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Announcements
Jul 20

Partnering with Anvilogic: Modernizing Security Operations

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The cybersecurity landscape has become increasingly complex over the past decade. As organizations rapidly adopt cloud technologies and expand their digital footprints, the attack surface has grown exponentially. This expansion has led to a proliferation of security tools, with many enterprises employing dozens of solutions to protect their assets. While these tools generate vast amounts of data, they've also created a new problem: information overload.

SOC teams are drowning in alerts, many of which are false positives. The sheer volume of data makes it difficult to separate the signal from the noise, leading to alert fatigue and increased risk of missing genuine threats. Traditional Security Information and Event Management (SIEM) solutions have attempted to address this issue, but they often fall short in providing actionable insights and automating complex detection processes.

Enter Anvilogic. Our partnership with Anvilogic is rooted in the exceptional caliber of its founders, Karthik Kannan and Deb Banerjee. What stands out about Karthik and Deb is their deep, firsthand understanding of the pain points in security operations. They've lived the challenges they're now solving, which gives them a level of insight that's rare in the industry. This practical experience, combined with their technical expertise, enables them to approach problem-solving in a way that resonates with SOC teams and CISOs alike. They've assembled a team that blends expertise in AI, data analytics, and practical SOC operations, which is crucial in developing a platform that's not just technically advanced, but also highly usable and relevant to day-to-day security operations. In our interactions with Karthik and Deb, we've been consistently impressed by their ability to articulate a clear, compelling vision for the future of cybersecurity and reflect commitment to Anvilogic's rapid product development cycles and responsiveness to customer feedback.

Anvilogic's approach to the information overload problem is both innovative and pragmatic. Their platform sits atop existing logging infrastructures, augmenting or in some cases replacing traditional SIEM solutions. What sets Anvilogic apart is its focus on automating the threat detection process, an area that has been largely overlooked in favor of automating response actions. The company's AI-driven platform provides a unified and normalized security operations process across various data platforms and security silos. This normalization is crucial in today's heterogeneous IT environments, where data is scattered across on-premises and cloud infrastructures.

One of Anvilogic's most compelling features is its ability to assess an organization's security maturity. The platform evaluates the data collection practices of an SOC team and assigns a score from 0 to 100. This quantitative measure of security effectiveness is invaluable for CISOs and security leaders who need to communicate the state of their security posture to non-technical stakeholders. Moreover, Anvilogic addresses one of the most time-consuming tasks in security operations: the deployment of threat detection algorithms. Traditional methods of implementing these algorithms can take weeks and often require custom coding. Anvilogic's pre-packaged threat detection algorithms and machine learning-based recommendation system significantly accelerate this process.

From a technical standpoint, Anvilogic's integration with cloud data platforms like Snowflake is particularly noteworthy. As the volume of security logs continues to grow, storage costs have become a significant concern for many organizations. By leveraging Snowflake's efficient storage and compute separation, Anvilogic reduces storage costs by over 50%. This cost-efficiency is a game-changer, especially for enterprises dealing with petabytes of security data. The platform's use of AI goes beyond simple anomaly detection. It employs advanced machine learning algorithms to understand the context of security events, correlate data from multiple sources, and provide actionable recommendations. This approach not only reduces false positives but also helps in identifying complex, multi-stage attacks that might otherwise go unnoticed.

Anvilogic's early traction in the market has been nothing but impressive. With customers like PayPal, eBay, and Rubrik, the company has demonstrated its ability to provide value to large, sophisticated enterprises. Having these large global enterprises as early adopters serves as powerful validation of Anvilogic's technology and approach.

Our investment in Anvilogic is rooted in a belief that the future of cybersecurity lies in intelligent automation and AI-driven insights. The company's approach to modernizing SOCs aligns with the broader industry trends towards cloud adoption, data-driven decision making, and the need for greater operational efficiency. As cyber threats continue to evolve in sophistication and scale, solutions like Anvilogic that can adapt and learn will become increasingly critical. By reducing the noise in security operations and providing actionable, context-rich insights, Anvilogic is not just solving today's problems but is also preparing organizations for the challenges of tomorrow.

The journey ahead for Anvilogic is exciting, and we at Myriad Venture Partners are thrilled to be part of it. As the company continues to grow and evolve, we look forward to supporting their mission of transforming security operations and making the digital world a safer place for all.

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