SOC Prime

SOC Prime develops solutions that optimize Security Operations Center. One of these products - Predictive Maintenance - allows you to monitor the connection of sources, their sending of all the necessary types of messages, as well as monitor the timeliness of the transfer of logs in distributed installations of the SIEM system.

History

2021: Attracting $11 million investment

In October 2021, it became known about the investment of $11 million in SOUNDPrime. Founded by Ukrainians, the startup held a Series A funding round, which was led by DNX Ventures. Streamlined Ventures and Rembrandt Venture Partners also took part in the investment deal.

The funds raised at SOUNDPrime intend to spend on scaling the business and promoting their macro-place, which allows researchers to monetize their code for detecting cyber threats to help businesses protect themselves from hacker attacks.

SOUNDPrime raises $11 million investment

According to a statement made in October 2021, over the past year, SOUNDPrime has increased its base of premium subscribers by 50%. At the same time, monthly income grew by 86%, and the active customer base - by 85%. By October 2021, SOC Prime has more than 6 thousand customer organizations.

Our threat detection market is fueled by a variety of cyber-threat hunter communities, "says Andrei Bezverkhiy, founder and CEO of SOUNDPrime. - We seek to enhance their capabilities as this contributes to timely and effective detection. This helps businesses take a collaborative approach to protection to better address digital threats.

As of October 2021, 80 people work in the SOUNDPrime team. Development is carried out in the office of Ukraine. A small European office is located in Spanish Malaga, and sales departments are based in Germany and the USA. In a year, the startup plans to open a representative office in Singapore.

Andrei Bezerkhiy said that the Big Four uses the decisions of the startup: Deloitte, PwC, EY and KPMG. In Ukraine, one of the first customers was UkrSibbank. The average size of commercial contracts was not disclosed.^[1]

2017: Partnership with Solar Security

In December 2017, the service IT distributor Axoft and the company SOUNDPrime, a manufacturer of automation tools to increase the efficiency of SIEM and vulnerability management systems, announce the conclusion of an agreement according to which Axoft received the right to distribute vendor software in Russia. As part of the agreement, the distributor will actively promote the manufacturer's solutions.

Solar Security, a developer of products and services for targeted monitoring and operational management of information security, and SOUNDPrime entered into a partnership agreement in early 2017.

Solar JSOC's team of architects, analysts, and engineers use HPE ArcSight 's SIEM daily to provide outsourcing services for monitoring and responding to IB incidents. Strict SLAs, significant IB event flows, and increased content and analytics requirements form a list of mandatory requirements for the SIEM platform. First of all, these are indicators of the reliability and timeliness of transmitting information from sources, as well as the correctness of parsing "raw" events. In addition, it is necessary to guarantee the availability and performance of the SIEM system itself, its hardware and system resources. In other words, the information security incident monitoring system itself should also be monitored.

SOC Prime develops solutions that optimize Security Operations Center. One of these products - Predictive Maintenance - allows you to monitor the connection of sources, their sending of all the necessary types of messages, as well as monitor the timeliness of the transfer of logs in distributed installations of the SIEM system.

After formalizing the problems and analyzing the products available on the market, both companies came to the conclusion that their vision and ways of solving problems are similar, and combining efforts will expand the current capabilities of both sides. The result of the technological partnership between Solar Security and SOUNDPrime was the use of the Predictive Maintenance product in Solar JSOC, including when connecting the service according to the "hybrid" model, when HPE ArcSight is already installed at the customer.

"The technical processes for monitoring IB incidents should be carefully monitored. No one wants the provision of commercial service to stop due to overflow of SIEM disk space, and incident detection scenarios stopped working, say, after upgrading the firewall OS at the customer. The ability to end-to-end control the sources of different clients on several installations of the SIEM system, early detection of errors on the connectors and identification of real-time monitoring problems - this is what the colleagues from SOUNDPrime in the Predictive Maintenance product were able to automate, "said Elman Beibutov, head of outsourcing at Solar Security