AI-powered identity access management platform Authomize raises $16M

Lock security

Cloud-based authorization startup Authomize today announced that it raised $16 million in series A funding led by Innovation Endeavors, bringing the startup’s total raised to $22 million to date. CEO and cofounder Dotan Bar Noy says that the capital will be used to support Authomize’s R&D and hiring efforts this year, as expansion ramps up.

Read More

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

Vectra AI

Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to continue its growth. Vectra AI, which provides a cloud-based service that uses artificial intelligence technology to monitor both on-premise and cloud-based networks for intrusions, has closed a round of $130 million at a post-money valuation of $1.2 billion.

Read More

Deep Instinct’s neural networks for cybersecurity attract $100M

Deep Instinct CEO Guy Caspi

The increasingly rich data companies are collecting makes them a more tantalizing target for attacks. But Deep Instinct wants to turn that same data into an enterprise’s greatest defensive asset. Deep Instinct is applying end-to-end deep learning to cybersecurity, an approach that allows it to predict and prevent cyberattacks across a company’s network, according to CEO Guy Caspi.

Read More

Cyrebro raises $15M to expand its security operations platform

Cyrebro

Cyrebro, a cloud-based security operations center (SOC), today announced it has raised $15 million in a series B round led by Prytek. CEO Nadav Arbel says the capital, which brings the company’s total raised to $22 million, will be used to support development of the Cyrebro platform and strengthen the startup’s reach in the small and medium-sized business (SMB) market.

Read More

British Cybersecurity firm Darktrace goes public

Lock with binary

According to the person who is close to the deal, the IPO could value Darktrace up to £3 billion. It will be the very first big test of London investors’ craving for evolving technology after Deliveroo faced the downfall by 26% on its very first day of trading last month, resulting in fears that more European evolving companies would look at the list in Amsterdam or in New York. 

Read More

Cado Security raises $10M for cloud cybersecurity forensics

Cado Security

Digital forensics platform Cado Security today announced a $10 million series A investment led by Blossom Capital, with participation from existing backers. The funds bring the company’s total raised to $11.5 million and will be used to support growth in engineering, customer support, and go-to-market operations.

Read More

SafeGuard nabs $45M to combat cybersecurity risks using AI

safeguard dashboard

SafeGuard, a cloud platform designed to protect assets from cybersecurity threats and risk factors, today announced it has raised $45 million in a mix of equity and debt. This brings SafeGuard’s total raised to over $69 million and will be used to expand its business and technology capabilities, the company says.

Read More

Opswat expands infrastructure protection with anti-malware tools, raises $125M

Infrastructure protection services company Opswat today announced that it raised $125 million from Brighton Park Capital, the startup’s first external funding round. Opswat says the capital will support its R&D and hiring efforts as it looks to acquire new customers.

Read More

FORT raises $13M to enhance safety of robotic systems

FORT Robotics, a safety and security platform for smart machines, announced on Thursday it has closed a $13 million Series A funding round led by Prime Movers Lab. Other investors included Prologis Ventures, Ahoy Capital, FundersClub, Compound, Lemnos VC, Quiet Capital, Creative Ventures and NBA Dallas Mavericks owner Mark Cuban.

Read More

Global Big Data analytics market fueling AI Predictive Analytics and security applications present Key growth ppportunities

IOT graphic

This research on Global Big Data Analytics Market Fueling Artificial Intelligence is to measures the future effect of COVID-19 on the worldwide Big Data Analytics (BDA) market. The inserted biological system has prompted a hyper-associated world and the Internet of Things (IoT). Because of universal companies, IoT has joined endpoints and divulged a mother lode of data.

Read More

Microsoft Exchange attack underlines how Vulnerable your organizational Data is

Lock on circuit board

It is a little over a week since Microsoft Exchange email servers were attacked by a group which Microsoft as described as a network of hackers it calls Hafnium. It is not clear who these people are, but the attack, which impacted as many as 60,000 companies – and by some estimates 100,000 – has forced Microsoft to release out of-band emergency patches for Exchange Server 2013, Exchange Server 2016, and Exchange Server 2019.

Read More

Aqua Security protects containerized apps and infrastructure, raises $135M

Aqua Security dashboard

Aqua Security today announced that it raised $135 million in series E funding at a post-money valuation exceeding $1 billion. The Boston- and Tel Aviv-based company plans to put the proceeds toward broadening its product portfolio and its geographic footprint. Containers, the packages of code and dependencies that run across computing environments, are riding a worldwide wave in popularity.

Read More

The role of AI in Cyber Security and how it will help to prevent Cyber Attacks

Cyber Security

Traditional approaches for cybersecurity threats like two-factor authentication or password systems are not as effective as they used to be. Now, there is a need for increased anticipation of security professionals. Various businesses are using Artificial Intelligence in the present time to prevent their system from cyber-attacks. 

Read More

CYE raises $120 million for security that uses hackers and AI

Cye five men standing

The soaring number of cyberattacks in recent years has propelled a massive expansion of potential solutions as startups and incumbent security providers jostle to address the market opportunity. But Tel Aviv-based CYE believes it has developed a way to cut through that clutter with a solution that uses artificial intelligence to probe for technical weaknesses and human hackers to test a company’s overall security resilience.

Read More

Boeing-SparkCognition joint venture SkyGrid deploys AI to protect drones

Pair of drones

SkyGrid, a Boeing-SparkCognition joint venture, has launched the world’s first AI-powered security for drones. Drones are being used for increasingly critical purposes, including carrying vital medical supplies. Security is paramount to build the trust necessary to unlock the full potential of the emerging industry. Amir Husain, CEO and founder of SparkCognition and SkyGrid, said: “In…

Read More

Swimlane raises $40 million to automate cybersecurity operations

Swimlane, a Denver-based security operations management software provider, today announced it raised $40 million. The funding will be put toward accelerating partnerships and alliances, expanding R&D, and enabling further global expansion, the company says. According to Markets and Markets, the security orchestration, automation, and response (SOAR) segment is expected to reach $1.68 billion in value this year, driven by a rise in security breaches and incidents and the rapid deployment and development of cloud-based solutions.

Read More
1 2