July 29, 2024 at 05:39PM Lakera, a leading real-time GenAI security company, secured $20 million in Series A funding. This brings their total funding to $30 million and positions them at the forefront of securing GenAI applications. With a prediction of increased GenAI adoption, Lakera’s platform is expected to see continued demand. The company plans … Read more
June 28, 2024 at 05:22PM Ballistic Ventures, a cybersecurity-focused venture capital firm, has named co-founder Kevin Mandia as General Partner. Mandia, a cybersecurity expert with an impressive track record, has held leadership roles at prominent firms and has been appointed to prestigious advisory committees. His transition to General Partner follows the firm’s successful fundraising and … Read more
May 23, 2024 at 09:09AM Bolster, a multi-channel phishing protection provider, has secured $14 million in a Series B funding round led by Microsoft’s M12, with additional funding from several other ventures. The Santa Clara-based company founded in 2019 uses AI and ML to prevent phishing and impersonation attacks. The funding will accelerate go-to-market initiatives … Read more
April 26, 2024 at 12:06PM Thoma Bravo completes a $5.3 billion acquisition of UK-based cybersecurity company Darktrace, which saw its share price plummet due to a failed deal and accounting fraud allegations. The private equity firm plans to take Darktrace private, citing its strong financials and innovative cybersecurity AI. The move raises concerns about UK … Read more
March 6, 2024 at 11:27AM Claroty, a cyber-physical systems security company, has raised $100 million in strategic growth funding, making its total investment $735 million. Participants in the latest funding round include Delta-v Capital, AB Private Credit Investors, Standard Investments, Toshiba Digital Solutions, Rockwell Automation, and Silicon Valley Bank. Claroty plans to use the funding … Read more