DATA SECURITY,ENTERPRISE IDENTITY
SandboxAQ | September 14, 2022
SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired Cryptosense, a leading cybersecurity and encryption analysis software company. SandboxAQ's acquisition comes just weeks after the company unveiled its Strategic Investment Program and initial investment in evolutionQ.
The acquisition of Cryptosense complements and accelerates the deployment of SandboxAQ's Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. SandboxAQ's cybersecurity products enable large enterprises to scale cryptography management across their IT infrastructure, providing CISOs with a single, 360° view of how encryption is used throughout the enterprise – a critical first step in migrating to PQC.
This migration to stronger cybersecurity is important for critical infrastructure sectors such as financial services, technology, energy, biopharma, logistics, and government.
Cryptosense is used by leading technology and financial services organizations and is a fellow NIST NCCOE partner. The combined customer relationships will help SandboxAQ bring its PQC solutions to market faster and protect these organizations and their customers from existing and emerging quantum threats, such as Store Now, Decrypt Later (SNDL) attacks.
"Rapid advances in quantum computing and AI challenge the effectiveness and performance of existing cryptography-based cybersecurity solutions. The combined leadership, talent, and expertise that SandboxAQ and Cryptosense bring to the marketplace accelerates the deployment of more effective cryptography solutions to protect the world against the security threats of today and tomorrow," said Jack D. Hidary, CEO of SandboxAQ. "The caliber of the Cryptosense team is recognized throughout the information security community, with the leadership by Graham Steel and Clément Jeanjean. We welcome Cryptosense to the SandboxAQ family and look forward to our continued success as one company."
"The complementary functionality and expertise between Cryptosense and SandboxAQ enables us to build and deliver SaaS solutions at scale with higher touch customer service. PQC implementation is critical to protect the world's sensitive data and together we will make a greater impact."
Dr. Graham Steel, Cryptosense founder
Cryptosense was advised by Stifel and Hogan Lovells and SandboxAQ was advised by Morgan Lewis.
SandboxAQ is an enterprise SaaS company, providing solutions at the nexus of AI and Quantum technology (AQ) to address some of the world's most challenging problems. The company's core team and inspiration formed at Alphabet Inc., emerging as an independent, growth-capital-backed company in 2022.
Cryptosense is an enterprise SaaS company that helps organizations identify and catalog the cryptography leveraged within their applications and infrastructure. Some of the largest technology and financial services companies worldwide use Cryptosense for their cybersecurity needs. Cryptosense announced a $4.8 million funding round in May 2021 backed by Amadeus Capital Partners, Elaia Partners and BGV.
Talon Cyber Security | August 04, 2022
Talon Cyber Security, the leading secure enterprise browser provider, today announced $100 million in Series A funding, led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures, SYN Ventures and previous investors CrowdStrike co-founder and CEO George Kurtz, Lightspeed Venture Partners, Sorenson Ventures and Team8. The funds will be used to accelerate go-to-market efforts to meet the increasing global demand for Talon’s secure enterprise browser, TalonWork, and deliver new product enhancements to continuously improve security for modern workforces.
As organizations have embraced distributed work for employees and contractors, the reliance on SaaS applications has risen, and security needs have evolved drastically. The traditional ways of enabling secure access to enterprise applications are complex, expensive, and put organizations at risk. The TalonWork browser simplifies security by allowing secure access to corporate applications and data on any device, managed or unmanaged, and on any operating system. With Talon, security teams benefit from deep visibility into browser and application activity, as well as native security features like authentication, data loss prevention and Zero Trust controls. Based on Chromium, TalonWork delivers the consistent and familiar user experiences expected by today’s workers, fostering productivity across the enterprise.
“We have built the team and technology to redefine and power security for the future of work – a future where security is delivered naturally through the enterprise’s most heavily-used application: the browser. “The world and the applications the largest organizations rely on are moving to the web, creating an extensive need for a vehicle that can provide secure access without changing the way work is conducted. This new funding will allow us to continue to show why that vehicle is Talon’s secure enterprise browser.”
Ofer Ben-Noon, co-founder and CEO, Talon Cyber Security
Co-founded by Ben-Noon and CTO Ohad Bobrov, Talon was named the winner of the Innovation Sandbox Contest at RSA Conference 2022, and has demonstrated unrivaled market and technical leadership since launching the industry’s first secure enterprise browser in October 2021. The company’s recent momentum includes numerous customer deployments at large organizations, the release of the industry’s first secure enterprise browser for mobile devices, and established partnerships with the two leaders in endpoint security: CrowdStrike and Microsoft.
The round includes the conversion of $17 million in SAFE (Simple Agreement for Future Equity) investments announced earlier this year into A round shares, bringing Talon’s total amount raised to over $126 million.
As part of today’s announcement, Richard Seewald, Founder and Managing Partner of Evolution Equity Partners, is joining Talon’s board of directors.
“In cybersecurity, the word innovative gets thrown around often, but with Talon, it is a perfect descriptor,” said Richard Seewald, Founder and Managing Partner, Evolution Equity Partners. “I have never seen a company create and lead a category with such authority, and experience such impressive traction with customers so quickly. Talon has the potential to become one of the leading companies in the broader security industry, and it’s an honor to help them on their journey.”
