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CounterTack Appoints Two New Board Members

Dmitri Alperovitch and Alex Doll join CounterTack's Board of Directors to help guide the industry's first and only cyber attack intelligence and response provider

CounterTack, the industry’s first and only provider of in-progress cyber attack intelligence and response solutions, today announced the appointment of industry veterans Dmitri Alperovitch and Alex Doll to its Board of Directors. CounterTack offers the fastest detection and deepest attack intelligence available, enabling customers to take control over the impact of an attack while it’s happening. Last month, the company raised $9.5 million in funding and unveiled a team of experienced information security experts to pave the way in solving the industry’s most critical problem – threats that have already penetrated traditional defense mechanisms to invade government and enterprise networks. “The expansion of CounterTack’s Board of Directors to include Dmitri Alperovitch, a widely respected cyber defense expert and Alex Doll, an acclaimed serial entrepreneur, adds further depth to a team that’s already primed to meet the critical need for enterprise and government organizations to approach security in a completely new way,” said Neal Creighton, chief executive officer, CounterTack. “The far-reaching industry experience and stellar reputations of both made their addition to the board an easy decision.”

Alperovitch is a renowned computer security researcher, thought-leader on cyber security policies and issues and president of Asymmetric Cyber Operations LLC. As former vice president of Threat Research at McAfee, he led the company’s Internet threat intelligence analysis, correlation and visualization. As a recognized authority on online organized criminal activity, cyber espionage, cyber warfare and cyber security, Alperovitch has significant experience working as a subject matter expert with all levels of U.S. and international policy makers, intelligence and law enforcement agencies on analysis, investigations, and profiling of transnational organized criminal activities and cyber threats from terrorist and nation-state adversaries. In 2010 and 2011, Alperovitch led the global team that investigated, brought to light and named groundbreaking cyber espionage intrusions, including Operation Aurora, Night Dragon and Shady RAT. The former research leader at Secure Computing, Alperovitch also serves on the board of the Georgia Tech Information Security Center (GTISC) Industry Advisory Board. He holds a master's degree in information security and a bachelor's degree in computer science, both from Georgia Institute of Technology.

Doll is a seasoned entrepreneur and investor with a solid track record of building and leading high performance teams. As co-founder and former chief operating officer of PGP Corporation, Doll worked closely with the chief executive officer to set the company’s strategy and drive operational goals across all business functions, leading the company’s evolution from inception to a global industry leader in encryption and data protection. Throughout his tenure with the organization, from founding to sale, Doll served as a member of its Board of Directors. The company was purchased by Symantec in 2010. Doll is currently the entrepreneur in residence at Khosla Ventures. Doll has served on the board of Alpha Card Systems, a reseller of security products and video surveillance systems. Prior to co-founding PGP Corporation, Doll was senior vice president of sales, business development and support at Embark, a Web-based recruitment and admissions software company. Previously, he was involved in the strategic planning and execution of corporate partnering and investment programs for PeopleSoft Inc., and he held various positions in the financial services industry in Silicon Valley, including the investment banking group at Robertson, Stephens & Co. and technology research at Dresdner RCM Capital Management. Doll holds a bachelor’s degree in telecommunications systems engineering and a bachelor’s degree in finance from the University of Pennsylvania. He earned his Master of Business Administration from the Stanford University Graduate School of Business.

In addition to Alperovitch and Doll, the members of CounterTack’s Board of Directors are Retired Admiral William J. Fallon, chairman; Neal Creighton, chief executive officer; Alen Capalik, founder and chief architect; Mark Hatfield, partner at Fairhaven Capital; and Christopher Boies, partner at Boies, Schiller & Flexner LLP.

About CounterTack
CounterTack, the industry’s first and only in-progress attack intelligence and response solution was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. Each year, more than $32 billion is spent worldwide on security technologies, yet motivated cyber attackers are still finding ways to penetrate the most sophisticated, layered defenses. CounterTack solves this problem by offering the fastest detection and deepest attack intelligence available, enabling customers to actively engage with the attacker and take control over the impact of the attack – even while it’s happening.

Founded as NeuralIQ, the company re-launched as CounterTack in 2011, building upon the vision and innovation of NeuralIQ. Based in Waltham, Mass., the privately held company is backed by Fairhaven Capital and a group of private investors.

CounterTack Secures $9.5 Million Series A Funding to Launch the Industry's First In-progress Attack Intelligence and Response Solution

NeuralIQ rebrands as CounterTack with new investor Fairhaven Capital and newly structured executive leadership team

CounterTack, the industry’s first and only provider of in-progress cyber attack intelligence and response solutions, today announced it has secured $9.5 million in a Series A funding round led by Fairhaven Capital and a private group of investors. Formerly known as NeuralIQ, CounterTack was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. CounterTack offers the fastest detection and deepest attack intelligence available, enabling customers to take control over the impact of the attack while it’s happening.

CounterTack named Neal Creighton as CEO, who will lead a veteran executive leadership team, including founder and chief architect Alen Capalik. John Worrall has been named executive vice president of product management and marketing and John Adams as chief technology officer. Rounding out the executive management team is Robert Potter, senior vice president of sales, and Jim Harrison, chief financial officer. For additional details on CounterTack’s leadership team, please see here.

