Israel Defies VC Downturn With More Cybersecurity Investments

November 27, 2024 at 02:06AM Despite a global slowdown in cybersecurity funding, Israeli startups secure significant investments amid ongoing military operations and regional tensions. Israel remains a key tech innovation hub, and cybersecurity investments are projected to rise 45% in 2024, reversing previous declines. Investors prefer addressing global issues rather than local ones. **Meeting Takeaways: … Read more

Jake Williams Joins Hunter Strategy As VP of RND & Managing Director of Hunter Labs

October 24, 2024 at 05:42PM Hunter Strategy has appointed cybersecurity expert Jake Williams as Vice President of Research and Development and Managing Director of Hunter Labs. He will lead the innovative lab focused on emerging technologies and providing advanced solutions for investment firms. Williams aims to enhance cybersecurity research and practical applications within the company. … Read more

Kevin Mandia Joins Expel’s Board of Directors

October 1, 2024 at 05:47PM Expel, a leading managed detection and response (MDR) provider, has appointed cybersecurity expert Kevin Mandia to its board of directors. This comes as Expel experiences significant growth and strategic partnerships, achieving centaur status with over $100 million in annual recurring revenue. Mandia’s appointment reflects confidence in Expel’s leadership and commitment … Read more

Operant AI Lands $10M Investment to Boost Runtime Protection for Cloud and AI

September 12, 2024 at 01:30PM Operant AI, a San Francisco startup led by Vrajesh Bhavsar and Priyanka Tembey, secured $10 million in Series A funding from several investors, bringing its total funding to $13.5 million. The company specializes in runtime protection for cloud applications, APIs, and AI systems, aiming to offer real-time security across multiple … Read more

AppCD Closes $12.3M Seed Round and Rebrands to StackGen

September 11, 2024 at 01:11PM StackGen, formerly appCD, closed a $12.3M seed round led by Thomvest Ventures with existing investors, and appointed Arshad Sayyad as Chief Business Officer. Its funding will accelerate product development and enhance its go-to-market strategy. StackGen is revolutionizing infrastructure from code and providing seamless, full-stack solutions to meet growing demand from … Read more

SplxAI Raises $2 Million to Protect AI Chatbot Apps

September 11, 2024 at 11:24AM SplxAI, an early-stage startup, has secured $2 million in pre-seed funding led by Inovo.vc, with additional investments from Runtime Ventures, South Central Ventures, and angel investors. Founded in 2023, SplxAI aims to provide a security platform to identify vulnerabilities in AI chatbots and conversational systems, with plans to build an … Read more

Former NSA Director Paul Nakasone Joins Ballistic Ventures as Strategic Advisor

August 5, 2024 at 09:42AM Retired U.S. Army General Paul M. Nakasone has joined cybersecurity-focused venture capital firm Ballistic Ventures as a Strategic Advisor. With extensive experience in national security and cyber operations, Nakasone will provide strategic support to the firm’s portfolio companies. His appointment emphasizes the importance of public-private partnerships in addressing cyber threats. … Read more

Dazz Scores Hefty $50M Investment for AI-Powered Risk Remediation Tech

July 24, 2024 at 03:01PM Israeli startup Dazz secures a $50 million investment to advance its AI-driven risk prioritization and remediation technology. With a total of $110 million raised, the company aims to revolutionize vulnerability management through automation and root-cause analysis. Dazz intends to empower security and engineering teams with its Unified Remediation Platform, led … Read more

Wiz to Pursue IPO as It Walks Away From $23 Billion Google Deal

July 23, 2024 at 03:51AM Israeli cloud security company Wiz rejects a $23 billion offer from Alphabet, choosing to pursue an IPO as originally planned. Antitrust and investor concerns led to the deal’s collapse. Backed by venture capital firms, Wiz aims for an annual recurring revenue of $1 billion and focuses on its cloud security … Read more

Ex-GitHub Engineers Raise $20M to Enhance Pen-Testing with AI-Powered XBOW

July 16, 2024 at 10:27AM Former GitHub engineers secured $20 million from Sequoia Capital for startup XBOW, aiming to use AI to boost pentesters, bug hunters, and security researchers’ efficiency. Founded by Oege de Moor and ex-GitHub engineers, the team includes former Lyft CISO Nico Waisman. XBOW’s AI autonomously passed 75% of web security benchmarks … Read more