Cybersecurity

Astrix Security: $45 Million (Series B) Raised To Secure Non-Human Identities

By Amit Chowdhry ● Yesterday at 2:24 PM

Astrix Security - a trusted solution for securing non-human identities (NHIs) - announced $45 million in Series B funding led by Menlo Ventures with the participation of Workday Ventures, and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital.

System Two Security: $7 Million Raised To Bring A New Level Of AI To Detection Teams

By Amit Chowdhry ● Dec 9, 2024

System Two Security - a cybersecurity startup built on an AI agent foundation that advances Detection Engineering - announced it raised $7 million in funding led by Costanoa Ventures, with participation from security-focused investor Runtime Ventures and The Hive and Webb Investment Network. The round was also joined by individual investors, including technology veterans Scott McNealy (former CEO of Sun Microsystems), Frederic Kerrest (co-founder of Okta), Ash Devata (CEO of GreyNoise), and others. System Two aims to help security teams deal with advances in attack sophistication and frequency due to attackers adopting GenAI.

NetBird: €4 Million Raised For Developing Open-Source Network Security Solution

By Amit Chowdhry ● Dec 9, 2024

NetBird, a Berlin-based company developing an open-source network security solution, has raised €4 million in seed funding. The funding round was co-led by InReach Ventures and existing investor Nauta, with participation from Antler and a grant from the German Federal Ministry of Education and Research, showcasing support from both private and public institutions.

ClearSale: Interview With Sr. Director Bruno Farinelli About The Fraud Solutions Company

By Amit Chowdhry ● Dec 5, 2024

ClearSale is a company that understands that protecting business against fraud-related chargebacks takes more than what technology can provide. Earlier this month, Experian agreed to buy ClearSale for $350 million. Pulse 2.0 interviewed ClearSale’s Senior Director of Risk and Customer Success at ClearSale, Bruno Farinelli.

LPL: Renana Friedlich Named As Chief Information Security Officer

By Amit Chowdhry ● Dec 4, 2024

LPL Financial, a leader in the wealth management industry, announced the strategic hire of Renana Friedlich as executive vice president and chief information security officer (CISO). This move supports the firm’s commitment to cybersecurity in an increasingly difficult business landscape.

Tuskira: Threat Defense Platform Company Raises $28.5 Million

By Amit Chowdhry ● Dec 4, 2024

Tuskira - a threat defense platform utilizing an AI-powered security mesh - announced it has launched out of stealth mode with $28.5 million in funding. The funding round was led by Intel Capital and SYN Ventures, with participation from Sorenson Capital, Rain Capital, Wipro Ventures, and other key industry leaders.

Prompt Security: GenAI-Based Security Company Raises $18 Million (Series A)

By Amit Chowdhry ● Dec 3, 2024

Prompt Security, a leader in Generative AI (GenAI) Security, announced that it secured $18 million in Series A funding led by Jump Capital, with participation from Hetz Ventures (which doubled down on their initial investments), Ridge Ventures, and significant tech companies Okta and F5. Prompt Security will utilize the new funding to further its mission to protect enterprises from GenAI threats while offering clear visibility into and governance over GenAI tools.

Anetac: Interview With Co-Founder & CEO Tim Eades About The Dynamic Identity And Security Platform Company

By Amit Chowdhry ● Nov 26, 2024

Anetac is a dynamic identity and security platform that offers continuous visibility of the ever-evolving service account landscape that every organization encounters today. Pulse 2.0 interviewed Anetac co-founder and CEO Tim Eades to learn more about the company.

Rezonate: Interview With CEO & Co-Founder Roy Akerman About The Identity Protection Company

By Amit Chowdhry ● Nov 25, 2024

Rezonate is a company that empowers organizations to protect their identities by monitoring identity privileges and activity and enabling rapid remediation. Pulse 2.0 interviewed Rezonate CEO and co-founder Roy Akerman to learn more about the company.

