Tracebit Raises $5 Million for Threat Deception Solution

July 11, 2024 at 12:21PM British startup Tracebit secures $5M seed-stage funding for cloud-based threat detection and deception tech. London-based company offers cloud-native threat deception technology to strengthen cybersecurity and expedite incident identification. Funding led by Accel, with support from Tapestry VC, 20SALES, and angel investors. Tracebit’s product uses canaries to enhance threat detection, plans … Read more

Oasis Security Raises $35 Million to Tackle Non-Human Identity Management

May 1, 2024 at 02:58PM Identity management startup Oasis Security secured $35 million in a Series A extension round, totaling $75 million raised. The round, led by Accel, Cyberstarts, and Sequoia Capital, aims to help organizations manage Non-Human Identities (NHI) securely. Their software offers agentless connection, built-in analytics, severity scoring, and tailored remediation. The funding … Read more

Apptega Raises $15 Million for Cybersecurity Compliance Platform

April 30, 2024 at 01:33PM Atlanta-based cybersecurity compliance startup Apptega has secured $15 million in growth equity and debt capital, with a total raised of over $50 million. The company’s platform offers real-time security and compliance scoring for managed security service providers. The new investment will support Apptega’s focus on AI-driven products to enhance security … Read more

Prophet Security Emerges From Stealth Mode With $11 Million in Funding

April 24, 2024 at 07:06AM Prophet Security, a startup focusing on automating security alert handling, emerges from stealth mode with $11 million seed funding round led by Bain Capital Ventures. The company, leveraging AI, filters and analyzes alerts, providing detailed investigation summaries for security teams. Prophet AI is already deployed in various sectors, delivering a … Read more

Cybersecurity Startup Morphisec Appoints Ron Reinfeld As CEO

February 29, 2024 at 04:24PM Morphisec’s endpoint security system (MTD) appoints Ron Reinfeld as the new CEO, succeeding Ronen Yehoshua, who remains the President. Reinfeld’s CFO experience at IntSights and Zooz, along with advisory roles at tech startups, positions him to lead Morphisec’s continued growth and profitability. The company’s positive shift includes plans for ongoing … Read more