Funding, Cato, Code42, DoS Robots, and Blackhat Prep – ESW #370
This week, in the enterprise security news,
- over half a billion in funding, as everyone gets their pre-Blackhat announcements out!
- Mimecast picks up Code42
- Will Cato Networks IPO?
- Canarytokens update
- We still have some crowdstrike fallout to discuss
- CISO responses to SEC rules
- Making things secure without security tools
- tips for going SOCLess
- denial of service robots
All that and more, on this episode of Enterprise Security Weekly.
Hosts
Adrian Sanabria
Principal Researcher at The Defenders Initiative
- 1. FUNDINGS: Vanta, Chainguard, Cowbell, Dazz, Lakera, Heeler, Vijil, Zest
Over half a billion in funding, probably because Blackhat is next week?
- Vanta, $150M Series C at a $2.45B valuation, led by Sequoia Capital. Automated compliance ("trust management platform", in their words). Crossed $100M ARR in January.
- Chainguard, $140M Series C at a $1.12B valuation, led by Redpoint Ventures, Lightspeed Venture Partners, and IVP. Total funding is $256M. Secure container image repository.
- Cowbell, $60M Series C led by Zurich Insurance Group. Cyber insurance MGA.
- Dazz, $50M led by Greylock Partners, Cyberstarts, Insight Partners, and Index Ventures. Total funding is $105M. A "unified security remediation platform" - ASPM and CTEM?
- Lakera, $20M Series A led by Atomico. Evaluates and protects AI-powered applications.
- ZeroTier, $13.5M Series A led by Battery Ventures. Private network overlays.
- Heeler Security, $8.5M Seed round led by Norwest Venture Partners. SDLC security.
- Vijil, $6M Seed funding led by Mayfield LLC's AIStart fund and Google's AI-focused seed fund, Gradient Ventures. Securing GenAI in applications.
- Zest Security, $5M Seed from Hanaco and Silvertech Ventures. Discover, flag, and resolve GenAI threats in the enterprise.
- Promptfoo, $5M Seed round led by A16Z. Evaluate Generative AI models and tools.
- 2. ACQUISITIONS: Mimecast Announces Acquisition of Code42
- 3. MILESTONES: Cato Networks Surpasses $200 Million, Doubles ARR in Under Two Years
- 4. NEW FEATURES: Canarytokens Updates
- 5. CROWDSTRUCK: Windows resiliency: Best practices and the path forward
- 6. CROWDSTRUCK: Microsoft signals plans to make Windows security more like Mac post-CrowdStrike
- 7. CROWDSTRUCK: Microsoft, SecOps pros weigh kernel access post-CrowdStrike
- 8. ESSAYS: “We’re becoming scapegoats”: How have CISOs responded to SEC cyber risk disclosure rules?
- 9. ESSAYS: Unfashionably secure: why we use isolated VMs
- 10. SECOPS: Tips for SOCLess Oncall
- 11. REGULATION: US senators turn up heat on automakers over sale of driver data
- 12. TRENDS: Canada Olympic chiefs apologize for drone flight over New Zealand soccer team’s training
- 13. OFFENSIVE SECURITY: It May Soon Be Legal to Jailbreak AI to Expose How it Works
- 14. SQUIRREL: Desktop Operating Systems Since 1978
- 15. SQUIRREL: DHS Has a DoS Robot to Disable Internet of Things ‘Booby Traps’ Inside Homes
Tyler Shields
VP Traceable.ai, Cyber Angel Investor and Advisor at 90 Degree Ventures