SOC.OS announced as new BAE Systems cybersecurity ventureNews
July 08, 2020
UNITED KINGDOM. Following the development and internal incubation of an early stage cybersecurity venture, BAE Systems Applied Intelligence has announced the spin-out of a new company, SOC.OS.
The move sees SOC.OS gain $2.5 million (£2 million) in funding from two cyber and deep-tech venture capital partners, Hoxton Ventures and Speedinvest, who alongside the founding team intend to help fuel the next growth stage of the business.
According to the company, SOC.OS is designed to help small, internal security teams manage the ever-growing number of alerts produced by threat protection and detection tools. It works by continuously analyzing, triaging, and prioritizing alerts, escalating the most important incidents to the IT security team for further review. A number of early adopting customers including the UK Atomic Energy Authority and The University of Sussex are already using the technology.
SOC.OS was established within the Futures team of BAE Systems Applied Intelligence – an internal innovation and venture incubation hub – and it also benefited from BAE Systems’ close collaboration with CyLon, a leading cybersecurity accelerator, participating as part of CyLon’s cohort 9 programme in 2019. The new company launched officially in June 2020, with Dave Mareels as its CEO.