Armis Raises $200M at $4.2B Valuation, Eyes IPO

October 28, 2024 at 10:51PM Armis secured an additional $200 million in funding, achieving a valuation of $4.2 billion as it prepares for an IPO. **Meeting Notes Takeaways:** 1. **Funding Achievement**: Armis successfully raised an additional $200 million in funding. 2. **Valuation**: The current valuation of Armis stands at $4.2 billion. 3. **Future Plans**: The … Read more

C/side Raises $6 Million to Secure the Browser Supply Chain

September 17, 2024 at 11:57AM C/side, a startup focusing on protecting against malicious browser-side third-party scripts, raised $6M in seed funding. It has raised a total of $7.7M. The new investment round included Uncork Capital, Mantis VC, PrimeSet, Roar Ventures, and Scribble Ventures. They aim to help businesses monitor, optimize, and secure third-party scripts using … Read more

Wiz Acquires Gem Security, Pushes Security Tools Consolidation

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

How the Evolving Role of the CISO Impacts Cybersecurity Startups

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

RADICL Adds $9 Million in Funding to Fortify Cyber Defenses of SMBs in Defense Industrial Base

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

Adlumin Snags $70M to Boost Security for Mid-Market Firms

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

SYN Ventures Announces $75 Million Seed Fund for US Cybersecurity Firms

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