April 12, 2024 at 12:48PM Cloud security vendor Wiz has acquired Gem Security, an Israeli startup specializing in cloud detection and incident response technologies, for approximately $350 million. Wiz CEO Assaf Rappaport aims to consolidate cloud security operations and strengthen their CDR capabilities. The acquisition aligns with Wiz’s ambition to lead the market and integrate … Read more
November 20, 2023 at 10:04AM The relationship between chief information security officers (CISOs) and vendors is crucial for the cybersecurity ecosystem. As the role of the CISO evolves due to market changes, COVID-19, and increased cybersecurity awareness, it is important to understand how these changes impact the relationship with vendors. Communication, adaptability, collaboration, and cost-effectiveness … Read more
November 15, 2023 at 07:21AM RADICL, a cybersecurity startup catering to small-to-medium-sized businesses (SMBs), has secured an additional $9 million in funding for its virtual Security Operations Center (vSOC) and XTP platform. The platform aims to provide advanced cybersecurity protection and compliance with the Cybersecurity Maturity Model Certification (CMMC) to SMBs. The funding will support … Read more
October 24, 2023 at 01:03PM Washington DC startup Adlumin has raised $70 million in a Series B funding round, bringing its total raised to $83 million. The company focuses on providing security solutions to small and mid-market organizations, offering a range of tools including SIEM, threat intelligence, and compliance monitoring. Adlumin also offers managed detection … 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