Hexadite

Company Overview

Snapshot

Founded in March 2014 by Eran Barak, Barak Klinghofer, and Idan Levin, Hexadite operated with 11–50 employees. The company secured a total of $10.5 million across 2 funding rounds from 4 investors. Hexadite was acquired by Microsoft in June 2017.

Business overview

Hexadite developed a fully automated solution for cyber incident response, enabling organizations to investigate and resolve cyber alerts efficiently. Its core product, the Hexadite Automated Incident Response Solution (AIRS), aimed to maximize an enterprise's ability to investigate alerts, uncover hidden threats, and remediate breaches. The platform integrated with detection systems to provide a contextual view of network activity, applying best practices and intelligent decision-making algorithms for continuous cyber incident response. Hexadite operated within the Cyber Security sector, serving enterprise clients.

Strategic signal

In June 2017, Hexadite was acquired by Microsoft. This acquisition signified a major validation of Hexadite's automated cyber incident response technology and its potential to enhance larger cybersecurity portfolios, indicating a strategic move by Microsoft to integrate advanced security automation capabilities.

Company Intelligence Q&A

When was Hexadite founded?

Hexadite was founded in March 2014.

Who were the founders of Hexadite?

The co-founders of Hexadite were Eran Barak, Barak Klinghofer, and Idan Levin.

Which investors participated in Hexadite's Seed round?

In July 2014, Hexadite received Seed funding from YL Ventures and Moshe Lichtman.

Which investors participated in Hexadite's Series A round?

In February 2016, Hexadite received Series A funding from Ten Eleven Ventures and Hewlett Packard Enterprise Development LP.