not looking to compete with traditional, reactive detection and remediation capabilities, but says that its offering is a supplement to the currently available solutions. Trinity Cyber operates outside of network perimeters to capture cybersecurity attacks, and this approach provides unrivaled speed, efficiency and security.
In addition to the funding, Trinity Cyber has also announced that former Homeland Security advisor and U.S. cybersecurity chief, Tom Bossert, has joined its management team as the Chief Strategy Officer.
“The trend in global cyber-attacks has been going in the wrong direction for some time, and American businesses are paying the price. It’s time we meet this problem with a truly preventive solution,” said Bossert. “Trinity Cyber provides a high calibre solution to U.S. businesses that is capable of defeating nation-state level attacks and long overdue.”