What is HYAS?
Founded in 2014 and headquartered in Victoria, British Columbia, HYAS specializes in security software and the communication infrastructure related to cyber adversaries. The company's focus on understanding and disrupting adversary infrastructure positions it uniquely within the cybersecurity market. HYAS's technology aims to provide advanced threat intelligence and defensive capabilities by analyzing the communication channels used by malicious actors.
How much funding has HYAS raised?
HYAS has raised a total of $23.7M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$6.2M
Series B
$16M
Angel/Seed (2016): $1.5M with participation from Tim Eades, 205 Capital, M12 - Microsoft, Tom Noonan, Startup Capital Ventures, and Wesley Clover International
Series A (2018): $6.2M led by Tom Noonan, Wesley Clover International, Tim Eades, 205 Capital, M12, and Startup Capital Ventures
Series B (2021): $16M supported by S3 Ventures, Uncorrelated Ventures, M12, Tightline Holdings, Dcode Capital, 205 Capital Gp, Startup Capital Ventures, and Cyber Mentor Fund
Key Investors in HYAS
Wesley Clover International
Wesley Clover International is a private, global investment management firm and holding company based in Canada, providing portfolio management and advisory services.
M12
M12, Microsoft's Venture Fund, invests in enterprise software companies with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies.
Startup Capital Ventures
Startup Capital Ventures is an early-stage venture capital firm based in Menlo Park, California, focusing on capital-efficient investments in B2B technology companies.
What's next for HYAS?
The recent major strategic investment in HYAS signals a pivotal phase for the company, likely enabling accelerated product development, market expansion, and enhanced research into sophisticated cyber threats. This infusion of capital is expected to bolster HYAS's capabilities in providing cutting-edge solutions for enterprise-level security challenges. The company is poised to leverage this backing to further solidify its position as a leader in identifying and mitigating advanced cyber adversary infrastructure.
See full HYAS company page
