Companies to Watch

GreatHorn Raised $6.3 Million to Combat Spear-Phishing Attacks

GreatHorn Raised $6.3 Million to Combat Spear-Phishing Attacks

Belmont, Mass-based start-up GreatHorn announced 06.21.2017completion of a $6.3M Series A funding round led by Techstars Venture Capital Fund and .406 Ventures. The firm is bringing machine learning technology to the continuing threat and problem of targeted spear phishing. CEO Kevin O'Brien said, "What we do is plug into cloud email systems like Google and O365, and we look at all of the mail...

Japanese Telecom SoftBank Corp, Invests $100m. in Israeli Cybersecurity Firm

Japanese Telecom SoftBank Corp, Invests $100m. in Israeli Cybersecurity Firm

Israeli cybersecurity firm Cybereason has raised $100 million from Japanese telecommunications giant SoftBank Corp, the company announced on 21 June. Cybereason secured SoftBank's investment in the firm's fourth financing round, all in all bringing total investments to $189m. in the past 2 years. Based in Boston with a research and development center in Tel Aviv and offices in London and Tokyo,...

Intel Announces New Cybersecurity Collaborations in Israeli Firms

Intel Announces New Cybersecurity Collaborations in Israeli Firms

Intel announced new collaborations with two Tel Aviv-based firms on Wednesday. The US chip giant will be partnering with Team8, a cybersecurity thinktank that helps launch new cyber start-ups and serves as platforms for cyber research initiatives. In addition, Intel will be joining hands with Illusive Networks, to develop a solution for combatting Advanced Persistent Threats, by harnessing...

UK: AimBrain Raises £4 Million to Fight Online Fraud with Biometrics

UK: AimBrain Raises £4 Million to Fight Online Fraud with Biometrics

Cyber-security minnow AimBrain has raised £4m to help tackle the problem of rising online fraud levels faced by banks in what it called a "broken" system. London-based AimBrain, which was founded in 2014, said the way in which banks currently identify customers online is "unsafe, expensive, unpopular with customers and incompatible with global regulations". In response to this rising problem,...

Sqrrl Sniffs Out $12.3 Million to Promote “Threat Hunting” Software

Sqrrl Sniffs Out $12.3 Million to Promote “Threat Hunting” Software

Sqrrl has grabbed $12.3 million from investors to help drive more sales of its software that aims to detect cyber attackers. The Series C funding round was led by Spring Lake Equity Partners, whose partner Jeff Williams will join Sqrrl’s board. Sqrrl’s “threat hunting” software uses machine learning algorithms and other analytics techniques to find and visualize connections between data...

Could an Independent NGO Solve the Issue of Cyber Attack Attribution?

Could an Independent NGO Solve the Issue of Cyber Attack Attribution?

It’s time to create an independent, global organization that will investigate and publicly attribute major cyber attacks. The idea has been put forward by Paul Nicholas, director of Microsoft’s Global Security Strategy. According to the US nonprofit global policy think tank RAND Corporation, this “Global Cyber Attribution Consortium” would have to include technical experts from...

Network Security Startup Balbix Launched with $8M Funding from Mayfield

Network Security Startup Balbix Launched with $8M Funding from Mayfield

On June 6, Balbix announced it came out of stealth with $8M funding from Mayfield and a product they say is the security industry’s first predictive breach-risk platform. The Balbix predictive breach risk platform, which was developed for CISOs and CIOs, calculates and visualizes an enterprise’s cyber-breach risk and resilience across all devices, users and apps in its extended network. The...

For Sale: Israeli Hacking Company NSO Group is On Sale for More Than $1 Billion

For Sale: Israeli Hacking Company NSO Group is On Sale for More Than $1 Billion

The Israeli hacking company NSO Group has been put up for sale for a price of more than $1 billion, according to multiple people familiar with the matter. The U.S.-based private equity firm Francisco Partners Management, which owns NSO Group, is looking to bring in around 10 times the $120 million it paid for a majority stake in the company in 2014. NSO, which is known for selling cutting-edge...

ProtectWise: Futuristic Startup that Managed Cybersecurity for the Super Bowl

ProtectWise: Futuristic Startup that Managed Cybersecurity for the Super Bowl

ProtectWise, which Scott Chasin, the former CTO of security software firm McAfee, co-founded in 2014 in Denver with former McAfee exec Gene Stevens, completely reimagines the way cybersecurity software looks. Instead of staring at pie charts and seemingly infinite strings of characters, you're presented with something much more visual: a three-dimensional cityscape. Your company's entire network...

