Cybersecurity

USC And Techstars Partnering On Accelerating Opportunities For Students, Faculty, And Alumni

By Amit Chowdhry ● Feb 29, 2024

The University of Southern California and Techstars will work together on accelerating opportunities for USC-affiliated entrepreneurs, including students, faculty and alumni. And USC will spark new startups and innovation under a new collaboration with Techstars, a leading pre-seed investor.

BackBox: Helping Companies Automate Complex Tasks In A $20+ Billion Market

By Amit Chowdhry ● Feb 28, 2024

BackBox is a market leader in security-centric automation for network teams. The BackBox Automation Platform for Network Teams helps companies and managed service providers worldwide automate complex tasks, ensure network health and performance, achieve business continuity, and give administrators the confidence that automation will deliver the expected outcome every time. Pulse 2.0 interviewed BackBox CEO Andrew Kahl to learn more about the company.

Verdane: Edda III Fund Closed Past Target At €1.1 Billion

By Amit Chowdhry ● Feb 27, 2024

The Verdane Edda III fund has closed significantly past its target at €1.1 billion, doubling its predecessor fund, Edda II. And this is the firm’s second successful fund close in six months, following the announcement of Verdane Freya XI at €1.1 billion in September 2023. Verdane’s proven platform attracted an increasingly global LP base, with US investors comprising 25% of Edda III commitments.

Palo Alto Networks: Private 5G Security Solutions With Partner Ecosystem Launched

By Amit Chowdhry ● Feb 27, 2024

Palo Alto Networks announced end-to-end private 5G security solutions and services in collaboration with leading Private 5G partners. Combining Palo Alto Networks enterprise-grade 5G Security and Private 5G partner integrations and services allows organizations to easily deploy, manage, and secure networks throughout the entire 5G journey.

Evergrowth: B2B Account-Based Sales Company Raises $2.2 Million And Shuts Down Sales Consultancy Business

By Amit Chowdhry ● Feb 26, 2024

Evergrowth - a premier AI-powered B2B account-based sales platform - announced the first fundraising of $2.2 million, making it one of the largest pre-seed rounds in Baltic history. This investment, led by Impellent Ventures and Practica Capital, demonstrated the rising influence of Baltic European SaaS startups and the need for fully optimized AI-driven strategies to enable sales and revenue teams. The company is on track to hit $500K ARR within three months of its MVP launch.

Why Delinea Is Buying Fastpath

By Amit Chowdhry ● Feb 24, 2024

Willkie Names Briony Pollard As Data Privacy Partner In London

By Amit Chowdhry ● Feb 23, 2024

Willkie Farr & Gallagher LLP announced that data privacy attorney Briony Pollard has joined the firm as a partner. She is based in the firm’s London office and is part of Willkie’s Privacy, Cybersecurity & Data Strategy practice group.

Highstreet Receives Investment From CIVC Partners

By Amit Chowdhry ● Feb 22, 2024

CIVC Partners (a Chicago-based middle market private equity firm focused on investments in the business services sector) has announced an investment in Highstreet IT Solutions in partnership with CEO Nick Magliato, CFO Ben Davies, and the Highstreet management team.

Device Authority: Enterprise IoT Identity And Access Management Company Secures $2 Million

By Amit Chowdhry ● Feb 22, 2024

Device Authority (a global leader in identity and access management for Enterprise IoT ecosystems) announced it has secured a further $2 million in Series A funding from Prelude, the venture practice for Mercato Partners.

Why Allurity Is Buying SRLabs

By Amit Chowdhry ● Feb 21, 2024

Allurity (a European group of leading tech-enabled cybersecurity companies) has completed the strategic acquisition of Security Research Labs (SRLabs), a globally recognized cyber consultancy based in Berlin and Hong Kong. This acquisition marks an important milestone as SRLabs brings unique expertise that enhances Allurity's market position and strengthens its capabilities to deliver a holistic cybersecurity offering.

Microsoft Expanding AI Infrastructure In Spain Via $2.1 Billion Investment

By Amit Chowdhry ● Feb 20, 2024

Microsoft has announced it is expanding artificial intelligence AI and cloud infrastructure with an investment of $2.1 billion over the next couple of years.

Keyfactor Surpasses $100 Million In ARR

By Amit Chowdhry ● Feb 19, 2024

Keyfactor - an identity-first security solution for modern enterprises - announced it has passed $100 million in annual recurring revenue, demonstrating its clear position as the cybersecurity industry’s leading digital trust innovator. To drive the next chapter of hyper-growth, Keyfactor is expanding its leadership team by promoting Brandon Tubandt to Chief Customer Officer and Jamie Walker to Chief Marketing Officer.

Google Launches AI Cyber Defense Initiative To Transform Cybersecurity

By Amit Chowdhry ● Feb 19, 2024

Google has announced a new service offering AI tools for providing online security. Google’s new open-source resources - which is called the AI Cyber Defense Initiative - the company is continuing an investment in an AI-ready infrastructure.

Clarity: AI Cybersecurity Company Closes $16 Million In Funding

By Amit Chowdhry ● Feb 18, 2024

Clarity - a company that enables organizations to rapidly identify and immunize from Deepfakes and synthetic media created by generative AI - announced a partnership with Walden Catalyst and Bessemer Ventures Partners. This additional funding will enable the company to double down on core research efforts, while providing best-in-class solutions to the most critical infrastructure in society.

Dapple Security: Cybersecurity Company Raises $2.3 Million

By Amit Chowdhry ● Feb 18, 2024

Dapple Security recently raised $2.3 million in the pre-seed round - which has been supported by mission-driven investors who believe in Dapple's solution and mission. This round was led by First In, a company that has a strong conviction in investing in founders who are veterans of the Military and Intelligence Community.