Stream.Security Secures $30 Million Series B 

October 22, 2024 at 09:08AM Stream.Security, previously known as Lightlytics, has raised $55 million since its 2020 launch of a cloud data security product. The company recently secured $30 million in a Series B funding round. **Meeting Takeaways:** 1. **Company Overview**: Stream.Security, previously known as Lightlytics, specializes in cloud data security solutions. 2. **Funding Status**: … Read more

Intezer Raises $33M to Extend AI-Powered SOC Platform

September 17, 2024 at 01:15PM Intezer, an Israeli cybersecurity startup, has raised $33 million in a new investment round, bringing its total capital to $60 million. The round was led by Norwest Venture Partners and also included Intel Capital, OpenView, and Magma. The company plans to use the funding to accelerate its AI Security Operations … Read more

UK Data Centers Gain Critical Infrastructure Status, Raising Green Belt Controversy

September 13, 2024 at 08:03AM UK Technology Secretary Peter Kyle announced that data centers in the UK are now classified as part of the country’s Critical National Infrastructure. The designation aims to enhance cybersecurity and facilitate government support. However, concerns have arisen over plans for a new data center in a protected Green Belt region. … Read more

Lakera Raises $20M Series A to Secure Generative AI Applications

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

Cybersecurity Veteran Kevin Mandia Named General Partner of Ballistic Ventures

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

Bolster Raises $14 Million for AI-Powered Phishing Protection

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

Second time lucky for Thoma Bravo, which scoops up Darktrace for $5.3B

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

Fresh $100 Million Claroty Funding Brings Total to $735 Million 

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