Bankrupt and out of financing options, IronNet has terminated all employees and plan to file for Chapter 7 protection.
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Bankrupt IronNet Shuts Down Operations
Generative AI Startup Nexusflow Raises $10.6 Million
Nexusflow scores funding to build an open-source LLM that can deliver high accuracy when retrieving data from multiple security sources.
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Gem Security Lands $23 Million Series A Funding
Israeli security startup Gem Security has raised a total of $34 million to tackle cloud threat detection and incident response.
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Cisco to Acquire Splunk for $28 Billion
Cisco will boost its cybersecurity capabilities by shelling out $28 billion to buy Splunk, which Cisco says will drive the next generation of AI-enabled security and observability.
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CrowdStrike to Acquire Application Intelligence Startup Bionic
The cash-and-stock transaction provides capabilities for CrowdStrike to beef up its enterprise cloud security portfolio.
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HiddenLayer Raises Hefty $50M Round for AI Security Tech
Texas startup attracts major investor interest to build an MLMDR (machine learning detection and response) technology.
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Alcion Raises $21 Million for Backup-as-a-Service Platform
Data management startup Alcion has raised $21 million in a Series A funding round led by Veeam to expand its market presence.
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AuthMind Scores $8.5M Seed Funding for ITDR Tech
Maryland startup scores $8.5 million in seed-stage funding to compete in the Identity Threat Detection and Response (ITDR) category.
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Tenable to Acquire Cloud Security Firm Ermetic for $240 Million
Tenable is set to acquire cloud security firm Ermetic for $240 million as it looks to expand the capabilities of its exposure management platform.
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Investors Betting Big on Upwind for CNAPP Tech
Upwind raises a total of $80 million in just 10 months as investors pour cash into startups in the cloud and data security categories.
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