Cybersecurity VCLink’s Post

The intersection of AI & Security has created many new opportunities within the cybersecurity market. This was definitely the key theme of #RSAC 2024. Protect AI appreciates the support from Evolution Equity Partners! #protectai #mlsecops #huntr #aisecurity

#Cybersecurity startup Halcyon is the industry’s latest #Unicorn, reaching $1 billion valuation in a deal to raise $100 million as it aims to combat the rise of #Ransomware attacks. The financing for the #Austin, #Texas-based company was led by Evolution Equity Partners, with participation from Bain Capital Ventures, ServiceNow Ventures and others. Halcyon has raised $190 million to date. Co-founder and CEO Jon Miller said ransomware is increasing “at a rate we’ve never seen before,” citing threats from #Russia, #China, #Iran and #NorthKorea. Read it in Bloomberg. https://lnkd.in/eNGbqgp7

#fundingalert 💼Company: Vorlon 💰Funding: Undisclosed Amount ⚡Round:  Series A 👥Investors: Accel, Shield Capital Vorlon was founded in 2022 by Amir Khayat and Amichay Spivak who hold a combined 35+ years of cybersecurity experience. Prior, they developed and sold a Security Orchestration Automation and Response platform called Demisto (now branded XSOAR) which was acquired in 2019 by Palo Alto Networks in its third largest acquisition to date. After raising series A round the total $15.7 million in capital funding. total funidng is use to further its efforts to help CISOs and their security teams proactively secure the third-party APIs their organization consumes. Amir Khayat, Steve Loughlin, Raj S., Amichay Spivak, Netta Drimer, Alex 🍯 Yakubov, Adam Burt, Carl Elsinger Read more - https://lnkd.in/g8rUYxrh To share your startup story write us on - contact@startuprise.io #Vorlon #cybersecurity #proactively #acquisition #funding #startupnews #fundingnews #news #startuprise

Thrilled to announce my partnership with CyWreck , a visionary venture led by my childhood friend,Nikhil Nair. Investing in Cywreck is more than a business decision; it's a belief in a safer digital future. Nikhil's innovative approach to cybersecurity, focusing on quality, detailed analysis, and custom solutions, positions Cywreck as a beacon in the tech world. His foresight in addressing evolving digital threats ensures that Cywreck isn't just a company for today but a necessity for tomorrow. Here's to building a secure digital legacy together! In the realm of startup investments, it is my firm belief that the true value lies in investing in the individuals behind the ventures rather than the ideas themselves. This philosophy embraces a vision where the strength, passion, and resilience of founders and their teams become the cornerstone of success, heralding a future where people, above all, are the most significant assets in the entrepreneurial landscape. #CyberSecurity #Innovation

Looking at Startup Valuation Trends in ECF by Industry 📊 📈 Chart of the Week: Our latest analysis looks into startup valuations in Equity Crowdfunding. Discover how startups fare against industry benchmarks and the prevalence of overvaluation. 💼 Pitch Review: Gryphon Online Safety - Revolutionizing cybersecurity with advanced WiFi systems. A company demonstrating significant market traction and innovation. Subscribe to our newsletter for more insights, interesting deals, and analysis: https://buff.ly/3TRSmdp #StartupValuation #ECF #Cybersecurity #AlternativeInvestments #VentureCapital

🤩 Wow! Zafran made The Information’s exclusive list of Top 50 Most Promising Startups, 1 of just 3 cybersecurity companies to make the cut. “The Information selected 50 companies that have the potential to be the most valuable businesses in their categories based on their revenue, business model and growth prospects.” 🙏 Thank you Aaron Holmes and Jon Victor for the recognition of our momentum in the Threat Exposure Management market. Check out the full list: https://lnkd.in/grz8BFmi #CTEM #ExposureManagement #RiskMitigation Sanaz Yashar Snir Havdala Ben Seri

San Francisco-based cybersecurity startup Abnormal Security closed a $250 million Series D, valuing it at $5.1 billion. Led by Wellington Management, the round saw participation from Greylock Partners, Menlo Ventures, Insight Partners, and Falcon Fund. This valuation is a 28% increase from its $4 billion valuation in May 2022. Founded in 2018, Abnormal leverages machine learning and AI to prevent attacks and find compromised accounts in email and connected applications. With nearly $546 million raised, the startup recently surpassed $200 million in annual recurring revenue. Cybersecurity funding rebounded strongly in Q2 2024, with $4.4 billion invested, a 63% increase from Q1. #AbnormalSecurity #Cybersecurity #SeriesDFunding #Valuation #StartupSuccess #TechFunding #InnovationInSecurity #StartupCompany #StartupIndiaSummit2024 #EPNews

How are accelerators revolutionizing the #startup ecosystem? Jason Chen, CEO and Executive Director of MACH37, and COO Jennifer Addie highlight their multifaceted value at the RSA Conference 2024 in their session on "Accelerators in Cybersecurity: Seizing Opportunity in a Shifting Landscape". In their session, they delve into how accelerators provide crucial resources and support for founders, while also vetting and validating startups for investors, partners, and customers. Watch the full session with Jason Chen and Jennifer Addie at #RSA2024: https://lnkd.in/gtAZc_v9

An interesting update from one of the stalwarts of the cybersecurity industry, Check Point Software. Tellingly, with at 30 years at the helm, Gil Shwed is the longest-tenured CEO on Nasdaq. This will be an exciting experiment to put a VC and founder (who is an investor and chair of 17 startup companies). It is compelling to bring in an innovator into the top spot, and will be interesting to see if he can make a difference. #cyber #cybersecurity #vc #innovation #checkpoint https://lnkd.in/gRZeaFVW

Israeli cyber start-up in talks to raise funds valuing it at over $10bn - Financial Times: Israeli cyber start-up in talks to raise funds valuing it at over $10bn  Financial Times #CyberSecurity #InfoSec #SecurityInsights