DATA SECURITY

DataTribe Announces Fourth Annual Cybersecurity Start-Up Challenge

DataTribe | July 29, 2022 | Read time : 03:00 min

DataTribe
DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, announced today the launch of its fifth-annual DataTribe Challenge. The competition is poised to identify and curate Pre-Series A, high-technology start-ups with a vision to disrupt cybersecurity and data science.

Three finalists will split $20,000 in prize money, and one winner will be eligible to receive up to $2 million in seed capital from DataTribe. In 2021, the Challenge had two winners: Quickcode.ai and ContraForce. Quickcode.ai helps non-technical experts build machine learning training data with unprecedented speed and accuracy while ContraForce is the only platform to make comprehensive cybersecurity easy, effective, and accessible for the small to midsize enterprise.

“Over the last five years, the Challenge has evolved into an excellent platform for entrepreneurs to not only get exposure and feedback — but to actually fundraise. For the winner, it could take care of their entire seed round. We’re always humbled by the quality of submissions — as founders look over the horizon to chart the future of cyber. The Challenge is a lot of fun and we look forward to working with participants.”

John Funge, Managing Director of DataTribe

Mike Janke, Co-founder of DataTribe said, “The Challenge is the top cybersecurity startup competition in the world. We are inspired by the founders that participate and the innovations they present. We’re honored to be able to use all the resources we have at DataTribe to co-build with entrepreneurs, giving them an unfair advantage and creating the next generation of market-leading companies.”

In June 2021, Synopsys acquired the winner of the 2019 Challenge, Code Dx, a software security testing orchestration, correlation, and prioritization platform. The exit was a demonstration of the Challenge’s ability to draw top cybersecurity solutions, as well as of the success of the DataTribe model of partnering with over the horizon technology coming out of national security agencies.

DataTribe invites contestants to join the Challenge who have developed a robust concept and/or initiated development of a minimal viable product (MVP) – i.e., a product developed with sufficient features to entice early adopters. The firm anticipates a strong showing from teams with experience working in national security, defense, national laboratories, or at organizations specializing in cybersecurity and data science R&D.

Applicants will have until August 31, 2022 to enter an application. DataTribe will review submissions for technical merit, market potential, and readiness of the team. On October 12, 2022, DataTribe will announce up to three finalists. These teams will then have 3 weeks to refine their pitch and prepare for final judging, with assistance from DataTribe’s team of startup veterans. In a live event, finalists will present a pitch and answer questions from a panel of esteemed judges on November 3, 2022.

“Winning the 2021 DataTribe Challenge was a major catalyst in achieving the product and market momentum necessary to grow our customer base,” said Stan Golubchick, ContraForce Co-Founder and CEO. “DataTribe is more than just an investor. Their unique foundry approach is a true partnership, adding the experience, support, and knowledge of successful company-builders to our team.”

About DataTribe
DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. DataTribe was launched in 2015 with the vision of empowering technologists in the Washington, D.C. region to build and grow successful companies.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

PlainID, The Authorization Company™, Announces thought leadership collaboration with The Cyber Hut

PlainID | September 05, 2022

PlainID, the Authorization Company™, announces today the release of "Build vs Buy: Guide to Evaluating Authorization" in collaboration with Simon Moffatt, founder and analyst of The Cyber Hut. The increase in remote work and digital commerce has created a proliferation of digital identities which demand secure, frictionless access to applications and the underlying data. The guide is designed to address and inform on key criteria when considering whether to build and maintain authorization policies "inside" an application vs leveraging the benefits of an external authorization engine. The need for functionally rich applications capable of operating in a digitally optimized computing architecture has motivated enterprises to consider migrating their legacy, internally developed policies to an Authorization Platform such as PlainID. "Externalized Authorization is now an essential part of the security arsenal - foundational for agile business operations - allowing the modern enterprise to share data, assets and applications to a range of new stakeholders," said Simon Moffatt. "This guide aims to empower the buyer on a range of topics associated with next generation authorization. It will hopefully be a great asset to the security executive and practitioner alike." Numerous industry analysts are recommending externalizing authorization and authentication as a means to increase an enterprise's security resilience and a prerequisite to creating a Zero Trust architecture. "PlainID is more than delighted to collaborate with Simon and The Cyber Hut. We strongly believe in the virtue of thought leadership and the importance of this subject matter. The power and broad value of authorization are just beginning to be realized, and our hope is that this guide helps firms make informed decisions." Tom Ammirati, PlainID's Chief Revenue Officer PlainID helps businesses advance and modernize by simply and securely connecting identities of all types with the digital assets they need to do their jobs, accomplish tasks at scale, and conduct digital commerce. By making authorization decisions simple, smart, granular, and contextual, PlainID helps enterprises achieve a positive and measurable impact on user experience, enterprise security, and data privacy. Powered by policy-based access control (PBAC), leading-edge features include PlainID's Centralized Management Dashboard, which provides users the ability to create and manage enterprise-wide authorization policies from a central point while maintaining distributed enforcement capabilities. The Platform provides out-of-the-box PlainID Authorizers™ that address common authorization patterns for API gateways, microservices, data, and applications. About PlainID PlainID Inc. The Authorization Company™, is the recognized leader in Authorization as a Service powered by Policy Based Access Control (PBAC). PlainID's simple, straightforward solution to authorization management enables organizations to create, manage and enforce authorization policies across an enterprise. By securely connecting identities to digital assets via PlainID Authorizers, firms can meet the digital demands of user journeys, enable zero trust architectures and provide data security. The PlainID Authorization Platform enables rapid business growth by connecting new and legacy technologies with the latest and most advanced authorization features.

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PLATFORM SECURITY

Talon Cyber Security Announces $100M in Series A Funding to Redefine Security for the Future of Work

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.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Sealing Technologies Inc. Awarded $168.5M to Provide USMC Cyber Defense Support

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.

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DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY

Veristor Partners with SANS Security Awareness to Deliver Employee Security Awareness Training

Veristor Systems, Inc. | September 28, 2022

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Hackers create 2,850 new mobile threats every day. It’s best to play it safe with Avast Free Mobile Security.Not only do you get world-class hacker protection, but you’re also protected against privacy loss and identity theft.

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