Alternatives to legacy endpoint protection software like anti virus is one of the hottest areas in the information security space. Yesterday’s announcement by Cybereason of a $100 Million investment by SoftBank only underscores that. Cybereason, which has offices in Boston, London and Tel Aviv, closed a Series D funding round from SoftBank to accelerate growth. The round brings total investment in Cybereason to $189 million and make SoftBank the single largest investor int he company, which also counts Spark Capital, Lockheed Martin and CRV as investors. “We are thrilled with our incredible growth but we are never satisfied because hackers still have a big advantage over the vast majority of corporations. This new funding allows us to increase our growth through new distribution channels and to develop new technologies. Our strengthened partnership with SoftBank, which has a formidable sales force and enterprise customer base in Japan and a global reach, […]
In-brief: Claroty, an Israel-based start-up emerged from stealth mode on Tuesday, unveiling a new platform that it claims will help owners of industrial control systems detect threats and attacks by sophisticated adversaries.
In-brief: Afero, a startup offering a platform for Internet of Things devices, scored a $20.3 million Series A financing round, in part by promising a scalable Internet of Things platform that doesn’t skimp on security.
In the old days, startups would pull together funding from a small group of early “angel” investors and rush to get a product – any product- to market as soon as possible. The idea was to prove viability in the hopes of attracting larger investments that would let you actually develop the product you really want to sell. But that doesn’t work well for companies that want to solve really hard problem. Such projects, justifiably, need a longer runway that isn’t suited to vaporware or rapid product iteration. vArmour Networks, a Mountain View-based startup that emerged from “stealth” mode yesterday, is a good example of that latter kind of start-up. The company has already raised $42 million in three rounds, dating back to January, 2013. It is offering technology to tackle a vexing product: how to secure the information flowing within and between the growing ranks of virtual data centers. With […]