Collaborate Disseminate
San Francisco startup gets fresh capital from Battery Ventures to compete in the crowded identity and access management space.
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Israeli early-stage startup snags financing from Battery Ventures, PayPal Ventures and Nationwide Ventures.
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IP Fabric raises $25 million in new financing to build technology in the enterprise network assurance space.
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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
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, 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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Tigera, a startup that offers security and compliance solutions for Kubernetes container deployments, today announced that it has raised a $30 million Series B round led by Insight Partners. Existing investors Madrona, NEA and Wing also participated in this round. Like everybody in the Kubernetes ecosystem, Tigera is exhibiting at KubeCon this week, so I […] Continue reading Tigera raises $30M Series B for its Kubernetes security and compliance platform
Snyk, a startup that aims to make the use of open-source code libraries more secure, announced Tuesday that it raised $22 million in its Series B investment round. The company has a security research team that maintains a database of vulnerabilities found in open source libraries, as well as their patches. Customers using Snyk can be alerted to security flaws in the code they’re using and fix them. Snyk says it’s continuously protecting more than 140,000 projects, which account for about 580,000 vulnerabilities every month. Snyk watches code repositories on platforms like GitHub, Bitbucket and GitLab. In June, the company also announced a container vulnerability management service, entering a field where other startups are trying to specialize. With offices in London, Tel Aviv and Boston, Snyk (pronounced “snick”) boasts “over 200 large enterprise customers” and claims that its revenue has grown by a factor of five in nine months. The company says […]
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Imperva acquires app security firm Prevoty in $140 million deal, Allstate accelerates expansion into Identity Protection with acquisition of InfoArmor, Sonatype receives $80 million investment from TPG, Very Good Security makes data unhackable with $8…. Continue reading Imperva, Allstate, & Sonatype – Business Security Weekly #98
Indegy, a industrial-controls cybersecurity company, announced Tuesday that it raised $18 million in Series B investment funding. The company, based in New York with offices in Tel Aviv, Israel, provides threat detection and mitigation services for customers that operate industrial control systems (ICS). Indegy boasts that its Cyber Security Suite has more than 200 deployments worldwide, protecting customers in the manufacturing, pharmaceutical, energy, water and other industrial sectors. CEO Barak Perelman says that heightened concerns about cyberthreats to critical infrastructure have been a driver for business. “Recent reports by the [Department of Homeland Security]and FBI regarding attacks against critical infrastructures have created a greater sense of urgency among industrial organizations to shore up their defenses, and produced a major spike in new business for Indegy,” Perelman said in a press release. “This capital infusion provides the financial resources required to scale up the company and capitalize on this market opportunity.” A […]
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