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Okta and Cisco are leading this effort joined by BeyondID, the NGO-ISAC, SANS, and Slack, which will each play a role in delivering the necessary support for the Global Humanitarian ISAC impact. As cybersecurity risks have become increasingly complex, solitary defense is no longer an option.
Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio , which helps plan hybrid in-person and virtual events. Socio was founded in 2016 and raised around $7 million in investment capital, according to Crunchbase data. When it does close, Socio’s 135 employees will be joining Cisco.
Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security , the third company it has purchased this week. Cisco plans to take that technology and integrate into its SecureX platform. The two companies did not disclose the purchase price.
Data lake platform Dremio today announced that it has raised a $160 million Series E funding round led by Adams Street Partners. The company says this preemptive round now brings Dremio’s valuation to $2 billion, up from $1 billion when it raised its Series D round just over a year ago.
Cybersecurity startup Hunters today announced that it has raised a $68 million Series C round led by Stripes. New investors DTCP, Cisco Investments and Databricks also invested in this round, together with existing investors YL Ventures, Bessemer Venture Partners, Microsoft’s venture fund M12, U.S.
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.
Comtrade — having sold the intellectual property of data monitoring software it created for Citrix and Microsoft — realized it could develop and sell data protection products through its own channels. “HYCU is … focused on data resiliency,” Taylor said.
Panaseer , which takes a data science approach to cybersecurity, has raised $26.5 Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated. Panaseer has now raised $43 million to date.
Businesses and the tech companies that serve them are run on data. At its most challenging, though, data can represent a real headache: there is too much of it, in too many places, and too much of a task to bring it into any kind of order. “Data has become the new currency, and the world is pivoting to that,” he said.
VergeSense, a startup that uses machine vision to help businesses better understand how their office spaces are being utilized, today announced that it has raised a $12 million Series B funding round led by Tola Capital. These include the likes of Shell, Quicken Loans, Roche, Cisco and Telus. Image Credits: VergeSense.
AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.
Near — a data intelligence company that has amassed 1.6 Near, originally founded in Singapore in 2012 and now based out of Pasadena, had raised around $134 million in funding, including a $100 million round in 2019 — which had been the company’s last big raise.
Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. This round was led by Bessemer Venture Partners, Lightspeed Venture Partners and Salesforce Ventures.
“To use Salesforce, as an example, you are using it for two things: you’re writing data into Salesforce and you’re taking data out of it,” he explained. The startup announced on Tuesday that it has raised a seed round of $2.8 Image Credits: Rattle. million from Lightspeed and Sequoia Capital India.
It sounds like science fiction, but let me share a few examples I heard about at the conference. One example comes from, StethoCloud , which developed a solution to diagnose childhood pneumonia.
” As wildfire season once again takes hold in the American West, Vibrant Planet told TechCrunch exclusively that it has raised a $17 million seed round led by Ecosystem Integrity Fund and The Jeremy and Hannelore Grantham Environmental Trust. “I quickly realized this is a climate-related issue,” Wolff said.
Tel Aviv-based Grip Security aims to make this a lot easier by providing enterprises with full visibility into their SaaS portfolios through enforceable endpoint-centric access controls and new data governance capabilities that work across devices and locations. These solutions, he argues, worked for protecting a dozen applications or so.
Oort , an identity threat detection and response platform, today announced that it raised $11.5 406 Ventures and Energy Impact Partners with participation from Cisco Investments. “Identity is the only thing standing between attackers on the wide open internet and the assets and data of the enterprise. VC firms poured $2.3
Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. According to data from PitchBook, venture capital investments have reached about $13.66 Kelly Ahuja, a Cisco alum, was tapped as Versa’s CEO in 2016.
When Redpanda launched in 2019, company founder and CEO Alexander Gallego thought a startup devoted to modernizing streaming data should have an appropriately nerdy name. One of the main reasons for that growth is the company’s new focus on limitless data retention, a capability that he said is capturing the attention of the developers.
Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch. ” Image Credits: Lightbits Labs.
There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. Alation’s platform organizes data across disparate systems. Image Credits: Alation.
One of the by-products of today’s IT environments — which can involve multiple clouds and data warehouses, on-premise servers, thousands or even millions of connected devices and users, a multitude of apps and more — is that this size and complexity is a minefield when it comes to security.
And it’s announcing today that it has raised $12 million in Series A funding. Amy Chang, who sold her business intelligence startup Accompany to Cisco, is joining Pragma’s board of directors. ” Pragma is initially targeting game studios with about 10 to 50 team members.
