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Cloud Data Services Cloud Security Compliance Data Storage Enterprise Software North America SaaS Software

Druva Secures $147 Million Investment to Extend Market Leadership

– Druva announced a $147m investment as the company rapidly scales in response to accelerated demand for its platform.
– The round was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman, each of which manage more than $300 billion in net assets.
– As organizations quickly move workloads to cloud environments, adopt SaaS solutions, and combat rising cyber threats, this new investment will fuel continued expansion of Druva Cloud Platform to meet today’s unprecedented needs, and extend the company’s industry leadership as it defines tomorrow’s data protection.
– Druva is the leader in Cloud Data Protection and Management.

Artificial Intelligence Cloud Security Cyber Security Network Security North America Risk Management

Cyble Announces $4 Million in Seed Funding

– Cyble raised a $4M seed financing round led by Blackbird Ventures and Spider Capital with participation from Xoogler Ventures, Picus Capital, and Cathexis Ventures.
– The funding comes as Cyble graduates from Y Combinator, which accepted Cyble into its Winter 2021 (W21) cohort and provided pre-seed funding in January of this year.
– These investments demonstrate the continued trust that investors and clients have in Cyble.
– Cyble has made huge progress over the last year.
– “We started this company with an ambitious goal: to equip organizations with real-time visibility into vulnerabilities in the cyber landscape and help safeguard their businesses.

Asia Cloud Security Cyber Security Enterprise Software Network Security

Morphisec snags $31M for moving target defense that protects mid-sized companies

– Cybersecurity companies going after the big enterprise fish, mid-sized companies can get lost in the shuffle.
– Morphisec has developed an endpoint protection service that’s designed to be cost-effective enough to serve them high-quality protection.
– As the pandemic stretches these companies even further, Morphisec has found itself in high demand.
– Today, the company announced it has raised $31 million in a funding round led by JVP, with participation from Orange and Deutsche Telekom Capital Partners.
– Morphisec relies on a technique called “moving target defense” that constantly changes the security parameters of a system to thwart cyberattacks.
– This enables a kind of zero trust defense that doesn’t require employees to have deep security expertise in order to combat threats.

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Cloud Security Cyber Security Information Technology North America

Orca Security Lands $210M in Series C Funding at $1.2 Billion Valuation

– Orca Security is a cloud security solution company based in Los Angeles.
– The company raised $210m in Series C funding.
– The round was led by CapitalG, Alphabet’s independent growth fund, and Redpoint Ventures with participation from existing investors GGV Capital and ICONIQ Growth, as well as Silicon Valley CISO Investments (SVCI), an angel syndicate of 50 prominent CISOs.
– The new investment will be used to continue to expand the company’s business reach.

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Cloud Security Cyber Security Information Technology Network Security North America Software

Axis Security Raises $50M in Series C Funding

– Axis Security from San Mateo develops a Zero Trust Network Access (ZTNA) platform.
– The company raised $50m in Series C funding.
– The round was led by Spark Capital with participation from existing investors Canaan Partners, Ten Eleven Ventures, and Cyberstarts.
– The investment will be used to accelerate product development and feature velocity, and expand go-to-market initiatives, including expanding its direct sales team, support for channel partners, integrations, and partnerships with security information and event management (SIEM), security orchestration, automation and response (SOAR), identity management, and endpoint security vendors among others.

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Asia Cloud Security Cyber Security Enterprise Software Security

Wiz Raises $130M in Series B Funding; Valued at $1.7 Billion

– Wiz from Palo Alto and Tel Aviv develops a platform for companies to secure their cloud infrastructure at scale.
– Series B $130m round brings company valuation to more than $1.7b.
– The round was led by Advent Venture Partners with participation from existing investors Cyberstarts, Index Ventures, Insight Partners and Sequoia Capital.
– The new investment will be aimed at expanding operations and business reach since its emergence from stealth three months ago.

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Blockchain Cloud Security Cyber Security North America Software

HeraSoft Raises $5M in Series A

– HeraSoft, a leading ransomware-proof solution for enterprises, announces a $5m Series A led by United Capital Management of Kansas.
– The company is set to support companies and government organizations to secure their cloud-based systems against ransomware and other cyber attacks.

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Cloud Security Cyber Security Information Technology Network Security North America Security

Cyware Announces $30M Series B Funding Led by Advent International and Ten Eleven Ventures

– Cyware announced a $30m Series B funding round led by Advent International and Ten Eleven Ventures.
– The round was also backed by Prelude Fund, Emerald Development Managers, Great Road Holdings and Zscaler.
– The new investment brings Cyware’s total funding raised to date to $43m.
– Cyware’s Virtual Cyber Fusion platform combines technical and strategic threat intelligence and next-generation security orchestration, automation and response (SOAR) to deliver the visibility security operations teams need to work collaboratively and better protect their organizations from advanced attacks.
– The company’s growing customer base includes several major Information Sharing and Analysis Centers (ISACs). Cyware’s platform empowers them to share threat intelligence between their members and enables cross-sector information sharing through automated, ISAC-to-ISAC level alert sharing.

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Asia Cloud Security Cyber Security Security Software Virtualization

Aqua Security protects containerized apps and infrastructure, raises $135M

– Aqua Security today announced that it raised $135 million in series E funding at a post-money valuation exceeding $1 billion.
– The Boston- and Tel Aviv-based company plans to put the proceeds toward broadening its product portfolio and its geographic footprint.
– Containers, the packages of code and dependencies that run across computing environments, are riding a worldwide wave in popularity.
– According to a recent study from Nemertes, 45% of enterprises used containers by the end of 2018 compared with 21% in 2017.
– Meanwhile, Grand View Research reports that by 2025, the industry might reach $8.2 billion.
– Aqua’s container-based app management platform runs on-premises or in the cloud and ensures that containers remain immutable, preventing changes versus their originating images.

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Big Data Cloud Security Compliance Cyber Security North America Privacy

Privacera Secures $50M in Series B Funding

– Privacera is a Fremont, Calif.-based cloud data governance and security company.
– The company raised $50m in Series B funding.
– The round was led by new investor Insight Partners with participation from Sapphire Ventures, Battery Ventures, and existing investors Accel, Cervin, and Point 72.
– The company intends to use the funds to fast-track its go-to-market strategy and further extend its investment in its unified system for data governance and privacy across multiple cloud services such as Databricks and Snowflake.

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