๐๐พ๐๐ฎ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐๐ฎ๐ป๐ฑ๐ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐๐๐ป๐ฑ๐ถ๐ป๐ด ๐ฐ๐ Cloud & Cyber Security Exhibitor, Aqua Security, has just raised an impressive $60 million, boosting its valuation to a staggering $1 billion. ๐ฅ๐ฎ๐ฝ๐ถ๐ฑ ๐๐ฟ๐ผ๐๐๐ต ๐ฎ๐ป๐ฑ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐ฐ๐ผ๐ด๐ป๐ถ๐๐ถ๐ผ๐ป ๐๐ Since 2015, Aqua Security has raised a total of $325 million and gained traction globally, especially among Fortune 100 companies. ๐ง๐ฟ๐ฎ๐ถ๐น๐ฏ๐น๐ฎ๐๐ถ๐ป๐ด ๐๐น๐ผ๐๐ฑ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐ก๏ธโ๏ธ Dror Davidoff, Co-founder and CEO of Aqua Security, said: โEight years ago, we envisioned a world where all new applications would be built native to the cloud.โ Yuval Ben-Itzhak, General Partner at Evolution Equity Partners, said: โGiven the increasing adoption of cloud native applications across enterprises, Aquaโs growth trajectory is a rocket ship.โ Read the full story at https://lnkd.in/evPQ5sqn #technews #cybersecurity #cloudsecurity #funding #technology
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๐๐พ๐๐ฎ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐๐ฎ๐ป๐ฑ๐ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐๐๐ป๐ฑ๐ถ๐ป๐ด ๐ฐ๐ Aqua Security has just raised an impressive $60 million, boosting its valuation to a staggering $1 billion. ๐ฅ๐ฎ๐ฝ๐ถ๐ฑ ๐๐ฟ๐ผ๐๐๐ต ๐ฎ๐ป๐ฑ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐ฐ๐ผ๐ด๐ป๐ถ๐๐ถ๐ผ๐ป ๐๐ Since 2015, Aqua Security has raised a total of $325 million and gained traction globally, especially among Fortune 100 companies. ๐ง๐ฟ๐ฎ๐ถ๐น๐ฏ๐น๐ฎ๐๐ถ๐ป๐ด ๐๐น๐ผ๐๐ฑ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐ก๏ธโ๏ธ Dror Davidoff, Co-founder and CEO of Aqua Security, said: โEight years ago, we envisioned a world where all new applications would be built native to the cloud.โ Yuval Ben-Itzhak, General Partner at Evolution Equity Partners, said: โGiven the increasing adoption of cloud native applications across enterprises, Aquaโs growth trajectory is a rocket ship.โ Read the full story at https://lnkd.in/evPQ5sqn #technews #cybersecurity #cloudsecurity #funding #technology
Aqua Security achieves $60m in funding, surpassing $1bn valuation - Techerati
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Great dad | Inspired Risk Management and Security Profesional | Cybersecurity | Leveraging Data Science & Analytics My posts and comments are my personal views and perspectives but not those of my employer
โ ๏ธ As the race for AI success and profitability continues, big cybersecurity vendors like Tenable, will turn their focus on adding AI features and products to protect data. โณ๏ธ AI is all about data, which is why Data Security Posture Management (DSPM) will become a huge target for vendors as the market must protect their data and LLMs. If this deal goes through, we can bet it will not be the last deal on DSPM startups or established vendors. The race is on! ๐ #cybersecurity #tenable #security #llms #ai #data #cloud #startups #artifitialintelligence
Tenable to Acquire Eureka Security to Boost DSPM Capabilities
securityweek.com
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โWhich company do you wish you could have invested in?โ ๐ชย I've long answered Wiz. Wiz is one of the fastest growing software companies of all timeโฆ it's hard to believe that theyโve only been in market since 2020 The cybersecurity juggernaut has just announced a massive $1B raise, with a16z, Lightspeed, and Thrive Capital valuing the business at $12B. Any case study on their success wouldn't be able to do justice to the sheer scale of their growth - reaching $350M ARR in just four years. The demand for comprehensive cloud and SaaS security solutions and expertise is growing, with 83% of organisations planning to increase their cloud security budget in the next 12 months alone. But I think what Wiz has managed to do within the market is particularly commendable. Despite top-down pressure to improve cloud security posture, cybersecurity startups will often be met with apprehension from security teams who are reluctant to provide access to their code base or internal data. In starting out as an agentless security product, Wiz was able to increase the speed of their distribution and massively shortcut their time to value. ๐คย What will their raise go towards? It's likely this $1B will be used at least in part for inorganic growth - the company recently acquired Gem Security and signed an LOI for Lacework before the discussions were reported to have fallen over last week. As a16z calls out in their investment notes, Wiz is moving towards building an end-to-end platform for security, and I'm excited to see how they tackle the next big security challenge: AI cloud.
