London-based cybersecurity startup launches Noetic Cyber ...

Based in London, Noetic Cyber is a new entrant to cyber asset and controls management markets. The company uses a cloud-based platform to ... EventsGuidesVideoNewsletterAboutUKTN StaffReporter News /Wed28Jul2021 SharethispostShareonFacebookShareonTwitterShareonLinkedIn BasedinLondon,NoeticCyberisanewentranttocyberassetandcontrolsmanagementmarkets. Thecompanyusesacloud-basedplatformtoprovideteamswithunifiedvisibilityofallassetstomakefaster,moreaccuratedecisionstodetectcoveragegapsandreducecyberrisk. Raised$20M Recently,thecybersecuritystartuphasraised$20million(approx£14.4million)fundinginaSeriesAroundledbyEnergyImpactPartners,withparticipationfromexistingseedinvestorsTenElevenVenturesandGlasswingVentures. Inaddition,Noeticisaddingdepthtoitsboardofdirectors,withtheappointmentofAlanKesslerasanindependentboardmember.AlanwaspreviouslytheCEOofThalese-SecurityandservesontheboardsofBlackSky,Thales,andSotero. NoeticCyber:Whatyouneedtoknow  FoundedbyPaulAyers,AllenRogers,andAllenHadden,NoeticCyberhelpssecurityteamsbetterunderstandcyberrisksbybuildingamapoftherelationshipbetweentheirassetsandentities,alongwithcontextandinsightstomakefaster,moreaccuratedecisions. “GoodcyberassetmanagementisfoundationaltoaddressingtheinherentfrictionbetweentheITandsecurityteams,asitprovidesbothpartieswithanaccurateviewofassetstodefend,potentialsecuritygapsandprioritiestoaddress,”saidChrisSteffen,researchdirector,informationsecurity,EnterpriseManagementAssociates.“NoeticisabletohelptobridgethegapbetweentheCISOandtheITorganisation,withaninnovativeapproachtocyberassetmanagementthatprovidesimmediatevalue.” Theplatformhasarichautomationworkflowengineasacorepartofthesolution,enablingsecurityteamstoanticipateandreacttochangingITandsecurityrequirements. Notably,thethreefoundershaveover85yearsofcollectivecybersecurityexperienceatninedifferentstartups,mostrecently,allthreewereintegraltothedevelopmentofResilientSystems(acquiredbyIBM). “ThroughmydiscussionswithCISOsandsecurityleaders,I’verepeatedlyheardthattheyneedbettervisibilityintotheirconstantlychangingdigitalinfrastructure,butequallytheydon’twantjustanotherdashboardofissuestoaddress,”saidPaulAyers,CEO,andco-founder,NoeticCyber.“Securityneedscertaintyinordertoautomateprocesses,andwithNoetic,we’reprovidingthehigh-fidelitysourceoftruththatallowssecurityteamstouseautomationtoidentify,prioritizeandfixproblems.” Advisorsandinvestors Thecompanyboastsanexperiencedteamofadvisorsandindividualinvestors,includingwell-respectedcyberinvestor,NiloofarRaziHowe,PwCcybersecuritypartner,RichardHorne,CloudSecurityAllianceCEO,andco-founder,JimReavis,andNicholasWarner,COOofSentinelOne.