Search Results for “Globes”


August 6, 2019
Kyle Wiggers / Venture Beat

Kyle Wiggers / Venture Beat  
Cybereason Raises $200 Million in Latest Round, Attains Unicorn Status With Valuation of $1 Billion or More

Tel Aviv and Boston-based cybersecurity platform provider Cybereason announced it has raised $200 million in investments and commitments from Softbank and its affiliates, bringing the start-up’s total funding raised to date to $400 million and pushing it into the ranks of a unicorn, a venture-backed business valued at $1 billion or more by its investors. Cybereason’s main technology relies on statistical models of organizations and sophisticated efforts to detect and stop anomalous behavior by users or intruders.

Related: Cyberscoop, The Times of Israel, Reuters, SecurityWeek, Globes, FinSMEs, MSSP Alert, Telecompaper, Xconomy, TechCrunch, Computer Business Review, Silicon Republic, VC Deals – PE Hub


May 7, 2019
Omri Zerachovitz / Globes

Omri Zerachovitz / Globes  
Proofpoint to Buy Zero-Trust Network Access Start-Up Meta Networks for $120 Million

U.S. cybersecurity company Proofpoint is buying Israel-based zero-trust network access cloud start-up Meta Networks for $120 million in cash and stock. Proofpoint says it will integrate Meta Networks’ ZTNA technology with its cloud access security broker (CASB) and web isolation product lines to offer customers a comprehensive cloud access and security platform.

May 20, 2019
Yasmin Yablonko / Globes

Yasmin Yablonko / Globes  
Israeli Cybersecurity SOAR Platform Provider Siemplify Raises $30 Million in Series C Round

Israeli cybersecurity company Siemplify has raised $30 million in a Series C financing round led by Georgian Partners with Siemplify’s existing investors, 83North, G20 Ventures, and Jump Capital, also participating in the round. The company has offices in New York and San Francisco but the company’s R&D center remains in Israel. Siemplify offers a security orchestration, automation and response (SOAR) platform that it claims alleviates the most pressing pain points faced by security operations teams.

September 13, 2016
Sean Michael Kerner / eWeek

Sean Michael Kerner / eWeek  
Israeli Industrial Control Security Start-Up Claroty Exits Stealth Mode with $32M

Israeli industrial control security start-up Claroty, founded in stealth mode in July 2014, has come out from under wraps with an announcement that it has raised $32 million in funding from blue-chip investors including Bessemer Venture Partners, Eric Schmidt’s Innovation Endeavors, Marker LLC, ICV, Red Dot Capital Partners and Mitsui & Co. Claroty says its platform platform real-time monitoring across all the layers of operational technology networks.

December 18, 2018
Tal Shahaf / Globes

Tal Shahaf / Globes  
Cloud Security Start-Up Avanan Raises $25 Million in Venture Round

Israeli cloud security company Avanan today announced that it has closed a $25 million financing round from existing investors StageOne Ventures, Magma Venture Partners, and Greenfield Partners (the Israeli office of TPG.) Avanan is headquartered in New York with a development center in Tel Aviv. Avanan’s technology allows companies to operate their existing data security systems on a cloud, even though they were originally designed for use on physical servers.

April 24, 2019
Ingrid Lunden / Globes

Ingrid Lunden / Globes  
IoT Cybersecurity Start-Up VDOO Raises $32 Million in New Funding Round

Israeli IoT cybersecurity startup VDOO has raised $32 million in a funding round led by WRVI Capital and GGV Capital with strategic investments from NTT DOCOMO, MS&AD Ventures, and Avigdor Willenz. 83North, Dell Technology Capital and David Strohm also participated in the round. VDOO has developed a platform that identifies and fixes security vulnerabilities in IoT devices and then tests to make sure that the fixes work.

February 11, 2019
Tal Shahaf / Globes

Tal Shahaf / Globes  
Bot Detection and Protection Company PerimeterX Raises $43 Million in Series C Round

Israeli bot detection and protection company PerimeterX announced a $43 million Series C venture funding round led by Scale Venture Partners and with participation from existing investors Canaan Partners, Vertex Ventures and Data Collective (DCVC) and new investor Adams Street Partners. PerimeterX uses machine learning to establish normal baselines of behavior and shut down anomalous behavior in an automated fashion to thwart automated bot attacks.

June 4, 2018
Globes

Globes  
Cyber Training and Simulation Start-Up Cyberbit Raises $30 Million from Bronfman’s Claridge Israel

Israeli defense electronics company Elbit Systems announced that cybersecurity unit Cyberbit has raised $30 million from Claridge Israel, a private equity firm which represents Canadian investor Stephen Bronfman and family. Cyberbit has developed a cyber training and simulation solution called Cyberbit Range, which is a consolidated detection and response platform. The funding will be used to primarily expand sales and operations in North America.

July 12, 2018
Tal Shahaf / Globes

Tal Shahaf / Globes  
ICS Cybersecurity Company Radiflow Raises $18 Million in Funding Round

Israel-based industrial control cybersecurity company Radiflow has closed an $18 million funding round led by Singapore Technologies Engineering Ventures (ST Engineering). Radiflow’s existing investors, including Zohar Zisapel, also took part in the round. Radflow builds cybersecurity solutions for industrial control systems (ICS) and supervisory control and data acquisition systems (SCADA) protecting industrial maintenance networks of 50 critical infrastructure enterprises, including power production, water facilities, and other industrial facilities.

July 31, 2018
Yasmin Yablonko / Globes

Yasmin Yablonko / Globes  
Mimecast to Buy Israeli Zero-Day Specialist Solebit for $88 Million

UK data security company Mimecast is acquiring Israeli cybersecurity company zero-day malware specialist Solebit for $88 million in cash. Mimecast hopes to beef up its cyber resilience platform architecture with Solebit’s threat detection capabilities. Solebit was founded by two former Israeli Defense Force officers and had raised $13 million in venture capital prior to the Mimecast deal. Mimecast plans to keep the 35 Solebit employees in the company’s Herzliya offices as a development center.