Cybersecurity

P0 Security: IGA and PAM Platform Company Raises $15 Million (Series A)

By Amit Chowdhry ● Today at 1:24 PM

P0 Security, the provider of the first unified IGA and PAM platform for the cloud designed to secure all enterprise cloud identities, announced the closing of its $15 million Series A round, bringing the total raised since founded to $20 million. This funding was led by SYN Ventures with participation from Zscaler and existing investor Lightspeed Venture Partners. The company also announced the appointment of SYN Ventures Operating Partner, Ryan Permeh, to the Board of Directors.

Mastercard Buying Global Threat Intelligence Company Recorded Future For $2.65 Billion

By Amit Chowdhry ● Today at 12:13 PM

Today, Mastercard expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition supports the insights and intelligence used to secure the digital economy, including the payments ecosystem and beyond.

Darkhive: Defense Tech Company Secures $21 Million (Series A)

By Amit Chowdhry ● Sep 10, 2024

Defense tech company Darkhive - a company that is focused on open architecture Uncrewed Aircraft Systems (UAS) integrated with a secure software delivery system - announced it closed a Series A investment round of $21 million led by Ten Eleven Ventures. The additional investors in this funding round included Crosslink Capital, RTX Ventures, and Stellar Ventures.

Zilla Security: Interview With Co-Founder, CEO, And President Deepak Taneja About This Security Compliance Company

By Amit Chowdhry ● Sep 10, 2024

Zilla Security is a company that delivers a SaaS platform for security and access compliance. And the company automates user access review processes that are essential for maintaining compliance with regulations like SOX, HIPAA, GLBA, FFIEC and SOC 2. Pulse 2.0 interviewed Zilla Security co-founder, CEO, And President Deepak Taneja to learn more about the company.

Bedrock Security: Interview With Co-Founder & CTO Pranava Adduri About This Frictionless Data Security Company

By Amit Chowdhry ● Sep 7, 2024

Bedrock Security is a frictionless data security company transforming data security in the cloud and GenAI era with its leading data security platform, powered by the industry’s only AI Reasoning Engine (AIR). Pulse 2.0 interviewed Bedrock Security’s co-founder and CTO Pranava Adduri to learn more about the company.

threatER: Cybersecurity Company Raises Growth Capital From CIBC Innovation Banking

By Amit Chowdhry ● Sep 5, 2024

CIBC Innovation Banking announced that it has provided a growth capital financing facility to threatER, a cyber defense category leader focused on eliminating cyber threats before they reach the network. This growth capital will facilitate threatER’s scale-up as they aim to help medium-sized businesses and enterprises, especially in financial services, healthcare and legal, protect their business from cyberattacks and increasingly sophisticated digital bad actors.

Halcyon: How This Company Stops Ransomware From Impacting Enterprises

By Amit Chowdhry ● Sep 3, 2024

Nucleus Security: Funding Raised From Dcode Capital

By Amit Chowdhry ● Sep 2, 2024

Nucleus Security, the enterprise leader in unified vulnerability management, announced an investment by Dcode Capital, a growth-stage venture capital firm backed by J.P. Morgan Asset Management. Dcode Capital’s funding follows Nucleus Security’s FedRAMP Moderate authorization and further validates the critical impact of the company’s Unified Vulnerability Management platform for Federal organizations.

Fabric Cryptography: $33 Million (Series A) Closed To Build Computing Chips And Cryptographic Algorithms

By Amit Chowdhry ● Sep 2, 2024

Silicon Valley-based hardware company Fabric Cryptography announced a $33 million Series A funding round to build computing chips, software and cryptographic algorithms. This round was co-led by Blockchain Capital and 1kx, with participation from leaders in the sector, such as Offchain Labs, Polygon, and Matter Labs. This follows a $6 million seed round led by Metaplanet with participation from Inflection and Liquid2 Ventures, amongst others. With this funding round, the company has raised $39 million in total.

Fortalice: Helping Organizations Become Prepared For Cyberattacks

By Amit Chowdhry ● Aug 23, 2024

Fortalice is a company with a goal to make sure clients are prepared for an attack and resilient to future threats. Created by former White House Chief Information Officer (CIO) Theresa Payton, the company’s skilled team of industry practitioners has worked in a broad range of public and private sectors. Pulse 2.0 interviewed Theresa Payton to learn more about the company.

