Last­line, a ser­vice that offers a range of solu­tions for pro­tecting busi­nesses from mal­ware, just announced that it has raised a $10 mil­lion funding round led by Red­point Ven­tures and The ser­vice, which pro­vides orga­ni­za­tions with a way to pro­tect them­selves from “per­sis­tent threats (APTs),targeted attacks and zero-​​day threats in real time,” was founded in 2012 by a team of com­puter sci­ence pro­fes­sors from the Uni­ver­sity of Cal­i­fornia, Santa Bar­bara and North­eastern University. Redpoint Ven­tures partner John Welecka will join the Last­line board.

The com­pany sees itself as a direct com­petitor to FireEye, a secu­rity com­pany that recently raised a $50 mil­lion round and which seems to be on its way to an IPO.


Read the article at TechCrunch →