We are very fortunate to add Lastline to the Redpoint portfolio. By leveraging an advanced cloud based system emulation technology, Lastline has developed the best malware detection and remediation technology in the world. Since 2006, the founders of Lastline have worked on a research project called Anubis at the University of Santa Barbara, where they have been analyzing unknown binaries and helping companies to understand zero day exploits and APTs.
Today’s network firewalls and anti-virus gateways are no longer able to deal with the complexities of targeted malware threats, because they do not look directly at executing binaries. Lastline solves this problem with a cloud based solution that easily scales from small SMB to global enterprise and MSSP deployments.
It is always exciting to work with a team of brilliant researchers and scientists who are at the forefront of critical industry defining challenges, and the Lastline founders are clearly the thought leaders in this industry. The elegance of their product solution, and the early adoption of their product by leading global customers bodes well for the future of the company.
We couldn’t be more excited to add Lastline to the Redpoint portfolio and we expect the company will be just as successful as our other leading security companies, Fortinet (FTNT) and Qihoo360 (QIHU).