Israeli cybersecurity company Upwind Security Inc. is reportedly close to raising $100 million in new funding to enhance its cloud security platform and expand its market presence. According to TechCrunch, the round is being raised on a valuation of $850 million to $900 million. The company was founded by Amiram Shachar and the founding partners ...

Shares in Fortinet Inc. fell 5% in late trading today despite the cybersecurity company exceeding expectations on revenue and earnings in its fiscal third quarter. For the quarter ended Sept. 30, Fortinet reported adjusted earnings per share of 70 cents, up from 41 cents in the same quarter of 2023, on revenue of $1.51 billion, ...

Shares in Block Inc. declined slightly in after-hours trading today after the financial services company fell short on revenue in its fiscal third-quarter but reported slightly better-than-expected earnings. For the quarter ended Sept. 30, Block reported adjusted earnings per share of 88 cents, up from 50 cents per share in the same quarter of last ...

Shares in Five9 Inc. jumped more than 20% in late trading today after the call center software provider reported third-quarter results and guidance ahead of analyst expectations. For its fiscal third quarter ended Sept. 30, Five9 reported adjusted earnings per share of 67 cents, up from 52 cents per share in the same quarter of the previous ...

Identity threat detection and response startup Permiso Security Inc. today released a suite of three open-source tools that help security teams bolster their detection capabilities for a variety of tasks. The first new open-source tool, called DetentionDodger, focuses on identifying and mitigating risks associated with leaked credentials. The tool scans CloudTrail logs to detect failed policy attachments ...

Cybersecurity firm Fortinet Inc. today announced the expansion of generative artificial intelligence capabilities across its product portfolio with the launch of two new integrations with FortiAI, its AI-powered security assistant. The new integrations start with FortiAI for FortiNDR Cloud, an integration designed to help threat hunters quickly view detections and observations that align with their specific queries. ...

Shares in Rapid7 Inc. edged down slightly in late trading today despite the cybersecurity solutions provider reporting beats in revenue and earnings in its fiscal third quarter. For the quarter ended Sept. 30, Rapid7 reported adjusted earnings per share of 66 cents, up from 56 cents in the same quarter of the previous fiscal year, ...

Shares in HubSpot Inc. rose 7% in late trading today after the inbound marketing and customer relationship management company beat revenue and earnings estimates in its fiscal third quarter. For the quarter ended Sept. 30, HubSpot reported adjusted earnings per share of $2.18, up from $1.62 per share in the same quarter of the previous ...

Shares in Lyft Inc. rose more than 20% in late trading today after the ride-hailing company impressed investors with strong revenue in its fiscal third quarter and a decent outlook despite falling very short on earnings. For the quarter that ended on Sept. 30, Lyft reported an adjusted loss per share of three cents, the ...

Artificial intelligence-powered unified observability platform provider Kloudfuse Inc. today announced the launch of Kloudfuse 3.0, an updated platform that it claims transforms observability in today’s enterprises. Kloudfuse 3.0 sees customers gaining access to features such as Real User Monitoring and Continuous Profiling, along with tools to manage large amounts of real-time data, new AI capabilities, ...