Financial terms were not released but the price tag is expected to be hefty with Exabeam’s most recent valuation pegged at $2.5 billion.
The post Thoma Bravo-owned LogRhythm Announces Merger with Rival Exabeam appeared first on SecurityWeek.
TXOne Networks Scores $51M Series B Extension
ICS and OT security startup TXOne Networks secures $51 million in a Series B extension and adds new investors from Taiwan.
The post TXOne Networks Scores $51M Series B Extension appeared first on SecurityWeek.
Akamai to Acquire API Protection Startup Noname Security for $450 Million
Akamai has announced plans to acquire Noname Security to enhance its API protection offering.
The post Akamai to Acquire API Protection Startup Noname Security for $450 Million appeared first on SecurityWeek.
Synopsys Sells Software Integrity Business in $2.1 Billion Deal
Synopsys is selling its Software Integrity Group to private equity firms Clearlake Capital and Francisco Partners in a $2.1 billion deal.
The post Synopsys Sells Software Integrity Business in $2.1 Billion Deal appeared first on SecurityWeek.
Permira to Acquire Majority Stake in BioCatch at $1.3 Billion Valuation
Permira has agreed to acquire a majority of BioCatch shares, primarily from Bain Capital Tech Opportunities and Maverick Ventures.
The post Permira to Acquire Majority Stake in BioCatch at $1.3 Billion Valuation appeared first on SecurityWeek.
LayerX Raises $26 Million for Browser Security Platform
Israeli startup LayerX Security banks $25 million in new financing as investors continue to pour money into secure web browsing technologies.
The post LayerX Raises $26 Million for Browser Security Platform appeared first on SecurityWeek.
Ransomware Defense Startup Mimic Raises Hefty $27M Seed Round
A new Silicon Valley startup called Mimic is coming out of the shadows with a hefty $27 million seed-stage funding round led by Ballistic Ventures.
The post Ransomware Defense Startup Mimic Raises Hefty $27M Seed Round appeared first on SecurityWeek.
Startup Dealflow: New Investments at Resonance, RunReveal, StepSecurity, Insane Cyber
Cybersecurity startups Insane Cyber, Resonance Security, RunReveal and StepSecurity announce pre-seed, early-stage, and seed funding rounds.
The post Startup Dealflow: New Investments at Resonance, RunReveal, StepSecurity, Insane Cyber appeared first on SecurityWeek.
Oasis Security Raises $35 Million to Tackle Non-Human Identity Management
New York startup Oasis Security banks $35 million in a Series A extension round led by Accel, Cyberstarts, and Sequoia Capital.
The post Oasis Security Raises $35 Million to Tackle Non-Human Identity Management appeared first on SecurityWeek.
Traceable AI Raises $30 Million to Safeguard Cloud APIs
Traceable AI has raised $110 million since launching in 2018 with ambitious plans in the competitive API security and observability space.
The post Traceable AI Raises $30 Million to Safeguard Cloud APIs appeared first on SecurityWeek.
