News and Press Releases

Trusted Metrics Named 2016 Red Herring Top 100 Global Award Finalist

Triple-Digit Domestic and International Growth Recognized Raleigh, NC — Trusted Metrics Inc., a developer of security monitoring solutions for managed service providers (MSPs), announced today it had been selected as a finalist for Red Herring’s 2016 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe. In 2015, Trusted Metrics was named a finalist for the Red Herring Top 100 in North America. Trusted Metrics provides Elastic SOC®, a multi-tenant, cloud-based platform which gives organizations of any size the ability to incorporate SIEM as a framework for centralized log correlation, intrusion detection, asset management, vulnerability management, threat intelligence, alarm generation and network performance management into a single console. This solution was purpose-built for managed service providers (MSPs) and managed security service providers (MSSPs), giving them the ability to deploy a white-labeled virtual Security Operations Center (SOC) for their clients, enabling around-the-clock network security monitoring, protection and response. The Red Herring editorial team selected companies who demonstrate the most innovative technologies and business models, originating from over 1,000 companies from more than 40 nations. These companies represent past Red Herring Asia, Europe and North America award winners in their respective regions. Companies are judged on a range of qualitative and quantitative metrics such as technology innovation, financial performance, growth criterion, management’s execution standards, potential globalization of the strategy, and market share improvement. “In today’s economies, the unrivaled technology ubiquity is not only disrupting how we work but also how we live and think. The vast amount of data and intellectual property combined with the innovation and disruption...

Trusted Metrics Earns CRN’s Emerging Vendor Recognition for Second Consecutive Year

Company Commended for Driving Growth within MSPs with Multi-Tenant Security Operations Center Software Platform Raleigh, NC — Trusted Metrics Inc., a developer of security monitoring solutions for service providers, announced today that it was named to the 2016 CRN® Emerging Vendors list. This annual list recognizes up-and-coming technology suppliers who are shaping the future of the IT channel through unique technological innovations. In addition to celebrating these standout companies, the Emerging Vendors list also serves as a valuable resource for solution providers looking to expand their portfolios with cutting-edge technology. This is the second year in a row that Trusted Metrics was included on this exclusive list. Trusted Metrics provides Elastic SOC®, a multi-tenant, cloud-based platform which gives organizations of any size the ability to incorporate SIEM as a framework for centralized log correlation, intrusion detection, asset management, vulnerability management, threat intelligence, alarm generation and network performance management into a single console. This solution was specifically designed with managed service providers (MSPs) and managed security service providers (MSSPs) in mind, giving them the ability to deploy a white-labeled virtual Security Operations Center (SOC) for their clients, enabling around-the-clock network security monitoring, protection and response. “The select group of companies on our Emerging Vendors list have already made a name for themselves in their short time in the IT community, introducing leading-edge technologies with the potential to transform their segments of the IT market,” said Robert Faletra, CEO of The Channel Company. “These tech suppliers are quickly making their mark on the industry and are the ones solution providers should watch in 2016.” Trusted Metrics already provides many service providers...

Trusted Metrics and Secure Now Partner to Guide MSPs on Security Monitoring

Partnership Brings Cybersecurity Education to Managed Service Providers (MSPs) Serving Small to Mid-Sized Businesses Raleigh, NC — Today, Trusted Metrics Inc., an Information Security solutions company headquartered in Raleigh, North Carolina, in partnership with Secure Now!, a New Jersey-based IT Security consultancy and training firm, announced an initiative to educate over 300 Managed Service Providers (MSPs) across the country on cybersecurity monitoring tools for small to medium-sized businesses (SMBs). Trusted Metrics produces and distributes Elastic SOC®, a multi-tenant, cloud-based platform which gives organizations of any size the ability to incorporate SIEM as a framework for centralized log correlation, intrusion detection, asset management, vulnerability management, threat intelligence, alarm generation and network performance management into a single console. This solution was specifically designed with managed service providers (MSPs) and managed security service providers (MSSPs) in mind, giving them the ability to deploy a virtual Security Operations Center (SOC) for their clients, enabling around-the-clock network security monitoring, protection and response. Trusted Metrics already provides many service providers and end users with Elastic SOC®, delivering the greatest performance at a reduced cost when compared with traditional cloud-based or on-premise products. Elastic SOC® was built for a MSP/MSSP who is looking to enter the security market or enhance their current security offering with a multi-tenant and highly scalable solution. Through MSPs and MSSPs, Trusted Metrics provides SMB’s an improved approach to building a much-needed enterprise-level security posture at a price-point affordable to small and mid-sized businesses. “Our MSP partners have asked us to help them understand the steps they need to take to provide more security services to their SMB clients”, said Art Gross,...

