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Invary Raises $3.5M Seed Funding led by SineWave Ventures

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Invary, a pioneering startup based in Lawrence, Kansas, has announced the successful completion of a $3.5 million seed funding round. This funding is poised to accelerate the company’s mission to redefine runtime security through its advanced Runtime Integrity solutions. 

Invary Raises $3.5M Seed Funding led by SineWave Ventures
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Founded in 2022, Invary has quickly emerged as a leader in the cybersecurity landscape, focusing on developing innovative solutions that ensure the integrity of software during runtime. The company’s flagship product offers real-time monitoring and verification of software processes, detecting unauthorized changes and potential security breaches as they occur. 

This proactive approach enables organizations to respond swiftly to threats, minimizing potential damage and maintaining operational continuity.

Invary’s technology is built upon research and intellectual property licensed from the NSA’s Laboratory for Advanced Cybersecurity Research. This foundation provides a robust and trusted basis for the company’s solutions, ensuring they meet the highest standards of security and reliability.

Founders and Leadership

The leadership team at Invary comprises seasoned professionals with extensive experience in cybersecurity and technology innovation:

Jason Rogers (CEO): With a background in building secure, cloud-scale platforms, Jason has a proven track record of scaling engineering and operations teams. Notably, he played a pivotal role at Matterport, leading the company through its initial public offering (IPO) in 2021.

Dr. Perry Alexander (Founder): A Distinguished Professor of Electrical Engineering and Computer Science at the University of Kansas, Dr. Alexander’s research has had a significant impact on the field of trusted computing. His work was the foundation for Invary’s core technology, and he continues to provide strategic guidance to the company.

Dr. Wesley Peck (CTO): A protégé of Dr. Alexander, Dr. Peck completed his dissertation under his mentorship. He brings over 15 years of industry experience, having collaborated with Jason Rogers on large-scale cloud solutions that demand cutting-edge security practices. As CTO, Dr. Peck leads Invary’s technical strategy and product development.

The combined expertise of Invary’s leadership team uniquely positions the company to deliver powerful solutions that integrate cutting-edge confidential computing with practical, large-scale operational experience.

Funding Details

The $3.5 million seed funding round was led by prominent investment firms, including SineWave Ventures, Flyover Capital, Hyperlink Ventures, and KCRise Fund. This diverse group of investors underscores the confidence in Invary’s innovative approach to cybersecurity and its potential for significant impact in the industry.

This latest funding round builds upon a previous pre-seed investment of $1.85 million, which was instrumental in launching Invary’s initial solutions for detecting unauthorized changes in software during runtime. The cumulative investment of $5.35 million reflects strong investor confidence in Invary’s mission and technological capabilities

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Strategic Objectives Post-Funding

With the infusion of new capital, Invary plans to pursue several strategic initiatives to advance its mission:

  • Product Development: Accelerate the enhancement of its Runtime Integrity solutions, incorporating advanced features to detect and prevent unauthorized software changes in real-time.
  • Market Expansion: Broaden its market presence by targeting industries with critical security needs, such as finance, healthcare, and government sectors.
  • Talent Acquisition: Expand its team by attracting top talent in cybersecurity, software development, and business development to drive innovation and growth.
  • Partnerships: Establish strategic partnerships with technology providers, system integrators, and industry organizations to enhance the adoption and integration of its solutions.

These initiatives aim to position Invary as a leading provider of runtime security solutions, addressing the evolving challenges of cybersecurity in an increasingly complex digital landscape.

The Importance of Runtime Integrity in Cybersecurity

In today’s threat landscape, traditional security measures are often insufficient to protect against sophisticated attacks that target software during execution. Runtime Integrity solutions, like those developed by Invary, play a crucial role in:

  • Detecting Unauthorized Changes: Monitoring software processes in real-time to identify deviations from expected behavior, indicating potential security breaches.
  • Preventing Advanced Threats: Blocking malicious activities that exploit vulnerabilities during runtime, such as code injection or memory corruption attacks.
  • Ensuring Compliance: Maintaining the integrity of critical systems to comply with industry regulations and standards that mandate stringent security controls.
  • Enhancing Trust: Providing assurance to stakeholders that applications and systems operate as intended, free from unauthorized modifications.

By focusing on runtime integrity, organizations can strengthen their security posture and better protect sensitive data and operations from emerging threats.

Market Potential

The cybersecurity landscape is continually evolving, with sophisticated threats becoming more prevalent. Invary’s Runtime Integrity solutions address a critical need for continuous verification of system integrity, providing organizations with the tools to detect and mitigate advanced threats that traditional security measures might miss. 

The company’s technology is already deployed in high-assurance federal entities, and the new funding will facilitate its expansion into the commercial sector, where the demand for robust runtime security solutions is on the rise. 

Future Outlook

Looking ahead, Invary is poised to make significant strides in the cybersecurity industry. The company plans to leverage the recent funding to enhance its product offerings, expand its team, and establish strategic partnerships that will drive growth and innovation. 

By providing cutting-edge Runtime Integrity solutions, Invary aims to set new standards in runtime security, ensuring that organizations can operate securely in an increasingly complex digital landscape

 

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