August 6, 2024 at 11:11PM Microsoft denied Delta Air Lines’ accusations of responsibility for outages caused by CrowdStrike’s software, insulting Delta’s IT infrastructure. Delta threatened to sue Microsoft and CrowdStrike over the incident, claiming $500 million in losses. Microsoft’s legal representative said they offered daily help, which Delta ignored, and suggested that Delta has not … Read more
July 1, 2024 at 02:48PM PortSwigger, the UK company behind Burp Suite software, secures a significant $112 million investment from Brighton Park Capital, marking its first external funding since 2008. With 20,000 clients, including major companies such as Microsoft and Amazon, PortSwigger’s products automate security testing for web applications and APIs, enhancing attack surface visibility … Read more
March 5, 2024 at 09:48AM Axonius, a leading player in attack surface management, secured $200 million in late-stage funding, bringing its total raised to $600 million. The Series E extension was led by existing investors and aimed to accelerate global expansion. The company provides a cybersecurity asset management product and has achieved $100 million in … 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
January 26, 2024 at 05:05PM Bastille Networks, Inc. secures a $44 million Series C investment led by Goldman Sachs, with Bessemer Venture Partners joining. The company will utilize the funds to support its rapid growth and expansion into new markets. Goldman Sachs’ investment underscores confidence in Bastille’s innovative wireless threat intelligence, which has tripled its … Read more
December 8, 2023 at 10:18AM ProvenRun, a French startup, secures a €15 million investment to develop secure software for connected vehicles and IoT devices. The funding aims to support the company’s efforts in building advanced security solutions for the automotive and IoT industries. (47 words) Based on the meeting notes, it seems that the French … Read more
November 4, 2023 at 12:30PM Silicon Valley startup Xage Security has raised $20 million in new funding to expand its zero trust security technology beyond traditional IT environments. The company’s investors, including Piva Capital and Chevron Technology Ventures, participated in the financing. Xage also secured a strategic partnership with Science Applications International Corporation (SAIC) to … 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 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
October 12, 2023 at 06:26AM Researchers at Approov have discovered that encryption, authentication, and signing keys are frequently exposed in mobile fintech apps used in Africa. The study found that when the top 10 revenue and download-generating apps were reverse-engineered, passwords, API keys, and private keys for cryptography were exposed. The researchers also identified that … Read more