Threat actors continue to exploit users, devices and applications, especially as more of them exist outside of the traditional corporate perimeter. With employees consistently working remotely, adversaries are taking advantage of distributed workforces and the poor visibility and control that legacy security tools provide.
2021 was a crazy year, to say the least, not only did we welcome our 2,000th customer, we announced our Series B AND Series C funding rounds, and on top of that, we launched Streamaⓒ – our in-stream data analytics pipeline. But this year, we’re going to top that! We’re eager to share that we are venturing into cybersecurity!
I am pleased to share the exciting news that TA Associates (“TA”), a leading global growth equity firm, has signed an agreement to make a strategic growth investment in Veracode, taking a majority equity position in the business. Thoma Bravo will also continue to be an investor alongside TA. This new partnership is forming at a critical moment in the evolution of the software security market.
Recently, IBM announced the IBM Z and Cloud Modernization Center1 for the acceleration of hybrid cloud and to help IBM Z clients accelerate the modernization of their applications, data, and processes in an open hybrid cloud architecture. By combining IBM Z systems built for transactional integrity, throughput, reliability, and availability with hybrid cloud development, IBM is combining the best of both worlds.
Brilliant business ideas are driven by brilliant entrepreneurs. Enter Feroot’s own Ivan Tsarynny, CEO and Vitaly Lim, CTO, whose vision to improve client-side or “front-end” security for businesses around the globe resulted in the closing of $11 million in seed funding led by True Ventures. Feroot will use the funds to meet growing demand for client-side security solutions by accelerating product development and go-to-market initiatives.
Many organizations consider the AV-Comparatives' test series a standard of quality and a guarantee of a reliable product. Recently, Elastic participated successfully in the AV-Comparatives’ Enterprise Main Test Series and received the Approved Product award. This prestigious and industry-recognized quality award means that the Elastic Security software has been rigorously checked to ensure that it will perform its intended task competently.
The Russian invasion of Ukraine has triggered an escalation in the number of state-sponsored actors targeting critical infrastructure with DDoS attacks. Criminal syndicates and smaller players are also exploiting the crisis. From fake fundraising efforts for Ukraine to account takeovers and high-velocity bot-driven attacks such as DDoS, BIN attacks, and terminal attacks, cybercriminals are stepping up their own attacks in an effort to benefit from the turmoil.