“Today’s threat environment is complex, but an organization’s approach to security should not be,” said George Kurtz, co-founder and CEO, CrowdStrike. “By delivering enterprise-grade security through the TalonWork browser, Talon makes security simple and effective for its customers.”
“When we launched Ballistic, we made it our mission to find and partner with companies that have the technology and what it takes to change the trajectory of cybersecurity, and Talon fits this bill perfectly,” said Jake Seid, co-founder and General Partner, Ballistic Ventures. “The browser has fundamentally become the most important tool for today's workforce. Talon’s secure enterprise browser does something few security products do. It offers the trifecta of strong security, seamless end-user experience, and low cost and complexity for the enterprise. Talon’s team and solution are some of the strongest I have ever come across, and this financing will help propel the company to new heights.”
“From my time as a CISO and now as an investment partner for leading security companies, I have evaluated countless technologies,” said Jay Leek, co-founder and Managing Partner, SYN Ventures. “The widespread problem that Talon addresses and the time to value of its technology is beyond impressive – it's a game changer. I’m thrilled to have the opportunity to work with the company and help accelerate its growth.”
About Talon Cyber Security
Talon Cyber Security is modernizing security programs and improving user experiences for hybrid work by delivering the first secure enterprise browser. Built on Chromium, the TalonWork browser provides customers with the consistent user experiences, deep security visibility, and control over SaaS and web applications needed to simplify security for the future of work. Talon was named the Most Innovative Startup of 2022 at the prestigious RSA Conference Innovation Sandbox Contest.
DATA SECURITY,PLATFORM SECURITY,WEB SECURITY TOOLS
ReasonLabs | August 24, 2022
ReasonLabs, a leading cybersecurity company providing enterprise-grade protection to users worldwide, has launched its newest product, Online Browser Security. The product provides real-time, 24/7 protection against malicious URLs, phishing, harmful extensions, suspicious downloads, intrusive cookies and trackers, unauthorized notifications, and pop-ups. It is currently available worldwide as a free download.
Online Browser Security is seamlessly integrated with RAV Endpoint Protection, ReasonLabs' leading antivirus software built on a multilayered machine-learning engine, to keep personal data safe from security threats. Bringing all the elements of a next-generation antivirus solution to the web browser, the solution allows consumers to use the internet with confidence and peace of mind. Powered by an autonomous protection engine, users can choose their own protection settings and let the endpoint protection do the work for them. It comes complete with a dashboard to stay informed regarding any identified and blocked online threats. Scheduled and user-initiated scans are also available at the touch of a button.
"Our mission at ReasonLabs is to provide every home user with the same degree of cybersecurity protection that large companies receive. "In our connected world, everyone deserves the highest level of protection, and today, we have added another solution that will safeguard users in real-time, 24/7. As an additional layer to our security platform, RAV Online Security offers next-generation protection for all next-generation cyber threats."
Kobi Kalif, ReasonLabs CEO
Key features of RAV Browser Security include a malicious URL blocker, the ability to disable harmful extensions, and the blocking of suspicious cookies and ad trackers. The product also monitors all file downloads and comes equipped with an advanced threat scanner, and has notification control. These features can be easily managed through the easy-to-use RAV Online Security dashboard. Optimizing users' online experience, Online Security is a key component of ReasonLabs' advanced breach prevention product suite, which also includes RAV EDR, RAV VPN, RAV Safer Web, and FamilyKeeper, its parental control solution.
ReasonLabs is a global pioneer in cybersecurity detection and prevention. Powered by machine learning, ReasonLabs' cutting-edge technology is revolutionizing consumer-focused cybersecurity, bringing enterprise-grade protection into the homes of tens of millions of users worldwide. Its innovative engine scans over 2 billion files in 180 countries a day, delivering fast, comprehensive data while providing 24/7 real-time threat detection. Founded in 2016, ReasonLabs is based in New York and Tel Aviv.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Sealing Technologies Inc. | August 30, 2022
Sealing Technologies, Inc. (SealingTech), a Veteran Owned Small Business (VOSB) that provides innovative cybersecurity solutions, was recently awarded a $168.5 million task order to assist the U.S. Marine Corps (USMC) with their Defensive Cyber Weapons System (DCWS). SealingTech will support the Marine Corps Cyber Protection teams by building a holistic cyber defense solution comprised of SealingTech fly away kits and a suite of tools to analyze vulnerabilities, map key cyber terrain and respond to incidents.
"The DCWS system is an important enabler of cyberspace maneuver across the Department of Defense's (DoD) key terrain. "We are both humbled and excited that the USMC has trusted SealingTech with this critical mission and we are hitting the ground running to ensure its success."
Ed Sealing, Founder and CEO of SealingTech
With this contract award, and their support to the Army, Navy, and US Air Force cyber teams, SealingTech continues to posture the DoD cyber operators with a standard defensive cyber operating platform in preparation for a Joint Cyber Warfighting Architecture. As an industry partner, SealingTech is ideally positioned to work across all DoD services and agencies to identify best practices and enable the most effective and efficient joint solution.
About Sealing Technologies Inc.
SealingTech is a Veteran Owned Small Business (VOSB) that rapidly delivers innovative cybersecurity solutions that modernize, protect, and defend the networks and systems of the Federal Government and private industries. SealingTech's vast cyberspace experience and knowledge provides cutting-edge research, engineering and integration services that support the United States and their allies.