July 12, 2024 at 04:24PM House committee chairs are urging the White House to investigate the deal between G42 and Microsoft, expressing concerns about the risk of advanced AI technology reaching China. They highlight potential national security implications and call for safeguards to protect US-origin goods and technology. Both Microsoft and G42 have defended their … Read more
May 1, 2024 at 02:58PM Identity management startup Oasis Security secured $35 million in a Series A extension round, totaling $75 million raised. The round, led by Accel, Cyberstarts, and Sequoia Capital, aims to help organizations manage Non-Human Identities (NHI) securely. Their software offers agentless connection, built-in analytics, severity scoring, and tailored remediation. The funding … Read more
January 31, 2024 at 12:36PM Reken, an AI-defense cybersecurity firm, secured an oversubscribed $10 million seed funding without a publicly available product. The funding from Greycroft, FPV Ventures, Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners, will support undisclosed R&D. Co-founded by industry veterans, Reken aims to tackle the growing threat … Read more