Cybersecurity

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.

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.