Cloud Computing: AWS Quietly Acquired Cybersecurity Firm Harvest.ai

January 11, 2017 Off By David
Object Storage

Grazed from MSPMentor. Author: Chris Burt.

Amazon Web Services (AWS) acquired San Diego-based cybersecurity firm harvest.ai for a reported $19 million sometime in early 2016, investor Fred Wang has confirmed. Wang, a general partner with harvest.ai investor Trinity Ventures, declined to confirm the terms of the deal, but told GeekWire “it was a good win for the investors and for the management team.”

“The company works in an area called data-leakage prevention,” Wang said. “At one time a lot of companies got into it, but most of them didn’t get much traction. Harvest.ai automated looking at file-access patterns to detect which are normal and which are not.” It does this by using neural nets, natural-language processing, and other AI algorithms, and tracking data storage and access, and components, applications, and users on the network…

Its flagship product is called MACIE Analytics, and while AWS does not list it among its products, Wang told GeekWire that it is already selling harvest.ai’s technology…

Read more from the source @ http://mspmentor.net/cloud-computing/report-aws-quietly-acquired-cybersecurity-firm-harvestai