Integration of RedOwl UEBA with Forcepoint technology delivers holistic view of cyber behaviors to identify and address enterprise risk in real-time
TCP Venture Capital is pleased to announce the acquisition of RedOwl Analytics, a portfolio company in both TCP’s Propel Baltimore Fund and Veteran’s Opportunity Fund. Global cybersecurity leader Forcepoint’s announced acquisition of RedOwl is the latest milestone in Forcepoint’s strategy to arm customers with cybersecurity systems designed for the reality of today’s threats.
“RedOwl has been a great story for Baltimore City” according to TCP Venture Capital’s Managing Partner Chris College. “From employee growth to outside capital investments, RedOwl has brought significant dollars and jobs to Baltimore City over the past 4 years.”
Forcepoint’s human point strategy views people – rather than technology infrastructure – as the focal point for cybersecurity. Cloud, mobility and ever-changing infrastructure makes the traditional perimeter a fallacy; by focusing on how, when, where and why people interact with critical data and IP, organizations can more effectively identify and address risk.
RedOwl brings a sophisticated analytics platform to Forcepoint’s human-centric cybersecurity system and will be integrated across the company’s portfolio, as well as with customers’ existing technologies (e.g., SIEM). This platform delivers real-time insight into anomalous interactions and access across people, data, devices and applications.
TCP Venture Capital is a Baltimore, Maryland-based early-stage technology focused venture capital firm. We partner with entrepreneurs to build great businesses. The Propel Baltimore Funds makes investments in early-stage technology companies willing to locate in Baltimore City. The Fund addresses the critical need for more early-stage capital in Baltimore City, encourages more entrepreneurial activity in the City, creates more high-paying jobs, and helps to realize Baltimore City’s full potential as a destination for growing businesses.