Ex-Military Cyber Experts To Take Game-Changing $1.5 Billion Startup Public

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Ex-Military Cyber Experts To Take Game-Changing $1.5 Billion Startup Public
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From hacking tools for U.S. intelligence agencies to software meant to shame companies doing a terrible job at security, QOMPLX is a Beltway unicorn fighting against cyber criminals.

. Yet the U.S. government is flailing for answers to the questions being posed by Russian hackers whose ransomware caused Colonial Pipeline to shut down its pipes and spies who broke into federal agencies’ emails in the infamous SolarWinds attacks, two of myriad major breaches of the last year. Security companies have simultaneously hyped the threat and failed to stop the rise of increasingly destructive attacks.

Crabtree, a former special advisor to the commanding general of the U.S. Army Cyber Command, quit the Defense Department in 2014 and, with former Air Force agent and Iraq war vet Andrew Sellers, cofounded what was then Fractal Industries. They changed the name to QOMPLX as part of a 2019 near-$80 million Series A, led by tech-focused investment company Motive Partners and Cannae Holdings, an investment firm that claims over $1 billion in assets.

Setting it apart as a Beltway outlier, QOMPLX is happy to talk about how its technologies could be used by its government clients for both defensive and offensive hacking operations. Crabtree, who claims NSA and US Cyber Command as customers, admits that his startup’s software could be used for the military’s foreign missions to compromise adversaries’ computers, even if its primary mission is defense. “Would an offensive security team use our tools to go identify vulnerable websites? Yep.

Alejandro Caceres, QOMPLX’s director of computer network exploitation, created PunkSpider in the mid-2010s to highlight bad security practices across major websites.But QOMPLX isn’t going to limit itself to protecting its paying clients.

At the same time as helping the average internet user know whether or not they’re going down a “dark alley” on the web, Crabtree hopes it will publicly shame businesses into doing better. “Part of the reason why ransomware, as an example, is so rampant is because of unforgivable negligence in security programmes,” he says, adding that basic cybercrime is “enabled by this kind of shitty behaviour from corporations that are choosing not to invest in this.

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