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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. Many companies were already trying to adapt with the digital age, but Lee said many companies realized they had underinvested in ICS security. A team photo of Dragos employees.

Industry 305
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Google Play is an ‘order of magnitude’ better at blocking malware

The Parallax

During a month that’s seen Android malware new and old plague the world’s most popular mobile operating system, Google says its Play Store is becoming more civilized and less like the Wild West. That’s 70 percent more than it removed in 2016. READ MORE ON ANDROID SECURITY. Ahn adds that Android malware is becoming more advanced.

Malware 184
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How AI continues to reshape the cybersecurity arsenal

CIO

This necessitates continuous adaptation and innovation across various verticals, from data management and cybersecurity to software development and user experience design. Let’s talk about strengthening the four major pillars from an attacker’s perspective, as they form the core of any organization’s security.

Security 194
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Versa raises $120M for its software-defined networking and security stack

TechCrunch

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. Versa’s large round suggests that, despite the market downturn, VCs haven’t lost faith in cybersecurity vendors yet. billion in 2021).

Security 193
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Cybersecurity firm Fortanix secures capital to provide confidential computing services

TechCrunch

Companies (and VCs ) spend billions of dollars on cybersecurity, but primarily focus on protecting infrastructure or endpoints. According to one 2021 survey, 61% of security leaders in the enterprise believed their cybersecurity teams to be understaffed. ” Kumar founded Fortanix alongside Anand Kashyap in 2016.

Hardware 169
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Window Snyder’s new startup Thistle Technologies raises $2.5M seed to secure IoT devices

TechCrunch

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Security veteran Window Snyder thinks there is a better way.

IoT 207
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Karamba’s bold quest to secure connected cars

The Parallax

That’s the scenario Karamba Security is trying to prevent. Karamba’s secret lies in how its award-winning products , Carwall and SafeCAN, respectively protect cars’ electronic control units, or ECUs, and controller area networks, or CAN buses , which are notorious weak spots in car computer security. READ MORE ON CONNECTED CARS.