By SecurityWeek News on May 14, 2021
Private equity giant KKR leads investment to fuel growth of enterprise penetration testing firm
NetSPI, a provider of enterprise penetration tools and services, has raised $90 million in growth funding led by private equity giant KKR, with participation from Ten Eleven Ventures.
NetSPI offers a cloud-based delivery model that allows customers to perform always-on continuous testing to monitor their attack surface and execute attack scenarios based on real-world attacker tactics, either as a single attack technique or a full attack chain using one pre-built playbooks.
The Minneapolis-based company says the funding will be used to expand its employee base, support product innovation, and fuel global growth.
Web application firewalls (WAFs) are a critical component for robust application security. The best ones find the right balance between performance, security effectiveness, and cost.
The primary task for WAFs is to protect specific applications from web-based attacks at the application layer. However, WAFs continue to add advanced features like load balancing, intrusion prevention, threat intelligence, and more, so their role is expanding. At the same time, WAF technology is increasingly a part of more comprehensive security solutions like next-generation firewalls (NGFW), unified threat management (UTM), and more.
Standalone and comprehensive WAF solutions vary greatly in sophistication, pricing, ease of installation and use, and performance. We look at the top WAF vendors, with links to more in-depth analysis, followed by a deep dive into the WAF market to find what buyers should consider before purchasing.
Cymulate Raises $45M in Series C Funding for Continuous Security Testing Led by One Peak
NEW YORK and RISHON LETZION, Israel, May 5, 2021 /PRNewswire/
Cymulate, the industry standard SaaS based Continuous Security Validation platform leveraging the MITRE ATT&CK framework end-to-end, announced today a Series C funding round of $45M, led by
One Peak, together with existing investors
Susquehanna Growth Equity (SGE),
Vertex Ventures Israel,
Vertex Growth and
Dell Technologies Capital. Cymulate has raised $71M to date, including a seed investment from Eyal Gruner.
The funding will be used to further accelerate Cymulate s impressive growth as the company closed 2020 with double the revenue year-over-year and grew its staff by over 150%. Cymulate serves hundreds of customers including leading enterprises and F500 companies and most recently announced a partnership with global telecom giant
By Mike Lennon on May 05, 2021
Israeli cybersecurity testing firm Cymulate announced today that it has raised $45 million through a Series C funding round.
The Series C round was led by One Peak, with participation from existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.
Cymulate has raised $71 million to date, including a $15 million Series B round in November 2019, and a $3 million Series A round in March 2017.
Founded by
Eyal Wachsman and
Avihai Bar Yosef, the company offers a cloud-based security validation platform that helps organizations test their security controls by running thousands of attack simulations, shows points of exposure, and provides remediation guidance. The platform can assess the security of various systems, such as email, Windows Domain Network configurations, web servers, web traffic, and more.