Secure Enterprise Browser Startup Talon Raises $100 Million

Enterprise secure browser startup firm Talon Cyber Security has closed a $100 million Series A funding round. The funding was led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors. The money will be used for further product development and marketing.

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Cyber Readiness Measurement Firm Axio Raises $23 Million

New York-based cyber readiness and risk management firm Axio has raised $23 million in a Series B funding round led by ISTARI, with participation from existing investors NFP Ventures and IA Capital Group. The funds will be used to enhance the company’s Axio360 platform and drive international expansion.

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Power Electronics Manufacturer Semikron Targeted in Ransomware Attack

German power electronics manufacturer Semikron revealed this week that it has been targeted in a cyberattack.

Semikron, which employs 3,000 people across 24 subsidiaries worldwide, makes power modules and systems. Its products are used in motor drives, industrial automation systems, as well as other application areas.

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