Duncan Riley
Latest from Duncan Riley
Security operations startup Kenzo raises $4.5M to expand AI-powered platform
Security operations startup Kenzo Security Inc. launched today with an announcement that it has raised $4.5 million in funding to grow its engineering and sales teams and expand its platform’s capabilities. Kenzo was founded in 2024 by Harish Singh and Partha Naidu (pictured above), both cybersecurity veterans. Harish was previously a founder and founding engineer ...
Cy4Data Labs raises $10M to expand encrypted-in-use data security solution
Data protection startup Cy4Data Labs Inc. announced today that it has raised $10 million in new funding to accelerate growth in sales and marketing. Founded in 2024, Cy4Data Labs offers a data security solution called Cy4Secure that ensures that data remains encrypted and protected not only at rest and in transit but also while in ...
Exaforce raises $75 million to scale agentic SOC platform with multi-model AI
Agentic security operations startup Exaforce Inc. today announced that it has raised $75 million in new funding to advance its agentic SOC Platform. Founded in 2023, Exaforce is developing an agentic security operations center platform that combines artificial intelligence agents called “Exabots” with advanced data exploration. The goal is to give enterprises a tenfold reduction ...
IBM X-Force report finds shift from ransomware to credential theft in 2024
A new report out today from IBM Corp. shows that cybercriminals are evolving their tactics, increasingly opting for stealth over spectacle. The finding comes from the annual 2025 X-Force Threat Intelligence Index, based on data from IBM X-Force incident response cases, dark web monitoring, threat intelligence sources and partner collaborations. The report reveals that identity ...
Lyft to acquire European mobility platform FreeNow for $197M
Riding-hailing company Lyft Inc., the largest rival to Uber Technologies Inc. in the U.S. market, is expanding into Europe with an announcement today that it will acquire multi-mobility app FreeNow for $197 million in cash. With its roots tracing back to a service called mytaxi that launched in 2009, FreeNow covers nine European countries and ...
Torq acquires unlaunched startup Revrod and expands AI-driven security automation in HyperSOC 2o
Autonomous security operations company Torq Ltd. today announced it acquired unlaunched Israeli startup Revrod and integrated its multi-agent retrieval-augmented generation advancements into Torq HyperSOC 2o, the latest version of its flagship product. Revrod never launched and there’s not much publicly available information about the company, aside from it being founded in 2023 and raising early-stage funding ...
Operant AI introduces AI Gatekeeper for runtime protection across hybrid cloud environments
Runtime application protection platform startup Operant AI Inc. today announced the launch of AI Gatekeeper, a new product that brings end-to-end runtime artificial intelligence protection for enterprises that are deploying AI applications and agents from Kubernetes to hybrid and private clouds. AI Gatekeeper takes Operant’s 3D Defense capabilities beyond Kubernetes with completely new defenses against rogue agents, ...
Pillar Security raises $9M to address growing AI-specific security risks
Artificial intelligence security startup Pillar Security Inc. announced today that it has raised $9 million in new funding to expand research and development and go-to-market efforts. Founded in 2023, Pillar Security specializes in securing AI applications and infrastructure through the entire AI lifecycle, from development to production. Headquartered in Miami, Florida, with operations in Tel ...
Vorlon launches DataMatrix to address software-as-a-service API visibility gaps
Software-as-a-service ecosystem security startup Vorlon Inc. today announced the launch of DataMatrix, a new technology that it claims will open the opaque “black box” of SaaS security. DataMatrix fills API security logging gaps present in more than half of SaaS apps and gives security teams visibility and tools to protect entire interconnected SaaS ecosystems. Vorlon argues that ...
Entrust launches unified platform for enterprise cryptographic security management
Identity-centered security solution Entrust Corp, today announced the launch of the Entrust Cryptographic Security Platform, a unified, end-to-end cryptographic security management solution for keys, secrets and certificates. The new solution seeks to address the growing issue of cyberattacks on data security and identity systems. Entrust argues that traditional approaches to securing data and identities aren’t working ...