Cybersecurity

Lakera: GenAI Security Company Raises $20 Million

By Amit Chowdhry ● Today at 12:02 AM

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: 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.

Exabeam And LogRhythm Complete Merger

By Amit Chowdhry ● Jul 21, 2024

Exabeam - a company that delivers industry-leading AI and automation for accelerated threat detection, investigation, and response (TDIR)- and LogRhythm (known for its trusted data ingestion) announced the successful completion of their previously announced merger.

Portnox: The Story Behind This Zero Trust Access Control Company

By Amit Chowdhry ● Jul 19, 2024

Portnox is a cloud-native solution for zero trust access control. Pulse 2.0 interviewed Portnox CEO Denny LeCompte to learn more about the company.

Cybersixgill: An Interview With CPO Gabi Reish About Delivering Actionable Cyber Threat Intelligence In A $5+ Billion Market

By Amit Chowdhry ● Jul 19, 2024

Cybersixgill is a company that continuously collects and exposes the earliest possible indications of risk, moments after they surface on the clear, deep and dark web. Pulse 2.0 interviewed Cybersixgill’s Global Chief Product Officer Gabi Reish to learn more about the company.

Endor Labs: Strategic Investment Raised From Citi Ventures

By Amit Chowdhry ● Jul 15, 2024

Supply chain security software leader announced a strategic investment from Citi Ventures today. This investment further validates Endor Labs’ unique approach to securing the software supply chain and it comes less than a year after the company raised $70 million in an oversubscribed Series A funding round from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.

Command Zero: Autonomous Cyber Investigation Company Secures $21 Million

By Amit Chowdhry ● Jul 13, 2024

Command Zero, an autonomous and user-led cyber investigation platform, emerged from stealth with $21 million in seed funding, led by Andreessen Horowitz with participation from Insight Partners and over 60 cyber industry thought leaders and executives.

Cytactic: Cyber Crisis Readiness Company Raises $16 Million In Seed Funding

By Amit Chowdhry ● Jul 12, 2024

Cytactic, a platform pioneering cyber crisis readiness and management, announced a $16 million seed funding round led by cybersecurity venture capital fund Evolution Equity Partners.

DeepKeep: An Interview With Founder And CEO Rony Ohayon About This Fast-Growing AI Security Company

By Amit Chowdhry ● Jul 8, 2024

DeepKeep is a company that developed AI security, which promotes unbiased, error-free, and secure solutions. Pulse 2.0 interviewed DeepKeep CEO and founder Rony Ohayon to learn more about the company.

J2 Ventures: $150 Million Raised For Argonne Fund

By Amit Chowdhry ● Jul 8, 2024

J2 Ventures, a deep tech venture capital fund focused on new technologies that are critical for the private sector and national security interests of the U.S. and its allies, announced it has raised $150 million for its new Argonne Fund. This oversubscribed fund, majority veteran-owned and led, is more than double its last fund size with support from some of the largest financial institutions in the world, including JP Morgan, MetLife, and the New Mexico State Investment Council.

Torq: The Story Behind This Security Infrastructure Automation Company

By Amit Chowdhry ● Jul 1, 2024

Torq is a company that developed Hyperautomation, which unifies and automates the entire security infrastructure to deliver unparalleled protection and productivity. Pulse 2.0 interviewed Torq CTO and co-founder Leonid Belkind to learn more about the company.

Odaseva: Enterprise Data Security Platform Company Secures $54 Million In Series C

By Amit Chowdhry ● Jun 30, 2024

Odaseva, a leading enterprise data security platform for Salesforce, announced $54 million in Series C funding, bringing the total company funding to over $90 million. Silver Lake Waterman led the round with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove.

Huntress: Managed Security Platform Company Raises $150 Million

By Amit Chowdhry ● Jun 28, 2024

Huntress, a pioneering force in cybersecurity for small businesses to small enterprises and the Service Providers that support them, announced it closed $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures.

Semperis: Identity-Driven Cyber Resilience Company Raises $125 Million

By Amit Chowdhry ● Jun 27, 2024

Semperis, an identity-driven cyber resilience pioneer, announced it secured $125 million in growth financing from J. P. Morgan and Hercules Capital. The company - which had raised a $200 million Series C funding round in 2022 led by KKR - will use the new financing to further invest in product innovation and support a rapidly expanding global customer base.

Pomerium: NextGen Access Platform Company Raises $13.75 Million In Series A Funding

By Amit Chowdhry ● Jun 25, 2024

Pomerium, a NextGen Access platform, announced it has raised a $13.75 million Series A funding round led by Benchmark. Return investors Bain Capital, Haystack, SNR, and Oleg Rogynskyy (founder of People.AI) also participated in the round. Benchmark general partner Eric Vishria will join the company’s board.

