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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.
As evidenced by the larger and larger funding tranches, investors believe that there’s a sizeable market for real-time databases. Thoma Bravo led Imply’s round with participation from OMERS Growth Equity, Bessemer Venture Funds, Andreessen Horowitz, and Khosla Ventures. billion post-money.
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.
Based in San Francisco, ForgeRock has raised $233 million in funding across multiple rounds. There have also been a few big exits in the space over the years, including Duo Security, which was acquired by Cisco for $2.35 The company’s last round was a $93.5 billion in 2018.
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
In a recent Gartner survey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. ” While MetalSoft competes with heavyweights like Cisco and OpenStack, it’s likely to benefit from the recent uptick in investment in on-premises infrastructure.
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