Cyberbit: Cybersecurity Skill Development Platform Company Raises Funding

By Amit Chowdhry ● Aug 20, 2024

Cyberbit, a leading provider of cybersecurity skill development platforms, announced a new round of funding from existing investors, including Charlesbank Capital Partners, an established middle-market private investment firm. This deal recapitalizes the company under solely North American ownership and control and will provide the resources for future acquisitions, expansion, and product development.

Chaos Labs: Onchain Risk Management Company Raises $55 Million (Series A)

By Amit Chowdhry ● Aug 19, 2024

Chaos Labs, an industry leader in onchain risk management, announced a $55 million Series A funding round led by Haun Ventures. This significant funding - which is aimed at scaling onchain economic security has attracted prominent new investors including F-Prime Capital, Slow Ventures, Spartan Capital, and more. And they join existing backers such as Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures. The funding round also saw participation from strategic angel investors, including Kevin Weil (OpenAI CPO), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO).

Anjuna: Universal Confidential Computing Platform Company Raises $25 Million (Series B2)

By Amit Chowdhry ● Aug 15, 2024

Anjuna - which is the creator of Anjuna Seaglass (a Universal Confidential Computing Platform) announced that it has closed a $25 million Series B2 financing round to propel and expand its AI-enabling enterprise offerings. The round was led by M Ventures, the corporate VC of Merck KGaA, Darmstadt, Germany, SineWave Ventures, and AI Capital Partners (Alpha Intelligence Capital’s U.S.-based fund), with participation from existing investors Founder Collective, Insight Partners, Playground Global, and Uncorrelated.

Endari: Cybersecurity Company Raises $4 Million (Seed)

By Amit Chowdhry ● Aug 14, 2024

Cybersecurity company Endari announced its official launch from stealth mode by Nils Puhlmann, who is a seasoned cybersecurity veteran with over 30 years of experience. And the company has also raised $4 million in seed funding.

Abnormal Security: $250 Million (Series D) Raised At $5.1 Billion Valuation To Prevent Inbound Attacks And Detect Compromised Accounts

By Amit Chowdhry ● Aug 12, 2024

Abnormal Security, a leader in AI-native human behavior security, announced the closing of its Series D funding round, with total expected proceeds of $250 million at a $5.1 billion valuation. This current round brings the total expected proceeds to $546 million and is led by Wellington Management, with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners and CrowdStrike Falcon Fund.

Descope: Helping Customers Easily Customize User Journeys Through Visual Workflows

By Amit Chowdhry ● Aug 12, 2024

Descope is a company that helps developers build secure, frictionless authentication and user journeys for any application. Pulse 2.0 interviewed Descope co-founder Rishi Bhargava to learn more about the company.

Clutch Security: $8.5 Million (Seed) Raised To Advance Universal Non-Human Identity Security Platform

By Amit Chowdhry ● Aug 11, 2024

Clutch Security announced it emerged from stealth and unveiled its groundbreaking Universal Non-Human Identity (NHI) Security Platform. The company also revealed a $8.5 million Seed funding round led by Lightspeed Venture Partners, with participation from Merlin Ventures and notable angel investors. Clutch’s mission is to deliver end-to-end NHI security and proactively bridge NHI security gaps across the entire organizational landscape without affecting business velocity.

Rhombus: Cloud-Managed Physical Security Company Raises $45 Million (Series C)

By Amit Chowdhry ● Aug 8, 2024

Rhombus, a leader in cloud-managed physical security, announced $45 million in Series C funding led by NightDragon (a cybersecurity, safety, security, and privacy investment firm). Bluestone Equity Partners and existing investors Caden Capital, Cota Capital, Tru Arrow Partners, and Uncorrelated Ventures participated in the round, which brings the total funding raised to over $90 million.

