RSA Conference 2025 Innovation Sandbox Contest Celebrates 20th Anniversary

November 21, 2024 at 05:22PM Starting in April 2025, RSA Conference will provide $5 million in funding to the Top 10 Finalists of the Innovation Sandbox contest, enhancing innovation against cybersecurity threats. The contest, celebrating its 20th anniversary, showcases startups and has significantly influenced the cybersecurity landscape, helping participants secure substantial investments. ### Meeting Takeaways … Read more

Apono Raises $15.5 Million for Cloud Access Platform

October 1, 2024 at 07:27AM Apono, a cloud access provider, has secured $15.5 million in a Series A funding round led by New Era Capital Partners. This investment signals the company’s potential for growth and development in the cloud access platform sector. (46 words) Based on the meeting notes, it appears that cloud access provider … Read more

Cybersecurity Firms Raised $2.3 Billion in Q1 2024: Report

April 5, 2024 at 07:06AM Cybersecurity companies raised $2.3 billion in funding in Q1 2024, tracked by Pinpoint Search Group. While comparable to Q1 2023, funding was 20% less. Notably, late-stage rounds saw traction, signaling positive indicators. Mark Sasson of Pinpoint highlights challenges in 2023 but observes positive trends in 2024. Major fundings included Silverfort, … 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