“CounterTack is the culmination of NeuralIQ’s ground-breaking innovation and advanced development of intelligence and active defense tools for cyber security,” said Neal Creighton, CEO of CounterTack. “By applying virtualization technology to information security, CounterTack will bring to market unprecedented levels of network intelligence to identify and mitigate the impact of in-progress cyber attacks.”

CounterTack’s mission is to solve information security’s most critical problem: threats that have already penetrated traditional, layered defense mechanisms to invade commercial and government networks.

“Today’s most sophisticated cyber threats can easily circumvent the most up-to-date and advanced security solutions currently in the market,” said Retired Admiral William J. Fallon, chairman of CounterTack’s board of directors. “Human attack vectors have rendered the traditional walled-fortress approach to network security about as effective for enterprise as the Maginot Line was during World War Two. For that reason, CounterTack is taking a completely different tack to information security that will offer true visibility into in-progress attacks, while affording targets of cyber crime and espionage an opportunity to actively respond in real-time.”

As former head of both U.S. Central Command and U.S. Pacific Command, Admiral Fallon has gained insight into the role of cyber security in protecting our nation’s most sensitive communications and critical assets.

“Despite $32 billion spent annually on cyber security products, hackers are still getting through the gates, costing business more than $7 million dollars per breach on average,” said Mark Hatfield, partner at Fairhaven Capital. “CounterTack’s application of virtualization technology to information security is about to change that equation dramatically by putting government and enterprise a step ahead of would-be hackers.”

About CounterTack
CounterTack, the industry’s first and only in-progress attack intelligence and response solution was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. Each year, more than $24 billion is spent worldwide on security technologies, yet motivated cyber attackers are still finding ways to penetrate the most sophisticated, layered defenses. CounterTack solves this problem by offering the fastest detection and deepest attack intelligence available, enabling customers to actively engage with the attacker and take control over the impact of the attack – even while it’s happening.

Founded as NeuralIQ, the company re-launched as CounterTack in 2011, building upon the vision and innovation of NeuralIQ. Based in Waltham, Mass., the privately held company is backed by Fairhaven Capital and a group of private investors.

CounterTack Announces Newly Structured Executive Leadership Team

Neal Creighton to lead newly launched company; team of veteran cyber defense experts and top executives to offer first and only cyber attack intelligence and response offering

CounterTack, the industry’s first and only provider of in-progress cyber attack intelligence and response solutions, today announced a new executive leadership team. CounterTack named Neal Creighton as CEO, who will lead a veteran executive leadership team, including founder and chief architect Alen Capalik. John Worrall has been named executive vice president of product management and marketing and John Adams as chief technology officer. Rounding out the executive management team is Robert Potter, senior vice president of sales, and Jim Harrison, chief financial officer.

Formerly known as NeuralIQ, CounterTack was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. The newly formed company raised $9.5 million in Series A funding led by Fairhaven Capital and a private group of investors. CounterTack offers the fastest detection and deepest attack intelligence available, enabling customers to take control over the impact of the attack while it’s happening.

“CounterTack is the culmination of NeuralIQ’s ground-breaking innovation and advanced development of intelligence and response tools for cyber security,” said Neal Creighton, CEO of CounterTack. “We have assembled a team of experienced information security veterans to pave the way in solving the industry’s most critical problem – threats that have already penetrated traditional defense mechanisms to invade government and enterprise networks. By applying virtualization solutions to information security, CounterTack will bring to market unprecedented levels of network intelligence to identify and mitigate the impact of in-progress cyber attacks.”

The CounterTack executive leadership team includes:

Neal Creighton, Chief Executive Officer
Creighton has more than a decade of experience in information security, identity verification, Web authentication markets. As co-founder, president and CEO of GeoTrust, Creighton was responsible for providing the leadership, strategic direction and management for the company. Creighton spearheaded GeoTrust strategically and positioned the company for rapid growth. Creighton led the efforts to raise $24 million in venture financing and sold GeoTrust to VeriSign (NASDAQ: VRSN) for $125 million in September 2006. In addition, Creighton led the spin-off of ChosenSecurity from GeoTrust, which was acquired by PGP, Inc. (now Symantec). Creighton was also co-founder and executive chairman of AffirmTrust LLC, which was acquired by a large security vendor in 2011, and co-founder of RatePoint, Inc., which was named MITX 2010 Social Media Company of the Year for New England. Creighton is a graduate of the United States Military Academy at West Point and holds a Juris Doctorate and Master of Business Administration from Northwestern University. He is also the co-inventor of the domain control authentication patent granted in 2006 and was a Massachusetts High Tech All Star 2010, 40 Under 40 award in New England, three-time Ernst & Young Entrepreneur of the Year finalist and 2007 Sale Side Deal of the Year winner for New England from Mass High Tech.

