Unified Security Analytics Company Stellar Cyber Raises $13.2 Million in Series A Funding

Stellar Cyber Rebrands from Aella Data, Brings on AI and Information
Security Experts to Board and Executive Team

SANTA CLARA, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/cybersecurity?src=hash” target=”_blank”gt;#cybersecuritylt;/agt;–Validating its pioneering position in the rapidly-evolving cybersecurity
industry, security analytics provider Stellar
Cyber
today announced that it has closed $13.2 million in Series
A funding. Today’s investment follows a period of rapid customer growth
for the company as well as the crossing of major milestones including a
corporate name change from Aella Data and an expansion of its board and
executive team. In an era where enterprises are grappling with a higher
volume of cyberattacks, Stellar Cyber’s unified security analytics
platform Starlight™ – a tool for security operations centers
(SOC) and security professionals – is fast emerging as the timely and
preferred solution.

This latest funding round is led by Valley Capital Partners, an
early stage venture capital firm focused on security, enterprise
infrastructure and AI, joined by existing investor Northern Light
Venture Capital,
as well as new strategic investor Digital Hearts
and other investors. Stellar Cyber will use the funds to accelerate its
go-to-market expansion and growth across all departments including
sales, marketing, engineering, and product management.

Stellar Cyber Rebrands from Aella Data
Additionally, Stellar
Cyber rebrands from Aella Data. The company, which formally launched at
the RSA® Conference last year as Aella Data, has established itself as a
pioneer in data-driven unified security analytics platforms. It
introduced the market’s first data- and AI-driven platform security
solution Starlight, that provides pervasive data collection, breach
detection, investigation and response (CDIR).

The name change is significant for the company as its mission is to
bring to light the darkness of network and computing environments by
providing organizations better security visibility in an age of
heightened cybersecurity threats and infrastructure complexities.

The company has deep roots in the security industry, with several
founding and early team members and investors hailing from Netscreen
Technologies
, acquired by Juniper Networks for $4 billion. Team
members have also worked at and helped pioneer Fortinet, Barracuda,
Comodo, Aerohive and more.

New Board Member and Executive
Helping Stellar Cyber in its
next stage of growth are the additions of Steve O’Hara, founder and
managing partner of Valley Capital Partners, as board member, and David
Barton as Chief Security Officer.

  • Steve O’Hara, a Silicon Valley veteran and entrepreneur,
    founded Valley Capital Partners in 2013. Steve was the original seed
    investor in Netscreen Technologies. He has also been the principal
    founder of three venture-backed companies – Nebula, OnFiber
    Communications, and CoreLogic – and a board member and investor in
    several others.
  • David Barton is a security industry veteran with more than 20
    years’ experience across a variety of sectors including
    telecommunications, healthcare, software development, finance, and
    government. Previously he was Chief Information Security Officer at Forcepoint
    and before that Head of Information Security at Hireright. Barton was
    also Director of Information Security at AT&T/Cingular for eight years.

“As the volume and pace of applications have skyrocketed, the number of
vulnerabilities has exploded,” said Steve O’Hara, managing partner of
Valley Capital Partners. “Stellar Cyber’s security analytics solution
addresses a major pain point for the CISOs of modern enterprises:
providing better security visibility in an age of heightened
cybersecurity threats. It’s exciting to be an investor and board member
in a company that is helping security teams in pioneering and meaningful
ways.”

According to Changming Liu, Stellar Cyber’s CEO, “Our series A funding
combined with our strong customer traction affirms the significance of
our flagship product, Starlight. We have put into the hands of our
customers and partners a powerful and comprehensive SOC solution that
will protect them from the fates of Equifax and Marriott Hotels. It’s
also an honor to work alongside industry veterans and to welcome on
board new investors who believe in our vision for a safer world.”

Stellar Cyber’s RSA 2019 Presidential Mixer
Stellar Cyber
will be hosting an exclusive executive networking event at RSA 2019
on Tuesday, March 5, from 6:00 to 9:00 pm at the Executive Order
Bar & Lounge, San Francisco’s newest venue with a Speakeasy vibe. Join
Stellar Cyber’s leadership team and other cybersecurity executives for
food, drinks, and see demos of Starlight, its united security analytics
platform. To request a party invitation, please visit https://bit.ly/2DhxGmi.
To request a meeting, please visit: https://stellarcyber.ai/contact/.

About Stellar Cyber
Stellar Cyber, Silicon Valley-based
security analytics company, is the creator of Starlight, a unified
security analytics platform designed to be the SOC Command Center for
pervasive data collection, breach detection, investigation and response
(CDIR). The company’s customers are mid-tier and large enterprises and
service providers building managed detection and response services for
those who don’t have in house incident responders. Starlight allows
organizations to automatically detect and thwart attacks on their
critical data systems before damage is done or data is lost and deploys
easily in any computing and network environment. Stellar Cyber is backed
by Valley Capital Partners, Northern Light Venture Capital, Digital
Hearts and other investors. Learn more at http://stellarcyber.ai.

Contacts

SKC, Inc.
Mary Placido
[email protected]
(415)
218.3627

Sharon Y. Sim
[email protected]
(415)
420-1889

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