SOCRadar

Overview

SOCRadar is a cybersecurity company known for its advanced threat intelligence solutions designed to enhance organizational defenses against cyber threats. Founded in 2018 by Huzeyfe Önal and Ahmet Kuruköse, the company is headquartered in Middletown, Delaware. SOCRadar specializes in providing end-to-end threat intelligence and brand protection services globally. As of 2024, the company raised $25.2 million in a Series B funding round led by PeakSpan Capital, with Oxx as one of the main investors. The funds are aimed at expanding its market presence in the U.S. and strengthening its footprint in Europe.

Recent Developments

  • October 2024: SOCRadar responded to an allegation that over 330 million email addresses were scraped from its platform. An internal investigation revealed that the data scraped did not compromise customer information but was instead gathered from publicly available sources.
  • October 2024: SOCRadar was highlighted for being a finalist in the Computing Security Awards, emphasizing its influence and contributions to the cybersecurity industry.
  • September 2024: SOCRadar's Intelligence platform was at the forefront in dealing with the heightened sophistication and frequency of cyber attacks globally, offering organizations tools and insights to mitigate risks effectively.
  • August 2024: Achieved attention when a post appeared on a popular hacking forum claiming that 332 million email addresses were leaked; however, the investigation concluded that SOCRadar's platform was not breached.
  • May 2024: Successfully closed a $25.2 million Series B funding round. The capital is intended to accelerate growth initiatives, particularly in expanding research and development for AI-driven threat intelligence.
  • March 2024: SOCRadar's XTI platform continued to report on major cybersecurity incidents, showcasing its real-time response capabilities.

Company Information

AttributeInformation
Founding Date2018
HeadquartersMiddletown, Delaware, USA
FoundersHuzeyfe Önal, Ahmet Kuruköse
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsPeakSpan Capital, Oxx, 212 Ventures
IndustryCybersecurity
Number of EmployeesNot publicly disclosed

Early History

Founded in 2018, SOCRadar emerged from the vision of its founders, Huzeyfe Önal and Ahmet Kuruköse, to address the growing demand for comprehensive cybersecurity solutions. The company quickly developed a comprehensive platform known as the Extended Threat Intelligence (XTI). This platform combines key components—Cyber Threat Intelligence, Digital Risk Protection Services, and External Attack Surface Management—to deliver a robust cybersecurity framework. By the time of its Series A funding in 2023, SOCRadar had already cultivated a reputation for providing actionable and contextual intelligence to businesses worldwide.

Company Profile and Achievements

SOCRadar operates on a unique business model that harnesses advanced artificial intelligence to offer threat intelligence and brand protection. It has carved a niche in offering products that encompass:

  • Cyber Threat Intelligence (CTI)
  • External Attack Surface Management (EASM)
  • Digital Risk Protection Services (DRPS)
  • Brand Protection
  • Dark Web Monitoring
  • Supply Chain Threat Intelligence

Key achievements of SOCRadar include:

  1. Development and deployment of its XTI platform, enhancing clients' ability to respond quickly to cyber threats.
  2. Establishing a significant global footprint through strategic partnerships and technological advancements.
  3. Closing Series B financing to further AI capabilities across its platform, representing a positive step in bolstering its cybersecurity offerings.
  4. Recognition as a leading player in the cybersecurity field, winning accolades and becoming a finalist in various industry awards.

Current Operations and Market Position

SOCRadar maintains its stature within the cybersecurity industry by continuously enhancing its XTI platform. This has empowered many organizations across multiple sectors to improve their cybersecurity posture. Its market presence, strengthened by Series B funding, focuses on expanding core infrastructure and enhancing its AI and machine learning capabilities. The company retains a competitive edge with advanced threat detection mechanisms and remains influential globally, particularly in the U.S. and Europe.

Conclusion

SOCRadar signifies a strong entity within the cybersecurity landscape. As a provider of cutting-edge, AI-driven threat intelligence solutions, it continuously evolves to meet the growing demand for enhanced digital security. With recent funding aimed at expansion and innovation, the company is well-positioned to solidify its role as a global leader in cybersecurity intelligence and protection.

References

  1. SOCRadar Cybersecurity News
  2. DarkReading on SOCRadar Funding
  3. HelpNet Security Announcement
  4. PitchBook SOCRadar Profile
  5. CB Insights SOCRadar Financials
  6. FinanzNachrichten Funding News
  7. 6sense SOCRadar Market Share
  8. Apollo IO Overview
  9. PR Newswire for SOCRadar Press Releases
  10. The Cyber Express Article on SOCRadar