Orchard Holdings Group leads investment to grow Morphick’s global sales, marketing, and services portfolio
CINCINNATI, Sept. 21, 2015 /PRNewswire/ — Morphick Cyber Security, the premier technology-enabled managed service that tailors cyber security solutions to their clients and enables them to morph their defenses to stay ahead of nimble and ever-changing attackers, announced today that it has raised $10 million in a Series A round of funding led by Orchard Holdings Group. Morphick will leverage the new round of funding to expand its global sales and marketing efforts, continue to enhance its services, and expand distribution.
The unique heritage of Morphick began at large defense contractors and military intelligence agencies. CEO Brian Minick wanted to bring other enterprises the same levels of capability, confidence, and comfort only previously seen by a small vanguard of prestigious firms. By building cyber security software from the ground up and pairing it with the people and processes found at industry-leading firms, Morphick has created a new era of cyber security in which the hunted can now become the hunter. Morphick’s clients are now moving targets that enjoy the ability to use their attackers’ tools against them as they watch their own defenses morph to counter changing threats.
“It’s a great feeling to go through our onboarding process with clients and have them tell us that they already feel safer just because of how we handle threats and the issues we address… and this is before we even turned on any of our technology.” explains CEO Brian Minick. “Every enterprise can move beyond the perfunctory defenses of firewalls and IDS’s and begin to create defenses that allow them to morph as quickly as the attackers.”
Morphick is only one of nine firms in the world to have been awarded the National Security Agency’s (NSA) Cyber Incident Response Assistance (CIRA) accreditation. Strong incident response is one piece of comprehensive cyber defense, and as Vice President of Incident Response Brian Klenke points out: “Morphick’s Incident Response Team is comprised of veteran network defenders who have been at the forefront combatting some of the most sophisticated state-sponsored attacks. Together, Morphick’s Managed Security Services and Incident Response Team provide a formidable solution.”
About Morphick
Morphick provides cyber security Managed Detection and Response (MDR) services to organizations globally. Morphick’s proven approach combines attack detection, threat hunting, incident response, and tailored threat intelligence to deliver morphing defensive postures.
Morphick enables organizations to become moving targets always staying ahead of attackers. The Morphick service enables unparalleled network, email, and endpoint visibility to detect and stop attacks. Network monitoring is achieved by placing a dedicated out-of- band network appliance in an organization’s network. The appliance provides multiple types of network security monitoring, full packet capture, and agentless endpoint threat-hunting capabilities. Email and DNS threat monitoring are offered via cloud-based detection. All events are aggregated on the Morphick Defense Platform that applies multiple methods (signature, reputation, behavior, and advanced analytics) to detect current and recent compromises.
Events are monitored, validated, and remediated by US-based dedicated security analysts in the Morphick Threat Intelligence Center. Organizations can also leverage Morphick’s NSA-CIRA Accredited Incident Response services for breach response support. Morphick provides threat intelligence for deep intelligence gathering and analysis, and other incident response services (such as malware reverse engineering and custom signature development). Want to know more about Morphick? Contact us.
About Orchard Holdings Group
Orchard, based in Cincinnati, is a private investment firm that invests non-institutional, private, family capital in businesses with the potential to create substantial long-term value. The firm typically invests $10 million to $40 million of capital per transaction in businesses with $25 million to $250 million in revenue.