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YubiKey's Creator Lands $30 Million Investment

YubiKey's Creator Lands $30 Million Investment

The cybersecurity hardware company Yubico announced on 7th June a $30 million investment from a mix of European and North American firms including the California-based Valley Fund and the Swedish equity firm Bure. Yubico, which reports over 100,000 customers including Google and Facebook, builds and sells YubiKey, a small, anti-phishing authentication key that tech giants and individual security...

Illumio: Cyber Security Firm Targets Sales Growth, Raises $125 Million

Illumio: Cyber Security Firm Targets Sales Growth, Raises $125 Million

Cyber security firm Illumio said on Wednesday that it has raised $125 million in a funding round led by J.P. Morgan Asset Management that will help finance product development and international expansion as the unprofitable, privately-held company looks to increase sales. Existing investors including Andreessen Horowitz, General Catalyst, 8VC, Accel and DCVC were among the participants in the...

$100 M Raised in Funding by Security Startup Netskope

$100 M Raised in Funding by Security Startup Netskope

Netskope, a security startup based in Los Altos, Calif., said it raised $100 million in funding on Tuesday. Netskope is what's known as a "cloud access security broker," meaning that it acts as a gatekeeper between businesses and cloud-based apps. The venture capital firms Accel Partners and Lightspeed Venture Partners, led the latest one, Netskope's fifth or "series E." The company did not...

Report: International Nonprofit Would Make Cyber-Attribution Easier

Report: International Nonprofit Would Make Cyber-Attribution Easier

Identifying the perpetrators of cyberattacks and other malicious online activities is tough. That being the case, concludes a new study, what’s needed is an international nongovernmental body consisting of technical, policy and legal experts that could conduct independent investigations into cyber-incidents and publish their results. The study was published Friday by the RAND Corp. “We see...

Krypt.co Gets $1.2M Seed Round to Simplify Developer Encryption Key Security

Krypt.co Gets $1.2M Seed Round to Simplify Developer Encryption Key Security

Krypt.co, a new security startup, is launching with a free product called Kryptonite, designed to help developers protect their private encryption keys, using an app on their smartphones. The company also announced a $1.2 million seed round led by Rough Draft Ventures/General Catalyst with participation from Slow Ventures, SV Angel and Akamai Labs. Kryptonite takes advantage of typical...

$12M Investment by Dell in Security Assessments Firm RiskRecon

$12M Investment by Dell in Security Assessments Firm RiskRecon

RiskRecon is one of the players in the emerging sector of the broader cybersecurity industry, and the startup got a boost from a $12 million Series A funding round. The investment was led by Dell Technologies Capital, with contributions from F-Prime Capital Partners and General Catalyst Partners, which led RiskRecon’s $3 million seed round. The new money will go toward product development and...

CryptoPhoto, a Cybersecurity Startup Stars at Tel Aviv Innovation Challenge

CryptoPhoto, a Cybersecurity Startup Stars at Tel Aviv Innovation Challenge

An Australian cybersecurity startup is gaining international attention but claims Australian big business and governments are reluctant to support home-grown talent. Chris Drake, the Noosa-based founder of authentication tool CryptoPhoto, is currently in Israel where his photo-matching solution won its category at the Tel Aviv University Innovation Challenge. Mr. Drake is participating in...

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Everything you need to know about online cyber and data security companies

This category provides expertly curated cyber security news related to all kinds of cyber security companies. All security companies are included whether it be a small, mid or large cap, a micro, small or medium, a start-up, a technology giant, internet security companies, data security companies and online security companies. The news feed disseminated provides information on all major happenings that include but are not restricted to funding, acquisition and mergers, bug bounty programs, innovation and research, security products and services. The news from this category is of immense use to leadership teams and security professionals who want to keep a tab on the latest business activities taking place in the security industry. The news feed provided on the companies to watch also helps the leadership teams to gain more awareness about the cyber market especially an insight into the performance of different companies thereby helping them in decision making pertaining to business activities like purchase, take over, acquisition, and funding. The quantum of information for taking internal decisions by the leadership team with better risk assessment is also increased. Apart from business related decisions, the leadership teams and cyber professionals also gain awareness on the path breakers and trend setters in security industry. Any company which intends to tread a new path that has not been explored by anyone else is always a good source to learn from.