Protego Scores $2M in Seed Funds to Target Serverless Security

Protego emerged from stealth this week, scoring $2 million in seed funding as it targets security efforts in the serverless space. The Baltimore-based firm is focused on serverless, which is drawing increased interest due to how the model aligns with the agility mantra preached by DevOps. Serverless applications don’t rely on a fixed infrastructure; are designed to activate almost instantly; and can be programmed with a finite lifespan that cuts off all activity once a function is completed.
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SafeBreach Raises New Funding to Expand Attack Simulation Platform

SafeBreach announced on May 8 that it raised $15 million in a Series B round of funding to help advance the company's breach and attack simulation platform technologies.
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Thoma Bravo Completed Acquisition of Barracuda

Thoma Bravo, LLC., a private equity investment firm, completed its acquisition of Barracuda Networks, Inc., provider of cloud-enabled security and data protection solutions, in an all-cash transaction valued at $1.6 billion.
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Security Startup Arctic Wolf Raises $49M for SOC Services

Arctic Wolf Networks, a security operations center (SOC) services startup, raised $16 million in Series C funding, bringing its total to $49.2 million raised.
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VMware and Carbon Black Join Forces, Tackle Data Center Security

VMware wants its data center customers to know it takes security seriously. Today, it’s announcing a new security product, co-developed with Carbon Black.
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Menlo Security Closes $40M Series C for its Isolation Platform

Menlo Security closed a $40 million Series C funding round with new investments from American Express Ventures, Ericsson Ventures, and HSBC.
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Juniper Networks Acquires Security Firm Cyphort

Juniper Networks today said it’s acquiring Cyphort, a security startup that serves mid- and large-size enterprise customers. Terms of the deal were not disclosed. Santa Clara, California-based Cyphort was founded in 2011. And it’s raised $53.7 million in funding in four rounds, according to Crunchbase.
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Symantec to Acquire Fireglass to Bring a Generational Leap Forward in User Protection

Symantec, the world’s leading cyber security company, today announced that it has entered into an agreement to acquire Israel-based Fireglass, the leading agentless isolation solution that eliminates ransomware, malware and phishing threats in real-time by preventing potentially harmful content from ever reaching user endpoints or the corporate network. With this acquisition, Symantec further strengthens its Integrated Cyber Defense Platform and dramatic...
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HyTrust Raises $36 Million In Series E Funding Led by Advance Venture Partners

HyTrust, Inc., a leading workload security provider, today announced that it has closed $36 million in new funding led by Advance Venture Partners (AVP) with participation from existing venture capital firms and strategic investors. The company will use this latest round of investment to expand its sales and marketing efforts, and to fund new product development. The company will also utilize a portion of the proceeds to fund the acquisition of DataGravity...
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Security for Cloud and IoT is a Growing Concern for IT and Executives

Cloud and Internet of Things (IoT) security exploits are a growing concern for enterprises as an increasing number of companies push deeper into the use of public and hybrid cloud services. According to a new report and survey released by Black Hat, enterprise IT department concerns over attacks or exploits on cloud services, applications, or storage systems increased from 11 percent last year to 15 percent this year. At the executive level, concern inc...
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