Materialize scores $40 million investment for SQL streaming database

Materialize, the SQL streaming database startup built on top of the open source Timely Dataflow project, announced a $32 million Series B investment today led by Kleiner Perkins with participation from Lightspeed Ventures. While it was at it, the company also announced a previously unannounced $8 million Series A from last year that had been […] Continue reading Materialize scores $40 million investment for SQL streaming database

Cato Network snags $130M Series E on $1B valuation as cloud wide area networking thrives

Cato Networks has spent the last five years building a cloud-based wide area network that lets individuals connect to network resources regardless of where they are. When the pandemic hit, and many businesses shifted to work from home, it was the perfect moment for technology like this. Today, the company was rewarded with a $130 […] Continue reading Cato Network snags $130M Series E on $1B valuation as cloud wide area networking thrives

Hasura raises $25 million Series B and adds MySQL support to its GraphQL service

Hasura, a service that provides developers with an open-source engine that provides them a GraphQL API to access their databases, today announced that it has raised a $25 million Series B round led by Lightspeed Venture Partners. Previous investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund also participated in this round. […] Continue reading Hasura raises $25 million Series B and adds MySQL support to its GraphQL service

Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT

Laiye, a Chinese startup that offers robotic process automation services to several major tech firms in the nation and government agencies, has raised $42 million in a new funding round as it looks to scale its business. The new financing round, Series C, was co-led by Lightspeed Venture Partners and Lightspeed China Partners. Cathay Innovation, […] Continue reading Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT

Where top VCs are investing in open source and dev tools (Part 2 of 2)

In part two of a survey that asks top VCs about exciting opportunities in open source and dev tools, we dig into responses from 10 leading open-source-focused investors at firms that span early to growth stage across software-specific firms, corporate venture arms and prominent generalist firms. Where top VCs are investing in open source and […] Continue reading Where top VCs are investing in open source and dev tools (Part 2 of 2)

Arceo.ai raises $37 million to expand cyber insurance coverage and access

Critical cyber attacks on both businesses and individuals have been grabbing headlines at an alarming rate. Cybersecurity has moved from a background risk for enterprises to a critical day-to-day threat to business operations, forcing executive teams to pour time and hundreds of billions in capital into monitoring and prevention efforts. Yet even as investment in […] Continue reading Arceo.ai raises $37 million to expand cyber insurance coverage and access

Conflura snags $9M Series A to help stop cyber attacks in real time

Just yesterday, we experienced yet another major breach when Capital One announced it had been hacked and years of credit card  application information had been stolen. Another day, another hack, but the question is how can companies protect themselves in the face of an onslaught of attacks. Conflura, a Palo Alto startup wants to help […] Continue reading Conflura snags $9M Series A to help stop cyber attacks in real time

Arrcus snags $30M Series B as it tries to disrupt networking biz

Arrcus has a bold notion to try and take on the biggest names in networking by building a better networking management system. Today it was rewarded with a $30 million Series B investment led by Lightspeed Venture Partners. Existing investors General Catalyst and Clear Ventures also participated. The company previously raised a seed and Series […] Continue reading Arrcus snags $30M Series B as it tries to disrupt networking biz

A 23-year-old B2B company has shown how keen India is for tech IPOs

Away from the limelight of the press and the frenzy of fundraising, a tech startup in India has achieved a feat that few of its peers have managed: going public. IndiaMART, the country’s largest online platform for selling products directly to businesses, raised nearly $70 million in a rare tech IPO for India this week. […] Continue reading A 23-year-old B2B company has shown how keen India is for tech IPOs

Exabeam rakes in $50 million investment for SIEM platform

Exabeam, a company that provides a platform for monitoring network data for threats, announced $50 million in a Series D funding round on Tuesday. The round brings its total investment funding to $115 million. The company offers a security information and event management (SIEM) platform. SIEM products essentially aggregate security-related events — such as log-ins and malware activity — from across a network’s infrastructure and analyzes the collected data to inform network administrators and present possible counteraction. Exabeam’s says its product, called the Security Intelligence Platform, uses machine learning for comprehensive threat detection and is scalable to meet a customer’s specific network needs. It says the platform can secure various aspects of an enterprise, including cloud services, machines and internet-of-things devices. As network infrastructures grow more complex, the amount of data that a SIEM can log is skyrocketing, Exabeam says, which is making the use of SIEM products that price […]

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Continue reading Exabeam rakes in $50 million investment for SIEM platform