Halcyon has raised $100 million in Series C funding, reaching a $1 billion valuation. The company plans to enhance its cutting-edge ransomware solutions by taking on data exfiltration, deepen ties with Dell and Cisco, and expand its market presence into Japan with a partner-driven approach.
Cyera secures $300M in funding from Accel and Sapphire Ventures, doubling its valuation to $3 billion. The company is enhancing its data security platform by integrating DSPM with DLP and identity security capabilities, addressing enterprise demand for comprehensive solutions.
Proofpoint will acquire DSPM startup Normalyze to strengthen its data security offerings across cloud, SaaS and hybrid environments. The company aims to give security teams enhanced visibility, control and human-centric risk reduction for sensitive data across complex infrastructures.
In the latest weekly update, ISMG editors discussed the strategic convergence of data security posture management and data loss prevention technologies, evolving priorities of security leaders and the urgent readiness challenges posed by the NIS2 Directive.
With the $162 million buy of Trail Security, Cyera will offer customers AI-enhanced data loss prevention alongside its DSPM solution. The new platform promises stronger, real-time data protection for sensitive information both in motion and at rest, helping enterprises meet security demands.
Netskope’s purchase of Dasera enhances its data security posture management capabilities, enabling customers to secure both structured and unstructured data across cloud and on-premises environments. The integration will offer a platform for holistic data protection and security posture management.
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.
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