Field effect

Field Effect upsizes growth equity financing to US$34.5M

Retrieved on:

Friday, December 9, 2022

Growth, SMB, Software as a service, SME, Field effect, Research, MDR, Twisted nematic field effect, Investment, Thomas Edison, Fortune 1000, Silicon, Weapon, Risk management

OTTAWA, ON, Dec. 9, 2022 /PRNewswire/ - Field Effect, a global cybersecurity SaaS ("software as a service") company, today announced the conclusion of its funding round, raising a total of US$34.5 million from Edison Partners, a prominent U.S. growth equity investment firm, and Round13 Growth Fund, a highly respected, late-stage Canadian growth equity investment fund.

Key Points:

OTTAWA, ON, Dec. 9, 2022 /PRNewswire/ - Field Effect, a global cybersecurity SaaS ("software as a service") company, today announced the conclusion of its funding round, raising a total of US$34.5 million from Edison Partners, a prominent U.S. growth equity investment firm, and Round13 Growth Fund, a highly respected, late-stage Canadian growth equity investment fund.
Field Effect was founded to address the cybersecurity needs of the underserved small and medium enterprise (SME) market.
"Field Effect offers a holistic cybersecurity platform purpose-built for the underserviced SMB market.
Round13 Growth Fund is a Toronto-based, late-stage growth equity fund supporting a wide range of tech-enabled businesses in Canada.

Edison Partners Leads USD $30M Investment in Field Effect

Retrieved on:

Tuesday, October 4, 2022

Edison Partners , a leading growth equity investment firm, today announced a USD $20 million investment in Field Effect , an Ottawa-based global cyber security company specializing in intelligence-grade protection for small and medium organizations.

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Edison Partners , a leading growth equity investment firm, today announced a USD $20 million investment in Field Effect , an Ottawa-based global cyber security company specializing in intelligence-grade protection for small and medium organizations.
Edison Partners leads the $30 million round, joined by other strategic investors, who have contributed a combined $10 million.
Field Effect was founded with the purpose of addressing the cyber security needs of the vastly underserved small and medium enterprise (SME) market.
Field Effect is excited to work with Edison Partners to help scale our sales and marketing efforts and expand into new markets.

Field Effect and RosettiStarr partner to deliver full-spectrum cyber security services to businesses and law firms worldwide

Retrieved on:

Thursday, July 7, 2022

Risk management, Crime, Intelligence, Solution, Partnership, MDR, Research, General counsel, Organization, Chemical field-effect transistor, Field effect, Weapon, Private investigator, Covalent bond

This partnership delivers best-in-class cyber security services, providing RosettiStarr customers with advanced protection against cyber threats across the globe.

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This partnership delivers best-in-class cyber security services, providing RosettiStarr customers with advanced protection against cyber threats across the globe.
RosettiStarr will leverage a security solution called Covalence, Field Effect's managed detection and response solution (MDR).
"We built Covalence to ensure organizations of all sizes have access to powerful cyber security protection," said Shri Kalyanasundaram, Chief Growth Officer at Field Effect.
RosettiStarr provides cutting-edge intelligence, investigations, corporate risk and cyber security services to management teams, attorneys, and investors worldwide.

Aite-Novarica Group Report Explores New Managed Security Solution for MSPs Seeking Growth

Retrieved on:

Friday, June 3, 2022

The firm found MSPs see tremendous growth in managed security services with a hybrid MDR solution.

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The firm found MSPs see tremendous growth in managed security services with a hybrid MDR solution.
OTTAWA, ON, June 3, 2022 /PRNewswire/ - Global advisory firm Aite-Novarica Group has published a white paper exploring how MSPs are differentiating their managed security services with the right cyber security solutions and partners.
The report, Hands-Free Cybersecurity for SMEs: A Roadmap to MSP Growth, found that hybrid MDRa solution that protects the entire IT environmentis the best go-to-market strategy for small and mid-sized MSPs building a managed security service.
However, between changing client expectations and an expanding threat landscape, MSPs are stretched thin," said Tari Schreider, Strategic Advisor for Aite-Novarica Group.

Field Effect and NorthStar Utilities Solutions partner to protect municipal utilities across North America and the Caribbean

Retrieved on:

Thursday, September 2, 2021

"With the recent Jersey City Municipal Utilities Authority and The City of Oldsmar attacks, we know utilities are at an increased risk for cyber attacks now more than ever," says Sean Sykes, Vice President Sales and Marketing, NorthStar Utilities Solutions.

