Thales to Acquire Leading Cybersecurity Company Imperva for $3.6 Billion

THales (Euronext Paris: HO) has made a significant move in the cybersecurity space with the announcement of its agreement to acquire Imperva, a prominent US-based data and application cybersecurity company, for an enterprise value of $3.6 billion. Thales, a global leader in various industries, including defense, aerospace, and digital security, is looking to bolster its … Read more

Ethical Hackers Founded PingSafe Raises $3.3 Mn Seed Fund in Round

PingSafe, the cybersecurity startup co-founded by ethical hackers Anand Prakash and Nishant Mittal, has successfully raised $3.3 million in seed funding. The funding round was led by Peak XV Partners (formerly Sequoia India) and attracted participation from several other investors, according to various media reports. Among the investors who participated in this funding round were … Read more

Honeywell Bolsters Cybersecurity Software Portfolio with ScadaFence Acquisition

Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. The OT cybersecurity industry … Read more

Globesecure Technologies to Acquire a Cyber Security Firm ProTechmanize Solutions

Globesecure Technologies a digital transformation company in India with a focus on cyber security is in advance stage of due diligence for acquiring stake in ProTechmanize Solutions Private Limited. The proposed acquisition of stake in this Company will enable Globesecure Technologies Limited strengthen its position in the growing digital transformation as it operates in cyber security services … Read more

HARMAN Introduces DefenSight Cybersecurity Platform at CES 2023

HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies and solutions for automotive, consumer and enterprise markets, today announced that its Digital Transformation Solutions (DTS) business unit is introducing DefenSight Cybersecurity Platform to help enterprises keep their IT systems safe and secure using real-time threat intelligence analytics. The new platform will … Read more

Over 82% of business executives in India foresee an increase in cybersecurity budgets in 2023: PwC survey

One in four companies (27%) globally has suffered a data breach that cost USD1–20 million or more in the past three years. However, despite cyberattacks continuing to cost businesses millions of dollars, globally fewer than 40% of executives surveyed say they have fully mitigated cybersecurity risk exposure in a number of critical areas. In India, … Read more

Cyber Security Platform BluSapphire Raises $9.2 Mn in Series A Funding

Full-stack cybersecurity platform BluSapphire Cyber Systems has raised $9.2mn as part of its Series A round. The round was led by Barings Private Equity India with participation from cross border VC firm Dallas Venture Capital, Binny Bansal backed xto10x, RPG Ventures & Merisis Venture Partners. ValueBridge Capital was the sole advisor for this transaction. Speaking … Read more

Cybersecurity startup Arctic Wolf raises $401 million in convertible notes offering

Arctic Wolf, a leader in security operations, announced closing of a convertible notes offering in the aggregate principal amount of $401 million, led by existing investor Owl Rock, a division of Blue Owl Capital, with participation from new and existing investors including Viking Global Investors, the Ontario Teachers’ Pension Plan, and funds advised by Neuberger … Read more

Yotta Forays into Cybersecurity Arena

Yotta Infrastructure has launched its extensive suite of enterprise-grade cybersecurity solutions for the diverse needs of businesses of varied scales. Delivering holistic, end-to-end protection from the evolving threat landscape across Infrastructure, Network, Web, Platform & Application layers, Yotta’s cybersecurity solutions harness the proven domain expertise of industry leaders with cutting-edge infrastructure and service delivery capabilities … Read more

71% of Cybersecurity Professionals Feel They’re Losing Ground Against Cybercriminals

Trellix, the cybersecurity company delivering the future of eXtended Detection and Response (XDR), today released global research revealing the cost of siloed security, weak spots in protection and lack of confidence amongst security operations (SecOps) teams. The study of 9,000 global cybersecurity professionals, including 1000 from India, also looks to the future of security, and … Read more

SentinelOne launches $100M fund to invest in enterprise cybersecurity startups

SentinelOne, an autonomous cybersecurity platform company, today announced the launch of S Ventures, a $100 million fund to invest in the next generation of category-defining security and data companies. “SentinelOne pioneered a data-driven approach to delivering autonomous cybersecurity. Our early days were defined by the support of our investors, who saw the power and promise … Read more

Data security startup Seclore raises $27M

Seclore Technology Pvt. Ltd., a data-centric security startup, announced today that it has raised $27 million in new funding to aim to become the platform of choice for business data protection projects. Seclore, which was founded in 2003, provides an open, automated data-centric security platform for businesses. The platform is meant to enable enterprises to … Read more

Rail Cybersecurity Leader Cylus named Sandeep Joshi to Advisory Board

Cylus, the global leader in rail cybersecurity, announced today the addition of Sandeep Joshi to its advisory board. Joshi brings over 35 years of experience and expertise in mobility, business management, operations, and engineering, particularly in the rail sector, and will bolster Cylus’ continued growth in India and throughout Southern Asia. Joshi served previously as Managing Director at Alstom, where … Read more

Cybersecurity startup Securden raises $10.5M led by Tiger Global

Securden, an IT security startup based in Delaware and Chennai, announced on Wednesday that it had raised $10.5 million in a Series A fundraising round headed by Tiger Global. Together Fund, which focuses on software-as-a-service (SaaS), and Accel, a returning investor, also invested in the round. During Securden’s seed round of $1.2 million in July … Read more

Boeing Commits US$2 Million to Support Humanitarian Response in Ukraine

Boeing today announced a US$2 million emergency assistance package to support humanitarian response efforts in Ukraine. The assistance package will be directed to organizations working to bring food, water, clothing, medicine and shelter to displaced Ukrainians – including those seeking refuge in neighboring countries. In addition, Boeing will match all qualifying employee contributions made in … Read more

Balbix Announces $70M Series C Funding to Fuel AI Innovation in Cybersecurity Posture Automation

Balbix, the leader in cybersecurity posture automation today announced $70 million in Series C funding. This move follows a record growth year for Balbix in revenue and global enterprise adoption, and an expansion of its senior leadership team. Balbix’s oversubscribed Series C round was led by Redline Capital who were joined by new investors, Third … Read more