Fusion Technology LLC’s Post

𝗔𝗾𝘂𝗮 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗟𝗮𝗻𝗱𝘀 𝗠𝗮𝗷𝗼𝗿 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 💰🚀 Cloud & Cyber Security Exhibitor, Aqua Security, has just raised an impressive $60 million, boosting its valuation to a staggering $1 billion. 𝗥𝗮𝗽𝗶𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 📈🌐 Since 2015, Aqua Security has raised a total of $325 million and gained traction globally, especially among Fortune 100 companies. 𝗧𝗿𝗮𝗶𝗹𝗯𝗹𝗮𝘇𝗶𝗻𝗴 𝗖𝗹𝗼𝘂𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 🛡️☁️ Dror Davidoff, Co-founder and CEO of Aqua Security, said: “Eight years ago, we envisioned a world where all new applications would be built native to the cloud.” Yuval Ben-Itzhak, General Partner at Evolution Equity Partners, said: “Given the increasing adoption of cloud native applications across enterprises, Aqua’s growth trajectory is a rocket ship.” Read the full story at https://lnkd.in/evPQ5sqn #technews #cybersecurity #cloudsecurity #funding #technology

Arch0 Raises $1.25M in Pre-Seed Round Led by Leo Capital! Arch0, the cutting-edge cloud security platform, has secured a remarkable $1.25 million in its pre-seed funding round, with Leo Capital leading the charge! Key Details: Funding Round: Pre-seed Lead Investor: Leo Capital Other Contributors: Village Global, Indian Silicon Valley Capital, Appreciate Capital, Supermorpheus, and notable angel investors. Purpose: Accelerate talent acquisition, advance AI integration in cloud security, and bolster marketing and educational initiatives. About Arch0: Founded in late 2022 by Nithin Jois and Tilak Thimmappa, Arch0 is revolutionizing cloud security by centralizing identity as the cornerstone of its security framework. Their proactive and automated security measures across the Software Development Life Cycle (SDLC) ensure comprehensive protection for digital assets. Vision & Mission: Arch0 aims to democratize enterprise-grade security, initially focusing on medium-sized enterprises (MSEs) handling sensitive data and compliance requirements. Their long-term vision includes addressing the intricate security challenges faced by larger enterprises. Secure the Future: With this significant funding boost, Arch0 is poised to elevate cloud security standards, empower businesses with resilience and compliance, and pave the way for a more secure digital future. Stay tuned for more updates as Arch0 innovates and redefines the cloud security landscape! Read More: https://lnkd.in/gj_bmEKW #Arch0 #CloudSecurity #TechNews #StartupFunding #LeoCapital #Innovation #DigitalSecurity

Google announced this week that they are looking to acquire Wiz, a cloud security leader, for an eye-watering $23 Billion pricetag. This would be Google's largest acquisition ever, with a pricetag that comes out to roughly 65x Wiz's 2023 revenue of about $350 million. https://lnkd.in/gSAREBJ6 Wiz has been in security acquisition news centered on their rocky negotiations to acquire Lacework, which is now likely to be acquired by Fortinet. Earlier, Cisco acquired Splunk, a major SEIM provider, and numerous smaller deals by major players are common news this year. So why all the acquisitions in the security space (particularly cloud) now? Some of it is simple economics- venture funding and debt funding pools have been shrunk by higher interest rates, shortening startup runway and making the end goal of an IPO a riskier path forward as customers facing similar pressures tighten their belts and become more conservative. Large organizations like Google are less reliant on these forms of funding, as they have large recurring revenues that can weather inflation with price hikes, making them comparatively cash-flush and able to buy solutions that aren't profitable yet with the goal of integrating them into their portfolio. Another reason is the technological shift to platform solutions in the cloud. Cloud adoption often comes with an explosion of solutions needed to build, run, manage and secure workloads, which companies like Wiz and Lacework were at the forefront of building in a relatively greenfield space. Cloud Security has become a major focus for organizations as it becomes the predominant home for workloads, and Cloud breaches are front-page news. Google, while a leader in ZTNA and with a strong email security product, doesn't have a security platform in the same way Microsoft does, and is likely seeing opportunity by integrating Wiz into GCP- possibly as a way to position GCP as "the security cloud" and giving them at-bats as a really compelling multi-cloud play to win business at Azure/AWS customers? Regardless, expect to see more consolidation in coming years as the startup winners of the "free money" era are identified, picked up, integrated and commoditized by large orgs with money to spend and customers asking about augmenting platforms with emerging capabilities.

