Amsterdam-based VirtualMetric, an organization specialised in Safety Information Administration, has raised €2.25M in funding led by specialist cybersecurity buyers TIN Capital (Netherlands) and Auriga Cyber Ventures (France).
The Dutch firm will use the funds to speed up product growth, broaden the go-to-market crew, and help buyer deployments throughout Europe and past.
“We’re scaling quick and hiring throughout roles to fulfill rising demand,” says Jimmy Wind, Co-Founder and CEO of VirtualMetric. “The telemetry problem is world, and we’re simply getting began. We’re constructing the muse for the following technology of scalable, environment friendly, and safe cyber operations.”
Moreover, the corporate will use the capital to cut back SIEM prices, streamline knowledge pipelines, and increase operational effectivity.
The corporate goals to deal with one among cybersecurity’s costliest bottlenecks: unmanageable telemetry.
What does VirtualMetric resolve?
Organisations are amassing extra safety knowledge logs, metrics, and alerts than ever earlier than, making a quantity that’s troublesome to handle.
This has led to rising prices, with massive enterprises spending as much as $10 million yearly on SIEM (Safety Info and Occasion Administration) methods.
Though cybersecurity budgets are rising to fight evolving threats, they’re nonetheless restricted on account of excessive telemetry prices. This implies much less funding is out there for brand new detection and response improvements.
VirtualMetric: Telemetry pipeline for cybersecurity
Based in 2011 by methods engineer Yusuf Ozturk, VirtualMetric gives performance-driven IT monitoring and log administration options that simplify advanced environments.
VirtualMetric empowers SOC groups to regain management over their telemetry environments.
Its expertise allows enterprises to route, filter, and form knowledge with precision, extracting extra worth from SIEM platforms like Microsoft Sentinel whereas decreasing ingestion volumes by as much as 90% and guide effort by 60 per cent.
“We assist safety groups take again management,” provides Jimmy Wind. “With our answer, they’ll maximise SIEM efficiency, cut back spend, and enhance detection – with out being buried in noise or operational price.”
For trusted MSSPs like Wortell Enterprise Safety, the platform additionally allows automation and scalability, permitting service suppliers to onboard extra shoppers with out the necessity to broaden their groups.
“It allows us to extend our high quality of service by eradicating loads of guide processing and offering higher choices to our prospects for log ingestion”, says Maarten Goet, Chief Menace Officer at Wortell and Microsoft Regional Director and MVP.
The platform integrates seamlessly with Microsoft Sentinel, Azure Information Explorer, and Azure Blob Storage, permitting logs to be intelligently routed primarily based on relevance and criticality.
Its Write-Forward Log (WAL) structure ensures real-time, lossless knowledge processing with full forensic integrity.
“Our system delivers unmatched efficiency, processing huge telemetry streams in seconds,” provides Yusuf Öztürk, Co-Founder and CTO of VirtualMetric.
