Cyberfend delivers robust, real-time web and mobile security by…
Company was acquired
Event Year: 2014
Company was acquired
Event Year: 2014
CyberFend provided a comprehensive security solution designed to safeguard web and mobile applications against advanced cyber threats and fraudulent activities. Their technology specialized in identifying account takeovers, payment fraud, and the utilization of compromised credentials, addressing critical security concerns for consumer-facing web and mobile platforms.
CyberFend's approach leveraged a novel security paradigm, integrating human cognitive science with sophisticated machine learning algorithms. This resulted in a highly effective detection system characterized by minimal false positives and false negatives. The platform processed nearly a billion login and payment transactions monthly for a diverse portfolio of prominent e-commerce, web, and payment clients.
The CyberFend product operated at the convergence of several leading-edge technologies: advanced machine learning at its core, a cloud-based backend engineered for massive scalability, and front-end capabilities supporting both web and mobile (iOS, SDK) environments. CyberFend was supported by investors including Y Combinator, SV Angel, and A Capital. The company was acquired by Akamai Technologies in December 2016.
CyberFend provided a comprehensive security solution designed to safeguard web and mobile applications against advanced cyber threats and fraudulent activities. Their technology specialized in identifying account takeovers, payment fraud, and the utilization of compromised credentials, addressing critical security concerns for consumer-facing web and mobile platforms.
CyberFend's approach leveraged a novel security paradigm, integrating human cognitive science with sophisticated machine learning algorithms. This resulted in a highly effective detection system characterized by minimal false positives and false negatives. The platform processed nearly a billion login and payment transactions monthly for a diverse portfolio of prominent e-commerce, web, and payment clients.
The CyberFend product operated at the convergence of several leading-edge technologies: advanced machine learning at its core, a cloud-based backend engineered for massive scalability, and front-end capabilities supporting both web and mobile (iOS, SDK) environments. CyberFend was supported by investors including Y Combinator, SV Angel, and A Capital. The company was acquired by Akamai Technologies in December 2016.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2015
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2015
B2B
B2B
B2B -> Security
B2B -> Security
Team size: 2
Hiring: No
Team size: 2
Hiring: No
