Cybersecurity

Bugcrowd Raises $102 Million To Scale AI-Powered Crowdsourced Security Platform

By Amit Chowdhry ● Feb 12, 2024

Bugcrowd announced it has secured $102 million in strategic growth funding to scale its AI-powered crowdsourced security platform offerings globally. Led by General Catalyst - with participation from longtime existing investors Rally Ventures and Costanoa Ventures - this funding round underscores investor confidence in the company's leadership position in the crowdsourced security market.

Next DLP: How This Insider Risk And Data Protection Company Is Transforming A $10+ Billion Market

By Amit Chowdhry ● Feb 12, 2024

Next DLP (Next) is a leading provider of insider risk and data protection solutions. And the Reveal Platform by Next uncovers risk, stops data loss, educates employees, and fulfills security, compliance, and regulatory needs. Pulse 2.0 interviewed Next CEO Connie Stack to learn more about the company.

LimaCharlie: Security Operations Cloud Platform Company Raises $10.2 Million

By Annie Baker ● Feb 9, 2024

LimaCharlie - the creator of the first-ever Security Operations (SecOps) Cloud Platform - announced a $10.2 million Series A investment round led by Sands Capital with follow-on from new and previous investors, including CoFound Partners, Long Journey Ventures, Lytical Ventures, Myriad Venture Partners, StoneMill Ventures, and Strategic Cyber Ventures.

Morgan Stanley Inclusive Ventures Lab Hosts Demo Day With 23 Companies

By Amit Chowdhry ● Feb 7, 2024

Morgan Stanley is hosting its largest global Demo Day, with 23 participating companies from North America, Europe, the Middle East, and Africa (EMEA). The cohort companies will pitch over 300 investors, potential business partners, and customers.

Security Compass Buys Kontra From ThriveDX: Details

By Dan Anderson ● Feb 7, 2024

Security Compass has announced the acquisition of application security training software provider Kontra from ThriveDX, the global leader in cyber training and talent development. And this acquisition marks a pivotal step forward in Security Compass’s ongoing mission to empower businesses with application security solutions centered on a Security by Design approach.

Device Authority: Identity And Access Management Company Secures $7 Million

By Annie Baker ● Feb 7, 2024

Device Authority - a global leader in Identity and Access Management for Enterprise IoT ecosystems - announced $7 million in Series A funding from Ten Eleven Ventures. This investment follows Device Authority’s launch of the company’s new KeyScaler AI solution.

IONIX: Attack Surface Management Company Raises $42 Million

By Amit Chowdhry ● Feb 7, 2024

IONIX - a leader in Attack Surface Management (ASM) - announced it has completed its $42 million A Round funding by securing $15 million in additional funding from new investors Maor Investments along with participation from existing investors Hyperwise Ventures, Team8 and U.S. Venture Partners (USVP). The total funding to date is $50.3 million. In addition, cyber veteran Chad Kinzelberg will be joining IONIX’s Board of Directors.

NinjaOne: Endpoint Management IT Platform Company Raises $231.5 Million At $1.9 Billion Valuation

By Amit Chowdhry ● Feb 7, 2024

NinjaOne (a leading IT platform for endpoint management, security, and visibility) announced it raised a $231.5 million Series C funding round led by ICONIQ Growth. Frank Slootman, Chairman and CEO of Snowflake, and Amit Agarwal, President of Datadog, among others, also invested in the round.

CrowdStrike And AWS Pick 22 Startups For AWS & CrowdStrike Cybersecurity Accelerator

By Amit Chowdhry ● Feb 6, 2024

CrowdStrike announced the 22 companies selected for the inaugural Amazon Web Services (AWS) & CrowdStrike Cybersecurity Startup Accelerator for Europe, Middle East, and Africa (EMEA) based startups. Selected from hundreds of applicants, the cohort will receive customized mentorship, technical expertise, and partnership opportunities from the AWS Startup Loft Accelerator (SLA) program, with a potential to receive funding from CrowdStrike’s strategic investment vehicle, CrowdStrike Falcon Fund.

Xcelerate Solutions To Merge With VMD Corp

By Annie Baker ● Feb 6, 2024

Xcelerate Solutions - a leading defense and national security company and portfolio company of McNally Capital - announced it has merged with VMD Corp.

Why Haveli Is Buying ZeroFox For About $350 Million

By Amit Chowdhry ● Feb 6, 2024

ZeroFox Holdings (a leading provider of external cybersecurity) announced that it has entered into a definitive agreement to be acquired by Haveli Investments, a technology-focused private equity firm, in an all-cash transaction with an enterprise value of approximately $350 million.

LightBeam: Zero Trust Data Protection Company Secures $17.8 Million

By Annie Baker ● Feb 2, 2024

LightBeam.ai - a zero trust data protection pioneer converging data security, privacy, and AI governance - announced that it has raised $17.8 million in an oversubscribed Series A round funding. The new funding round will enable LightBeam to expand its go-to-market initiatives across sales, marketing, channels, and alliances and continue investing in its vision of converging data security, privacy, and AI governance into a single platform.

Oasis Security: Non-Human Identity Management (NIM) Solutions Company Raises $40 Million

By Amit Chowdhry ● Feb 1, 2024

Oasis Security - a leading provider of non-human Identity Management (NIM) solutions - announced that it raised a total of $40 million funding led by Sequoia Capital, along with Accel, Cyberstarts and Maple Capital. And Guy Podjarny, founder of Snyk, and Michael Fey, Co-Founder and CEO of Island, also participated in the financing.

Why Accenture Is Investing In Tenchi Security

By Annie Baker ● Feb 1, 2024

Accenture announced it had made a strategic investment through Accenture Ventures in Tenchi Security, a third-party cyber risk management company. And Accenture will leverage Tenchi’s SaaS platform as a new component of its managed security services offering to help organizations reduce cyber risks across their supply chain.

Aim Security: $10 Million Raised To Offer Enterprises A GenAI Security Platform

By Amit Chowdhry ● Jan 31, 2024

Aim Security - an Israel-based cybersecurity startup offering enterprises a holistic one-stop shop GenAI security platform - announced $10 million in seed funding. The funding round was led by YL Ventures, with participation from CCL (Cyber Club London), the founders of WIZ, and angel investors from Google, Proofpoint, and Palo Alto Networks. Aim Security was founded by cybersecurity veterans Matan Getz, CEO, and Adir Gruss, CTO - who pioneered using and adopting AI and big data tools in the IDF’s elite intelligence Unit 8200.

Panorays: Helping Organizations Manage Their Vendor Risk Effectively

By Amit Chowdhry ● Jan 8, 2024

Panorays is a leading provider of innovative third-party security risk management solutions, helping organizations worldwide manage their vendor risk effectively and efficiently. Pulse 2.0 interviewed Panorays CEO and co-founder Matan Or-El to learn more about the company.