Eastwind Networks, a provider of a hybrid network breach detection system designed specifically to meet the needs of government agencies and enterprise IT security teams, today announced a $5.5M seed extension round led by Signal Peak Ventures. Cybersecurity Investments, LLC also participated in the latest round, bringing total seed funding for the Utah cybersecurity startup to $6.5M.

The additional capital will be utilized for product development and R&D, as well as expanding its sales and marketing departments to meet increased demand for its solution.

The funding comes on the heels of the company's announcements of both breach detection for universities and a managed service partner program. Eastwind Networks has been built from the ground up to provide innovative breach detection for the enterprise and government sectors, and has experienced strong organic growth in these vertical markets via a robust channel and MSP go-to-market distribution program.

'Eastwind Networks is leading a new approach to tackling the complexity of the modern cybersecurity paradigm,' said Ron Heinz, founding and managing director at Signal Peak Ventures. 'Enterprises and government agencies are looking for a new way forward in the 21st century security landscape -- Eastwind goes beyond inside perimeter protections to catch hackers before they commit a breach, and that is precisely where most other security products fail. We believe in their approach to differentiation from other cybersecurity competitors, and more importantly, we believe in the leadership team led by Paul Kraus and the team he has assembled.'

Powered by Eastwind Breach Detection and available via the Eastwind Cloud or in the customer's private cloud, the Eastwind solution uses rich data, behavioral analytics and threat intelligence to pinpoint anomalous behaviors even before they're classified as breaches. Eastwind was designed to catch hackers during the weeks and months that they spend in the network -- before they take action. Storing and mining more than a year's worth of rich network metadata, Eastwind surpasses the competition by examining not only current network conditions, but continually analyzing historical data against updated threat sources to find breaches that would have otherwise gone unnoticed.

'We're excited that Signal Peak Ventures continues to support our vision,' said Paul Kraus, CEO and president of Eastwind Networks. 'A proactive, scalable and reliable breach detection platform is a critical component in any comprehensive cybersecurity strategy. Online intruders don't sleep and by providing continuous monitoring in all network environments, Eastwind Networks catches suspicious activity before breaches happen.'

To learn more about the Eastwind Networks MSP program and to sign up, visit Eastwind Partner Programs. To learn more about how Eastwind Networks fits with academia, visit our website or call (385) 355-3455 for a private consultation.

About Eastwind Networks

Eastwind Networks is a cloud-based breach detection solution that aims to protect government agencies and enterprise organizations from cyber threats that bypass traditional security measures. Eastwind Breach Detection monitors the entire network, not just the sources, looking at the raw data and providing more context with which to make decisions and flag threats. Founded in 2014 and led by a team of Internet security veterans, Eastwind Breach Detection was recently named a Founders 50 member by Dell. For more information, please visit https://www.eastwindnetworks.com/.

About Signal Peak Ventures

Signal Peak is a venture capital and growth equity firm with over $600 million of capital under management. Based in Salt Lake City, Utah, the firm invests in Information Technology companies helping passionate entrepreneurs build enduring value.