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News
Cylake raises $245m to challenge cloud-first cybersecurity
4+ day, 10+ min ago (309+ words) Cylake has raised $245m through a convertible note ahead of the beta launch of its next-generation product. The round saw participation from Lightspeed Venture Partners, Picture Capital and Redpoint Ventures, and pushes the company’s total funding to $290m, following a $45m seed round…...
Alice raises $140m as AI attacks outpace defences
2+ week, 3+ day ago (411+ words) Alice, an AI trust, safety and security business that shields billions of internet users from online manipulation, has closed a $140m funding round as enterprises race to contain the risks of giving AI systems real autonomy. The round was led by…...
Fortinet expands AI security with Virtue AI buy
3+ week, 2+ day ago (218+ words) Fortinet has acquired Virtue AI, a specialist in AI runtime protection, automated AI validation and security for autonomous AI systems, as it extends its reach into safeguarding agentic enterprise deployments. The deal builds on Fortinet’s wider Security for AI strategy…...
Prevalent AI raises $22m as agentic AI risk mounts
3+ week, 2+ day ago (407+ words) Prevalent AI, a nine-year-old CyberTech firm known for turning fragmented corporate data into a single, continuously updated knowledge graph, has secured $22m in growth funding. The deal marks the first outside capital the company has taken on since it was founded,…...
Datavault AI targets cyber risk with $94.5m CyberCatch deal
3+ week, 4+ day ago (241+ words) Datavault AI Inc., a NASDAQ-listed technology company focused on data monetisation, credentialing, digital engagement and real-world asset tokenisation, has agreed to acquire CyberCatch Holdings, Inc. for $94.5m as it looks to add continuous cyber risk and compliance capabilities to its technology…...