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Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of strong demand from the market for its tools. Israel’s cybersecurity startup scene spawned new entrants in 2019.
According to a Gartner’s report , about 75% of compliance leaders say they still lack the confidence to effectively run and report on program outcomes despite the added scrutiny on data privacy and protection and newly added regulations over the last several years. Image Credits: anecdotes.
million seed funding round, led by State of Mind Ventures and Flybridge, with participation from toDay Ventures, Merlin Ventures and a number of angel investors. Indeed, Gartner expects that by 2023, “75% of security failures will result from inadequate management of identities, access, and privileges.”. Image Credits: Rezonate.
Cloud security is one of the big drivers among enterprises making IT investments this year, according to a recent report from Gartner , which estimated that some $4.4 The funding is coming in the form of a Series B round of funding led by Insight Partners, with other unnamed previous backers also participating.
Now, a startup betting on virtual learning in higher education — and investing in the innovation to deliver that — is announcing a round of funding as it continues to expand its business. Notably, the funding is coming only seven months after the startup first emerged from stealth in October 2020 , and investors from the $14.5
While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 Bringing its funding to nearly $1 billion ($900 million), CEO Rappaport says the new cash will be put toward product development and hiring well into the new year. billion in 2022, according to Momentum Cyber.
By 2025, Gartner estimates that more than 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. The move to the cloud, accelerated by the pandemic, continues unabated. The motivation is convenience partly — cloud platforms can be accessed from anywhere, ideal for the remote or hybrid workforce.
A recent Gartner survey showed that SMB buyers spend only 17% of their time talking to vendors, making winning the business of SMBs a challenge. The company has around 30 employees across Israel, the U.S. While small- and medium-sized (SMBs) businesses are the bulwark of the economy, driving up to 44% of activity in the U.S.
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