Vision Solutions Acquired Enforcive Systems

Vision Solutions, Inc., provider of business resilience solutions for IBM Power Systems and a portfolio company of Clearlake Capital Group, L.P., announced it has completed the acquisition of Enforcive Systems, Ltd. (formerly BSafe), provider of IT security and compliance management solutions with innovation on IBM i, IBM AIX, IBM z/OS, Windows and Linux platforms.
read more

GTT Ramps its SD-WAN with $161M Purchase of Global Capacity

Global Internet service provider GTT Communications is buying Global Capacity for $100 million in cash and 1.85 million shares of GTT common stock. GTT’s stock has been trading in the $33 range for the past three months. GTT is touting the acquisition as a way to boost its nascent software-defined networking (SD-WAN) service for its enterprise customers. GTT owns and operates a global Internet backbone built on Juniper Networks’ MX gear, according t...
read more

JASK Launches From Stealth With $12M Series A Financing

JASK, the company empowering security analysts with artificial intelligence, emerges from stealth today announcing $12 million in Series A funding. The round was led by Dell Technologies Capital along with TenEleven Ventures. Existing investors Battery Ventures and Vertical Venture Partners also contributed. Deepak JeevanKumar, managing director at Dell Technologies Capital; and, Mark Hatfield, managing partner at TenEleven Ventures, will join JASK's board...
read more

Magic Quadrant for Disaster Recovery as a Service – Gartner

The disaster-recovery-as-a-service market consists of hundreds of providers, all with different approaches and capabilities. This creates immense complexity around vendor selection. I&O leaders should use this Magic Quadrant to help them evaluate providers of DRaaS services.
read more

SoftBank invests $100 million in security start-up Cybereason

Cybereason Inc. raised $100 million from SoftBank Group Corp., bringing another cybersecurity business closer to the $1 billion valuation that has become the hallmark of a heavyweight technology start-up. The funding round gives Cybereason, founded by former operatives in Israel’s elite Unit 8200 military intelligence group, a valuation north of $850 million, after factoring in the latest cash infusion, according to a person familiar with the situatio...
read more

Security Startup Obsidian Raises $9.5 Million

Security Startup Obsidian Raises $9.5 Million JUNE 9, 2017 STAFF Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Google+ (Opens in new window)Click to email this to a friend (Opens in new window) Security Startup Obsidian Raises $9.5 Million Obsidian Security just closed $9.5 million in Series A financing. Three investors participated in t...
read more

Microsoft Acquires Security Incident Response Startup Hexadite

Microsoft Corp. has signed an agreement to acquire Hexadite, a company delivering agentless, automatic incident investigation and remediation solutions. The terms of the agreement have not been disclosed. Read more at https://news.microsoft.com/2017/06/08/microsoft-signs-agreement-to-acquire-hexadite/#2hrmkI4cTl0kd4rU.99
read more

Illumio Closes $125 Million Series D To Accelerate Company’s Leadership In Adaptive Segmentation

Illumio today announced that it has closed a $125 million Series D funding round led by clients advised by J.P. Morgan Asset Management. Existing venture investors Andreessen Horowitz, General Catalyst, 8VC, Accel and Data Collective (DCVC) all participated, alongside new and other existing investors. The round brings the company’s total funding to $267 million. The new capital will be used to invest in significant global expansion of field sales, market...
read more

Aporeto Scores $14.5M to Develop ‘Holy Grail of Cloud Security’

Aporeto will soon launch its first commercial cloud security product, following a $11.2 million Series A funding round, which closed this week. Norwest Venture Partners led the latest round. The firm also led the $3.3 million seed round in December 2015.
read more

Tanium Raises $100M: ‘Vote of Confidence’ or ‘Liquidity Event’ After Bad Press?

Security startup Tanium raised $100 million in a sale of common stock — a move the company billed as a “resounding vote of confidence” from the investor community, and the Wall Street Journal described as “a liquidity event for insiders following a spate of negative publicity.” Tanium exposed customer data during a demonstration of its software last month, according to an earlier Wall Street Journal report. Around the same time Bloomberg repor...
read more