Lastline Explained

Lastline, Inc.
Type:Private
Foundation:2011
Founders:Engin Kirda
Christopher Kruegel
Giovanni Vigna
Location City:Redwood City, California
Location Country:United States
Area Served:United States, Canada, Europe, Middle East
Key People:John DiLullo (CEO)
Products:Network security products
Homepage:Lastline.com

Lastline, Inc. is an American cyber security company and breach detection platform provider based in Redwood City, California.[1] [2] The company offers network-based security breach detection and other security services that combat malware used by advanced persistent threat (APT) groups for businesses, government organizations and other security service providers.[3] Lastline has offices in North America, Europe, and Asia.[4]

History

Lastline was founded in 2011 by University of California, Santa Barbara and Northeastern University researchers Engin Kirda, Christopher Kruegel and Giovanni Vigna.[5] In 2014, WatchGuard Technologies, Inc. joined the Lastline Defense Program to combat advanced malware targeting businesses by providing primary functionality for APT blocking, available on their unified threat management (UTM) and next generation firewall (NGFW) products.[6] WatchGuard utilizes Lastline's next generation cloud-based sandbox, powered by full-system emulation, which inspects objects for unknown malware crafted to evade detection.[7]

Lastline was featured at the 2014 RSA Conference in San Francisco.[8] That same year, Giovanni Vigna, CTO at Lastline, appeared at the Cyber Security Expo in a keynote presentation that analyzed evasive malware techniques.[9]

Juniper Networks began integrating with Lastline to expand the capability of its Spotlight Secure platform in 2014.[10] [11] In February 2015, Lastline announced a partnership and technology integration with Carbon Black in an effort to facilitate automated and comprehensive end-to-end endpoint and network security for email, web, files and mobile applications.[12] [13]

Funding

In 2013, Lastline raised $10 million in funding led by venture capital firms Redpoint Ventures and E.ventures, now known as Headline[14] Redpoint Ventures led the Series B round with a $9 million investment, while existing investor E.ventures provided the remainder.[15]

In 2014, Lastline raised $10 million from new investors Dell Ventures and Presidio Ventures, as well as existing investors Redpoint Ventures and E.ventures.[16] With the new round of funding, Lastline will continue to focus on serving its growing global enterprise customer base as well as new and existing partnerships to improve information security and threat intelligence worldwide.[17] This round of funding adds to the $13.7 million raised in earlier rounds to bring total funding raised to nearly $24 million since the company's founding in 2011.[18]

On June 4, 2020 Lastline announced that they entered into a definitive agreement to be acquired by VMware. The acquisition was expected to be finalized by July 31, 2020.[19] [20]

After the acquisation of VMware by Broadcom, Lastline is now part of Broadcom.

Lastline Labs

From May 2013 to May 2014, Lastline researchers studied hundreds of thousands of malware samples, testing new malware against 47 vendors’ AV signatures featured in VirusTotal to determine which caught the malware samples, and how quickly.[21] They found that, on any given day, at least half of the AV scanners it tested failed to detect new malware and after two months, a third of the scanners were still not detecting it.[22] [23]

See also

Notes and References

  1. Yokwicz, Will Watching the (Digital) Detectives Rout Out Cyber Fraudsters Inc. March 4, 2015
  2. Goldman, Jeff Data Breach Roundup: January 2014 eSecurity Planet. March 4, 2015
  3. Simonelli, Luca The Lastline of APT defence IT Security Guru. March 4, 2015
  4. https://money.cnn.com/news/newsfeeds/articles/marketwire/1179086.htm Blue Coat Launches Encrypted Traffic Management Ready Certification Program
  5. Lennon, Mike Lastline Raises $10 Million to Help Combat Targeted Attacks SecurityWeek. March 4, 2015
  6. Ohlhorst, Frank WatchGuard Brings Advanced Persistent Threat Protection (APT) to the Masses Enterprise Networking Planet. March 4, 2015
  7. http://www.businesswire.com/news/home/20140403005461/en/Lastline-Announces-WatchGuard-Technologies-Joins-Company%E2%80%99s-Defense#.VPfH8mR4qQ4 Lastline Announces WatchGuard Technologies Joins Company’s Defense Program to Deliver APT Protection Capabilities
  8. Solomon, Howard RSA Conference roundup: Fortinet, HP announce security products IT World Canada. March 4, 2015
  9. Fisher, Paul Chasing and detecting evasive malware IT Pro Portal. March 4, 2015
  10. Bradley, Tony Juniper expands threat intelligence for more effective network defense CSO. March 4, 2015
  11. Kerner, Sean Michael Juniper Brings Increased Security Intelligence to SRX Gateway Enterprise Networking Planet. March 5, 2015
  12. https://finance.yahoo.com/news/lastline-partners-bit9-carbon-black-180000803.html;_ylt=AwrBEiKMxvdUpzoALgSTmYlQ Lastline Partners with Bit9 + Carbon Black to Deliver Comprehensive Network and Endpoint Breach Protection
  13. Westervelt, Robert Growing List Of Security Partners Trigger Bit9 Carbon Black Growth CRN. March 5, 2015
  14. http://www.xconomy.com/san-diego/2013/06/26/lastline-obtains-10000000-new-financing-round/ Lastline Obtains $10,000,000 New Financing Round
  15. Denne, Scott Lastline Secures $10M for Behavior-Based Cybersecurity Dow Jones. March 4, 2015
  16. https://blogs.wsj.com/venturecapital/2014/08/22/the-daily-startup-jaunt-raises-27-8-million-for-virtual-reality-tech/ The Daily Startup: Jaunt Raises $27.8 Million For Virtual Reality Tech
  17. Drake, Sarah Malware detector Lastline raises $10M from Dell, Presidio Silicon Valley Business Journal. March 4, 2015
  18. https://venturebeat.com/2014/08/21/lastline-secures-10-million-funding-round/ Lastline Secures $10 Million Funding Round
  19. Web site: security. John DiLulloJohn DiLullo has nearly 30 years of demonstrated success in enterprise. networking. cloud. AI. Sales. Plus Go-to-Market Expertise Spanning. marketing. Success. Customer. Support. Technical. domestically. operations His career includes extensive time. 2020-06-04. Lastline to be Acquired by VMware. 2020-06-17. Lastline. en-US.
  20. Web site: VMware acquires network security firm Lastline, said to lay off 40% of staff. 2020-09-17. TechCrunch. 4 June 2020 . en-US.
  21. Engin, Kirda Most Antivirus Software Is Lousy At Detecting Advanced Malware Forbes. March 4, 2015
  22. Robinson, Brian Is antivirus now useless? GCN. March 4, 2015
  23. Dunn, John E. Antivirus software can't keep up with new malware, Lastline Labs analysis finds tech world. March 4, 2015