Trusted Metrics Recognized by CRN as a 2015 Emerging Vendor

Select List Features the Coolest Tech Startups Heating Up the IT Channel Raleigh, NC — Today, Trusted Metrics Inc., an Information Security solutions company headquartered in Raleigh, North Carolina, announced it has been named to The Channel Company’s exclusive 2015 CRN® Emerging Vendors List. The annual list features up-and-coming technology vendors that have introduced innovative new products, creating opportunities for channel partners in North America to build high-margin, cutting-edge solutions for their customers. The vendors recognized this year have demonstrated a commitment to developing new technologies to meet growing market demands.   Trusted Metrics produces and distributes Elastic SOC®, a private cloud-based platform which gives organizations of any size the ability to incorporate centralized log correlation, intrusion detection, asset management, vulnerability management, IP reputation, alarm generation and network performance management into a single console. The platform was specifically developed with MSPs in mind, giving a service provider the ability to deploy a Security Operations Center for their clients, enabling around-the-clock network security monitoring, protection and response.   Trusted Metrics already provides many service providers and end users with a next-generation, virtual SIEM platform that delivers increased performance at a reduced cost when compared with traditional cloud-based or on-premise products. Elastic SOC® was built for a MSP who is looking to enter the security market or enhance their current security offering with a multi-tenant and highly scalable solution.   “Solution providers continue to keep their finger on the pulse of emerging technology in order to stay ahead of customer needs. The exciting technology vendors recognized in this year’s Emerging Vendors List don’t disappoint—the innovative technologies they bring to the table...

Trusted Metrics and Southern Coastal Solutions Partner to Bring Enterprise-class Security Monitoring to Merchants

The Elastic Security Operations Center (Elastic SOC®) Brings Security Monitoring and Threat Detection to Point of Sale Systems and Terminals   Raleigh, NC — Today, Trusted Metrics Inc., an Information Security solutions company headquartered in Raleigh, North Carolina, announced a partnership with Raleigh-based Southern Coastal Solutions Inc., a POS Systems Distributor and Integrator. The partnership expands Southern Coastal’s capabilities to monitor and respond to ongoing cyber threats at merchant locations by utilizing Trusted Metrics’ Elastic Security Operations Center (Elastic SOC®). Trusted Metrics’ Founder and CEO, Michael Menefee said, “Merchants and their service providers continue to take the brunt of financial penalties imposed by the payment processors and banking industry resulting from cybersecurity breaches. In most cases, the individual merchants and their providers have no way of refuting the payment processors’ claims that their locations were the source of a breach, let alone have the ability to monitor and react in real-time to prevent card breaches. By utilizing Elastic SOC®, Southern Coastal’s customers are protected with managed firewalls, a detailed audit record of everything that occurs on the back office systems and terminals, and real-time alerts when suspicious activity occurs.” In retail and restaurant businesses, credit cards are the most discussed type of fraud and typically aren’t identified for 3-6 months after the initial intrusion.  However, these environments also allow for potential breach of employee information including social security numbers and payroll information. Southern Coastal Chief Executive Officer, Jason Cummins said, “Cyber attacks are only getting worse, with new vulnerabilities being identified daily. Preventive measures are a necessary to be in place but shouldn’t be the only defense. Preventive measures...

Trusted Metrics Named a Finalist for the 2015 Red Herring Top 100 North America Award

Red Herring Award Highlights Most Promising Technology Start-Ups in North America Raleigh, NC – May 18, 2015 – Trusted Metrics, Inc. announced today it has been selected as a finalist for Red Herring’s Top 100 North America award for 2015, a prestigious list honoring the year’s most promising private technology companies from the North American business region. Red Herring has been selecting the most exciting and promising start-ups and “scale ups” since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company’s addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management’s expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence process. The list of finalists often includes the best performing and prominent companies of that year. “This award recognizes the value and marketability of our Elastic Security Operations Center Platform (Elastic SOC®) and the amazing things that we have been able to do for our clients in the past 5 years” said Trusted Metrics’ Founder and CEO Michael Menefee. “By fulfilling our goal of reducing operational costs and providing flexible solutions for security operations management, we have successfully filled the void left by current market leaders; offering flexible, extensible and affordable ways to provide a single web-based console that provides complete visibility into an organizations’ assets, vulnerabilities and real-time events.” This unique assessment of potential is supplemented by a review of the company’s actual track record and standing, which...

