IronNet, Founded by Former NSA Director, Shuts Down

IronNet, a once-promising cybersecurity startup founded by a former NSA director and funded by cyber and defense investors, has shuttered and laid off its remaining staff following its collapse. From a report: In a regulatory filing published Friday, IronNet's president and chief financial officer Cameron Pforr said the company had ceased all business activities as it prepares for Chapter 7 bankruptcy, effectively liquidating the company's remaining assets to pay its remaining debts. The Virginia-based IronNet was founded in 2014 by retired four-star general Keith Alexander, soon after he departed as the former director of the National Security Agency during the biggest leak (at the time) of government secrets by former contractor Edward Snowden. IronNet provided corporations and government agencies with technologies aimed at helping to defend against cyber threats, and using large data sets and analytics to automate threat intelligence. Its other products were designed to protect critical infrastructure.

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