Prompt Security Raises $18 Million for Gen-AI Security Platform

November 22, 2024 at 03:25AM Prompt Security, a startup focused on generative AI security, has successfully raised $18 million in a Series A funding round led by Jump Capital. This investment aims to enhance its security platform to address the growing challenges in AI-related threats. **Meeting Takeaways:** 1. **Company Update**: Prompt Security, a Gen-AI security … Read more

Abstract Security Raises $15 Million in Series A Funding

October 28, 2024 at 09:01AM Abstract Security has secured $15 million in an oversubscribed Series A funding round, led by Munich Re Ventures. This investment will support the company’s growth and development in the security sector. **Meeting Takeaways:** 1. **Funding Achievement:** Abstract Security successfully raised $15 million. 2. **Investment Round:** The funding was part of … Read more

Apono Raises $15.5M Series A Funding for AI-driven, Least Privilege Solution Set

October 1, 2024 at 04:55PM Apono, a privileged access leader for the cloud, has successfully completed its Series A funding round, securing $15.5 million. The funding, led by New Era Capital Partners, will advance Apono’s mission of providing AI-driven, innovative, and secure solutions for managing access in complex cloud environments. The investment reflects strong confidence … Read more

DefectDojo Raises $7 Million for Application Security Platform

September 25, 2024 at 10:42AM DefectDojo, an application security firm based in Austin, Texas, raised $7 million in Series A funding. The company’s open source platform automates security workflows, aggregates data from various tools, and offers vulnerability management capabilities. The funds will support innovation, product development, and market expansion while maintaining a commitment to its … Read more

P0 Security Banks $15M for Security Cloud Access

September 10, 2024 at 10:27AM P0 Security, an early-stage startup, secures $15 million in Series A funding from SYN Ventures, Zscaler, and Lightspeed Venture Partners, totaling $20 million. SYN Ventures’ Ryan Permeh joins its board. It offers cloud access technology to enhance corporate security and addresses challenges posed by the cloud’s expansion. CEO Shashwat Sehgal … Read more

Fabric Cryptography Raises $33 Million for VPU Chip

August 20, 2024 at 08:24AM Fabric Cryptography, a cryptography hardware startup, has raised $33 million in a Series A funding round, bringing the total raised to $39 million. Co-led by 1kx and Blockchain Capital, the investment includes support from Matter Labs, Offchain Labs, and Polygon. The Santa Clara-based company is developing the Verifiable Processing Unit … Read more

Linx Security Launches With Identity Management Platform

July 23, 2024 at 07:39AM Linx Security, a Tel Aviv-based startup, addresses identity management challenges by utilizing AI and analytics. The technology maps an organization’s environment to identify all accounts and manage user access permissions. The platform aims to reduce the attack surface, ensure compliance, and streamline operations. Linx has received $27 million in Series … Read more

Risk Management Firm CyberSaint Raises $21 Million

March 20, 2024 at 06:51AM CyberSaint, a cyber risk management company, raised $21 million in Series A funding, bringing its total to $29 million. The investment was led by Riverside Acceleration Capita (RAC) with participation from other investors. With the new funding, CyberSaint plans to expand its AI-powered CyberStrong platform designed to automate compliance, quantify … Read more

Permit.io Raises $8 Million for Authorization Platform

February 16, 2024 at 10:03AM Permit.io, an Israeli startup, secured $8 million in Series A funding, totaling $14 million. Led by Scale Venture Partners, the round included Firestreak, NFX, Roosh Ventures, and Verissimo Ventures. The Tel Aviv-based company, founded in 2021, focuses on a full-stack authorization framework for application developers. Its latest release, Approval Flows, … Read more

Has the Investment Bubble Burst in Israeli Cybersecurity?

January 10, 2024 at 12:12PM Funding for Israeli startups decreased by 60% in 2023, reflecting a broader decline in tech investments. The market correction is attributed to inflated valuations. Israeli cybersecurity startups raised $1.89 billion in 2023 compared to $3.22 billion in 2022. Experts anticipate a shift towards more realistic company valuations and increased focus … Read more