Signal Sciences raises $15 mln led by CRV

Venice, California-based Signal Sciences, a developer of Web application security services, announced it has raised $15 million in a Series B funding round led by CRV. Harrison Metal, Index Ventures and O’Reilly AlphaTech Ventures also participated in the round. The company was founded by former Etsy engineers.
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Armor Lands $89M In New Funding, Looks To Expand Cloud Security Platform To The Channel

Cloud security platform company Armor has landed $89 million in financing, the company announced Wednesday, and will now set its sights on further expanding its channel strategy. The equity financing round was led by ST Telemedia (STT), who will now join The Stephens Group as a joint lead shareholder, the Richardson, Texas-based company said.
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Google Brings SDN to the Public Internet

Google unveiled to the outside world its peering edge architecture — Espresso. At the Open Networking Summit (ONS), Google Fellow Amin Vahdat said Espresso is the fourth pillar of Google’s software-defined networking (SDN) strategy. Its purpose is to bring SDN to the public Internet.
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Palo Alto Networks Acquires LightCyber for $105M

Security company Palo Alto Networks announced that it has acquired privately held security company LightCyber for $105 million in cash. LightCyber makes an automated behavioral analytics technology that uses machine learning to identify attacks based on behavioral anomalies inside the network.
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Cloud Security Market to Grow to $13.93 Billion by 2024

The global cloud security market is expected to reach USD 13.93 billion by 2024, according to a new report by Grand View Research, Inc. The cloud infrastructure has witnessed a significant growth in recent years and its popularity can be attributed to the on-demand services, scalability and flexibility, and the cost effective solutions it offers to organizations. In addition to the tussle between public and private cloud the emergence of hybrid cloud has g...
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Data Protection as a Service (DPaaS) Market to Garner $28,878 Million, Globally, by 2022

Data Protection as a Service (DPaaS) Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $28,878 million by 2022, registering a CAGR of 31.5% during the period 2016-2022. Private cloud deployment model generated the largest DPaaS market share in 2015 while hybrid cloud sub-segment is expected to register fastest growth during the forecast period 2016-2022. North America is expected to be the largest ma...
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Security Company Demisto Raises $20M

Demisto, a security startup focusing on incidence response, announced this week that it has raised a $20 million Series B. The round was led by ClearSky, joined by Accel, Slack Fund, and other strategic investors. The company plans to use the Series B to expand its marketing and sales team and to fund new engineering innovations coming later this year.
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TruSTAR Technology Announces $5M Series A Investment To Power Fast-Growing Cyber Intelligence Exchange Platform

TruSTAR, the first security intelligence exchange platform built to incentivize information sharing, announced that it raised $5 million in Series A funding. The investment round was led by Storm Ventures, with additional contributions from Aspect Ventures, Resolute Ventures, and other prominent Silicon Valley investors. Storm's Tae Hea Nahm will join TruSTAR's board of directors. Over 50 companies are now exchanging intelligence data on TruSTAR, including...
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9 Security Startups Worth Watching In 2017

In today’s data intensive world, companies large and small are dealing with data in new ways. For example, millions of connected Internet of Things (IoT) devices are transmitting tons of data every day. And the shift to deploying apps via containers is changing software’s relationship to infrastructure. This, in turn, is creating the potential for vulnerabilities that need to be secured. “The need is there and it’s being fulfilled, but it’s...
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Why Tech Should Get Involved in Regulating IoT Security

Regulation of the Internet of Things (IoT) might not sound attractive, but security experts speaking at the RSA Conference Wednesday said it’s not a bad idea. What the industry has to accept is that regulations are inevitable at this point, said Bruce Schneier, CTO of IBM Resilient and adjunct lecturer at Harvard University’s Kennedy School of Government. That’s why he thinks the industry has to take the initiative in working with lawmakers.
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