Enterprise Security, Platform Security, Software Security
Businesswire | July 05, 2023
Cyware, the leading provider of AI-powered Cyber Fusion platforms for enterprises and MSSPs, and automated threat intelligence sharing for information sharing networks, today announced a $30 million Series C financing round led by Ten Eleven Ventures, a leading multi-stage investment firm specializing in cybersecurity. Also participating are previous investors including Advent International, Zscaler, Emerald Development Managers, Prelude (the venture practice at Mercato Partners) and Great Road Holdings.
The Series C financing comes as Cyware has experienced strong year-over-year growth propelled by robust market adoption, excellent customer retention, and extraordinarily large market access. Since Series A financing, Cyware has shown growth of 6x and consolidated its position as an industry leader for threat intelligence automation, security orchestration, and collaborative threat response solutions. Earlier this year, Cyware achieved FedRAMP Ready status for its Cyber Fusion platform and was named one of the most innovative and promising cybersecurity companies by JMP Cyber 66, as well as being recognized in the 2022 Deloitte Technology Fast 500 as one of the Fastest Growing Technology Firms in North America.
Cyware’s cloud-based platform is leveraged by top Fortune 1000 and MSSP security teams to transform their legacy SOCs into Cyber Fusion Centers. The platform seamlessly integrates the AI-powered threat intelligence platform (TIP) with data orchestration and workflow automation (SOAR), to facilitate and synchronize actions between cloud and on-premises security tools and technologies. This enables security teams to connect the dots on emerging threats by correlating actionable threat intelligence with detection, threat hunting, vulnerability management, and incident response operations. Cyware’s Cyber Fusion platform is modular, and the underlying TIP, SOAR, and Collaborative Threat Response components can be leveraged in combination or individually by security teams providing them greater flexibility in transforming conventional SOCs.
The Cyware platform has become the backbone of global Threat Sharing Networks. Almost all major ISACs (Information Sharing and Analysis Centers), ISAOs, and CERTs use Cyware’s platform to automate threat intelligence sharing, analysis, and actioning for more than 30,000 enterprise members and government entities. The platform also enables large conglomerates, industry groups, and private communities to activate and share threat intelligence with their distributed businesses, clients, and suppliers, and benefit from automated collective defense against ransomware, supply chain attacks, and zero-day vulnerabilities.
“Security teams today face an overwhelming amount of data, but silos across data, processes, and technologies make it very challenging to see the bigger picture and proactively stop threats," said Anuj Goel, Cyware CEO and Co-founder. “Our mission at Cyware is to break down these silos, integrate threat intelligence into SOC operations, make it easy for teams to automate response, and act immediately to anticipate and stop threats.”
“Threat actors thrive because the rest of us don’t collaborate enough,” said Alex Doll, Founder and Managing Member of Ten Eleven Ventures. “Only Cyware allows overstretched security teams to expand their risk visibility beyond their borders with innovative threat intelligence collaboration while dramatically improving response with vendor-agnostic orchestration and low-code automation. As seasoned investors in the cybersecurity field, we recognize that Cyware’s remarkable platform, revenue growth, and vast customer base – including over 20 ISACs – puts them in an enviable market position.”
Cyware plans to leverage this new round of funding to fuel further growth and accelerate channel business and strategic alliances while expanding its global footprint.
About Cyware
Cyware delivers an innovative approach to cybersecurity that unifies threat intelligence, automation, threat response, and vulnerability management with data insights gleaned from assets, users, malware, attackers, and vulnerabilities. Cyware’s Cyber Fusion platform integrates SOAR and TIP technology, enabling collaboration across siloed security teams. Cyware is widely deployed by enterprises, government agencies, and MSSPs, and is the leading threat intelligence sharing platform for global ISACs and CERTs.
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Enterprise Security, Platform Security, Software Security
PR Newswire | August 16, 2023
ReasonLabs, the cybersecurity pioneer equipping home users with the same level of cyber protection used by Fortune 500 companies, today announced major updates to its renowned RAV VPN. This latest release for desktop and Android incorporates significant security and infrastructure improvements, reinforcing RAV VPN's position as a complete, reliable, and user-friendly tool in the fight for online privacy and identity protection.
The new releases ensure RAV VPN, both the desktop and mobile applications, provides Wi-Fi security wherever a user might be. With an updated RAV VPN, users can seamlessly browse the web with confidence, knowing that their data is encrypted and they are protected from threats such as Man-in-the-Middle attacks. RAV VPN is simple to install and extremely easy to use, making online privacy for all easily attainable.