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๐ก๏ธ Arch0 Secures Funding to Advance AI Solutions in Cloud Security. ๐ฐ SUMMARY: Cloud security platform Arch0 has raised $1.25 million in a pre-seed funding round led by Leo Capital, with participation from Village Global, Indian Silicon Valley Capital, and other investors. The funding will primarily be used for hiring and enhancing AI capabilities in cloud security. ๐ผ Company Overview: Founded in 2022 by Nithin Jois and Tilak Thimmappa, Arch0 provides advanced detection and prevention of security threats in the cloud with minimal manual intervention. The company aims to streamline security processes for businesses using the cloud, enabling faster threat identification and resolution. ๐ Strategic Focus: Arch0 plans to utilize the funds to bolster its AI-powered security solutions, enhance marketing efforts, and expand educational initiatives. It targets medium-sized enterprises (SMEs) managing sensitive data and navigating regulatory requirements, aiming to introduce enterprise-grade security to this segment. ๐ Industry Landscape: With competitors like Wiz and Orca, Arch0 operates in a cybersecurity market witnessing significant growth. As cyberattacks continue to rise, with damages expected to reach $10.5 trillion annually by 2025, the demand for robust cloud security solutions is escalating. ๐ Market Trends: The cybersecurity sector has experienced notable investment activity, with companies like QNu Labs and Sequretek securing funding for their cybersecurity solutions. This underscores the importance of addressing evolving security challenges in today's digital landscape. Arch0 #Arch0 #CloudSecurity #AISolutions #FundingNews #Cybersecurity #BusinessNews #MicroShots #NewsUpdates
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Impressive news in the cybersecurity world! Traceable AI continues to turn heads, securing $110mil since 2018, reaffirming the urgency of robust API security and observability. Ensuring data integrity and safety is absolutely essential in these times of constant digital advancement. Leveraging such potential, Five 9s Technologies stands ready to help businesses navigate these waters - delivering cutting-edge MSP solutions to safeguard your digital assets with unparallel resilience. Including, but not limited to, safeguarding your cloud APIs, a service fundamental to business operations in today's tech landscape. Invest in your business's future with Five 9s Technologies, where we turn challenges into opportunities, and keep threats at bay, enabling workflows to perform seamlessly and securely. Discover more about our services today. #Hypersecure #APIsecurity #Five9sTechnologies
Traceable AI Raises $30 Million to Safeguard Cloud APIs
securityweek.com
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"Midmarket tech companies prioritize cybersecurity; large organizations bet on generative AI." Midmarket tech companies are putting a strong emphasis on protecting their digital assets from cyber threats.ย Ensuring their information and systems are secure is critical because a security breach could lead to significant financial loss or damage to their reputation. Large companies often have extensive resources, a global presence, and numerous employees. This allows for a greater opportunity to invest a lot more time, money, and resources into developing and using generative AI in order to give them a competitive edge in the market. As an investor, understanding why a company makes specific investment choices will help you tailor your own decision making process. #investor #technology #investing #techexec
Fast Track to Growth: Lessons for Midmarket Tech Execs
deloitte.wsj.com
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๐๐ฐ Chainguard just hit the jackpot, raising a massive $140 million Series C round, shooting their valuation to a dazzling $1.2 billion! Talk about making it rain in the cybersecurity world! ๐ธ๐ ๐ก๏ธ With their sights set on securing AI workloads, Chainguard is not just playing defense but going all out on offense to tackle the ever-evolving threats in the software supply chain security realm. #automatorsolutions #ainews ๐ What's the real deal behind this funding frenzy? Let's break it down: - Chainguard's tech expansion to fortify AI environments is a game-changer in the battle against cyber threats. - This move is a clear signal that securing AI workloads is the next big challenge in the cybersecurity landscape. - With a billion-dollar valuation, Chainguard is on track to shake up the industry and set new standards for software supply chain security. ๐ฎ Predictions time! Fasten your seat belts as we dive into the crystal ball: - We can expect a surge in investments in AI cybersecurity solutions as the industry responds to Chainguard's massive funding success. - This move by Chainguard might just stir up competition and trigger a wave of innovation in software supply chain security. - The spotlight is now on AI workloads, and companies will need to up their game to stay ahead in the cybersecurity race. ๐ก Your thoughts? How do you see this funding round impacting the cybersecurity landscape? Share your insights, reactions, and predictions in the comments below! Let's decode this cybersecurity meteor together! ๐ฌ๐ #chainguard #cybersecurity #cyberdefense #CyberSecurityAINews ----- Original Publish Date: 2024-07-25 09:45
Chainguard Raises $140 Million, Expands Tech to Secure AI Workloads
securityweek.com
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In today's digital age, IT services are indispensable for every startup organization. From streamlining operations to enhancing cybersecurity, IT services play a pivotal role in ensuring the success and growth of businesses. By leveraging IT solutions, startups can boost their efficiency, improve communication, and stay ahead of the competition in a rapidly evolving market landscape. Incorporating IT services can provide startups with a competitive edge, enabling them to scale their operations, reach a wider audience, and drive innovation. Whether it's cloud computing, cybersecurity measures, or data analytics, investing in robust IT services is crucial for laying a strong foundation for long-term success. #ITServices #Startups #DigitalTransformation #TechSolutions #Innovation #Cybersecurity #Efficiency #LinkedInMarketing
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A major challenge today is the rising disparity in how leaders perceive and measure the full potential of emerging technologies driving innovation, growth, and competitive advantage. Find out more:https://lnkd.in/g9GjsgAG #techstrategy #digitalstrategy #businessstrategy #digitaltransformation #AI #GenAI #cybersecurity #cloud #futuretech #technology #entrepreneurship #business #praxistechschool
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When youโre starting a new business, agility and innovation are the cornerstones of success, and the right IT infrastructure is pivotal in ensuring both. Novustek's dynamic approach to IT solutions includes advanced cybersecurity measures, cloud services tailored for flexibility and growth, and data analytics tools designed to harness the power of your startup's data. Navigating the complex landscape of technology options can be daunting for any startup. Novustek serves as a strategic partner, guiding startups through the selection, implementation, and optimization of IT solutions that align with their business goals. Launch your new business with the right tools in place: https://bit.ly/3TTXDRB
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