Packetsled, Inc. announced a first close of $525,000 on its $1 million debt offering. Six investors participated to the company’s first private placement on the US market. The offering will remain open for a year while the company is seeking additional investors.
Packetsled develops big data analytics products for the security intelligence industry. The company being in stealth mode, a clear description of its product is not available yet. However the tool developed by the company focuses on solving two issues. First, prevent breaches and theft of data by finding attacks quickly. Second, analyze all the details of the attack once it occurred to prevent it in the future.
The company was founded in 2012 by security industry veterans Matthew Harrigan (President) and Kurt Neumann. Packetsled is headquartered in San Diego CA.