Domain name and DNS-based predictive threat intelligence company, DomainTools, announced that a global technology-focused investment firm, Battery Ventures has made a significant strategic investment in the company. According to the announcement, the investment will drive more rapid innovation in DomainTools’ platform capabilities for machine learning-based threat analytics and predictive risk scoring.
Automating threat intelligence and incident response workflows
The company also stated that the company will focus on enhanced product development around automating threat intelligence and incident response workflows. The company also stated that more than 500 enterprise customers and some of the world’s largest organizations trust DomainTools to provide the intelligence they need to detect, investigate, and prevent threats.
Tim Chen, the CEO of DomainTools, said,
“Battery Ventures brings DomainTools a proven financial, operational, and strategic partner with an outstanding track record of helping companies scale. Their investment validates our data-driven approach and will accelerate our ability to innovate for our customers and deliver on our mission to make the internet safer for everyone.”