Andy Smith’s Post

Abstract Security has emerged from stealth mode, introducing a revolutionary platform that centralizes the management of #security analytics. The company, founded by industry pioneers, announced an oversubscribed $8.5 million seed funding round led by Crosslink Capital, Rally Ventures, and Liquid 2 Ventures. Abstract Security's platform is set to redefine the landscape with its #AI-powered approach, offering a new paradigm for security teams by correlating data in real-time between data streams and separating compliance and security data. Insights from Colby DeRodeff, co-founder and CEO of Abstract Security: https://lnkd.in/gQAUVbrN

Gili Raanan is the Founder of Cyberstarts and one of the most successful seed investors ever. In his 19 company portfolio, Gili has invested in a decacorn (Wiz), seven unicorns and had three others acquired. Prior to Cyberstarts, Gili spent over 15 years as a General Partner @ Sequoia Capital investing in some of the world’s best cyber security companies. In Today’s Episode with Gili Raanan We Discuss: 1. From Founder to World’s Best Seed Investor: How did Gili make the move into the world of venture with Sequoia? How did Mike Moritz and Doug Leone recruit him? What was that process like? What are 1-2 of Gili’s biggest takeaways from working with Doug and Mike? 2. How to Find and Pick the Best Founders: What did Mike Moritz teach Gili about getting to know founders? Why does Gili look for the pain in the eyes of the founder? What questions does he ask? What are the most common signals of truly exceptional founders, having backed 7 unicorns? Why does Gili believe that both market and product is BS? Why are the founders all that matters? Why does Gili believe that the founder does not have to be a domain expert in a market to create a... https://lnkd.in/gYyr7KjU

CISO Conversations: Frank Kim (YL Ventures) and Charles Blauner (Team8): Frank Kim and Charles Blauner are responsible for security at both their own company and for the companies in which their firms invest. The post CISO Conversations: Frank Kim (YL Ventures) and Charles Blauner (Team8) appeared first on SecurityWeek.

ArmorCode raises $40 million to help companies ship secure software: ArmorCode announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Premier venture firm HighlandX led the round, joined by NGP Capital, along with participation from existing investors Ballistic Ventures, Sierra Ventures and Cervin Ventures. As part of HighlandX’s investment, Managing Partner Corey Mulloy will join ArmorCode’s board. This marks a total of $65 million raised to propel organizations toward fully … More → The post ArmorCode raises $40 million to help companies ship secure software appeared first on Help Net Security. @Poseidon-US #HelpNetSecurity #Cybersecurity

Kubernetes Security Firm KTrust Emerges From Stealth With $5.3M in Funding: Israel-based Kubernetes security firm KTrust emerges from stealth mode with $5.3 million in seed funding from VC Awz Ventures.  The post Kubernetes Security Firm KTrust Emerges From Stealth With $5.3M in Funding appeared first on SecurityWeek.

Anyone that's talked to me in the last few years about what I think is needed in the broader IT security industry has probably heard me say we have to stop talking about the #cybersecurity skills gap and start talking about the cybersecurity productivity gap. Radiant Security is bringing some kick ass ML/AI together with deep domain experience (and you need both for this to work) to start closing this gap for #SOC teams.

Astera Labs, Reddit and now Rubrik? ⚡⚡⚡ After witnessing Reddit and Astera Labs going public just this March, we are now seeing Rubrik (Cybersecurity software company) joining what feels like a very exclusive club considering what we saw on the market last year. Already on the first day of trading, Rubrik’s stock raised 16% 🚀🚀🚀 bringing the company value to $6.6 billion based on outstanding shares. That should a signal of confidence that the IPO window for venture-backed companies is finally reopening. Who will be next? 👀 #ipo #publicoffering

It's hard not to start with a disclaimer – this is no time for celebration.  It's also hard not to applaud – this is such an incredible achievement. Palo Alto Networks is acquiring Talon Cyber Security (a Team8 portfolio company), in its largest acquisition outside of the US and its second-largest ever. We are fortunate for the trust that Palo Alto Networks places in the Israeli high-tech industry, especially during these challenging times. Big kudos to founders Ofer Ben-Noon and Ohad Bobrov, and to Talon’s leadership employees. It’s been a pleasure partnering with David Gussarsky from Lightspeed, Richard Seewald from Evolution Equity Partners, Jay Leek from SYN Ventures, Jake Seid from Ballistic Ventures, Ken Elefant and Eric Hilton from Sorenson Ventures, George Kurtz and Gur Talpaz from Crowdstrikeת Rene Bonvanie, Shay M. from Merlin Ventures and many more. Marianne Budnik, Mike Sullivan, Reuven Eliyahu, Mike Rogers, Yonatan Gotlib, Oded L., Richard Benigno, Elad Gavra, Yan Aksenfeld, Guy Harpak, Nicole Morero, Merav Grinspan, Amit Rosenwaks, Ron Reiter, Sarit Firon, Ori Barzilay, Hadar Siterman Norris, Asaf Charnilas, Dean Meyer Read more on #Techrunch: https://lnkd.in/dtJEhgaE

Start-up to IPO...it's every tech founder's dream, but unfortunately, it's a bit more complicated than that! Check out this great video by #RonGula to learn more about how to navigate company lifecycles! #Gualtech #VC101 #Cybersecurity https://bit.ly/3qpy671

💰 Security, Funded #138 is live! In this week's issue: 🌝 A Total Eclipse of the IPO Spark 📈 The growth of data and security needs in the age of Generative AI and LLM applications 🔍 10 companies raised $58.9M across 8 unique product categories in 3 countries 🤝 4 companies were acquired or had a merger event across 4 unique product categories 📚 Must Reads: - Efficient Security Principle (ESP) by Daniel Miessler - Rubrik IPO: S1 Breakdown by CJ Gustafson - Lucky vs. Repeatable in business and investing from Morgan Housel #cybersecurity #technews #venturecapital #fundingnews #ReturnOnSecurity #SecurityFunded