Fuel Accelerator’s Post

Prompt Security secures $18M in Series A funding to enhance Generative AI security for enterprises. Led by Jump Capital and supported by Hetz Ventures, Ridge Ventures, and tech leaders Okta and F5, this round brings the total funding to $23M. Founded by Itamar Golan (CEO) and Lior Drihem (CTO), Prompt Security protects organizations from GenAI risks, offering full visibility, governance, and defense against AI threats like data leaks and prompt injections. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eR7sehfi 🚀 #GenAI #AI #Security #Funding #Cybersecurity

🚀 We’re excited to share a huge milestone in our CybaVerse journey! Five years ago, Gemma B. and I started CybaVerse with just a laptop, a vision, and a lot of grit. Bootstrapping our way through the challenges, we’ve grown from those early days into a multi-million-pound company. Today, our SaaS platform, Cybaverse AI, is transforming cyber security for SMEs and MSP's, and we’re taking our next big step with a successful investment round of over £1.1 million. This funding, backed by The FSE Group, Haatch, Founder + Lightning and several angel investors, fuels our mission to keep innovating and building a top-tier platform for businesses of all sizes. We’re also thrilled to welcome new talent to our growing team, including Andreas W., Juliette Hudson, and Nicola Hartland, as we expand our capabilities and continue pushing forward. #Cybaverse #Cybersecurity #Growth #Investment #SaaS

Great to discuss different approaches to investing in Cyber Security with an excellent panel. Thanks to Ben Cocoracchio for hosting!

Last weeks funding in #cybersecurity Eon.io launched their next-generation cloud backup solution from stealth with a huge $77m Series B via Greenoaks to bring their total funding up to $127m since launching in January of this year! Congrats to founders Ofir Ehrlich, Gonen Stein, and Ron Kimchi Harmonic Security raised a $17.5m Series A from Next47. The RSA Innovation Sandbox finalists help companies to adopt Generative AI without risking the security and privacy of their data. Well done to founders Alastair Paterson and Bryan Woolgar-O'Neil. Apono secured a $15.5m Series A via New Era Capital Partners to accelerate their PAM platform product development, drive innovation, and expand further in the U.S. market. Well done to co-founders Rom Carmel 🚀 and Ofir Stein. AMLYZE raised €2.35m seed, led by Practica Capital for their AI based cross-border information-sharing platform for anti-financial crime. Congrats to CEO Gabrielius Erikas Bilkstys and the team. Adaptive raised a $1.4m seed via EVE ATLAS for their DSPM platform bringing data security and IAM together. Well done to founders Ronak Massand and Debarshi Basak #Cybersecurity #Funding

Are we overlooking a crucial factor in startup success? Jennifer Addie, COO and Chief Wellness Officer at VentureScope and MACH37 Cyber Accelerator, and CEO Jason Chen share insights from the RSA Conference 2024 panel on "Accelerators in Cybersecurity: Seizing Opportunity in a Shifting Landscape." They explain how the lack of well-being among founders can lead to #startup failures, with stress and burnout often overlooked by investors. Watch the full session from our CEO Jason Chen and COO and CWO Jennifer Addie below: https://lnkd.in/gtAZc_v9

Corgea (YC S23), an AI-driven cybersecurity startup founded by Ahmad Sadeddin, has raised $2.5M in seed funding led by Shorooq Partners, with support from Y Combinator, Propeller, Decacorn Capital, Unbound Ventures, and angels like YouTube co-founder Jawed Karim. Corgea’s platform tackles undetected vulnerabilities, reducing false positives by 30% and accelerating remediation by 80%. Shorooq’s Tamer Azer highlighted Corgea’s potential to meet the urgent need for scalable, automated security solutions across the Middle East and beyond. https://lnkd.in/ewdXBEvm #Corgea #Cybersecurity #AI #SeedFunding #ShorooqPartners #AhmadSadeddin #DevSecOps

Excited to share incredible news from Startup Wise Guys! 🚀 Our portfolio companies are smashing records with double-digit ARR growth in just one quarter. Plus, we're gearing up for few new investments in #cybersecurity and #defense. Stay tuned for big announcements and opportunities! #innovation #growth #startupsuccess

Sometimes the most meaningful connections happen when you least expect them. After meeting people from every corner of the globe, countless hours on my feet, and sleepless nights at Web Summit, I thought my energy reserves were depleted. But there I was at 3:30 AM, waiting for a GETT at TLV airport, when serendipity struck. A conversation with the gentleman behind me revealed he was none other than Shlomi Beer, CEO of Impersonally - and a Top 10 finalist (out of 2,700!) in the Web Summit startup competition! Shlomi isn't your typical founder. A Technion graduate with multiple successful exits, he's now tackling one of the internet's most pressing challenges at Impersonally: protecting brands and users from impersonation and misinformation fraud. The incredible traction and interest they're seeing speaks volumes. Here's to chance encounters and the brilliant minds making the digital world a safer place! Looking forward to crossing paths again, Shlomi! 🚀 #WebSummit #StartupLife #Cybersecurity #TechInnovation #Networking #Serendipity #TLV

Last week in Cybersecurity, $42m raised, across three Seed rounds: ⬇️ 1 headquartered out of London, 1 from Tel Aviv, and last but not least, Austin, TX! Tracebit Announces $5m Seed Funding | This round was led by Accel with participation from Tapestry VC. Founded in 2023, Tracebit are offering a cloud threat detection and deception platform. Cytactic Announces $16m Seed Funding | This round was led by Evolution Equity Partners. Cytactic are offering a platform pioneering cyber crisis readiness and management. Command Zero Announces $21m Seed Funding | This round was led by Andreessen Horowitz with participation from Insight Partners. Founded in 2022, Command Zero are offering an Autonomous and user-led cyber investigation platform. Congrats to all founders, teams, and investors 🚀