BELLEVUE, Wash., February 20, 2020 – Polyverse Corporation received $8m in new funding to accelerate the adoption of its groundbreaking cybersecurity technology among government agencies and solution providers. The new funding was led by existing investors and Japanese security giant Soliton Systems KK.
“We are pleased to extend our partnership with Polyverse through our investment. Polyverse’s security breakthroughs are enabling us to create radically improved products for our customers,” said Nobuo Kamata, President of Soliton.
Founded in 2015 by bringing together top engineering talent from Microsoft, Amazon, Google and the academic world, Polyverse develops leading-edge cybersecurity technology – including “Polymorphing for Linux,” that protects servers against memory-based exploits by stopping zero-day, code-execution, overflow and memory-based attacks. Polyverse technology is widely deployed by government and security-conscious organizations, and is also embedded in IoT devices and connected hardware such as healthcare devices. CNBC recently named Polyverse one of the world’s top 100 start-ups.
Polymorphing hardens open source Linux distributions by scrambling the source code without affecting its operation, functionality or performance. This makes each version of the OS unique and prevents attackers from applying their knowledge of OS weaknesses to a company’s systems, rendering their attacks useless.
Polyverse Polymorphed Linux is currently running on millions of servers. Polyverse technology has been validated by the U.S. Department of Defense to mitigate against zero-day memory exploits like WannaCry and Spectre, and the attacks on companies such as Equifax.
“Our mission is to solve the cybersecurity problem once and for all. The only way that will happen is if we take a different approach,” said Alex Gounares, CEO, Polyverse. “By building diversity and uniqueness across multiple system dimensions, Polymorphing increases the complexity and cost for attackers and stops attacks before they start.”
The new funding will be used to accelerate investment in expanding polymorphic technologies and adding new geographies and new capabilities such as polymorphic script engines and polymorphic build farms, for DevSecOps.
The company also added key new members to its team, including:
Polyverse has expanded its employee base by 50% over the past year. The new funding will enable Polyverse to continue expansion in North America and Japan, and enter strategic new markets in 2020, including the UK, and Singapore.
Polyverse develops leading-edge cybersecurity technology to build diversity across multiple system dimensions, stopping attacks before they start. Its technology is used by government and security-conscious organizations to mitigate against zero-day memory exploits. It is also embedded into devices, hardware and security solutions to provide the ultimate protection against hackers. Founded in 2015, Polyverse is led by founder and CEO Alex Gounares and brings together top talent from Microsoft, Amazon, Google, among others. CNBC recently named Polyverse as one of the world's top 100 startups.