Identity Security Firm Silverfort Lands $116 Million Investment

Israeli late-stage startup Silverfort raises a whopping $116 million in new financing to scale its ambitions in the identity security space.
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Airwallex raises $200M at a $4B valuation to double down on business banking

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to tap into the opportunity. Airwallex — which provides business banking services both directly to businesses themselves, as well as via a set of […] Continue reading Airwallex raises $200M at a $4B valuation to double down on business banking

Movius raises $45M for its business communications service

Atlanta-based Movius, a company that allows companies to assign a separate business number for voice calls and texting to any phone, today announced that it has raised a $45 million Series D round led by JPMorgan Chase, with participation from existing investors PointGuard Ventures, New Enterprise Associates and Anschutz Investment company. With this, the company […] Continue reading Movius raises $45M for its business communications service

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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Security ratings company BitSight earns $60 million in Series D funding

BitSight, a company that provides cybersecurity ratings for other companies, announced on Thursday that it has raised $60 million in its Series D funding round. The company provides a platform that evaluates customers’ cybersecurity posture. The service comes in handy as companies look for ways to manage risk, underwrite cyber insurance policies and conduct due diligence when doing business with third parties. Customers can use the platform gain a window into the cybersecurity posture of potential partners along with their own. BitSight gives companies a score between 250 and 900. BitSight cites a Gartner report that predicts that in the coming years, cybersecurity ratings will be as important as credit card ratings, and that having them will be a given before conducting business with other companies. The company also puts out public reports assessing some of the significant cyber risks facing specific sectors, such as education and financial. Based in […]

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Capital One, TransUnion, & Tanium Business Security Weekly #86

In Tracking Security Innovation, Capital One acquired Confyrm, TransUnion acquired Iovation, Auth0 raised $55M Series D, Tanium raised $175M in equity, Cisco forming New Venture Fund, and more! Tracking Security Innovation Capital One acquired Confyrm … Continue reading Capital One, TransUnion, & Tanium Business Security Weekly #86

Tracking Security Innovation – Business Security Weekly #75

This week, Apptio raised $4.6M in Equity, Vectra raised $36M in Series D, Morphisec raised $12M in Series B, and more Business Security news! Full Show NotesVisit http://securityweekly.com/category/ssw for all the latest episodes!
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Investors are betting 3DR can find life after Solo as a drone data platform

 An early player in drone-tech, 3D Robotics Inc., announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led the round joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. The company didn’t break… Read More Continue reading Investors are betting 3DR can find life after Solo as a drone data platform