Shares in work management platform provider Smartsheet Inc. dropped in late trading today after reporting a lower-than-expected earnings outlook. For the quarter ended April 30, Smartsheet reported a loss before costs such as stock compensation of $23.7 million, or 18 cents per share, more than doubling a loss of $10.7 million, or nine cents per share, in the ...

Low-code security automation company Swimlane LLC today announced a new service to capture hard-to-reach telemetry and expand actionability beyond closed “extended detection and response” ecosystems. Swimlane Turbine brings a new approach to low-code service automation that its says is approachable enough for those with no coding experience and sophisticated enough to satisfy the world’s most demanding ...

Behavioral security and data analytics startup CybSafe Ltd. has raised $28 million in new funding to accelerate its product development, grow its headcount and expand into the U.S. market. Evolution Equity Partners led the Series B round, with Emerald Development Managers, IQ Capital and Hannover Digital Investments also participating. Including the new funding, The company has raised $40 million ...

International Business Machines Corp. today announced that it plans to acquire offensive cybersecurity startup Randori Inc. for an undisclosed price. Founded in 2018, Randori offers an attack platform with a continuous and automated red-team experience that can use to assess real-world security. The company helps clients continuously identify external facing assets, both on-premises and in ...

Cybersecurity company Forescout Technologies Inc. said today it has inked a deal to acquire threat detection and response startup Cysiv Inc. for an undisclosed price. Founded in 2018, Cysiv offers a 24/7 security operations center as a service that promises proactive threat hunting with a managed security stack for hybrid cloud, network and endpoint security. The ...

Cybersecurity software provider Qualys Inc. today announced a new release of its Qualys Vulnerability Management, Detection and Response. The new cloud-based solution is designed to deliver unprecedented insights into an organization’s unique risk posture, along with the ability to use drag and drop workflows to orchestrate responses. Qualys VMDR 2.0 is said to provide insight that security and information ...

CrowdStrike Holdings Inc. today introduced new features for its Falcon extended defense and response platform and has expanded its CrowdXDR Alliance with new key strategic partners. The first release is the CrowdStrike Asset Graph, a new graph database powered by the CrowdStrike Security Cloud that provides information technology and security leaders with a 360-degree view of assets ...

Software-as-a-service security management startup AppOmni Inc. said today it has raised $70 million in new funding to advance product development, fuel international growth and scale up go-to-market processes. The Series C round was led by Thoma Bravo and included Scale Venture Partners, Salesforce Ventures, ClearSky and Costanoa Ventures. Including the new funding, the company has raised $123 million in venture ...

Hackers have stolen cryptocurrency and nonfungible tokens after compromising a Discord server run by Yuga Labs Inc., the creator of leading NFTs such as the Bored Ape Yacht Club. The successful attack involved the compromise of an account belonging to Yuga Labs Community and Social Manager Boris Vagner. With access to Vagner’s account, those behind the ...

Cybersecurity venture capital firm Ten Eleven Ventures today announced it has raised $600 million for its third-generation fund to invest in security companies ranging from seed to growth stage. Found in 2014, Ten Eleven Ventures finds, invests and helps grow top cybersecurity companies that address critical digital security needs. The VC firm has made 40 ...