Tracebit Raises $5 Million for Threat Deception Solution

July 11, 2024 at 12:21PM British startup Tracebit secures $5M seed-stage funding for cloud-based threat detection and deception tech. London-based company offers cloud-native threat deception technology to strengthen cybersecurity and expedite incident identification. Funding led by Accel, with support from Tapestry VC, 20SALES, and angel investors. Tracebit’s product uses canaries to enhance threat detection, plans … Read more

AirMDR Raises $5 Million for AI-Powered Managed Detection and Response

June 7, 2024 at 08:12AM AirMDR, an AI-powered autonomous managed detection and response (MDR) startup, has secured $5 million in seed funding led by Foundation Capital and Storm Ventures. The company, founded in 2023, utilizes AI to triage security events, respond to natural language questions, and offer cybersecurity capabilities to small and medium-sized businesses. The … Read more

Zendata Emerges From Stealth With Data Security, AI Governance Solutions

May 29, 2024 at 08:12AM San Francisco-based Zendata emerged from stealth mode, raising $2 million in seed funding from PayPal Ventures, First-hand Alliance, Geek Ventures, and Altari Ventures. The company offers no-code solutions for data security and AI governance, including a range of tools for identifying and managing privacy and data risks. Founded by Narayana … Read more

Averlon Emerges From Stealth Mode With $8 Million in Funding

May 24, 2024 at 09:24AM Averlon, a cloud security startup, has secured $8 million in seed funding, making the total raised to $10.5 million. Led by Voyager Capital, the investment also involved Outpost Ventures, Salesforce Ventures, and angel investors. Co-founded by Salesforce and Microsoft cybersecurity experts, Averlon uses AI to identify and counter cloud security … Read more

Token Security Launches Machine-Centric IAM Platform

May 9, 2024 at 08:50AM Token Security provides a “machine-first” identity security platform for managing identities in the cloud and microservices era, focusing on visibility and continuous threat exposure management. The platform integrates with major infrastructure platforms and identity providers, and has secured $7 million in seed funding. Founders Itamar Apelblat and Ido Shlomo have … Read more

Token Security Raises $7 Million Seed Funding for Machine-First Identity Security

May 8, 2024 at 03:33PM Token Security, based in Tel Aviv, has obtained $7 million in seed funding and aims to address the rising challenge of identity security, prioritizing machine identities over human ones. Conventional human-focused identity management is no longer sufficient, as the number of machine identities has surged, leading to increased vulnerability. Token’s … Read more

New AI Security Startup Apex Secures AI Models, Apps

May 3, 2024 at 10:04AM The past two years have seen a rise in generative AI adoption across industries, creating security challenges. Apex, an AI security platform, aims to address this by providing visibility and enforcing security policies for AI activities. Founded in 2023, it has trials with Fortune 500 companies and received $7 million … Read more

Ransomware Defense Startup Mimic Raises Hefty $27M Seed Round 

May 2, 2024 at 12:40PM Mimic, a Silicon Valley startup, secured $27 million in seed funding from Ballistic Ventures, Menlo Ventures, and others. Led by former Shape Security CEO Derek Smith, the company aims to disrupt ransomware detection and recovery. Their technology detects ransomware early, hides critical assets, and offers automated recovery without paying a … Read more

Prophet Security Emerges From Stealth Mode With $11 Million in Funding

April 24, 2024 at 07:06AM Prophet Security, a startup focusing on automating security alert handling, emerges from stealth mode with $11 million seed funding round led by Bain Capital Ventures. The company, leveraging AI, filters and analyzes alerts, providing detailed investigation summaries for security teams. Prophet AI is already deployed in various sectors, delivering a … Read more

Threat-Intelligence Startup VulnCheck Closes $8M Seed Financing

April 19, 2024 at 10:49AM VulnCheck, a startup focused on exploit intelligence, has successfully raised an $8 million seed-stage funding round led by Sorenson Ventures. The company, based in Lexington, Mass., aims to provide technology to prioritize vulnerabilities and offer an early-warning system for software exploitation activity. It differentiates itself through its delivery of machine-readable … Read more