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
December 20, 2023 at 03:09PM Cyber-range training startup SimSpace raised $45 million in new funding, making it a total of $70 million raised. With its “Cyber Force Platform,” the company aims to expand into new global markets and provide technology for organizations to conduct secure and scalable cyber simulations. SimSpace has gained traction with Fortune … Read more
November 15, 2023 at 07:21AM RADICL, a cybersecurity startup catering to small-to-medium-sized businesses (SMBs), has secured an additional $9 million in funding for its virtual Security Operations Center (vSOC) and XTP platform. The platform aims to provide advanced cybersecurity protection and compliance with the Cybersecurity Maturity Model Certification (CMMC) to SMBs. The funding will support … Read more
November 7, 2023 at 08:06AM Israeli application security startup Myrror Security has come out of stealth mode with $6 million in funding. The Tel Aviv-based company aims to address security threats in the software supply chain by using AI and binary-to-source code analysis. It identifies malicious code in open source dependencies and CI/CD attacks in … Read more
November 1, 2023 at 03:47PM Graylog, a SIEM and log management company, has secured $39 million in funding from Silver Lake Waterman, Piper Sandler Merchant Banking, and Harbert Growth Partners. The company has experienced 67% new bookings growth year-to-date and expects to continue its momentum with focus on innovation, user experience, and strong execution. Graylog’s … Read more
November 1, 2023 at 07:09AM Graylog, a SIEM and log management provider, has raised $39 million in funding from investors including Harbert Growth Partners, Piper Sandler Merchant Banking, and Silver Lake Waterman. The company’s centralized log management solution helps organizations capture, store, and analyze data from multiple sources, with additional security, compliance, and troubleshooting capabilities. … Read more
October 24, 2023 at 01:03PM Washington DC startup Adlumin has raised $70 million in a Series B funding round, bringing its total raised to $83 million. The company focuses on providing security solutions to small and mid-market organizations, offering a range of tools including SIEM, threat intelligence, and compliance monitoring. Adlumin also offers managed detection … Read more