ThetaRay Named as a Gartner Cool Vendor in Security for Technology and Service Providers

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Israeli startup ThetaRay, a provider of big data analytics solutions for unknown threat and risk detection, has been included in Gartner’s “Cool Vendors in Security for Technology and Service Providers, 2015” report, published April 23, 2015. The company was recognized for its multi-domain anomaly detection technology, which protects financial institutions and critical infrastructure against cyber attacks, insider threats, fraud, money laundering and other unknown risks.

“We are honored that Gartner recognizes ThetaRay for its solution that helps to protect financial institutions and critical infrastructure against the new wave of known and yet-unknown threats and risks that traditional solutions cannot efficiently detect or defend against, ” said Mark Gazit, CEO of ThetaRay.

Each year, Gartner identifies new Cool Vendors in key technology areas and publishes a series of research reports highlighting these innovative vendors and their products and services. The annual reports highlight emerging vendors that provide innovative technologies warranting attention from prospective customers.

ThetaRay’s core technology is based on state of the art algorithms, which power its proprietary Hyper-Dimensional, Multi-Domain Big Data Analytics platform. Organizations whose operations rely on highly heterogeneous and complex environments leverage ThetaRay’s unmatched detection and low false positive rates as a see-all power that enables them to unify detection and defeat the unknown.

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