Page 5 - Dean Sysman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AlleyWatch March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month. Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York during March 2021.  I have included some additional information such as industry, description, round type, total equity funding raised to further the analysis for the state of venture capital in NYC The AlleyWatch audience is driving progress and innovation on a glo...

YL Ventures sells its stake in cybersecurity unicorn Axonius for $270M YL Ventures, the Israel-focused cybersecurity seed fund, today announced that it has sold its stake in cybersecurity asset management startup Axonius, which only a week ago announced a $100 million Series D funding round that now values it at around $1.2 billion. ICONIQ Growth,Alkeon Capital Management, DTCP and Harmony Partners acquired YL Venture’s stake for $270 million. This marks YL’s first return from its third $75 million fund, which it raised in 2017, and the largest return in the firm’s history. With this s...

Axonius nabs $100M at a $1.2B valuation for its asset management cybersecurity platform Remote work has become the norm for many businesses in the last year, and today a startup that has built a cybersecurity platform to help manage all the devices connecting to organizations’ wide-ranging networks — while also providing a way for those organizations to take advantage of all the best that the quite fragmented security market has to offer — is announcing a major round of funding and a big boost to its valuation after seeing its annual recurring revenues grow ten-fold over 15 months. Axon...

Remote work has become the norm for many businesses in the last year, and today a startup that has built a cybersecurity platform to help manage all the devices connecting to organizations' wide-ranging networks -- while also providing a way for those organizations to take advantage of all the best that the quite fragmented security market has to offer -- is announcing a major round of funding and a big boost to its valuation after seeing its annual recurring revenues grow ten-fold over 15 months. Axonius, which lets organizations manage and track computing-based assets that are connectin...

The tech unicorn fever in Israel is showing no signs of subsiding. Three more local cyber companies— Wiz, Orca Security, and Axonius-- are planning to announce in the coming weeks that they have completed large funding rounds at valuations topping $1 billion each.  All three companies raised more than $50 million in 2020 and are taking advantage of the readily available capital to secure additional rounds, while upping their valuations, shortly after their previous ones.   Assaf Rapaport. Photo: Nathaniel Tobias Wiz is the youngest of the three, having only been founded in 2020 and h...