PacketSled Raises $5M for Automated Cybersecurity Monitoring System

PacketSled, a cybersecurity startup based in suburban San Diego, has raised $5 million in a Series A funding round led by Keshif Ventures, a local angel investment fund that has put money into dozens of tech startups in the San Diego area. Two other small funds, Blu Ventures and JHS Ventures joined in the round.

Founded in Del Mar, CA in 2012, PacketSled has developed cloud-based technology that continuously monitors its customers’ computer networks, and provides automated intrusion detection, response, and forensics capabilities. The company also has an office in Seattle.

PacketSled plans to use the capital to embark on new marketing initiatives and make additional hires in sales, engineering, and operations, according to a recent statement. The company raised $3 million in a 2013 seed round.

Company officials are attending the side-by-side Black Hat and Defcon cybersecurity conferences in Las Vegas this week, and did not respond to queries Monday from Xconomy.

“PacketSled presents an extremely compelling platform for executives to get visibility into governance and compliance issues while also providing incident responders with the ability to investigate, hunt, and validate anything in their environment,” Keshif Ventures founder and general partner Taner Halicioglu said in the statement.

The company said its technology automates the hardest parts of investigating a network security breach, and provides an easy-to-understand dashboard that visualizes problems for customers.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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