Security News
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.
DevSecOps company Spectral on Wednesday emerged from stealth mode with $6.2 million in seed funding from Israeli venture capital firms Amiti and MizMaa. Spectral is based in Tel Aviv, Israel, and it was founded in mid-2020 by Dotan Nahum, who will serve as the company's CEO, Lior Reuven, Uri Shamay and Idan Didi.
DynaRisk announced an extension of their seed funding round, bringing total funding to over $3m. This round of funding was led by Nexus Investments with participation from existing investors Insurance Capital Partners and Jonathan Marland. DynaRisk traverses 2 of the 4 areas of Nexus's investment focus and expertise: Data & Digital says Matthew O'Kane, Managing Director of Nexus Investments.
Cloud data protection provider OwnBackup has completed a $167.5 million Series D funding round, which helped it reach "Unicorn" status, at a valuation close to $1.4 billion. To date, the company has raised a total of more than $267.5 million in funding.
Mission Secure, a provider of visibility and cybersecurity solutions for industrial environments, announced this week that it has closed a Series B financing round in the amount of $5.6 million. The company raised its first outside funding through a seed round in late 2014, and has consistently added funding over the years, with the total amount raised by the company now at $22.5 million.
Endpoint management and security solutions provider Tanium this week announced the sale of $150 million in common stock to Ontario Teachers' Pension Plan Board. Ontario Teachers' made the funding investment through its Teachers' Innovation Platform, which is involved in late-stage venture and growth equity investments in validated technologies.
Israeli IoT security start-up Vdoo announced on Wednesday that it has extended its Series B funding round to $57 million, bringing the total amount raised by the company to $70 million. The company's solutions are designed to help manufacturers of IoT devices identify and mitigate security risks.
Cloud-delivered network security startup iboss on Tuesday announced the closing of a new $145 million financing deal to speed up growth in a lucrative market. Iboss, founded by twin brothers Paul and Peter Martini five years ago, previously banked $35 million in venture capital funding from Goldman Sachs.
Palo-Alto, California-based application intelligence startup Bionic on Thursday announced that it has emerged from stealth mode with $17 million in seed and Series A funding. The company's platform is designed to help enterprises perform an inventory of their applications, identify their entire architecture, APIs and data flows, and track critical application changes.