Shares in Informatica Inc. were down slightly in late trading today after the data integration firm reported second-quarter earnings results. For the quarter that ended June 30, Informatica reported adjusted earnings per share of 23 cents, up from 17 cents per share in the same quarter of last year, on revenue of $400.6 million, up 7% year-over-year. ...

Artificial intelligence enterprise software company Gradient AI Corp. announced today that it has raised $56 million in new funding to support product development aimed at driving innovation and efficiency in the insurance industry. Founded in 2012, the company specializes in providing AI solutions for the insurance industry, particularly focusing on automating underwriting processes and improving ...

Software supply chain management startup Lineaje announced today that it has raised $20 million in new funding to advance its artificial intelligence capabilities, deliver secure open-source software, reduce enterprise software maintenance costs and expand its global business. Founded in 2021, Lineaje offers continuous software supply chain security management to companies that build or use software. The company’s service determines ...

Data security platform company Devo Technology Inc. today launched data orchestration, a data analytics cloud and security operations center workflow enhancements that offer security teams data control, cost optimizations and efficient automation. The three announcements are aimed at helping security teams who are grappling with the vast amounts of data they need to manage and analyze. Devo ...

Multicloud security firm Fortanix Inc. today announced an expansion of its Key Insight solution that allows organizations to discover, assess and remediate fragmented cryptographic security risks. With the expansion, Key Insight can now scan databases and storage to discover encryption keys and data services across hybrid environments, including on-premises. Fortanix says the approach is critical to organizations ...

Software-as-a-service bot protection startup DataDome SAS today announced “Discover,” a new free tool designed to eliminate security blind spots. Debuting and being demoed at the Black Hat USA 2024 conference starting Saturday in Las Vegas, Discover has been designed to allow customers to scan their domains and subdomains comprehensively in a single click to receive a quick, ...

Cloud identity and access startup Rezonate Inc. today announced the launch of Zoe, an artificial intelligence-powered assistant designed to augment cybersecurity and identity and access management teams. Zoe provides AI-augmented identity security to help IAM and security teams get ahead and stay ahead of attackers by boosting the speed and efficiency of routine posture and compliance activities ...

Data management provider Cohesity Inc. today announced enhancements to its artificial intelligence-powered data security management platform aimed at improving generative AI detection and recovery capabilities. The new additions to the Cohesity Data Cloud, the company says, allow customers to use its built-in AI capabilities to detect, investigate and address potential threats rapidly within their environment, enabling them ...

A new report from IBM Corp. today finds that the average cost of data breaches in 2024 has hit a record high of $4.88 million, up 10% from 2023 as breaches grow more disruptive and further expand demands on cyber teams. The figures come from IBM’s annual 2024 Cost of a Data Breach report based ...

Virtual networking startup ZeroTier Inc. announced today that it has raised $13.5 million in new funding to boost product development and geographic expansion. Along with the funding, ZeroTier also announced that Andrew Gault is joining the company as its chief executive. Gault was the co-founder of streaming platform Gaikai, which sold to Sony for $380 ...