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

Curious to learn more about our firm’s evolution, investment successes in cybersecurity, cloud, and AI infrastructure, and future goals? Read more from Pulse 2.0's interview with Managing Director, Umesh Padval.

A great piece by Menlo Ventures on VentureBeat, thoroughly explaining the importance of GenAI security, including a few analogies to vendor fragmentation and the need for an agnostic security layer as we've seen in the Cloud - AKA 'Shared Responsibility Model'. "Menlo Ventures is particularly interested in AI Firewall providers, including Robust Intelligence and Prompt Security, who moderate the validity of input and output, protect against prompt injections, and detect Personally Identifiable Information (PII)/sensitive data." Feyza Haskaraman Rama Sekhar Menlo Ventures VentureBeat  Good job! https://lnkd.in/dZH4kndS

State of Cloud by Yaron Raps Embracing the Evolution: How a Cloud-Native Mindset Can Transform Your Business 🚀🔒 In today's rapidly evolving tech landscape, one concept is becoming increasingly clear: adopting a cloud-native mindset isn't just an option; it's a necessity for businesses aiming to thrive 🚀. The Cloud Security Alliance recently published an insightful piece on just how impactful this shift can be and, frankly, it's a game-changer. Gone are the days when 'cloud-native' was a buzzword thrown around in tech circles. It's become the very foundation of building resilient, scalable, and agile systems. A cloud-native approach means businesses can now adapt to changes faster than ever before. It's about building and running applications that fully exploit the advantages of the cloud computing model. Here's the transformative part: it's not just the technology, but the culture that evolves. Imagine a workplace where teams are empowered with the autonomy to design, deploy, and improve systems at an unprecedented pace. The result? Speed and innovation marry to create services that not only meet customer needs quickly but also exceed their expectations. What about security, a concern that echoes through the corridors of every IT department? This is where it gets even better. A cloud-native mindset places security at the core of the development process, making it an integral part of the entire lifecycle, not just an afterthought. This leads to robust systems that stand strong against threats. The practical benefits are immense. With cloud-native practices, a business could pivot and scale up an e-commerce platform within weeks (not months) in response to market demands, or it could seamlessly integrate AI and advanced analytics to gain insights and edge over the competition. Remember, it's no longer about if you'll adopt cloud-native practices but when and how quickly you can do so. And if you're wondering where to start or how to accelerate your journey, let's connect. As a consulting industry veteran, helping businesses navigate this transition is my bread and butter. 🔗 Embrace this mindset and watch your business soar into new realms of possibility, security, and efficiency! #CloudNative #DigitalTransformation #Cybersecurity #TechInnovation #OLLION

Greylock Makes $10M Bet on Bedrock Security: Silicon Valley startup deposits $10 million in seed-stage funding to help organizations manage risk from cloud and gen-AI technologies. The post Greylock Makes $10M Bet on Bedrock Security appeared first on SecurityWeek.

“Which company do you wish you could have invested in?” 🪄 I've long answered Wiz. Wiz is one of the fastest growing software companies of all time… it's hard to believe that they’ve 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. 🤔 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.

VentureBeat recently sat down with Menlo Ventures' Rama Sekhar, the firm’s new partner who is focusing on cybersecurity, AI, and cloud infrastructure investments, and Feyza Haskaraman, principal of cybersecurity, SaaS, supply chain, and automation.  Feyza and Rama shared their teams’ vision for the future of security for AI. One of the most valuable takeaways from the discussion is how important it is to get security for AI right to enable faster genAI adoption enterprise-wide.  https://lnkd.in/g56Re54z #AI #AISecurity #GenAI #Innovation