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MistNet launches new threat detection and response platform using mist computing and edge AI

May 21, 2019 / Help Net Security

MistNet announces the industry’s first multi-entity threat detection and response platform providing 360-degree visibility into threats and vulnerabilities from desktop to data center to public cloud and IoT environments—through an industry-first application of mist computing and edge AI technologies. The company also announces the closing of a $7 million Series A funding round led by Foundation Capital with participation from Westwave Capital and a market-leading networking and security company, to be used to support the company’s rapid growth in the US and global markets. Cybersecurity for enterprises today is daunting. A typical enterprise deals with on average 17,000 alerts per week, of which 96% go uninvestigated due largely to staffing limitations. Moreover, 14% of breaches do not elicit any alert, meaning intruders are discovered long after the initial breach.