Lineaje: Supply Chain Security Company Secures $20 Million (Series A)

By Amit Chowdhry ● Aug 8, 2024

Lineaje, a leader in continuous software supply chain security management, announced it raised $20 million in Series A funding led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, along with existing investor Tenable Ventures. This round also included participation from Carahsoft (the world’s largest software distributor serving the U.S. government) along with Wipro Ventures, Secure Octane Investments, J-Ventures and Alumni Ventures. And with additional contributions from executives at Zscaler, CrowdStrike, and Trellix, this investment brings Lineaje’s total funding to $27 million.

Humanity Protocol: An Interview With Founder and CEO Terence Kwok About This Web3 Security Company

By Amit Chowdhry ● Aug 7, 2024

Humanity Protocol is a company that is setting a new standard for secure and private digital interactions within the Web3 space. Pulse 2.0 interviewed Humanity Protocol founder Terence Kwok to learn more about the company.

Inscora: Cyber Insurance Broker Solutions Company Raises $2 Million

By Amit Chowdhry ● Aug 6, 2024

Inscora, a Montreal-based company providing automated cyber risk assessment and sales enablement solutions for cyber insurance brokers, announced it has raised $2 million in funding. The funding round was led by Luge Capital, and participants included Desjardins Capital, Accelia Capital, Inovia Capital, and angel investors from the cybersecurity industry.

Cato Networks Passes $200 Million In ARR

By Amit Chowdhry ● Aug 5, 2024

Cato Networks, the creator of Secure Access Service Edge (SASE), announced it surpassed $200 million in annual recurring revenue (ARR) in the second quarter of this year—doubling its total ARR in under two years.

Pindrop: Voice Authentication And Security Company Raises $100 Million

By Amit Chowdhry ● Jul 30, 2024

Pindrop (a leader in voice authentication and security) announced it has secured $100 million in debt financing from Hercules Capital. This funding will enable Pindrop to develop its audio, voice further, and AI technologies, enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries.

Bolster: Automating The Detection And Takedown Of Cyber Threats In A $12 Billion Market

By Amit Chowdhry ● Jul 29, 2024

Cowbell: $60 Million In Series C Raised To Advance SME Cyber Adoption

By Amit Chowdhry ● Jul 28, 2024

Cowbell, a leading cyber insurance provider for small and medium-sized enterprises (SMEs), announced that it has closed a $60 million Series C equity investment from Zurich Insurance Group.

Lakera: GenAI Security Company Raises $20 Million

By Amit Chowdhry ● Jul 27, 2024

Lakera, a leading real-time Generative AI (GenAI) Security company, announced it has raised $20 million in a Series A funding round. This funding round was led by Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine. This round brings Lakera's total funding to $30 million.

Linx: Modern Identity Security Company Raises $33 Million

By Amit Chowdhry ● Jul 24, 2024

Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.

Evo Security: Identity And Access Management Solutions Company Raises Series A Funding Round

By Amit Chowdhry ● Jul 24, 2024

Evo Security, a leading provider of Identity and Access Management solutions for Managed Service Providers (MSPs), announced the successful completion of its Series A funding round - raising $6 million led by TechOperators, an Atlanta-based cybersecurity venture capital firm led by industry veterans. This funding round includes participation from Sorenson Capital, Prelude, Strategic Cyber Ventures, Inner Loop Capital, and new partner MetroSITE Group.

Protexxa: Cybersecurity Company Raises $10 Million In Series A

By Amit Chowdhry ● Jul 23, 2024

Protexxa - one of the largest cybersecurity companies in the country - announced it has raised $10 million in Series A funding. The investors in the Series A include Bell Ventures (venture arm of Bell Canada) and Sandpiper Ventures. The round also saw support from existing shareholders, Export Development Canada, BKR Capital, The Firehood Angels, and Graphite Ventures. Additional investors include Global Risk Institute President and CEO Sonia Baxendale; Tricon and Cidel Co-founder Geoffrey Matus; former Home Depot Canada CEO and current NRStor CEO Annette Verschuren; and business lawyer and Distinguished Counsel in Residence at Toronto Metropolitan University Ralph Lean. Plus, Protexxa has welcomed a new advisor Dr. Donette Chin-Loy Chang.

Heeler Security: Application Security Company Raises $8.5 Million In Seed Funding

By Amit Chowdhry ● Jul 22, 2024

Application security company Heeler Security announced today the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures.