Shares in Fortinet Inc. fell by as much as 17% in late trading today after it came up short on revenue and outlook and announced a company restructuring to sharpen its focus on core growth areas. For its fiscal third quarter that ended Sept. 30, Fortinet reported adjusted earnings per share of 41 cents, up ...

Shares in Cloudflare Inc. fell about 5% in late trading today after the content delivery network company reported earnings and revenue beats but missed on revenue guidance in its latest quarterly report. For its third quarter that ended Sept. 30, Cloudflare reported adjusted net income of $55.3 million, or 16 cents per share, up from $19.1 ...

Serverless platform startup Koyeb Inc. today announced that it has raised $7 million in new funding to advance its serverless platform, as it aims to enable the deployment of applications globally without requiring developers to manage infrastructure or rewrite code. Founded in Paris in 2020, Koyeb offers a serverless platform that provides developers and businesses with a ...

Shares in Fastly Inc. surged by nearly 13% in late trading after the edge cloud platform provider reported earnings and revenue beats in its most recent quarter and a record quarterly level of revenue. For its third quarter that ended Sept. 30, Fastly reported an adjusted earnings per share loss of six cents per share, ...

Shares in Rapid7 Inc. rose in after-hours trading today after the cybersecurity solutions provider reported earnings and revenue beats in its most recent quarterly report. For its third quarter that ended Sept. 30, Rapid7 reported adjusted earnings per share of 50 cents on revenue of $199 million, up 13% year-over-year. Analysts had expected Rapid7 to ...

Secure cloud access startup P0 Security Inc. today announced that it has raised $5 million in new funding and launched into general availability its flagship product for security practitioners to secure cloud access. Founded in 2022, P0 Security helps security engineers secure cloud access and entitlements for their developers. The product can be used to identify ...

Cloud cybersecurity startup Orca Security Ltd. today announced an enhancement of its partnership with Amazon Web Services Inc. by becoming one of the first cloud security companies to integrate with Amazon Bedrock, Amazon’s managed cloud service for developers to build and scale generative artificial intelligence applications. The integration between Orca Security and Amazon Bedrock has been designed ...

Risk-based patch management startup Action1 Corp. today announced the latest release of its patch management platform that can be used to enable automated workflows for reducing mean time to remediate. The new release has been designed to assist global enterprises that are struggling with complex environments, including the need to organize endpoints manually. The release offers reduced ...

Israeli application security startup Backslash Security Inc. today announced the general availability of its application security posture management platform for enterprise AppSec and product security teams. The solution weaves ASPM capabilities with core AppSec functions, including software composition analysis, static application security testing, software bill of materials, vulnerability exploitability exchange and secrets detection in a single, visualized ...

Updated with comment from SolarWinds Cybersecurity practitioners are expressing concern after the U.S. Securities and Exchange Commission sued both SolarWinds Corp. and its Chief Information Security Officer Timothy Brown for fraud relating to the hack of the company first disclosed in December 2020. The hack, which was attributed to Russian government-linked hackers, saw the insertion ...