The desire to extract value from enterprise data has only grown as the pandemic prompts organizations to digitize their operations. With the popularization of real-time database technologies, stale data and the problems surrounding it might soon become a thing of the past — if vendors’ sales pitches are to be believed.
While Pipe has gone on to so far raise over $300 million and was valued at $2 billion last year, another player has quietly been building a company in the same space with a laser focus on small and medium enterprises (SMEs) operating in global supply chains. To date, the startup has raised a total of $25.5 million. . “A
Databases are growing at an exponential rate these days, and so when it comes to real-time data observability, organizations are often fighting a losing battle if they try to run analytics or any observability process in a centralized way. ” he exclaimed.). “It makes us much more unique.”
Rezilion said that unnamed executives from Google, Microsoft, CrowdStrike, IBM, Cisco, PayPal, JP Morgan Chase, Nasdaq, eBay, Symantec, RedHat, RSA and Tenable are also in the round. Previously, the company had raised $8 million. It’s time for security teams to embrace security data lakes.
AI is playing a huge role in that navigation game: it’s too much for a single human, or even a large team of humans, to parse; and so a company like BlueOcean building tech to do some of that work for marketing professionals and others to have better data to work with becomes very valuable.
This funding round saw participation from Safe Security’s existing investors, including former Cisco chairman and chief executive John Chambers, and brings the total amount raised by Safe Security to $49.2 To guard against data loss and misuse, the cybersecurity conversation must evolve.
More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation.
billion in 2013 and Cisco buying Ann Arbor, MI-based Duo for $2.35 The company was founded in 2017 and raised almost $58 million along the way, according to Crunchbase data. Other big Midwest exits include Salesforce buying Indianapolis-based ExactTarget for $2.5 billion in 2018.
Groundcover , a performance monitoring platform for cloud apps, today announced that it raised $20 million in a Series A round led by Zeev Ventures with participation from Angular Ventures, Heavybit and Jibe Ventures. The new capital brings the startup’s total raised to $24.5 ” Groundcover’s monitoring dashboard.
“That’s zero-party data.” ” In a highly detailed post with multiple examples , he shares methods for collecting zero-party data that will engage customers and drive higher conversions. If your startup is formulating a zero-party data strategy, please read. On Wednesday, November 17 at 3 p.m. yourprotagonist.
This morning ServiceNow announced that it was acquiring Lightstep , an applications performance monitoring startup that has raised more than $70 million, according to Crunchbase data. It raised $70 million from investors like Altimeter Capital, Sequoia, Redpoint and Harrison Metal. Customers include GitHub, Spotify and Twilio.
AutoRabit , which provides CI/CD tools for Salesforce customer dev teams, today announced that it raised $26 million in a Series B funding round led by Full In Partners, bringing the startup’s total raised to $52.5 Customers might be understandably wary of storing their backed-up CRM data in a third-party cloud.
Pydantic , the popular Python library and open source data-validation framework used by some of the world’s biggest companies, has a new commercial namesake and the backing of one of Silicon Valley’s most storied venture capital (VC) firms. Pydantic Services Inc. emerges from stealth today with $4.7 and Europe.
Xeround, which provides a cloud model database as a service solution (DaaS), informed users on its official company blog that free users will have just one week to move all their data to another database provider. “Shortly after we lost the project, she [Yarkoni] also left and a lot of the money she raised went with her.
The company has now raised around $9 million, and from what we understand, this Series A values the company at around $60 million. “We use data to customize and develop the product,” McCarroll said. “We’re not just a content company.”
This includes VMWare nabbing Octarine last May, Cisco getting PortShift in October and Red Hat buying StackRox last month. It raised about $12 million along the way, according to Crunchbase data. Alcide was founded in 2016 in Tel Aviv, part of the active Israeli security startup scene.
Deep Render , a startup developing AI-powered tech to compress videos on the web, today announced that it raised $9 million in a Series A funding round led by IP Group and Pentech Ventures. “If the internet pipes are difficult to extend, we can only make the data that flows through the pipes smaller,” Besenbruch said. .
After raising several million in financing from VC firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to InfluxData — and went on to raise tens of millions more in capital. ” Platforms like InfluxData have come into vogue in the last few years as the demand for real-time data analysis tools grows.
Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. “Audio data is one of the world’s largest untapped data sources.
Traceable AI , a startup offering services designed to protect APIs from cyberattacks, today announced that it raised $60 million in a Series B round led by IVP with participation from BIG Labs, Unusual Ventures, Tiger Global Management, and several undisclosed angel investors. Businesses need machine learning here.
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