New Zealand professional services automation startup Projectworks announced today that it has raised $12 million in new funding to expand its product development, go-to-market and customer success teams. With the funding, the company is particularly focusing on developing generative artificial intelligence tools for the platform, such as time tracking and proposal generation. Founded in 2019, ...

Israeli cybersecurity startup Zero Networks Ltd. announced today that it has raised $55 million in new funding to expand its team and scale up go-to-market efforts worldwide. Founded in 2019, Zero Networks offers automated, agentless microsegmentation solutions that prevent lateral movement and block ransomware attacks. The company’s platform simplifies the implementation of zero-trust security by dynamically learning ...

A new report out today from Bitdefender Labs, the research arm of cybersecurity company S.C. Bitdefender SRL, has found that 84% of major security incidents now involve the use of legitimate system tools, a tactic known as “Living off the Land.” The report, based on a study of 700,000 security incidents, reveals that nearly all major ...

Breach containment company Illumio Inc. today announced a new collaboration with Nvidia Corp. to help critical infrastructure organizations strengthen protection and advance their zero trust posture. The collaboration integrates the Nvidia BlueField networking platform with Illumio’s breach containment platform to deliver security and operational efficiency across converged information technology and operational technology environments. With the integration, critical ...

CrowdStrike Holdings Inc. and Microsoft Corp. today announced a strategic collaboration aimed at resolving the longstanding confusion in how cyberthreat actors are identified and tracked across security platforms. The partnership establishes a shared mapping system that aligns adversary attribution across both companies’ threat intelligence ecosystems, eliminating ambiguity caused by inconsistent naming. The problem that both ...

A new report out today from cloud-native application security firm Sysdig Inc. details one of the first instances of a large language model being weaponized in an active malware campaign. Discovered by Sysdig’s Threat Research Team, the malware campaign involved exploiting misconfigured instances of Open WebUI, a widely used self-hosted artificial intelligence interface, to deploy malicious, AI-generated ...

Prepared, a startup offering artificial intelligence-powered solutions for emergency response, revealed today that it has raised $80 million in new funding. It plans to use the money to accelerate the development and deployment of its assistive AI platform for emergency response, expand its reach to more public safety agencies, and enhance features such as real-time ...

Shares in Elastic N.V. plunged more than 12% in late trading today after the enterprise search software company fell short of expectations with its full-year outlook amid slowing growth, despite otherwise solid results in its fiscal 2025 fourth quarter. For the quarter ended April 30, Elastic reported adjusted earnings per share of 47 cents, up ...

Shares in PageDuty Inc. declined more than 2% in late trading today after the application observability platform provider’s forecast for the quarter ahead fell short of expectations. For its first quarter ended April 30, PagerDuty reported adjusted earnings per share of 24 cents, up from 17 cents per share in the same quarter of the ...

Shares in Zscaler Inc. rose more than 3% in late trading today after the cloud security company reported better-than-expected earnings and revenue for its fiscal third quarter of 2025 and raised its outlook. For the quarter ended April 30, Zscaler reported adjusted earnings per share of 84 cents, up from 71 cents in the same ...