# Hexadite

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

- Industry: IT Security/Cybersecurity
- Headquarters: Boston, US
- Website: www.hexadite.com
- Total disclosed funding: $11M
- Latest round: Series A (Feb 10, 2016)
- Investors on record: 3

## About

Hexadite Ltd. specializes in cybersecurity solutions, focusing on automating incident response processes to enhance organizations' ability to manage threats effectively and efficiently.Hexadite Ltd. is a cybersecurity firm founded in 2014 and headquartered in Boston, US. The company was established to streamline and automate incident response in the cybersecurity landscape. In May 2017, Microsoft Corporation acquired Hexadite for approximately USD 100 mn. The firm has completed a total of 3 deals.Hexadite's core product is its automated incident response platform, which is integrated with Microsoft Defender for Endpoint, a cloud-native security solution that offers advanced antivirus capabilities, endpoint detection and response (EDR), vulnerability management, and threat intelligence. This solution protects endpoints across various platforms including Windows, macOS, Linux, Android, iOS, and IoT devices, serving a diverse clientele from small businesses to large enterprises globally.Hexadite operates with a subscription-based revenue model, providing various tiers of its services, including Defender for Endpoint P1 and P2 through Microsoft 365 E3 and E5 plans. The pricing structure allows organizations to select features based on their security needs, and Microsoft supports over 1.5 billion devices with its endpoint security solutions.Following the acquisition by Microsoft in May 2017, the integration of Hexadite's automated incident response capabilities into Microsoft Defender for Endpoint is expected to enhance security offerings. Hexadite may leverage Microsoft's resources to expand into new markets, particularly in Europe and Asia-Pacific, by 2025. The funding from the acquisition will likely support further development of automated solutions and market penetration strategies.

## Funding rounds

- Series A, Feb 10, 2016, $8M — YL Ventures, Ten Eleven, Hewlett Packard Pathfinder
- Seed, Jul 1, 2014, $2.5M — YL Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Seed, Series A
- Ten Eleven — Series A
- Hewlett Packard Pathfinder (https://capitalatlas.ai/funds/hewlett-packard-pathfinder) — Series A