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Cybersecurity Funding Shows Resilience In Q1

Crunchbase News

Venture funding overall was still sluggish , but cybersecurity startups saw some love from investors in the first quarter of 2024. To be sure, this is not the salad days of 2021cybersecurity funding was still down year to year — but the sector saw its best funding quarter in three quarters. billion valuation.

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Why are cybersecurity asset management startups so hot right now?

TechCrunch

In the world of cybersecurity, you can’t secure something if you don’t know it’s there. Enter cybersecurity asset management, an admittedly unsexy fragment of the booming industry that investors have shown an ever-increasing appetite for over the past 18 months. Shawn Cherian. ” . ”

Security 239
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Zero Trust Security for NIS2 compliance: What you need to know

CIO

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] This concept of least-privilege access is fundamental to Zero Trust Security practices.

Security 208
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Cybersecurity startup Ordr nabs $40M to monitor connected devices for anomalies

TechCrunch

billion internet of things (IoT) devices in use. IoT devices range from connected blood pressure monitors to industrial temperature sensors, and they’re indispensable. Yet every device increases an organization’s attack surface, along with the potential for a cybersecurity attack. In 2015, there were approximately 3.5

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Onomondo secures cash to expand its wireless network for IoT devices

TechCrunch

Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.

IoT 223
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Memfault raises $24M to help companies manage their growing IoT device fleets

TechCrunch

At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5 million cash infusion in April 2021.

IoT 208
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Data Security Startup Cyera Locks Up $300M At $1.4B Valuation

Crunchbase News

While it is true cybersecurity funding has significantly slowed , it certainly has not dried up. Data security startup Cyera raised a $300 million Series C led by Coatue at a $1.4 The startup also uses AI in its platform to assess risks a companies’ data represents regarding security, privacy and regulatory compliance.

Data 94