Entro: Non-Human Identity Security Company Raises $18 Million In Series A

By Amit Chowdhry ● Jun 24, 2024

Entro Security, a Non-Human Identity (NHI) security company and the developer of an award-winning NHI and Secrets Management platform, announced it has closed an $18 million Series A round, led by Dell Technologies Capital with the participation of seed investors Hyperwise Ventures and StageOne Ventures, and angel investors like Rakesh Loonkar and Mickey Boodaei. And Entro will use the funding to scale global operations and meet the strong demand for its platform across key industries. Entro has raised $24 million since exiting stealth last year.

Legato Security: MDR And MSSP Company Secures Funding

By Amit Chowdhry ● Jun 24, 2024

Legato Security, a premier Managed Detection and Response (MDR) and Managed Security Services Provider (MSSP) company based in Salt Lake City, Utah announced it has received a capital investment to support its strategic growth. The funding round was led by Level Structured Capital (an affiliate of Level Equity) and SageLink Capital.

PQShield: Cybersecurity Company Closes $37 Million In Series B Funding

By Amit Chowdhry ● Jun 20, 2024

PQShield, a cybersecurity company focused on post-quantum cryptography (PQC), announced today that it has raised $37 million in Series B funding, led by Addition. New investors Chevron Technology Ventures, Legal & General, and Braavos Capital participated, along with existing backers Oxford Science Enterprises.

Aim Security: $18 Million Closed To Enable Secure Adoption Of AI Across Enterprises

By Amit Chowdhry ● Jun 18, 2024

Aim Security, a company that is enabling the secure adoption and use of AI across enterprise organizations, announced $18 million in Series A funding led by Canaan Partners, with participation from the company’s seed investor YL Ventures.

Proactive Security Company NetSPI Acquires Hubble

By Amit Chowdhry ● Jun 17, 2024

Proactive security solution company NetSPI announced the acquisition of Hubble Technology, a Northern Virginia-based cyber asset attack surface management (CAASM) and cybersecurity posture management solution. The integration of Hubble's Asset Intelligence and CAASM product, Aurora, into The NetSPI Platform will empower security teams to achieve complete visibility of their rapidly evolving attack surfaces and tackle asset and exposure management challenges.

Liminal: Gen AI Data Security Company Raises $5 Million In Additional Seed Funding

By Amit Chowdhry ● Jun 15, 2024

Liminal, a generative AI data security leader, announced that it has raised more than $5 million in an oversubscribed seed round led by Fin Capital. Participation came from High Alpha, Matchstick Ventures, Craft Ventures Scout Fund, and veteran regulated industry executives. This new funding expands Liminal's ability to quickly enable customers to deploy and use generative AI (Gen AI).

Cyberhaven: $88 Million Secured To Protect Enterprise Data

By Amit Chowdhry ● Jun 13, 2024

Cyberhaven, a leader in data detection and response (DDR), announced it has raised $88 million in Series C funding led by Adams Street Partners and Khosla Ventures, with significant participation from existing investors Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, and Wing Venture Capital. Prominent security leaders such as Amol Kulkarni (former CPO at CrowdStrike), Gerhard Eschelbeck (former CISO at Google), Ash Devata (former GM of Duo at Cisco), and others also participated.

XONA: Zero-Trust User Access Company Raises $18 Million

By Amit Chowdhry ● Jun 13, 2024

XONA, a developer of a leading zero-trust user access platform for industrial operations, announced the closing of an $18M strategic funding round led by established cyber investor Energy Impact Partners (EIP), bringing the company's total funding to $32 million.

Pyte: Computation Security Platform Company Raises $5 Million

By Amit Chowdhry ● Jun 12, 2024

Pyte, a secure computation platform for data-first global enterprises, today announced $5 million in additional capital, bringing the total funding to over $12 million. This funding round was led by Myriad Venture Partners with participation from Innovation Endeavors, Liberty Mutual Strategic Ventures, Pillar VC, and others. Dean Mai (co-founder and managing partner for Myriad Venture Partners) will also join Pyte’s Board of Directors.

AirMDR: AI-Based Autonomous Managed Detection And Response Company Raises $5 Million

By Amit Chowdhry ● Jun 12, 2024

AirMDR, an AI-based Autonomous Managed Detection and Response (MDR), announced the closing of a $5 million Seed round of financing. This funding round was led by Foundation Capital with participation by Storm Ventures.

Formstack Buys Data Management Company Open Raven

By Amit Chowdhry ● Jun 12, 2024

Formstack, a leading form, document, and e-signature software provider, supporting over 32,000 customers worldwide, announced the acquisition of Open Raven, a leading data management and security company.

Tenable Buying Eureka To Bring Data Security Posture Management To Cloud Platform

By Amit Chowdhry ● Jun 12, 2024

Exposure management company Tenable Holdings announced that it has signed a definitive agreement to acquire Eureka Security, a provider of data security posture management (DSPM) for cloud environments. And Eureka Security helps security teams gain a holistic view into an organization’s cloud data security footprint, fight policy drift and misconfigurations that put data at risk, and improve their security posture over time. The acquisition is expected to close this month.