Cloud networking company Cato Networks Ltd. today announced the launch of Cato Autonomous Policies, a new artificial intelligence capability built into the Cato SASE Cloud Platform that automates and optimizes policy management. Cato claims the Autonomous Policies are the world’s first secure access service edge-native policy analysis engine built to optimize and improve all SASE policies — ...

Identity-driven detection and response startup ClearVector Inc. announced today that it has raised $13 million in new funding to accelerate its mission to redefine cybersecurity by shifting the focus to identity-driven security. Founded in 2020 by John Laliberte, a former executive at Mandiant/FireEye, ClearVector aims to shift the cybersecurity paradigm from traditional threat detection to ...

Shares of Rapid7 Inc. rose slightly in after-hours trading today after the cybersecurity solutions provider reported beats in its fiscal 2025 first quarter, but its second-quarter outlook fell slightly short of expectations. For the quarter ended March 31, Rapid7 reported diluted adjusted earnings per share of 49 cents, down from 55 cents in the same ...

Data protection provider Commvault Systems Inc. today announced a new strategic alliance with Deloitte & Touche LLP to help enhance cyber resilience and incident response. The collaboration will see the integration of Commvault’s advanced data protection and recovery technologies with Deloitte’s cyber defense and response expertise to deliver protection across all stages of a cyber incident. The alliance ...

Israeli artificial intelligence startup AI21 Labs Ltd. has reportedly raised $300 million in a Series D funding from Google LLC and Nvidia Corp. as it expands its large language model offerings and enterprise AI solutions. The funding was first reported by Business Insider and then later confirmed this weekend by Calcalist. Neither knows what valuation ...

Shares in Lyft Inc. jumped more than 7% in late trading today after the ride-hailing firm beat earnings expectations, posted record ride volumes and announced a major stock buyback plan that boosted investor confidence. For the first quarter ended March 31, Lyft reported adjusted earnings per share of 24 cents, up from seven cents per ...

Shares in Coinbase Global Inc. declined nearly 3% in late trading today after the cryptocurrency exchange provider missed on revenue in its fiscal first quarter, reported a decline in transaction revenue, and said subscription and service revenue would fall. Before its earnings report, Coinbase had announced it plans to acquire cryptocurrency derivatives exchange Deribit FZE for ...

Earnings released today from Cloudflare Inc., NetScout Systems Inc. and AvePoint Inc. saw all three companies deliver reasonably strong results, sending shares higher in after-hours trading. Strong customer growth, improved operating performance and solid guidance helped each firm reassure investors despite ongoing macroeconomic uncertainty. Cloudflare Cloudflare reported first-quarter adjusted earnings per share of 16 cents, ...

Cloud cybersecurity startup Coro Cyber Security Ltd. today unveiled its Security Awareness Training module to help small to medium-sized businesses reduce human error, defend against phishing attacks, and demonstrate compliance without adding new tools to manage. The new SAT module is integrated into Coro’s modular cybersecurity platform, allowing smaller businesses to deliver personalized, adaptive training to users ...

Cybersecurity firm CrowdStrike Holdings Inc. today announced the layoff of about 500 employees, accounting for 5% of its global workforce. The company said it’s part of a strategic initiative to enhance operational efficiency and focus on achieving $10 billion in annual recurring revenue by January 2026. In a Form 8-K filing with the U.S. Securities and ...