Grey Market Labs: Cybersecurity Solutions Leader Secures $8 Million (Series A)

By Amit Chowdhry ● Nov 24, 2024

Cybersecurity solutions Grey Market Labs (dba Replica Cyber) announced it has raised $8 million in Series A funding led by Capri Ventures, with participation from Blu Ventures and AFG to advance the adoption of its platform Replica. This funding will enable the company to advance its mission of delivering Secure Environments-as-a-Service, bringing unparalleled privacy and security in a vulnerable digital landscape.

Twine: Cybersecurity Company Raises $12 Million (Seed)

By Amit Chowdhry ● Nov 20, 2024

Twine - a US and Israel-based cybersecurity company, announced $12 million in seed funding co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel investors including the founders of Wiz.

Cyera: Data Security Company Raises $300 Million (Series D) At $3 Billion Valuation

By Amit Chowdhry ● Nov 20, 2024

Data security leader Cyera announced a $300 million Series D round. This latest funding round was led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian, bringing Cyera's valuation to $3 billion (a more than twofold increase in just six months). This funding round follows Cyera’s $300 million Series C round earlier this year and brings Cyera's total funding to $760 million.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Kidas: Interview With Founder & CEO Ron Kerbs About The Cyberbullying Protection Company

By Amit Chowdhry ● Nov 13, 2024

Kidas is the only online bullying and predator protection software for your child’s PC games. Pulse 2.0 interviewed Kidas founder and CEO Ron Kerbs to learn more about the company.

MIND: Data Loss Prevention Company Raises $11 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

MIND, an upcoming leader in data loss prevention (DLP), emerged from stealth and revealed its breakthrough platform for enabling organizations to protect their most sensitive data. And MIND raised $11 million in seed round funding led by YL Ventures with participation from cybersecurity leaders at Adobe, ADT, CrowdStrike, and FireEye.

PuppyGraph: Query Engine Company Raises $5 Million (Seed)

By Amit Chowdhry ● Nov 9, 2024

ContraForce: Security Service Delivery Platform Raises $3.25 Million (Seed)

By Amit Chowdhry ● Nov 7, 2024

ContraForce, a security service delivery platform company, announced the closing of a $3.25 million seed funding round, co-led by GALLOS Ventures and DataTribe. This funding round enables ContraForce's mission to automate security operations and expand the security services opportunity for managed service providers.

DeNexus: Cyber Risk Management Company Raises $17.5 Million (Series A)

By Amit Chowdhry ● Nov 1, 2024

DeNexus - a leader in end-to-end cyber risk management for operational technology (OT) - announced it has raised $17.5 million in a Series A funding round, positioning DeNexus to accelerate its growth and expand its innovative product offerings and markets.

New Relic: Study Shows IT Outages Can Cost Businesses Up To $1.9 Million Per Hour

By Amit Chowdhry ● Oct 30, 2024

Intelligent Observability Platform company New Relic has released its 2024 Observability Forecast, a comprehensive report on observability. Surveying 1,700+ technology professionals across 16 countries, the report highlights key growth areas, challenges, and external trends influencing observability investments.

Abstract Security: Data Fabric And Analytics Company Raises $15 Million (Series A)

By Amit Chowdhry ● Oct 29, 2024

Abstract Security, a pioneer in security data fabric and analytics, announced it has closed an oversubscribed Series A funding round of $15 million. Munich Re Ventures led the round, which included super pro-rata participation from existing investors Crosslink Capital and Rally Ventures.

Stream.Security: Cloud Detection And Response Solution Company Raises $30 Million (Series B)

By Amit Chowdhry ● Oct 23, 2024

Stream.Security, a leading provider of real-time cloud security solutions, announced the closing of a $30 million Series B funding round led by U.S. Venture Partners, with participation from new investors, Citi Ventures, and existing investors, Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC. This new funding round brings the total investment in Stream.Security to $55 million.

