Enterprise AI Security Firm TrojAI Raises $5.75M in Seed Funding

April 6, 2024 at 10:06PM TrojAI, a Canadian-based AI security firm, has secured $5.75 million in additional seed capital, led by Flying Fish and with support from Build Ventures, Techstars, Alteryx Ventures, and Flybridge Capital Partners. The investment will help the company develop its AI security platform, expand to the U.S., and appoint Lee Weiner, … Read more

Zafran Emerges From Stealth With Risk and Mitigation Platform, $30M in Funding

March 28, 2024 at 09:12AM Israeli cybersecurity company Zafran emerged from stealth mode, unveiling its $30 million funding and a risk mitigation platform. Founded in 2022 by Sanaz Yashar, Ben Seri, and Snir Havdala, the firm’s platform leverages security tools to address vulnerabilities. Their industry-first mitigation knowledgebase works with endpoint detection, firewall, and cloud products. … Read more

BotGuard Raises $13 Million to Protect Against Harmful Web Traffic

March 14, 2024 at 10:51AM BotGuard OU has raised €12 million (~$13.1 million) in a Series A funding round, led by MMC Ventures, Tera Ventures, Expeditions Fund, and angel investors. The Estonia-based company offers an AI-driven solution to filter web traffic, mitigate threats, and reduce management costs. The investment will support technology advancement and team … Read more

Cloud Security Firm Sweet Security Raises $33 Million, 6 Months After Emerging From Stealth

March 6, 2024 at 10:39AM Cloud security firm Sweet Security recently secured $33 million Series A funding, following $12 million seed funding. The Tel Aviv-based firm plans to expand its technology and go-to-market operations for cloud runtime security. It combines military expertise with eBPF-based technology to detect vulnerabilities and provide real-time insights for cloud security … Read more

Identity Security Firm Silverfort Lands $116 Million Investment

January 23, 2024 at 09:12AM Israeli startup Silverfort raised $116 million led by Brighton Capital in a Series D funding round, with existing investors also expanding their equity stakes. The company aims to scale its identity security technology, having already added tens of millions in new Annual Recurring Revenue and hundreds of enterprise customers. The … Read more

Anecdotes Raises $25 Million for Enterprise GRC Platform

January 10, 2024 at 09:45AM Anecdotes, a GRC solutions provider, has raised $25 million in Series B funding, totaling $55 million in investments. Led by Glilot Capital Partners and supported by other investors, Anecdotes plans to use the funding to enhance its products and expand in the US, EMEA, and APAC. The startup’s Compliance OS … Read more

Data Security Firm ALTR Banks $25M Series C 

November 15, 2023 at 10:45AM Data security startup ALTR has raised $25 million in a Series C funding round led by John Stafford III. The funding will be used to expand ALTR’s market presence, enhance partner integrations, and develop channel relations. ALTR offers technology that helps with data access controls, data usage visibility, and data … Read more

Fraud Prevention Firm Fingerprint Raises $33 Million

October 18, 2023 at 08:48AM Fraud prevention provider Fingerprint has raised $33 million in a Series C funding round, bringing its total funding to $77 million. The Chicago-based company offers a device identification platform-as-a-service that helps organizations identify fraudsters while providing a seamless experience for legitimate users. Their device fingerprinting technology and flexible APIs enable … Read more

Prove Identity Snags $40M Funding for ID Verification Tech

October 17, 2023 at 12:30PM New York-based startup Prove Identity, formerly known as Payfone, has raised $40 million in funding led by MassMutual Ventures and Capital One Ventures. The company provides identity verification and authentication technology to banks, retailers, and healthcare institutions, claiming impressive results such as faster onboarding and a reduction in fraud. Prove … Read more