Alen Capalik, Founder and Chief Architect
Capalik believes that information security is an evolutionary arms race and that the key to victory is adaptability. While serving as network and security architect for banks, financial institutions and national exchanges, he realized that designing security systems to predict human behavior in cyber attacks was a losing proposition. Capalik’s passion for meeting unconventional threats with unconventional technology led him to found NeuralIQ, a company dedicated to creating real-time systems that turn the collective intelligence of attackers into a resource that can be used against them. Capalik most recently served as chief technology officer for Tradeware Global, a leading provider of Order Management Systems software on Wall Street. Prior to Tradeware, he served as network and security architect for CollabNet, a venture capital-funded startup focused on open source software development. Before CollabNet, Capalik worked as Network and Security Architect for Barclays Bank.

John Worrall, Executive Vice President, Product Management and Marketing
With more than 14 years in the information security business, Worrall is responsible for driving CounterTack’s product and go-to-market strategies. Before joining CounterTrack, Worrall served as interim chief marketing officer of ActivIdentity. He previously held the position of vice president and general manager of the security information and event management business unit at RSA, the Security Division of EMC. Prior to EMC’s acquisition of RSA Security, he was their senior vice president of worldwide marketing where he led the company’s global, corporate, and field marketing; product marketing and management; and the RSA Conference business unit. Previously, he served as vice president of product management where he directed the development of product strategy and plans for RSA Security’s authentication and access management solutions. A seasoned high technology veteran, Worrall has held numerous leadership roles in sales, marketing, systems engineering and software development. He holds a Bachelor of Arts degree in economics from Saint Lawrence University.

John Adams, Chief Technology Officer, Vice President, Engineering
With more than 30 years experience in information technology, primarily in the areas of networking and security, Adams is responsible for setting and leading the technical direction and product development for CounterTack. Adams has had extensive experience in the development of hardware and software products, as well as the development of managed services. Most recently, Adams worked in the office of the chief technology officer at Symantec. Previously, he served as chief technology officer of PGP, which was later acquired by Symantec. Prior to PGP, Adams held the role of chief technology officer at ChosenSecurity, a public certificate authority that was spun out of the VeriSign acquisition of GeoTrust in 2006, and acquired by PGP in 2010. In this role he was responsible for setting the technical direction for ChosenSecurity and its wholly owned subsidiary TC TrustCenter, which had been acquired by GeoTrust in 2005. Prior to Chosen Security, Adams led a number of high-profile technology and security teams and held senior executive management positions at GeoTrust, RSA Security and Digital Equipment Corporation. Adams graduated from Harvard University with a Bachelor of Arts degree in mathematics, and also holds a Bachelor of Science and Master of Science in civil engineering from Tufts University, and a doctorate in civil engineering from MIT.

Robert Potter, Senior Vice President, Sales
Potter is a proven sales executive with experience building high performance sales team in commercial and US Federal Government markets, with a consistent track record of exceeding revenue objectives. As senior vice president, sales, Potter is responsible for building and managing CounterTack’s sales operations. He most recently served as vice president and director of Federal Security for RSA Federal Operations, EMC Corporation. Under Potter’s leadership his department experienced year-over-year growth as high as 73 percent for four consecutive years. Prior to his work at RSA, Potter was sales director at Digital Harbor. His sales track record includes successful management tenures at Jacada Software, WRQ, Inc. and IBM. He also founded his own startup company, raising $4 million in funding for Sport Tech Solutions, where he developed strategic partnerships with Nike, AT&T, U.S. Olympic Program and the NCAA. Potter earned his Bachelor of Science degree in computer science at Quinnipiac University.

Jim Harrison, Chief Financial Officer
Harrison brings a wealth of experience in financial management and business operations to CounterTack. As chief financial officer, he directs all financial and administrative functions for the organization. A seasoned expert in building the financial foundation for early stage ventures, Harrison has spent the majority of his career serving in executive financial roles at start-up technology companies, and has helped to procure more than $25 million in venture capital funds. By controlling expenses while streamlining sales processes, he has achieved early, positive cash flows, which have resulted in a number of positive liquidation events. Most recently, Harrison served as sales operations leader at EXFO Inc. He previously held the position of vice president and director of business operations at Workscape. Prior to Workscape, Harrison served as chief financial officer and controller at RatePoint. He has also held executive roles at early stage companies including Chosen Security, GeoTrust and CyberTrust. Formally, Harrison served as director of business operations at BBN Genuity. Harrison has completed Master of Business Administration coursework at Babson College and holds a Bachelor of Science degree in accounting from University of Massachusetts Lowell.

About CounterTack
CounterTack, the industry’s first and only in-progress attack intelligence and response solution was born out of the critical need for enterprise and government organizations to approach security in a completely different way – combating advanced persistent threats with a new line of defense. Each year, more than $24 billion is spent worldwide on security technologies, yet motivated cyber attackers are still finding ways to penetrate the most sophisticated, layered defenses. CounterTack solves this problem by offering the fastest detection and deepest attack intelligence available, enabling customers to actively engage with the attacker and take control over the impact of the attack – even while it’s happening.

Founded as NeuralIQ, the company re-launched as CounterTack in 2011, building upon the vision and innovation of NeuralIQ. Based in Waltham, Mass., the privately held company is backed by Fairhaven Capital and a group of private investors.

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Please email press@countertack.com

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