San Diego-based CyberFlow Analytics Inc. said it received $2 million in seed funding from Toshiba America Electronic Components Inc.
The business already has $600,000 in angel funding.
CyberFlow Analytics said it plans to offer a cybersecurity product in the software-as-a-service format, taking it to market by mid-2014.
CyberFlow said that its software increases network intelligence to create an early warning system for cyber attacks to an enterprise network or core data. The software sends a warning before the attacker can disable, destroy or steal data.
The business is based in the University Towne Center area. Hossein Eslambolchi is the business’s chairman and CEO. The company has 15 employees and says it is recruiting engineers.
The company said it expects to take in as much as $4 million in seed money by November.
— SDBJ Staff Report