# Bricata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bricata

- Industry: IT Security/Cybersecurity
- Headquarters: Columbia, US
- Website: www.bricata.com
- Total disclosed funding: $8M
- Latest round: Series A (Jul 25, 2017)
- Investors on record: 1

## About

Bricata, Inc. specializes in advanced cybersecurity solutions, enhancing network visibility and threat detection for organizations through innovative technology and comprehensive services.Bricata, Inc. is a cybersecurity firm founded in 2014 in Columbia, US, focusing on network detection and response solutions. The company has completed 2 deals, with the most recent deal in March 2019. John Trauth serves as both the Founder and CEO, bringing extensive experience in the industry. The firm raised USD 1.00 mn in VENTURE DEBT financing in 2019, contributing to a total of USD 8.00 mn raised to date.Bricata's core offering, OpenText Network Detection & Response, provides sophisticated cybersecurity solutions aimed at increasing network visibility and threat detection. This platform features detection, forensic analysis, and proactive threat hunting, utilizing signature inspection, stateful anomaly detection, and machine learning to combat known and unknown threats. It supports enterprise security teams by enabling comprehensive network traffic monitoring, retrospective analyses, and automated incident responses across diverse sectors including finance, healthcare, and manufacturing in markets such as North America, Europe, and Asia-Pacific.Bricata's revenue is primarily generated through subscription models and professional services. Clients engage in agreements providing ongoing access to the platform and support, which typically involves annual subscriptions that include software licenses and premium features. Additional revenue streams arise from consulting and implementation services offered by OpenText Professional Services, with pricing structures tailored to accommodate various client needs based on user numbers and network traffic volumes.Following their most recent deal in March 2019, where Bricata, Inc. secured USD 1.00 mn in venture debt financing, the company plans to develop and launch new products aimed at enhancing cybersecurity strategies. Bricata is also targeting expansion into additional markets, with specific plans to increase their presence in Europe and Asia-Pacific by 2023. The funds from the recent financing round will facilitate the development of these new offerings and support the company's geographical expansion initiatives.

## Funding rounds

- Series A, Jul 25, 2017, $8M — Edison Partners

## Investors

- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series A