Security startup Proficio acquired $20 million in financing, led by Kayne Anderson Capital Advisors. Proficio is a managed security service provider of security monitoring and advanced data breach prevention services for mid- to large-sized enterprises. According to the company, it has developed proprietary security content and
Cloud-based cyber-security solution provider Upstream Security closed $9 million in Series A financing, led by CRV, with participation from Glilot Capital Partners and Maniv Mobility. Founded by cyber-security veterans, Upstream Security leverages big data and machine learning to provide OEMs and vehicle fleets with unprecedented, comprehensive,
Simility secured $17.5 million in financing, led by Accel Partners, with participation from PayPal, The Valley Fund, and Trinity Ventures. Simility helps companies prevent fraud and abuse in real time with machine learning, big data analytics, and data visualization capabilities that enable analysts to create and
Security startup ShieldX closed $25 million in Series B financing. FireEye, Symantec, Bain Capital Ventures, Aspect Ventures, and Dimension Data participated in the funding. ShieldX’s cloud security strives to protect organizations against cyber threats, regardless of where sensitive data resides or how it moves across
Security startup Cog completed $3.5 million in Series A financing. Three investors participated in the round, including Grok Ventures and Rampersand. Cog Systems’ D4 secure platform isolates critical functions and services for the IoT commercial market, proactively securing these devices by reducing the attack surface and
Security startup BitGo raised $42.5 million in Series B financing, led by Valor Equity Partners. DRW Venture Capital also participated. BitGo’s Bitcoin security platform uses multi-signature technology to help businesses integrate digital currencies into their existing financial systems at scale without ever taking custody of
Menlo Security secured $40 million in Series C financing. Eight investors participated in the round: American Express Ventures, Ericsson Venture Partners, HSBC, JPMorgan Chase Bank, General Catalyst Partners, Sutter Hill Ventures, Osage Partners, and Engineering Capital. Menlo Security’s isolation platform aims to protect large enterprises, Fortune
According to a recent SEC filing, Uplevel Security raised $5 million in financing from an undisclosed investor. Uplevel Security’s adaptive intelligence system uses graph theory and machine learning to modernize security operations. According to the company, its platform is a force multiplier for enterprise SIEM that
Security company SecureAuth brought in $200 million in financing from K1 Investment Management and Toba Capital. SecureAuth™ IdP adaptive access control solution provides authentication security, single sign-on, and user self-service tools in a single platform, allowing strong identity security while minimizing disruption to the end
Contrast Security announced the close of a new round of Series C financing from AXA Strategic Ventures and Microsoft Ventures. Contrast Security’s technology enables software applications to protect themselves against cyberattacks. The company’s comprehensive platform protects enterprise applications from within and provides accurate analysis and protection