Opal Security Scores $22M Investment for IAM Technology

San Francisco startup gets fresh capital from Battery Ventures to compete in the crowded identity and access management space.
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Funding and M&A News – Enterprise Security Weekly #128

    Paul and Matt discuss some Funding and M&A, such as Elevate Security announces an $8 million series A to alter employee security behavior, Armorblox raises 16.5 million in series A, Bandura Cyber raises 10 million in venture funding, and much m… Continue reading Funding and M&A News – Enterprise Security Weekly #128

ShiftLeft Raises $20 Million in Series B Funding

Today we are thrilled to announce a new $20M round of Series B funding. Thomvest Ventures led the round and was joined by new investor SineWave Ventures. Our existing investors, Bain Capital Ventures and Mayfield Ventures, also participated in the Ser… Continue reading ShiftLeft Raises $20 Million in Series B Funding

Fortanix raises $23 million in funding for cloud security and encryption

Fortanix, a cloud security company, announced Wednesday that it raised $23 million in a Series B funding round led by Intel Capital with participation from past investors Foundation Capital and Neotribe. The company offers two main platforms that are meant to protect the data clients use and the various keys they need to run their applications. The products are aimed at enterprises that rely on cloud services for their infrastructure and containerization to run their applications. Intel Capital’s director, Sunil Kurkure, is joining the Fortanix’s board of directors as part of the deal. The company’s Self-Defending Key Management Service is designed to protect the sensitive information customers needed to run their systems securely, like cryptographic data, API keys, passwords, tokens and others. The Runtime Encryption platform is meant to protect data while it’s in-use “in untrusted environments such as the public cloud and remote clouds.” “Fortanix uniquely helps protect encryption keys, databases, machine learning algorithms, and containers to help secure organizations’ data […]

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