In its formal debut to the physical and cyber-physical security market, Vector Flow on Wednesday launched what it bills as the industry’s first AI-enabled, data-centric physical security automation platform.
The company, based here, also announced a $9.2 million Series A funding round led by Silicon Valley’s Mayfield Fund with participation from Foundation Capital.
Vector Flow’s security platform derives intelligence from physical security data by creating domain specific AI and data-centric models to automate major security functions related to physical identity and access operations, SOC automation and cyber-physical security defense, according to a press release.
“As a people first investor, I was impressed by the innovation and rigor that repeat entrepreneurs Ajay and Vik brought to solving the physical cyber security problem for enterprises,” says Navin Chaddha, Mayfield managing director and Vector Flow board member.
Chaddha continues, “By delivering the industry’s first AI-powered physical security automation platform, Vector Flow is solving a big and critical problem, that is protecting CEOs from personal liability for cyber-physical security incidents, something that Gartner has predicted could affect 75% of CEOs by 2024. I look forward to watching Vector Flow grow into a leader who delivers ROI and peace of mind to enterprises.”
“The platform performs real-time analysis to detect anomalies, trends and KPIs, and provides actionable insights, automated remedies and processes,” Jain says.
Jain, who previously co-founded Quantum Secure, comments the physical security industry is plagued with legacy disjointed applications, independent hardware, data stores and custom scripts that work in silo creating inefficiencies and security gaps.
“A benchmark in data-driven security intelligence, the Vector Flow platform enables new levels of automation driving operational efficiencies and significantly reducing corporate risks and costs,” he continues. “In the post pandemic era, the current human-laden physical security world will quickly adopt digital transformation, touchless, and autonomous operations to rely on data to streamline operational processes and fill security gaps.”
The Vector Flow platform is said to be built on a foundation of advanced AI algorithms capable of processing and analyzing vast amounts of data from otherwise disparate security systems, data stores and input devices.
The platform comes with application designer studio and a workbench which can be used by the customer and the systems integrator partner to extend any application running on the Vector Flow platform or to create a completely new application utilizing the platform’s machine learning framework and designer tools without writing any code. This functionality extends the usefulness of any application as business processes change, according to the press release.
The press release lists the following three categories of solutions that run on the new Vector Flow platform:
Physical Workforce Identity Access Management (PIAM) which streamlines identity on/off boarding processes, physical access provisioning, access audits, compliance to regulations and risks analysis. Applications include:
- Unification of Identities, Access and Badges
- Intelligent Access Provisioning: Enforcing Right ID and Right Access
- Perpetual Audit and Remediation for 24/7 Compliance
- Mobile Self-Service for Employees and Partners
- Real-time Identity Risks and Prescriptions
- Real-time Building Occupancy Management & Prediction
- Adaptive Policies for Emergency/Pandemic Access Management
Physical Security Operation Center (SOC) Automation which employs deep AI-based automation for SOC operations and autonomous alarm reduction and reporting, along with multiple functions to optimize overall operations. Applications include:
- False Alarm Reduction
- Unlimited Device Monitoring and Automated Optimization
- Auto Detection of Faulty Devices
- Configuration Automation
- Intelligent SOC Virtual Assistants using Machine Learning Playbooks
It also manages the vulnerabilities of the IoT devices in the physical security and building automation world to prevent cyber surface attacks. Vector Flow’s technology not only will help in automating critical functions of physical security but also provide defense against cyber-physical attacks with an extra layer of security. This category of applications will be available in 2022. Applications include:
- Cyber-Physical Security Defense
- Insider Threats / Breach Detection
- Auto Detection of IoT Device Vulnerabilities
The Vector Flow Platform is comprised of an application design studio and a workbench to build applications utilizing Vector Flow’s integrated data lake and machine learning framework. It comes with visual rules configurator, playbook designer and forms designer to help customers easily extend business applications or write new applications as their business processes change.
The runtime edition of the platform is available now. The developer edition of the platform will be available in 2022.
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