Security News
Feedzai, a late-stage fintech startup, is the latest entrant into cybersecurity's unicorn club after snagging a new $200 million funding round that values the company at more than $1 billion. The San Mateo, Calif.- based Feedzai said the latest Series D round was led by KKR, one of the most prominent global investment firms.
Digital identity network play ID.me, Inc. has joined the growing list of cybersecurity unicorns after banking a new $100 million funding round that values the company at $1.5 billion. ID.me, based in McLean, Va., said it will use the new money to build out its secure digital identity network by hiring top talent and expanding the number of businesses and government agencies it serves.
Network and asset discovery provider Rumble this week announced that it has raised $5 million in VC funding. Founded by H.D. Moore, who is best known for creating Metasploit and who also started Rapid7's Project Sonar, Rumble officially launched in October 2019, after a six-month beta period.
FIDO-certified multi-factor authentication provider LoginID this week announced that it raised $6 million in seed funding. Founded in 2019 and based in San Mateo, California, LoginID provides identity protection and control over personal information, helping companies add FIDO-certified biometrics to websites and applications, including ecommerce and banking sites.
Venture funding continues to flow this week, with extended detection and response firm Cynet adding $40 million to its coffers via a Series C funding round led by Greenfield Partners. Founded in 2015, Cynet offers an autonomous XDR platform designed to help organizations of all sizes detect threats and respond to incidents by automating monitoring, attack prevention and detection, and response orchestration capabilities.
Container security firm Aqua Security on Wednesday announced that it has raised $135 million in a Series E funding round at a valuation that exceeds $1 billion, which makes the company a "Unicorn." Since it was founded in 2015, Aqua Security has raised a total of $265 million.
TripleBlind, a Kansas City, Missouri-based startup that provides data privacy solutions, on Monday announced raising $8.2 million in seed funding. TripleBlind told SecurityWeek that it emerged from stealth mode in November 2020, when Accenture announced a strategic investment in the company.
Two developers, sponsored by Google, will dedicate their time to addressing vulnerabilities in the Linux kernel as part of a wider effort to improve the security of open-source software. Google will sponsor a pair of developers to work full-time on bolstering the security of Linux.
New investors participating in this Series A round include banking and asset management executives Jack Klinck, a former State Street and Bank of New York Mellon management committee member; Heidi Miller, an HSBC board director and former President of JP Morgan International; Jay Mandelbaum, former Head of Strategy at JP Morgan Chase, and member of both JP Morgan Chase's and Citigroup's management committees; Stanton Green, a fintech leader and former senior managing director at Guggenheim Capital, as well as Mindset Ventures and Maccabee Ventures. The financing round brings the total amount of capital raised by FundGuard to $16 million.
Cybersecurity startup 1Kosmos emerged from stealth mode this week armed with $15 million in Series A funding from ForgePoint Capital to gain traction with its digital identity and authentic solutions. The Somerset, NJ-based company has developed a platform that leverages biometrics and private a blockchain to enable passwordless authentication.