Gutsy—$51 Million to Revolutionize Security Governance
Gutsy—$51 Million to Revolutionize Security Governance
On Tuesday, October 10th, a trio of former Palo Alto Networks employees came out of stealth mode and announced their newest cybersecurity startup, Gutsy, backed by $51 million in seed funding led by YL Ventures and Mayfield.
Who is Gutsy?
Gutsy has 27 employees and is based in Baton Rouge, Louisiana with teams located in Portland, New York, and Tel Aviv. The founders, Ben Bernstein (CEO), Dima Stopel (VP of R&D), and John Morello (CTO) made up the core leadership team of Twistlock, a cloud focused cybersecurity company acquired by Palo Alto Networks in 2019 for $410 million.
A New Approach
Gutsy is taking a novel approach to security governance using process mining. Gutsy integrates with existing tools and solutions across your business ecosystem and normalizes and correlates events and data to generate a visual representation of the process flow. You can then quickly identify any issues, bottlenecks, and gaps and take action to remediate any issues identified.
Most existing security solutions, whether focused on identity management, encryption, or any other aspect of security, tend to focus exclusively on technology for detection and protection which is only one aspect of the security triad. Gutsy considers people, process, and technology in its solution as it considers the entire business process flow.
Gutsy—Your Security Governance Copilot
Gutsy continuously gathers and normalizes real-time events from your existing solutions and provides insights to your team to optimize your security processes and validate the effectiveness of your existing security toolset. Gutsy helps your security team to visualize the entire process flow, including people, process, and technology, so they know where best to focus their resources.
Bottom Line
Gutsy’s emergence from stealth mode with an enormous seed round signifies its potential to disrupt the cybersecurity industry. By applying process mining techniques to cybersecurity for the first time, Gutsy is poised to offer businesses a novel set of tools to better understand their data security and enhance their security governance.
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