Fundraising Fox

Blue Hexagon

Acquired

Sunnyvale, US · Founded 2017 · Delaware corporation · 3 known investors

Acquired by Qualys October 2022 · $10M · source ↗

Deep-learning network and cloud threat-detection company whose assets and staff were acquired by Qualys in 2022.

CybersecurityEnterprise Software

Founders & leadership

Blue Hexagon was founded in 2017 by Nayeem Islam and Saumitra Das.

NI
Nayeem IslamCo-founder and CEOMachine-learning and security executive; later VP of product management for threat analytics at Qualys.
SD
Saumitra DasCo-founder and CTOSecurity and ML engineer with extensive patent and research record; joined Qualys engineering leadership.

Board

EVEric Vishria
Eric Vishriain𝕏Board directorGeneral Partner at Benchmark

Investors · 3

Reported raises · per SEC filings

Form D private placements

$5.9M disclosed across 1 of 2 rounds · 2017–2019

$5.9MraisedOct 2017 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric VishriaDirector
  • Nayeem IslamExecutive Officer, Director, Promoter
Offering amount
$6M
Amount sold
$5.9M
First sale
Sep 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Founded by former Qualcomm machine-learning and security leaders Nayeem Islam and Saumitra Das, Blue Hexagon emerged from stealth in 2019 with an appliance and software platform that inspected network and cloud traffic and classified threats on first encounter. The company later positioned the system as Cloud Threat Detection and Response for public-cloud, container, storage and network telemetry. Qualys acquired specified assets for $10 million in cash on October 4, 2022, hired all employees, and folded the technology into its Cloud Platform, VMDR, EDR/XDR and threat-analytics work; this was an asset acquisition, not clearly a purchase of every corporate share.

Founding story

Islam and Das applied experience from Qualcomm, IBM, Microsoft Research, Intel and US-CERT to build deep-learning security classification able to act at network speed.

Business model

Enterprise cybersecurity software sold to security teams, initially via appliances/software and later cloud threat-detection deployments.

Enterprise subscription or license contracts; historical prices and revenue were not disclosed.

Traction

Raised $37 million, had about 30 staff when it emerged from stealth, named Heffernan Insurance as an early public customer, and reported a perfect result in a PCSL evaluation; buyer filings say the acquired business contributed only a few hundred thousand dollars of Q4 2022 revenue.

Latest developments

Qualys subsequently described using Blue Hexagon technology to extend cloud-scale deep-learning AI and predictive threat analytics across its platform.

Full profile — market position, technology, go-to-market, geography, history, ownership, risks & controversies

Market position

Venture-backed network detection and response / cloud threat detection startup ultimately acquired for technology and talent by Qualys.

Claimed detection of unknown and zero-day threats without signatures or sandbox delays, with real-time blocking and broad cloud/network coverage.

Technology

Deep neural networks trained on diverse malicious and benign samples; agentless inspection of network, container, storage and cloud telemetry; first-encounter classification in sub-second timeframes.

Go-to-market

Direct enterprise sales and security-channel relationships, supported by independent efficacy testing and public reference customers.

Large enterprises adopting public cloud and organizations needing high-speed network malware and threat detection.

Financial services, cloud-intensive enterprises, security operations teams and regulated organizations.

Geography

US-headquartered enterprise vendor; product addressed public-cloud and network environments globally.

History

Founded in 2017; raised a $6 million Benchmark-led Series A that October; emerged from stealth after a $31 million Benchmark/Altimeter Series B in February 2019; shifted messaging from network threat protection toward cloud threat detection and response; sold certain assets to Qualys for $10 million cash in October 2022 and the full team joined Qualys.

Ownership

Qualys owns the acquired Blue Hexagon assets and employs the transferred team; the residual status of Blue Hexagon Inc. is not publicly documented.

Risks & controversies

The $10 million asset price was far below disclosed venture capital raised; historical efficacy figures were largely vendor claims or a commissioned test. Exact revenue, customer count, valuation, cap table and residual corporate disposition are undisclosed.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Asset purchase priceOct 2022$10M
Employee countFeb 201930 employees
HeadcountFeb 201930
Q4 2022 revenue contributionDec 2022a few hundred thousand dollars
Total fundingFeb 2019$37M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Customers & partners

Named customers · 1

Heffernan Insurance

Relationships the company or its partners disclosed publicly — case studies, joint announcements, press.

Timeline · 3

launches, deals, and filings
Oct 2022
Qualys acquires certain Blue Hexagon assets

$10 million cash asset purchase; all employees joined Qualys and technology was slated for platform integration.

source ↗

Feb 2019
Company emerges from stealth

Publicly launched its deep-learning network threat-protection platform alongside Series B financing.

source ↗

Jan 2017
Blue Hexagon founded

Founded by Nayeem Islam and Saumitra Das.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 2

corporate structure
Blue HexagonDelaware
Blue Hexagon Inc.Delaware, US · residual status unknown after asset sale

Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Blue Hexagon do?
Deep-learning network and cloud threat-detection company whose assets and staff were acquired by Qualys in 2022.
Who founded Blue Hexagon?
Blue Hexagon was founded by Nayeem Islam, Saumitra Das in 2017.
Who are Blue Hexagon's investors?
Blue Hexagon's investors include Altimeter Capital, Harrison Metal, Benchmark.
How much funding has Blue Hexagon raised?
Blue Hexagon has disclosed $5.9M raised across 1 of its 2 known rounds.
Where is Blue Hexagon headquartered?
Blue Hexagon is headquartered in Sunnyvale, US.