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Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

TechCrunch

To cope with the challenges that this poses, organizations are turning to a growing range of AI-powered tools to supplement their existing security software and the work of their security teams. million security professionals in the workforce globally.). trillion by 2025. Cymulate cites figures from the U.S.

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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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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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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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Today’s TechCrunch Live: Why cybersecurity is still hiring and spending with Vanta and Sequoia

TechCrunch

While it seems like every company is cutting, some industries are on an upward swing, including cybersecurity. Christina Cacioppo started Vanta in 2016 and has raised $202.95 The company is fascinating to me because it does the most boring but important work around compliance and security automation.

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8 major IT disasters of 2024

CIO

The mother lode of meltdowns A faulty software update from cybersecurity vendor CrowdStrike in mid-July caused about 8.5 The companys global CIO didnt offer details but noted that the outage was not related to a cybersecurity attack. One glitch blocked parents without Social Security numbers from filling out the form.

Malware 204
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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

In fact, it took $200 million or more to make the list last month, as defense tech and cybersecurity led the way. NinjaOne , $500M, cybersecurity: NinjaOne, which provides endpoint management, security and monitoring, raised $500 million in Series C extensions at a $5 billion valuation more than doubling its value from just 12 months ago.