166 Views

Third Point leads $30 mln funding of cloud security provider Elastica

Elastica, a provider of cloud app security services, has raised a $30 million Series B round of funding. Third Point Ventures led the funding, which included Mayfield Fund, Telstra and Pelion Ventures. The San Jose, Calif.-based company previously raised a $6 million Series A round. As a result of the latest round, Robert Schwartz from Third Point has joined the Elastica board.

shutterstock_126214055
229 Views

Year in review: Security breaches fueling more deals

A flurry of security fundings toward the end of 2014 helped to emphasize the point that the security sector is a hot one for VCs to invest in. No surprise, given the number of hacks that have occurred over the last year, including those involving retailers Target and Home Depot and most recently Sony Corp. […]

200 Views

Area 1 secures Series A led by Kleiner Perkins

Cyber security startup Area 1 Security announced it has raised $8 million in Series A funding led by Kleiner Perkins Caufield & Byers. The Menlo Park, Calif.-based company, which aims to eliminate  targeted attacks, has now raised $10. 5 million in total funding, following a seed-stage round earlier this year. Joining Kleiner Perkins in the Series A are Allegis Capital, Cowboy Ventures, Data Collective, First Round Capital, RedSeal Networks CEO and former Venrock Partner Ray Rothrock, and Shape Security CEO Derek Smith. As part of the round, Ted Schlein, general partner at Kleiner Perkins, has joined the company.

228 Views

Cloud security startup Evident.io raises $9.85 mln

Dublin, Calif.-based Evident.io, which provides security technology for Amazon Web Services, announced today that has raised $9.85 million in Series A funding led by Bain Capital Ventures. True Ventures also participated in the round. The company previously raised $1.5 million in seed-stage funding from True Ventures.

375 Views

Audax to sell Tri-Ed to Anixter for $420 mln

Audax Group has agreed to sell Tri-Ed, a supplier of security and low-voltage tech products, to Anixter International for $420 million. The deal is expected to close near the end of the third quarter of this year.

150 Views

Google Ventures leads funding of cybersecurity startup ThreatStream

ThreatStream, which provides a cloud-based platform to examine cybersecurity threats, announced it has raised a $4 million Series A round of funding. Google Ventures led the round, with participation from Paladin Capital Group and individual investors Tom Reilly, former CEO of ArcSight and current CEO of Cloudera, and Hugh Njemanze, former CTO and founder of ArcSight. Reilly, Njemanze and Google Ventures General Partner Karim Faris are on the board of ThreatStream.

Khosla, Fairhaven Back Cybersecurity Startup Cylance

Cylance came out of stealth today and announced it has raised $15 million in its first round of funding from Khosla Ventures and Fairhaven Capital. The company–founded last year by Stuart McClure, a former global CTO of McAfee–also named retired Admiral William J. Fallon to its board.

Security Startup Nok Nok Labs Already Knocked on VCs’ Doors

Nok Nok Labs, which develops authentication technology for the cloud, came out of stealth today and launched its product and services. The venture-backed company was founded by CEO Phillip Dunkelberger, who previously launched encryption company PGP Corp. He founded Nok Nok in 2011 and raised a $15 million Series A round that same year from ONSET Ventures and DCM.

The Cloud Aura Hangs Heavy at RSA Security Conference

Securing the cloud is one of the main themes everyone is talking about this week in San Francisco at the annual RSA Conference. Asheem Chandna, a partner at Greylock Partners; Bob Ackerman, managing director at Allegis Capital, and George Hoyem, partner at In-Q-Tel, all discussed the challenges and opportunities of providing security to the cloud. […]

Lookout Raises $19.5M to Support its Cloud-Based Threat Network

For the last several months I’ve beaten the drum over cloud computing and the dozens of startups in the sector raising money. Today, another cloud-related company has joined the chorus. San Francisco-based Lookout Mobile Security, which has built a cloud-based threat network to protect mobile phone users from security threats, announced that it raised a $19.5 […]

Calling All Security-Related Startups—Innovation Sandbox Wants You

What if a conference held a competition for startups, but got no entries? Fortunately, the chances of that happening for Innovation Sandbox—the half-day program that showcases startups and new security solutions at the RSA Conference—are slim, according to Paula Belikove, who founded the program. Although Belikove notes that the number of entries sent in so […]

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget