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Tag: Management&Strategy

Theta Lake Raises $50 Million in Series B Funding Round

Theta Lake, a company that specializes in compliance and security solutions for collaboration platforms, on Wednesday announced raising $50 million in a Series B funding round.

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1Password Increases Top Bug Bounty Reward to $1 Million

Password management software vendor 1Password today announced that it is willing to pay up to $1 million to researchers able to steal secrets from its vault.

The top reward is offered as part of the company’s bug bounty program that has been running on Bugcrowd for years.

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Threat Intelligence Firm Cybersixgill Raises $35 Million

Threat intelligence company Cybersixgill today announced that it has closed a $35 million Series B investment round that brings the total raised by the company to $56 million.

The funding round was led by More Provident and Pension Funds and REV Venture Partners, with additional participation from CrowdStrike, Elron Ventures, OurCrowd, and SonaeIM.

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HelpSystems to Acquire MDR Services Firm Alert Logic

Software firm HelpSystems continues on its cybersecurity buying spree, announcing on Wednesday that it has agreed to acquire Alert Logic, a provider of managed detection and response (MDR) services.

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Security and the Peter Principle – Seven Signs That You Are Working for a “Peter”

Seven signs that you are working for a “Peter” and how you can adjust how you work to compensate

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AppSec Firm Cider Security Emerges From Stealth With $38 Million in Funding

Application security startup Cider Security today emerged from stealth mode with $38 million in funding, which includes $6 million raised in a seed round and $32 million in Series A funding.

The Series A funding round was led by Tiger Global Management and received participation from Glilot Capital Partners and Glilot’s early growth fund, Glilot+.

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VISO Trust Raises $11 Million for Cyber Risk Management Platform

Third-party cyber risk management solutions provider VISO Trust this week announced that it has raised $11 million in Series A funding, which brings the total investment in the company to $14 million.

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NSA Publishes Best Practices for Improving Network Defenses

The National Security Agency (NSA) this week published a set of best practices for organizations looking to improve the overall security of their networks.

The guidance is meant to be generic, applicable to a broad range of network devices, and should help administrators prevent adversaries from exploiting their networks.

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CISA Says Recent Cisco Router Vulnerabilities Exploited in Attacks

CISA Warns of 60 Exploited Vulnerabilities Affecting Cisco, Microsoft Products

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Fraud Prevention Startup nSure.ai Raises $18 Million

Fraud prevention startup nSure.ai has closed an $18 million Series A funding round that brings the total investment in the company to $25.4 million.

The funding round was led by MoreTech Ventures and received participation from previous investors DisruptiveAI, Gryffin Ventures, and Moneta Seeds.

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Open Source Security Foundation Now Counts 60 Members

The Open Source Security Foundation (OpenSSF) on Tuesday announced that 19 more organizations have joined the initiative, showing commitment towards identifying and addressing vulnerabilities in open source software. OpenSSF now has a total of 60 members.

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Cybersecurity M&A Roundup: 35 Deals Announced in February 2022

Cybersecurity M&A Roundup for February 2022

Thirty-five cybersecurity-related merger and acquisition (M&A) deals were announced in February 2022.

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Email Security and Brand Protection Firm Red Sift Raises $54 Million

UK-based email security and brand protection solutions provider Red Sift on Thursday announced raising $54 million in a Series B funding round that brings the total raised by the company to nearly $70 million.

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