Trusted Metrics Inc. and Secuvant, LLC Partner to Bring Virtual Security Operations Center to the SMB Market

The SMB market is grossly underserved in matters of cyber security. Typically, the resources required to deliver a successful security platform far exceed any perceived benefits by customers in the SMB space. Businesses are now learning the tough lessons of not including cyber security protection as part of their IT plans. Trusted Metrics has worked tirelessly to expand the capabilities of our solution, while reducing the overall cost when compared to traditional cloud-based or on-premise products. This makes our platform a perfect fit for Secuvant and their clients.

Trusted Metrics Inc. Announces Elastic Security Operations Center for Managed Service Providers

Enhancing a Managed Service Provider’s suite of solutions with the highest quality SIEM platform on the market has always been our goal. A provider can white-label Elastic SOC® and offer their customers the highest level of security monitoring and liability protection through a virtual platform. With limitless scalability, it’s faster, more robust and cheaper than any other solution available today.

Trusted Metrics Signs Agreement to Integrate Emerging Threats Products for Comprehensive Malware Coverage and IP and Domain Reputation

The Managed Visibility Platform (MVP) is Enhanced by Combining the ETPro® Ruleset and IQRisk® Rep List for Global Threat Detection, Analysis and Prevention Trusted Metrics Inc., an Information Security services firm headquartered in Raleigh, North Carolina, and Emerging Threats, a world-leading provider of commercial and open source threat intelligence, today announced a licensing agreement for the ETPro® Ruleset and IQRisk® Rep List to deliver comprehensive malware protection and actionable threat intelligence to Trusted Metrics’ Managed Visibility Platform. The Trusted Metrics’ Managed Visibility Platform delivers a powerful cloud-based event correlation platform, top-notch network enterprise visibility, and situational awareness to any organization at a fraction of the cost of deploying currently available intrusion detection systems, centralized logging, and SIEM technologies. The Emerging Threat ETPro Ruleset delivers the highest level of major malware coverage and contains an average of 19,000 malware rules and is updated daily, ensuring the most comprehensive and up-to-date malware protection. IQRisk Rep List is based on over a decade of threat intelligence data collection containing an extensive library of hundreds of millions of IP addresses and domains with years of historical data and over 40 categories of reputation. IQRisk Rep List is non-aggregated, and delivers accurate and trusted data that is gathered through global resources and is exclusively collected and maintained by Emerging Threats. The frequency of malware and other malicious threats have reached epidemic proportions and are becoming more complex, making them harder to detect. These threats cost organizations billions of dollars a year in lost revenue and damaged reputation to the brand. The daily barrage of these threats also results in a significant cost of doing...

Trusted Metrics Secures Extended Seed Funding

Financing by the Ballast Fund and Wilmington Investor Network Fuels Product Development and Team Growth Raleigh, NC — Today, Trusted Metrics Inc., an Information Security services firm headquartered in Raleigh, North Carolina, announced the successful extension of a Seed Round of financing.  Led by the Ballast Fund and Wilmington Investor Network (WIN), the funds will support product development and additional staffing requirements to achieve Trusted Metrics’ 2014 strategic growth plan. Trusted Metrics’ Founder and CEO, Michael Menefee said, “The additional capital contribution provides us with the resources needed to further enhance our first-class, cloud-based network security and data analytics platform.  We are excited to have both organizations represented on our Board of Directors; each group brings a wealth of knowledge in the IT services marketplace.”   Trusted Metrics’ Managed Visibility Platform (MVP) provides organizations with a next-generation, cloud-based SIEM platform that provides increased performance at a reduced cost when compared with traditional on-premise products. The MVP platform allows organizations of any size to incorporate centralized log correlation, Intrusion Detection, asset management, vulnerability management and Network Performance Management into a single console.   About Trusted Metrics Inc.: Trusted Metrics Inc. (www.trustedmetrics.com) is a privately held, investor-backed Information Technology (IT) services provider headquartered in Raleigh, NC.  Founded by industry veterans in 2011, Trusted Metrics provides an IT Security management platform for government, higher education, industrial and commercial customers around the country.  Already processing trillions of events per day for our clients, Trusted Metrics focuses on enabling enterprise visibility and rapid response by consolidating networking, systems, application and security event information, thereby providing clients with actionable and reliable metrics and reporting.  ...

Media Contact

Marco Muto
Chief Operating Officer
marco@trustedmetrics.com
(267) 291-4661