The myth of the Trojan horse is epic, but you might not remember an important character - Lacoon.
The Greeks were unsuccessful in laying siege to the high walls of the city of Troy for 10 years until Odyseus conceived a trap. The constructed wooden horse fit 30 elite soldiers hidden inside. As the Greeks sailed away, one under cover soldier Sinon was left behind to present the horse as a gift. Our forgotten protagonist, the Trojan priest Lacoon, did not trust Sinon. Lacoon tried to warn his fellow Trojans to destroy the “gift” but he was dismissed and we know how the story ends.
Today, attackers are more varied, sophisticated, sinister and have a broader attack surface which lacks the classic perimeter and high-walled defense. In the new era of digital warfare, nation-states and professional attackers routinely preform espionage on individuals and corporations increasingly on their mobile phones. Fortunately, there are big data sets that can be wielded for defense from on the device and off the device.
Michael Shaulov and Ohad Bobrov met at NICE Systems building systems to detect anomalies on large data sets of mobile network communication. Upon detection they understood that data exfiltration could be prevented without necessarily requiring software installed on devices. So when Michael and Ohad joined forces to start Lacoon - they knew the priest could make a comeback.
Today, we're excited to share that Index is leading the first round of institutional financing in Lacoon together with a terrific set of existing investors including Shlomo Kramer, Mickey Boodaei, and Rakesh Loonkar. Here's why we invested:
The mobile enterprise. We're convinced enterprise BYOD creates an attack surface that will demand security against targeted attacks and zero-day attacks.
Multi-layered enterprise protection. Lacoon's F1000 enterprise customers require defense-in-depth that actually works: adaptive prevention, context-awareness, sandboxing, code analysis, network communication and event anomaly detection are some of the methods Lacoon uses across android and iOS devices.
Proprietary data in the cloud. Two of the dominant themes in enterprise software today are acting on uniquely collected data sets, and delivering cloud-based security.
Domain-expertise. One of the tricky parts of anomaly detection is tuning false positives and false negatives, which is only possible with a team of offensive and defensive experts. Lacoon's talent pool draws from the Israeli equivalent of the NSA - unit 8200.
I am excited to join Lacoon's board of directors. Together, we're looking forward to making sure Lacoon's voice is now heard, “Equō nē crēdite, Teucrī!”
Shardul Shah, Principal, Index Ventures