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Blockaid Secures $33 Million Investment to Protect Blockchain Applications Blockaid, a blockchain application security startup, has emerged from stealth mode with a Series A funding round that raised $33 million. The investment, led by Ribbit Capital and Variant, with additional participation from Cyberstarts, Greylock Partners, and Sequoia Capital, will enable Blockaid to further develop technology…
Artificial Intelligence Generative AI Startup Nexusflow Raises $10.6 Million California-based startup Nexusflow has secured $10.6 million in seed funding to develop technology that utilizes generative AI to improve organizational security. The investment round was led by Point72 Ventures, with additional funding from Fusion Fund and several angel investors. Nexusflow aims to build an open-source large…
Cybersecurity Funding: Cypago Raises $13 Million for GRC Automation Platform Introduction Israeli startup Cypago has recently announced that it has secured $13 million in funding to support the development and launch of its governance, risk management, and compliance (GRC) automation platform. Led by Entrée Capital, Axon Ventures, and Jump Capital, with participation from angel investors,…
Cybersecurity Funding: Cyble Raises $24 Million for AI-Powered Threat Intelligence Platform Introduction Threat intelligence firm Cyble has successfully raised $24 million in a Series B funding round co-led by Blackbird Ventures and King River Capital, bringing their total invested capital to over $38 million. Cyble, founded in 2019 and based in Atlanta, Georgia, provides AI-powered…
Cybersecurity Funding Nile Raises $175 Million for Secure NaaS Solutions August 1, 2023 Introduction Nile, a network-as-a-service (NaaS) solutions provider, has recently announced that it raised $175 million in a Series C funding round, bringing the total investment in the company to $300 million. The funding round was co-led by March Capital and Sanabil Investments,…
Firmware Vulnerabilities Highlight the Growing Threat Landscape The discovery of moderate to severe vulnerabilities in baseboard management controllers (BMCs) used by 15 different vendors in December 2022 has highlighted the dangers of firmware flaws. Firmware, which operates closer to the hardware level, is difficult to detect and address using traditional security scanners. Compromising firmware components…
The Future of Secure Code Warrior: A Gamechanger in Software Security Increased Funding and Growth Secure Code Warrior, a leading provider of secure coding education and tools, has recently closed its Series C funding round, securing an impressive $50 million investment. This funding, led by Paladin Capital Group, is the largest investment the company has…
Cloud Misconfigurations: A Significant Threat to Enterprise Data Security Cloud misconfigurations have emerged as a leading cause of data breaches in the enterprise, particularly with the increasing adoption of cloud and multicloud environments. These misconfigurations occur when cloud services are not properly secured and inadvertently expose sensitive data to unauthorized access. The complexity of managing…
## Invary Raises $1.85 Million in Pre-Seed Funding for Runtime Integrity Solution **Lawrence, Kansas** – Invary, a startup specializing in operating system runtime validation and security, has secured $1.85 million in a pre-seed funding round led by Flyover Capital. The funding will be used to launch its runtime integrity solution, which aims to enhance operating…
Cybersecurity Funding Astrix Raises $25 Million to Help Enterprises Secure App-to-App Connections Astrix Security raises $25 million in Series A funding for its solution designed to help enterprises secure non-human identities. Astrix Security, an Israel-based company specializing in securing app-to-app connections, has announced that it raised $25 million in Series A funding. The investment round,…