Startup Barkly touts light, fast endpoint protection

Product launches later this year, company has enough funding for two more years.

Barkly, a startup in endpoint security, has now banked enough investment money to keep it going for two more years and plans to launch its first products sometime in late 2015.

The company's founders say they have a new, lighter endpoint agent than competitors have that discovers and blocks the installation of malware as well as blocking behaviors that indicate an ongoing attack against the network.

Although they are being close with details, the agent makes a small footprint on the endpoint and uses up less than 1% of CPU when it is active, say Barkly's founders, CEO Mike Duffy and CTO Jack Danahy.

The company has just landed $12.5 million Series A financing from New Enterprise Associates (NEA) and including Sigma Prime Ventures. The company was founded in November 2013 and was funded by its founders for the first year, and it raised a seed round of investment last year, bringing the total investment so far to $17 million.

The Boston-based company has 15 employees.

Competitors in endpoint detection software include Bit9+Carbon Black, CrowdStrike, Cylance, FireEye, Guidance Software, Light Cyber and Tanium, but it's a very long list and this doesn't even scratch the surface.

The popularity of this technology is that it provides threat detection at every endpoint beyond what is done by static security such as anti-virus software. Many of these products rely on a separate analysis engine to decide whether data gathered at the endpoint warrants alerts and intervention.

Barkly is different in that the endpoint agent makes these decisions independently based on its ability to recognize behaviors that are common among a variety of attacks.

Initially the product will support Windows client software, but support will be expanded over time, Duffy says.

Danahy says the company wanted to detect zero-day attacks and recognize and interdict malware quickly so as not to disrupt users. Users are notified immediately when Barkly detects and blocks malicious activity.

It does this by monitoring the activity of endpoints at multiple levels of the operating system, he says. He says Barkly employs a new form of analytics that examines the behavior of code on each machine, and every agent contains a representation of what's malicious. That information is updated from a server in Barkly's cloud.

The company gathers this information about attacks from its own research, commercially available malware libraries and partners it will announce later.

When it launches its platform the company will offer a 30-day free trial for 25 instances of the agent. After that customers will be charged based on the number of instances.

Duffy and Danahy have a long history of working together. They both worked at BBN before it was bought by Raytheon, then they both worked together at IBM. Duffy was running OpenPages when IBM bought it, and Danahy was founder and CTO of Ounce Labs when it, too, was bought by IBM.

The name of the company is intended to conjure up the image of a dog that detects intruders and deals with them, Duffy says. The company logo is a cartoon image of a dog.

Join the CSO newsletter!

Error: Please check your email address.

Tags CylanceCrowdStrikesecurityBit9FireEyeTanium

More about CrowdStrikeFireEyeGuidance SoftwarePrime VenturesSigma

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Tim Greene

Latest Videos

  • 150x50

    CSO Webinar: Will your data protection strategy be enough when disaster strikes?

    Speakers: - Paul O’Connor, Engagement leader - Performance Audit Group, Victorian Auditor-General’s Office (VAGO) - Nigel Phair, Managing Director, Centre for Internet Safety - Joshua Stenhouse, Technical Evangelist, Zerto - Anthony Caruana, CSO MC & Moderator

    Play Video

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

More videos

Blog Posts

Market Place