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Versa raises $120M for its software-defined networking and security stack

TechCrunch

And Gartner estimates spending on information security and risk management will total $172 billion in 2022, up from $155 billion in 2021 and $137 billion the year prior. Kelly Ahuja, a Cisco alum, was tapped as Versa’s CEO in 2016. It helps these vendors have customers — or at least potential customers — in droves.

Network 77
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Real-time database startup Imply reaches unicorn status with $100M infusion

TechCrunch

The first wave in the 2000s was trying to solve the large-scale data processing and storage challenges, which [tools like] HDFS, MapReduce, and Spark addressed,” Yang told TechCrunch in an email interview. Gartner once predicted that, by this year, 75% of all databases will be deployed or migrated to a cloud platform.

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HYCU locks down additional funding to grow its cloud data protection business

TechCrunch

In an email interview with TechCrunch, CEO Simon Taylor said that the proceeds will be put toward expanding HYCU’s 300-person team with a particular focus on customer success and partnerships as well as funding the development of new products and services, including a software-as-a-service product.

Data 101
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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

Gartner predicts that 90% of web-enabled apps will have more attack surfaces exposed in APIs than user interfaces and that API abuses will become the top attack vector for most companies in 2022. Bansal is a serial entrepreneur, having cofounded app performance management company AppDynamics (which was acquired by Cisco for $3.7

API 93
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MetalSoft aims to help manage server infrastructure through automation

TechCrunch

In a recent Gartner survey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. “We provide a turnkey solution to service providers to offer … cloud services,” Roh told TechCrunch in an email interview.

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The Bottom Line with Bitdefender BOX

Tech Soup

Gartner, a research firm, estimates that by 2020, the IoT will include 25 billion devices. TechSoup donor partner Cisco predicts that IoT will account for the majority of Internet traffic by 2018. Currently the largest growth in IoT is in the automotive sector. The Internet of Things is already upon us.