Riverside’s Deepbits Dig Deep to Stop Cyberattacks

Published: 21/10/2022

The Town of Riverside is proud to support National Cyber ​​Security Awareness Month and the local businesses that work tirelessly to keep us safe. According to Cybersecurity Ventures, businesses around the world fall victim to cyberattacks every 14 seconds. This means that the level of auditing required to probe internal software for unknown threats has exceeded the resources and capabilities of most organizations.

“There is a critical need for cybersecurity strategies and systems to identify and mitigate these threats at the earliest stage of the software development lifecycle and at the lowest levels possible,” said Heng Yin, founder and CEO of startup Deepbits. Technology based in Riverside. “That’s where we come in to uncover various threats in cloud services.”

In 2016, after leaving Syracuse University to take up a full professorship in the Department of Computer Science and Engineering at the University of California, Riverside, Yin came up with the idea of ​​commercializing the intriguing research on the software security of his laboratory. One of his doctorates. student, Xunchao Hu, teamed up with him as CTO, and together they launched Deepbits in 2017.

“I’ve always had a passion for putting my research into practice,” Yin said.

Yin’s passion has led to the development of a next-generation threat management platform that uses artificial intelligence (AI), specifically deep learning, to eliminate vulnerabilities, malware, and code plagiarism . What makes the technology unique is that the platform can accomplish this in minutes, from one place, and without the need for source code.

When Yin and Hu set out to build Deepbits, they faced many challenges, including a lack of funding and business acumen in a growing competitive cybersecurity industry. To help overcome these hurdles, Deepbits was invited into the ExCITE Riverside incubator run by UCR. From there, Deepbits won awards from the Office of Naval Research and the National Science Foundation for keeping them afloat. Meanwhile, ExCITE provided the startup with office space and connected it with mentors to show it the ropes.

“We continue to learn a lot from our mentors and feel lucky to have a home at ExCITE,” said Yin, who moved Deepbits to the incubator’s new location in downtown Riverside.

With the help of ExCITE, Deepbits was able to secure a city grant to help pay for their patents. Deepbits then built an AI-powered platform that generates software bill of materials (SBOM) directly from application binaries to firmware images and continuously protects by integrating with the software lifecycle. software supply chain. They secured additional funding from a private investor and plan to seek venture capital this year as part of a funding round.

Yin said it’s been an incredibly exciting time to be in the cybersecurity space as a startup that has something valuable to offer.

“It’s very important in terms of critical infrastructure and national security,” he said.

Deepbits technology was recently accepted into Amazon’s AWS Marketplace, an online software store for qualified partners. Yin said Deepbits will operate its neighboring startups at ExCITE as the first trial user group.

“With cybersecurity threats on the rise, I am proud that a defender like Deepbits is doing everything it can to stop attacks in their tracks from Riverside,” said Riverside Mayor Patricia Lock Dawson. “A tenacious startup like Deepbits greatly enhances our region’s cybersecurity capabilities and growth potential.”

To learn more about Deepbits technology, visit www.deepbitstech.com.

Margie D. Carlisle