Category Archives: Bessemer Venture Partners

Announcing the agenda for TC Sessions: Enterprise | San Francisco, September 5

Posted on by

TechCrunch Sessions is back! On September 5, we’re taking on the ferociously competitive field of enterprise software, and thrilled to announce our packed agenda, overflowing with some of the biggest names and most exciting startups in the enterprise industry. And you’re in luck, because $249 early-bird tickets are still on sale — make sure you […] Continue reading Announcing the agenda for TC Sessions: Enterprise | San Francisco, September 5→

The Exit: an AI startup’s McPivot

Posted on by

Five years ago, Dynamic Yield was courting an investment from The New York Times as it looked to shift how publishers paywalled their content. Last month, Chicago-based fast food king McDonald’s bought the Israeli company for $300 million, a source told TechCrunch, with the purpose of rethinking how people order drive-thru chicken nuggets. The pivot […] Continue reading The Exit: an AI startup’s McPivot→

Scytale grabs $5M Series A for application-to-application identity management

Posted on by

Scytale, a startup that wants to bring identity and access management to application-to-application activities, announced a $5 million Series A round today. The round was led by Bessemer Venture Partners, a return investor which led the company’s previous $3 million round in 2018. Bain Capital Ventures, TechOperators and Work-Bench are also participating in this round. […] Continue reading Scytale grabs $5M Series A for application-to-application identity management→

Axonius raises $13 million to boost product that tracks connected devices

Posted on by

You’d be hard pressed to find someone in charge of an enterprise’s information security efforts who finds it easy to monitor all the connected devices sitting on the network. New York-based Axonius understands this, which is why it created a platform that allows CISOs to automatically boot these devices off a network if they don’t fit with the enterprise’s security policies. The company is building its business around the platforms, thanks to a new funding raise. The company announced a $13 million series A funding Tuesday, led by Bessemer Venture Partners. There was also participation from existing investors YL Ventures, Vertex, WTI and Emerge. The company says the platform differs from similar products due to its ease of installation, as well as the automation built into the product. Axonius says enterprises don’t have deploy an agent, a piece of software that is put on each device in similar solutions. Additionally, the company claims the product […]

The post Axonius raises $13 million to boost product that tracks connected devices appeared first on CyberScoop.

Continue reading Axonius raises $13 million to boost product that tracks connected devices→

Tech startups are making security moves sooner. They don’t have much of a choice.

Posted on by

For David Cowan, the tipping point was a cyberattack from Anonymous. Cowan, a venture capitalist at Bessemer Venture Partners, had spent years asking startup founders what they planned to do if hackers targeted their business. Often, the founders on the other side of the boardroom would shrug and say, “We don’t hold any personal information, so they don’t need to come after us.” That changed, he said, after the email marketing company SendGrid was hit in 2013 with a denial-of-service attack that ultimately caused about 20 percent of the young company’s clients to walk away, not too long after Bessemer had led a $21 million funding round for the company The attack occurred after an employee, Adria Richards, publicly complained that a developer from the gaming company Playhaven made sexual remarks in the audience at the 2013 PyCon tech conference. Playhaven fired the employee, infuriating an online mob that sent Richards death threats. Anonymous got involved too, […]

The post Tech startups are making security moves sooner. They don’t have much of a choice. appeared first on CyberScoop.

Continue reading Tech startups are making security moves sooner. They don’t have much of a choice.→

Funding news: Hysolate cybersecurity $18M B Round-solves security vs. productivity problem

Posted on by

Hysolate Secures $18M Series B Round for Disruptive Cybersecurity Isolation Platform Bessemer and Innovation Endeavors Lead Round to Accelerate Growth of Software-Defined Endpoints Pioneer New York City, NY – October 3, 2018 – Hysolate, pioneer of soft… Continue reading Funding news: Hysolate cybersecurity $18M B Round-solves security vs. productivity problem→

PagerDuty raises $90M to wake up more engineers in the middle of the night

Posted on by

PagerDuty, the popular service that helps businesses monitor their tech stacks, manage incidents and alert engineers when things go sideways, today announced that it has raised a $90 million Series D round at a valuation of $1.3 billion. With this, PagerDuty, which was founded in 2009, has now raised well over $170 million. The round […] Continue reading PagerDuty raises $90M to wake up more engineers in the middle of the night→

Verodin raises $21 million Series B round for automated red-teaming

Posted on by

Verodin, a company that provides automated security testing services, announced on Tuesday that it brought in $21 million for its Series B funding round. Based in McLean, Va., Verodin provides a product called the Security Instrumentation Platform, which continuously tests the security of a customer’s network by acting as an attacker. The platform simulates ways to exploit vulnerabilities and notes how well the customer’s email, cloud and network controls worked. “This capability enables enterprises to quantifiably validate if their controls are actually protecting their business-critical assets, providing resiliency and keeping them safe,” the company said in a press release. Ultimately, the goal is for organizations to determine whether the security services they’re paying for are actually doing their jobs. The funding round was led by TenEleven Ventures and Bessemer Venture Partners with participation from Capital One Growth Ventures, Citi Ventures and Verodin’s past investors. The round brings the company’s total […]

The post Verodin raises $21 million Series B round for automated red-teaming appeared first on Cyberscoop.

Continue reading Verodin raises $21 million Series B round for automated red-teaming→

Kenna Security raises $26 million in latest funding round

Posted on by

Risk intelligence and vulnerability detection company Kenna Security on Tuesday announced $26 million in its Series C funding round. Kenna bills itself as a leader in predictive cyber risk, providing a platform that identifies threats in an organization’s networks. Their product identifies which threats pose the highest risk, allowing the customer to prioritize fixes. The company says the Kenna Security Platform uses machine learning to predict the probability that a vulnerability will be exploited, based on visibility of the vulnerability in the wild. “Kenna sees a world where teams work in collaboration to quickly and easily measure risk, prioritize remediation, and make a substantive difference in efficacy across the global attack surface and this investment is an endorsement of what we have achieved and our vision for the future,” said CEO Karim Toubba. The funding round, led by Bessemer Venture Partners, brings Kenna’s total venture capital funding to $50 million since the San Francisco company was founded […]

The post Kenna Security raises $26 million in latest funding round appeared first on Cyberscoop.

Continue reading Kenna Security raises $26 million in latest funding round→

Email marketer SendGrid up 13% following IPO

Posted on by

 Marketing email company SendGrid had a decent first day on the New York Stock Exchange on Wednesday. After pricing shares at $16, the company closed at $18.03, or up almost 13%. The Denver-based company had raised $131 million after pricing its IPO at $16, above the expected range of $13.50 to $15.50. SendGrid also upsized its IPO, selling 8.2 million shares, instead of 7.7 million.… Read More Continue reading Email marketer SendGrid up 13% following IPO→