Abnormal Security has raised $250 million in a Series D round led by Wellington Management, aiming to expand its AI-driven human behavior security platform globally. The funds will support new product development, international market entry, and preparations for a future IPO.
Adlumin CEO Robert Johnston discusses the company's recent $70 million funding round, its global expansion and its solutions for ransomware and data exfiltration prevention. Here are the top bets Adlumin is making around cybersecurity protection for midmarket organizations worldwide.
BigID CEO Dimitri Sirota discusses how the company will use its $60 million Series D funding to drive profitability, pursue strategic acquisitions around artificial intelligence and expand its data security and compliance innovations, including a unique app store for data solutions.
As cybersecurity teams build their incident response plans, the first question they usually ask is, "How can I find the data that's out there?" Faced with third-party supply chain issues and shadow IT, CISOs are struggling with answering that question, said Rubrik's Jason Pope.
With 65% of its revenue coming from the United States, data security startup Odaseva will use its $54 million Series C funding round to enhance R&D, expand its product line and strengthen its market presence in compliance, failover management and zero trust protection.
Acronis President Gaidar Magdanurov discusses the need for immutable backups in the current threat landscape and highlights the benefits of integrating security measures with backup systems to facilitate automated recovery from ransomware attacks and minimize downtime.
Cyberhaven secured $88 million in a Series C round led by Adams Street Partners and Khosla Ventures. The company wants to bolster product development, expand AI detection capabilities and increase market reach in hope of becoming a leader in the fragmented data security market.
Tenable plans to acquire Israeli startup Eureka to enhance its cloud security platform with advanced data security posture management capabilities. The transaction aims to provide customers with comprehensive risk assessment and management tools in a single, unified platform.
IBM, Rubrik, Palo Alto Networks and CrowdStrike entered the red-hot data security posture management market with nine-figure deals announced between May 2023 and March 2024. Now, Tenable reportedly wants a piece of the action as it eyes the purchase of Eureka.
CrowdStrike plans to purchase a data security posture management startup led by an Israeli Defense Forces team leader to safeguard information across endpoints and clouds. The proposed Flow Security deal will give CrowdStrike visibility into cloud data flows and how data interacts with applications.
Unlike identity theft, first-party fraud is harder to spot when a consumer opens an account. To guard against this growing blind spot, banks need to invest in transaction-monitoring tools and take a more holistic approach to fraud, said Ian Mitchell, co-founder of Mission Omega.
It looks as if Carbon Black's days as part of Broadcom are numbered. Broadcom CEO Hock Tan told staff at newly acquired VMware in both an email and town hall meeting that he plans to "review strategic alternatives." The move comes just four years after VMware purchased Carbon Black for $2.1 billion.
Zscaler infused generative AI features into its data protection bundles and is introducing AI-powered products that quantify risk and predict breaches, said CEO Jay Chaudhry. The cloud security firm enhanced its data protection policies for AI/ML apps and tools to lower the likelihood of data loss.
Proofpoint has agreed to purchase a cloud email security provider founded by HSBC, RBS, Santander and UBS alumni to apply artificial intelligence to evolving threats. The proposed acquisition of Boston-based Tessian will help Proofpoint address common forms of data loss including data exfiltration.
Proofpoint will have its third CEO since March 2022 after tapping recently hired CFO Remi Thomas to become its interim top leader. The company selected Thomas to replace Ashan Willy, who started as Proofpoint's CEO just 19 months ago and is exiting to pursue an opportunity outside cybersecurity.
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