Portland, Ore.-based startup DeepSurface Security raised $1 million to help companies analyze vulnerabilities on their enterprise networks.

Led by security industry veterans, the 3-year-old startup sells software that assesses potential risk and lays out a “hacker roadmap.” The idea is to help prioritize the most risky vulnerabilities and automate a traditionally manual process at a time when companies are using more cloud-based systems.

The company is led by CEO James Dirksen, who previously sold RuleSpace to Symantec and was an executive at Formaltech, and CTO Tim Morgan, a longtime security consultant.

“As a lot more employees began to work from home, businesses saw their cybersecurity surface area expand rapidly and needed to quickly understand how their threat model was changing day by day,” he said. “Automating vulnerability management analysis was a natural next step to arm cybersecurity teams with the tools they need to quickly and efficiently prove where they should spend their time to reduce the most risk.”

The 10-person startup worked with about a dozen companies across industries including healthcare, software, and financial services over the past year as part of a beta program. It will sell to the general public later this year.

Cascade Seed Fund led the seed round, which included participation from SeaChange Fund and Voyager Capital.

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Source: https://www.geekwire.com/2020/portland-startup-deepsurface-security-raises-1m-help-companies-assess-vulnerabilities/

News – Portland startup DeepSurface Security raises $1M to help companies assess vulnerabilities