Maryland cybersecurity company Syncurity closes $2M seed round - Baltimore


Jan. 15, 2019 1:13 pm

Maryland cybersecurity company Syncurity closes $2M seed round

The Bethesda-based company makes a platform focusing on Security Orchestration, Automation and Response.

Love a good cybersecurity stock photo.

(Photo by Flicker user Yuri Samoilov)

A Maryland cyber startup that makes a platform designed to bolster security operations centers said it closed on $2 million in seed funding.

Bethesda-based Syncurity works in the area known in cybersecurity as SOAR, or Security Orchestration, Automation and Response. The company’s platform, called IR-flow, looks to provide standard workflows for security operations teams, and offers a single place to carry out tasks such as managing alerts, responding to incidents and generating reports.

The investment funding will help the company, which was founded in 2014 by Chief Security Officer JP Bourget, further develop the platform and expand technical and sales-oriented partnerships.

The round was initially led by TEDCO, and was later joined by Kluz Ventures and SixThirty Cyber before closing. The company also said former Zscaler CISO Michael Sutton will join its board of advisors.

“Syncurity’s patent-pending product architecture, analyst-driven interface and extensible system integrations were a natural choice for us to extend our cybersecurity portfolio into the fast-growing SOAR market,” Artur Kluz, Managing Partner of Kluz Ventures, said in a statement.

The company’s website currently shows a pair of job openings in sales.

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