"As our digital landscape rapidly evolves, safeguarding our online presence becomes more essential than ever before," said Kobi Kalif, CEO and co-founder of ReasonLabs. "With an unwavering commitment to your digital privacy, we are proud to unveil our latest innovation to RAV VPN. We are redefining what security in the digital age means by delivering to home users the same cyber security protection that Fortune 100 companies use."
Without sufficient Wi-Fi protection, a user's network can be susceptible to hacking, malware, and other privacy and security hazards. Bad actors can exploit these vulnerabilities to steal highly discreet information like financial details, social security numbers, email addresses, passwords, and more private data. To mitigate this, Wi-Fi protection from RAV VPN secures users' wireless networks to create an encrypted tunnel between their PC or Android device and the internet.
RAV VPN is a part of ReasonLabs' industry-leading suite of consumer-focused cybersecurity products, which includes its flagship product, RAV Endpoint Protection, as well as an Endpoint Detection and Response, DNS, Parental Control App, and more. Led by cybersecurity, artificial intelligence, and machine learning experts, ReasonLabs delivers the highest levels of cybersecurity protection and privacy to home users worldwide.
About ReasonLabs
ReasonLabs is a leading cybersecurity company equipping tens of millions of home users with the same level of cyber protection utilized by Fortune 500 companies. Its AI-powered, next-generation antivirus engine scans billions of files around the world to predict and prevent cyberattacks in real time, 24/7. Its flagship product, RAV Endpoint Protection, together with its other products combine to form a multilayered solution that safeguards home users against next-generation threats. Co-founded in 2016 by seasoned cybersecurity expert Andrew Newman—an architect of Microsoft's native cybersecurity program, Microsoft Defender—ReasonLabs is based in New York and Tel Aviv. Learn more at https://www.ReasonLabs.com.
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Software Security
Palo Alto | September 22, 2023
Palo Alto Networks has announced a strategic partnership with the largest telecommunications company in Australia, Telstra.
This signifies Palo Alto Networks' commitment to delivering an expanded portfolio of cybersecurity solutions and services to meet the needs of Telstra's extensive business clientele.
The partnership strengthens the existing 10-year relationship between Palo Alto Networks and Telstra.
Palo Alto Networks, a global cybersecurity company, has announced teaming up with Telstra, Australia's largest telecommunications company, to offer an enhanced range of cybersecurity solutions and services to Telstra's business clients both in Australia and around the world.
This collaboration marks a significant milestone, as Palo Alto Networks becomes the first dedicated cybersecurity company to be recognized as a technology alliance partner for Telstra's enterprise customer segment. Telstra serves customers in over 200 countries and territories.
Telstra's technology alliance partners collaborate to create and provide comprehensive services encompassing connectivity, voice, and professional services. These services are designed to assist businesses of all sizes in addressing their challenges and capitalizing on opportunities.
Regional Vice President for Australia and New Zealand of Palo Alto Networks, Steve Manley, stated,
This new alliance with Telstra reinforces Palo Alto Networks’ position in the Australian market as the leading cyber security vendor to leading telecommunications carrier in Australia. It also reinforces our increased commitment to offering industry-leading joint solutions with one of the country’s most trusted managed service providers. Together, Palo Alto Networks and Telstra will collaborate to offer businesses with best-of-breed cyber security solutions to help keep them safe in a rapidly changing market landscape.
[Source – Web Wire]
This new partnership further solidifies the long-standing 10-year relationship between Palo Alto Networks and Telstra. It also builds upon previous agreements that expanded Telstra's SecureEdge portfolio with offerings like SecureEdge Cloud for business clients and Sovereign SecureEdge for the Australian government and agencies, both powered by Palo Alto Networks' advanced cloud-based security services.
David Burns, Enterprise Group Executive at Telstra, said,
Cyber security has become one of the top concerns among businesses worldwide, including here in Australia, and especially in the wake of a no. of high-profile cyber breaches. We’re now seeing the industrialization of cybercrime and the scale of threat continues to evolve and grow. As a result, we all need to be constantly changing, adapting, and looking at new technologies that can assist protect us and our customers’ data. As a leading provider of network, managed, and professional services, this new alliance between Telstra and Palo Alto Networks further boosts our capabilities to help customers protect their organizations and data from evolving cyber threats.
[Source – Web Wire]
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