November 21, 2024 at 09:20PM Trustero, which exited stealth mode in March 2022, aims to reduce compliance costs and streamline GRC tasks for companies. The organization recently secured $10 million in funding to expand its AI-powered security and compliance platform, enhancing its capabilities in the industry. ### Meeting Takeaways: 1. **Company Background**: – The company … Read more
October 25, 2024 at 10:22AM Concentric AI has raised $45 million in Series B funding to enhance its capabilities in the data security governance market, focusing on Data Security Posture Management (DSPM) and Data Access Governance technologies. This capital will help the company effectively compete in the industry. **Meeting Takeaways:** 1. **Company Focus**: Concentric AI … Read more
October 2, 2024 at 08:39AM Harmonic raised $26 million to develop a novel data protection approach with pre-trained, specialized language models. The funding will aid in defending against AI data harvesting. This initiative was reported by SecurityWeek, showcasing the company’s efforts to stay ahead in the field of data protection. Based on the meeting notes, … Read more
September 26, 2024 at 04:19PM Torq, the AI-first security hyperautomation leader, has closed a $70M Series C funding round, raising a total of $112M in 2024 and reaching a $192M funding since its 2020 inception. The company aims to increase expansion across EMEA and APAC, enhance engineering and sales talent, and deliver cutting-edge generative AI … Read more
September 19, 2024 at 05:30PM CrowdStrike announced the launch of its annual Cybersecurity Startup Accelerator with AWS and NVIDIA, targeting disruptors in the U.S. and EMEA. Selected startups will receive mentorship, technical expertise, and funding. Participants can present at a Demo Day in San Francisco, with a chance to receive funding from the CrowdStrike Falcon® … Read more
September 12, 2024 at 09:36AM Aembit, a non-human identity and access management (IAM) provider, has raised $25 million in a Series A funding round, bringing the total raised to $45 million. The startup, founded in 2021, aims to solve the challenge of access between distributed applications and SaaS services. Aembit’s solution provides policy-based access management … Read more
July 23, 2024 at 02:45PM Canadian cybersecurity startup Protexxa completed a $10 million Series A funding round, raising its total to $15 million. The investment from Bell Ventures, Bell Canada, and Sandpiper Ventures, along with others, will support the advancement of its AI-powered security platform, global expansion, and enhancement of its enterprise solution for various … Read more
July 17, 2024 at 11:12AM Pindrop Security secured $100 million in debt financing to enhance its AI-powered detection of AI-generated voice deepfakes, distinct from its previous equity funding. The surge in malicious gen-AI-based deepfake voice attacks has propelled the demand for improved detection tools, as the company aims to counteract the growing threat through specialized … Read more
June 12, 2024 at 12:45PM AI-powered data security company Cyberhaven raised $88 million in a Series C funding round led by Adams Street Partners and Khosla Ventures, with participation from other investors. Its total funding now exceeds $136 million, valuing the company at $488 million. The investment will be used to expand product offerings and … Read more
February 12, 2024 at 07:09AM Bugcrowd has secured $102 million in strategic growth funding to fuel its expansion and enhance its platform, as reported on SecurityWeek. Based on the meeting notes, Bugcrowd has successfully raised $102 million in strategic growth funding, with the intention of using it to expedite its growth and enhance its platform. … Read more