Halcyon, a cybersecurity startup based in Austin, Texas, has raised $100 million in a Series C round and secured a valuation of $1 billion. The round was led by Evolution Capital Partners, with participation from Bain Capital Ventures, SYN Ventures, Harmony Group, Corner Capital Management, Dropbox Ventures, and ServiceNow Ventures. Bloomberg https://lnkd.in/e-685cKD #cybersecurity
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Wiz, a leader in cybersecurity, has announced its acquisition of Dazz for $450M in a cash-and-share deal. This move will enable Wiz to enhance its offerings by integrating Dazz's expertise in security remediation and posture management. CEO Assaf Rappaport highlighted the importance of this acquisition for continuing Wiz's strategy of creating an all-encompassing cybersecurity platform. Ingrid Lunden | TechCrunch https://lnkd.in/gSvkeJaN
Wiz acquires Dazz for $450M to expand its cybersecurity platform | TechCrunch
https://techcrunch.com
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Prompt Security has successfully raised $18 million to tackle the growing cybersecurity needs of generative AI tools like ChatGPT. Led by Jump Capital and joined by Hetz Ventures, Ridge Ventures, Okta, and F5, the round underscores strong investor interest in securing the future of AI. CEO Itamar Golan emphasized the importance of integrating AI security as enterprises widely adopt LLM technologies. Business Insider https://lnkd.in/dzzK7BYZ #cybersecurity
Exclusive: Prompt Security raises $18 million to help companies better secure generative AI tools like ChatGPT
businessinsider.com
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Cybersecurity startup Twine Security has emerged from stealth with a $12 million seed round, co-led by Ten Eleven Ventures and Dell Technologies Capital. Twine's AI agent 'Alex' is reshaping identity and access management for security teams by acting as a 'digital employee.' With growing concerns over the cybersecurity talent shortage, companies like Twine aim to provide solutions for rapidly evolving threats in the digital landscape. Gil Press | Forbes https://lnkd.in/efEwyNfT #cybersecurity
This AI Agent Will Defend You From Cyber Attacks
social-www.forbes.com
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Cyera has raised another $300 million in its Series D round, bringing its valuation to $3 billion. CEO Yotam Segev shared the company's vision of expanding its data security capabilities, including DSPM and DLP, to provide a 'unified view of risk' in a complex market. With investors such as Accel, Sapphire Ventures, Sequoia Capital, Redpoint, Georgian, and Coatue, Cyera aims to become the end-to-end data security platform. Kyle Alspach | CRN https://lnkd.in/e8upqRUG #cybersecurity
Cyera CEO On Raising $300M To Become The ‘End-To-End’ Data Security Platform
crn.com
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MIND, a Seattle-based startup specializing in data protection, has raised $11M in a seed round led by YL Ventures. With a team spread across the U.S. and Tel Aviv, MIND is developing technology to help companies mitigate data risks. Investors include cybersecurity leaders, and its client list features prominent companies such as Guild, Akamai, and Lionbridge. Taylor Soper | MSN https://lnkd.in/efuXQBkZ #cybersecurity
Seattle startup MIND raises $11M to help companies protect data and prevent leaks
msn.com
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CyberUpgrade, a Vilnius-based startup, has secured €2.5M in seed funding to enhance its AI Copilot platform, which automates cybersecurity compliance for CTOs and CISOs. Investors in the round include Superhero Capital, Specialist VC, FIRSTPICK, and NGL Ventures. Joy Laoun | Vestbee https://lnkd.in/ecnrWK72 #cybersecurity
Vilnius-based startup CyberUpgrade raises €2.5M for its AI Copilot
vestbee.com
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DeepTempo has launched Tempo, a deep learning-powered app integrated into the Snowflake ecosystem that enhances detection of cyberattacks. This innovative solution improves response times to evolving threats while optimizing security costs for users. CEO Evan Powell and Snowflake’s Tarik Dwiek shared key insights about the benefits of this AI-driven security tool. https://lnkd.in/e2ZEUmqW #cybersecurity
DeepTempo breaks stealth with an AI-powered cybersecurity app on the Snowflake Marketplace
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Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a valuation between $850-900M in a Series B round. Investors in this round include Craft Ventures, Greylock, Cyberstarts, Leaders Fund, Sheva Fund, and Penny Jar. The company plans to use the funding to support R&D and scale its team globally. Ingrid Lunden | TechCrunch https://lnkd.in/dYHhKGQx #cybersecurity
Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources | TechCrunch
https://techcrunch.com
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Embed Security has raised $6 million in an early stage funding round led by Paladin Capital Group to help alleviate the workload of overburdened security analysts. Founded by Seth Summersett and Jeffrey Johns, the company provides an AI-powered platform that autonomously investigates threats while empowering analysts to focus on high-value tasks. Eduard Kovacs | SecurityWeek https://lnkd.in/e9JD-tcZ #cybersecurity
Embed Security Raises $6 Million to Help Overworked Analysts
securityweek.com