SimSpace Scores $45 Million Investment to Expand Cyber Range Tech Markets

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

RADICL Adds $9 Million in Funding to Fortify Cyber Defenses of SMBs in Defense Industrial Base

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

Myrror Security Emerges From Stealth Mode With $6 Million in Funding

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

Graylog Secures $39 Million Investment to Accelerate Growth and Security Product Line Expansion

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

SIEM and Log Management Provider Graylog Raises $39 Million

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

Adlumin Snags $70M to Boost Security for Mid-Market Firms

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

Spec Secures $15M Series A Funding, Accelerating Innovation in Fraud Defense

October 19, 2023 at 05:09PM Leading cybersecurity firm, Spec, has successfully closed a $15M Series A funding round led by SignalFire, with participation from Legion Capital and Rally Ventures. The funding will support Spec’s continued growth and innovation, including advancing their platform, expanding their threat labs, and co-developing specialized products. Spec is dedicated to providing … Read more

SYN Ventures Announces $75 Million Seed Fund for US Cybersecurity Firms

October 12, 2023 at 06:32AM Venture capital firm SYN Ventures has announced the first closing of its $75 million cybersecurity seed fund, making it the largest cyber seed fund in the US. The fund will focus on investing in transformational and disruptive solutions rather than incremental features. The firm has already invested in several cybersecurity … Read more