ThetaRay

Hod HaSharon , Israel, and offices in New York and Singapore, ThetaRay is a cyber security and big data analytics company . The company provides a platform for the detection of unknown threat and risks to protect critical infrastructure [1] and financial services. The platform is also used to uncover unknown opportunities based on big data. [2] The company uses patented mathematical algorithms developed by the company founders. [3]

History

ThetaRay was founded in 2013 by Amir Averbuch and Ronald Coifman . [4] Averbuch is a professor of computer science at Tel Aviv University with a research focus on big data processing and analysis. [5] [6] Coifman is a professor of mathematics at Yale University and recipient of the 1999 National Medal of Science . His main research focus is on efficient computation and numerical analysis. [7] Mark Gazit, an international security expert and serial startup entrepreneur, [8] [9] is co-founder and CEO of ThetaRay. [10]

In June 2013, ThetaRay raised its seed funding from Jerusalem Venture Partners (JVP) as part of their cyber security portfolio. [11] Two months later, General Electric (GE) joined JVP as an investor [12] and ThetaRay launched its Advanced Analytics Platform for big data. [13] It was Followed by operational risk solutions for financial organisms in April 2015. [14] In July 2015, ThetaRay year ouvert office in New York [15] and two months later lancé icts Credit Risk Detection Model for online lending . [16] In December 2015, ThetaRay and PricewaterhouseCooperssigned a Joint Business Relations agreement. [17] [18] ThetaRay HAS customers Such As ING Group That you purchased ThetaRay’s Advanced Analytics solution for fraud detection. [19] ThetaRay opened in Singapore in July 2016. [20]

Awards

  • Winner of the 2014 Red Herring Top 100 Award , Sector Security [21]
  • Winner of the 2014 TiE50 Award [22]
  • Winner of the 2014 Global Frost & Sullivan Entrepreneurial Company of the Year Award [23]
  • Named Gartner Cool Vendor in Security for Technology and Service Providers, 2015 [24]

See also

  • Big Data

References

  1. Jump up^ “ThetaRay launches US office” . Security Info Watch. July 13, 2015 . Retrieved 26 October 2016 .
  2. Jump up^ “Overwiew Company of TheaPays Ltd” . Bloomberg . October 21, 2016 . Retrieved 26 October 2016 .
  3. Jump up^ “ThetaRay Advanced Analytics Platform” . SC Magazine. 2 May 2016. Retrieved 26 October 2016 .
  4. Jump up^ “Israel’s ThetaRay turns to maths to detect cyber threats” . Reuters . October 21, 2014 . Retrieved 26 October 2016 .
  5. Jump up^ “Amir Averbuch” . Tel Aviv University . Retrieved 27 October 2016 .
  6. Jump up^ “Mathematics Genealogy Project” . North Dakota State University . Retrieved 26 October 2016 .
  7. Jump up^ “Ronald Coifman, Ph.D., University of Geneva, 1965” . Yale University . Retrieved 26 October 2016 .
  8. Jump up^ “Buy SkyVision Shay Livnat for $ 4 Million” . Israel News. July 13, 2006 . Retrieved 26 October 2016 .
  9. Jump up^ “Mark Gazit” . Bloomberg . October 21, 2016 . Retrieved 27 October2016 .
  10. Jump up^ “10 security start-ups to watch” . Network World. June 30, 2014 . Retrieved 26 October 2016 .
  11. Jump up^ “Start-ups ride to cybersecurity wave into Israel” . Times of Israel. 17 June 2013 . Retrieved 26 October 2016 .
  12. Jump up^ “Cyber ​​Security firm ThetaRay investment bags from General Electric”. Venture Capital Post. August 5, 2013 . Retrieved 26 October 2016 .
  13. Jump up^ “Cool Startup: ThetaRay” . Bizety. April 19, 2014 . Retrieved 26 October 2016 .
  14. Jump up^ “Finding Fraud, Cyberthreats When You Do not Know Where to Look”. American Banker . April 15, 2015 . Retrieved 26 October 2016 .
  15. Jump up^ “US Office ThetaRay Launches and North American Push” . Infosecurity Magazine. July 14, 2015 . Retrieved 26 October 2016 .
  16. Jump up^ “ThetaRay Presents its Fraud and Credit Risk, Big Data Analytics Program” . Finovate. September 17, 2015 . Retrieved 27 October 2016 .
  17. Jump up^ “PwC and ThetaRay Sign Joint Business to Minimize Critical Risks” . ForwardGeek. December 2, 2015 . Retrieved 27 October 2016 .
  18. Jump up^ “PwC, ThetaRay Partner on Data Analytics” . eWeek . October 12, 2015 . Retrieved 26 October 2016 .
  19. Jump up^ “ThetaRay Signs with ING Netherlands to Detect SME Lending Fraud”. Finovate. 20 June 2016 . Retrieved 27 October 2016 .
  20. Jump up^ “SG Dealbook: ThetaRay opens office; Noble rights issue oversubscribed” . DealStreetAsia. 27 July 2016 . Retrieved 26 October2016 .
  21. Jump up^ “2014 Red Herring Europe Top 100 Winners” . Red Herring . Retrieved 26 October 2016 .
  22. Jump up^ “2014 TiE50 Winners” . TiE . Retrieved 26 October 2016 .
  23. Jump up^ “Frost & Sullivan Applauds ThetaRay’s Breaking Path, Context-free Intrusion Detection Technology for the Industrial Internet and Financial Institutions” . Frost & Sullivan . February 10, 2015 . Retrieved 26 October 2016 .
  24. Jump up^ “Cool Vendors in Security for Technology and Service Providers, 2015”. Gartner . April 23, 2015 . Retrieved 27 October 2016 .