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"With the recent Jersey City Municipal Utilities Authority and The City of Oldsmar attacks, we know utilities are at an increased risk for cyber attacks now more than ever," says Sean Sykes, Vice President Sales and Marketing, NorthStar Utilities Solutions.
For over 45 years NorthStar Utilities Solutions has focused on providing utilities with cost-effective solutions for real-world challenges.
Founded in 1976, we are proud to partner with over 200 utilities throughout North America & the Caribbean.
NorthStar Utilities Solutions customer service is at the heart of everything we do.For more information, visit https://www.northstarutilities.com .

Field Effect Finds Kernel Elevation of Privilege Vulnerabilities in  Almost Every Version of Microsoft Windows Currently Used

Retrieved on:

Thursday, August 12, 2021

Microsoft, CEO, News, Intelligence, CVSS, MDR, Research, Gaps, Software, Vista, CTO, Field-effect transistor, Solution, ALPC, Field effect, Animal, Weapon, Medical device, Risk management

"Once attackers haveaccess to the kernel,theycan bypass traditional security controls and move deeply into operating systems, applications, and more.

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"Once attackers haveaccess to the kernel,theycan bypass traditional security controls and move deeply into operating systems, applications, and more.
It is a race condition vulnerability and resides in the Advanced Local Procedure Call (ALPC) facility of the Windows kernel (ntoskrnl.exe).
Field Effect has confirmed that the vulnerability has been present since then, making almost every computer running Windows in the world vulnerable.
As a result, Field Effect customers using the company's Covalence threat monitoring, detection, blocking, and response (MDR) solution, are protected from these vulnerabilities.

Field Effect Finds Kernel Elevation of Privilege Vulnerabilities in  Almost Every Version of Microsoft Windows Currently Used

Retrieved on:

Thursday, August 12, 2021

Microsoft Windows, Microsoft, CEO, News, Intelligence, CVSS, MDR, Patch, Research, Covalent bond, Software, Windows Server, Vista, CTO, Windows 7, Solution, Field effect, Weapon, Risk management

OTTAWA, ON, Aug. 12, 2021 /PRNewswire/ --  Field Effect, a global cyber security company specializing in intelligence-grade protection for small and mid-sized businesses, recommends Microsoft Windows users take fast action to make updates following the discovery of a tranche of critical zero-day security vulnerabilities by the company's security research team. The vulnerabilities — in Windows Vista/Server 2008 and above — could be exploited to gain kernel-level privilege to facilitate ransomware or other serious cyber attacks. The first of these vulnerabilities was recently patched by Microsoft.

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"The potential impact from these nativekernel privilege escalation vulnerabilities, if exploited, wouldbe similar toupgrading an attacker's weaponry from a tank to a nuclear weapon,"said Matt Holland, Founder, CEO, and CTO of Field Effect.
"Once attackers haveaccess to the kernel,theycan bypass traditional security controls and move deeply into operating systems, applications, and more.
Field Effect has confirmed that the vulnerability has been present since then,making almost every computer running Windows in the world vulnerable.
As a result, Field Effect customers using the company's Covalence threat monitoring, detection, blocking, and response (MDR) solution , are protected from these vulnerabilities.

Field Effect Finds Kernel Elevation of Privilege Vulnerabilities in  Almost Every Version of Microsoft Windows Currently Used

Retrieved on:

Thursday, August 12, 2021

"The potential impact from these nativekernel privilege escalation vulnerabilities, if exploited, wouldbe similar toupgrading an attacker's weaponry from a tank to a nuclear weapon,"said Matt Holland, Founder, CEO, and CTO of Field Effect.

Key Points:

"The potential impact from these nativekernel privilege escalation vulnerabilities, if exploited, wouldbe similar toupgrading an attacker's weaponry from a tank to a nuclear weapon,"said Matt Holland, Founder, CEO, and CTO of Field Effect.
"Once attackers haveaccess to the kernel,theycan bypass traditional security controls and move deeply into operating systems, applications, and more.
Field Effect has confirmed that the vulnerability has been present since then,making almost every computer running Windows in the world vulnerable.
As a result, Field Effect customers using the company's Covalence threat monitoring, detection, blocking, and response (MDR) solution , are protected from these vulnerabilities.