Cyera Buys Trail Security For $162 Million

By Amit Chowdhry ● Oct 23, 2024

Cyera announced the acquisition of Trail Security - which is a next-generation data loss prevention (DLP) company - for $162 million. This deal marks a key milestone for Cyera, the three-year-old cybersecurity company valued at over $1.4 billion as it continues to expand its AI-driven platform.

Arcserve: UDP 10 Revealed To Deliver Enhanced Malware Protection And Improved Virtualization Support

By Amit Chowdhry ● Oct 23, 2024

Arcserve, a pioneer in unified data resilience solutions, announced the launch of Arcserve UDP 10. This product offers customers an intuitive, flexible, and affordable way to address their critical data security and business continuity challenges.

Actfore: Data Mining Leader Spins Off To Transform Cyber Breach And Incident Response

By Amit Chowdhry ● Oct 22, 2024

Actfore, a leader in AI/ML-powered data mining for cyber breach incident response, announced it has officially spun off from ActiveNav to establish itself as an independent company. The move enables Actfore to focus exclusively on providing legal counsel, insurance carriers, and corporations with rapid on-shore data analysis and to continue delivering actionable insights on compromised information such as personally identifiable information (PII), protected health information (PHI), business partner critical information, and corporate crown jewels.

StrongDM: Interview With CEO Tim Prendergast About The Zero Trust PAM Company

By Amit Chowdhry ● Oct 18, 2024

StrongDM is a leader in Zero Trust Privileged Access Management (PAM). StrongDM provides a policy-based platform that enables precise control over privileged actions and grants secure, compliant, and frustration-free access to all critical infrastructure. Pulse 2.0 interviewed StrongDM CEO Tim Prendergast to learn more about the company.

watchTowr: Cybersecurity Company Secures $19 Million (Series A)

By Amit Chowdhry ● Oct 15, 2024

watchTowr, a cybersecurity startup redefining External Attack Surface Management, announced a $19 million Series A funding round led by Peak XV (formerly known as Sequoia India & Southeast Asia), with repeat participation from Prosus Ventures and Cercano Management. And the company will use the funds to capture market leadership and accelerate global growth by expanding its go-to-market, research and engineering teams. The latest investment has raised its total to $29 million.

Entegria Systems: Interview With Co-Founder & CTO Tony Tancredi About The Secure Data Workflow Company

By Amit Chowdhry ● Oct 14, 2024

Entegria Systems is a company that has built a secure data workflow platform that has the latest encryption, workflow, and cloud technologies. Pulse 2.0 interviewed Entegria Systems co-founder and CTO Tony Tancredi to learn more about the company.

DataKrypto: Interview With Co-Founder & CEO Ravi Srivatsav About Data Privacy As A Human Right

By Amit Chowdhry ● Oct 11, 2024

DataKrypto, the first and only fully homomorphic encryption (FHE) solution for protecting all data types in real-time throughout their lifecycle, including data in use, is a data protection software company launched as a spin-off of data retention leader DRSlab. DataKrypto’s advanced data encryption solutions protect data throughout its lifecycle. Pulse 2.0 interviewed DataKrypto co-founder and CEO Ravi Srivatsav to learn more about the company.

HUMAN: Cybersecurity Company Raises $50+ Million (Growth Capital)

By Amit Chowdhry ● Oct 10, 2024

HUMAN Security - a leading cybersecurity company committed to safeguarding every step of the customer’s online journey by defending against bots, fraud, and digital risk - announced $50+ million in growth capital led by WestCap with additional investment from Goldman Sachs, ClearSky, NightDragon, and Vertex Ventures US to support its mission in protecting the integrity of the digital world by ensuring every online interaction, transaction, and connection is authentic, secure, and human.

SeeMetrics: Interview With Co-Founder/CEO Shirley Salzman About This Transformative Cybersecurity Performance Management Company

By Amit Chowdhry ● Oct 7, 2024

SeeMetrics is a Cybersecurity Performance Management (CPM) platform that transforms the way security leaders measure, track, and improve stack performance. Pulse 2.0 interviewed SeeMetrics CEO and co-founder Shirley Salzman to learn more about the company.