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CYBERSECURITY
September 2024

Tamnoon Raises $12M Series A Fueling First Hybrid Human-AI Managed Cloud Security Remediation Service

Fusing Artificial Intelligence (AI) and Human Intelligence (HI) to deliver the only managed service that reduces critical cloud exposures by 90% under 90 days.

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By INFRASTRUCTURE SOFTWARE

Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and Sonae IM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms

December 2020 DIGITAL INFRASTRUCTURE Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and Sonae IM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms GitOps creator Weaveworks, Inc., today announced a $36.65 million Series C funding round led by some of the world’s leading public cloud and telecommunications companies, including first-time investors Amazon Web Services (AWS), Ericsson, Orange Ventures, Sonae IM and Telekom Investment Pool (TIP). The round also includes follow-on investments from Accel, GV, and Redline Capital, bringing total funds raised to date to $60 million. Weaveworks will use the fresh capital to enhance its GitOps-powered Kubernetes platform and accelerate market expansion, as enterprises and telecommunications companies demand massive scalability and speed of innovation for their cloud native applications. According to Alexis Richardson, CEO of Weaveworks, investors have come together to invest in their vision for the future of Kubernetes and cloud...
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By EXITS

Fyde has been acquired by Barracuda. The first exit of Bright Pixel’s portfolio

November 2020 EXITS Fyde has been acquired by Barracuda. The first exit of Bright Pixel’s portfolio Fyde has been acquired by Barracuda, a trusted partner and a leading provider of cloud-enabled security solutions. This deal was the first exit of Bright Pixel’s portfolio. Fyde is a ZTNA provider based in Palo Alto, California and Porto, Portugal and was part of Bright Pixel’s portfolio since last year, when raised €2M in a financing round. According to Gartner: “ZTNA improves the flexibility, agility, and scalability of application access enabling digital businesses to thrive without exposing internal applications directly to the internet, reducing risk of attack.” Fyde’s innovative Zero Trust solution enables secure, reliable, and fast access to cloud or on-premises applications and workloads from any device and location. Fyde’s ZTNA solution addresses the security risks associated with traditional remote access by continuously verifying that only the right person, with the right device,...
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By CYBERSECURITY

Cloud-Native Security Platform Deepfence Announces $9.5 Million Series A Investment

November 2020 CYBERSECURITY Cloud-Native Security Platform Deepfence Announces $9.5 Million Series A Investment Milpitas, CA – Nov 17, 2020 – Deepfence, a leading cloud-native workload protection platform, secured $9.5 million in Series A funding. The round was led by AllegisCyber, with participation from Sonae IM, and existing investor Chiratae Ventures. This investment comes on the heels of a banner year for Deepfence who saw their revenues and customer base more than double during the COVID-19 pandemic as businesses flocked to work-from-home and cloud-native technologies. Dave DeWalt, Managing Director at AllegisCyber commented, “Deepfence is a must-have for security teams grappling with cloud-native application security. I am as impressed with their team and vision as I am with their technology. They are pioneering the industry’s first cloud-native DPI technology and applying it broadly across the cloud-native continuum.” “We have seen significant traction since we started commercializing last year due to the novelty...
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