Republic, an investment platform for startups, announced today that it has raised $150 million in new funding to expand its geographic reach and develop new investment products. Valor Equity Partners led the Series B round. Also participating in the round were Galaxy Interactive, Motley Fool Ventures, HOF Capital, Tribe Capital, CoinFund, Pillar VC, Brevan Howard, ...

Israeli cybersecurity startup Valence Security has launched out of stealth mode with an announcement today that it has raised $7 million in funding. YL Ventures led the seed round. Also participating in the round were a number of security executives and serial entrepreneurs. Founded by cybersecurity veterans Yoni Shohet and Shlomi Matichin, Valence is pitching itself ...

Threat detection marketplace startup SOC Prime Inc. today announced it has raised $11 million in new funding to scale up and accelerate the adoption of its marketplace. DNX Ventures led the Series A round. Also participating were Streamlined Ventures and Rembrandt Venture Partners. Including the new funding, SOC Prime has raised $14.9 million to date. Founded in 2015, SOC ...

Data analytics firm Splunk Inc. today announced a series of new product innovations to help organizations embrace digital transformation through the security visibility needed to accelerate time to detection, investigation and response. The innovations, led by new enhancements to Splunk Security Cloud, Splunk Enterprise Security and Splunk SOAR, are said to provide organizations with a comprehensive Security Operations ...

The rise of ransomware attacks has been well-documented, but a new report suggests that the number may be even more considerable than reported because not all companies disclose attacks. A new report released today by ThycoticCentrify, based on a survey of 300 U.S.-based information technology decision-makers, found that 64% said they had been victims of a ...

Despite the overall venture capital market hitting record highs, a new report finds that investments in cybersecurity companies are currently seeing mixed results. The DataTribe Insights Q3 report, released early Tuesday, found that although venture capital funding in cybersecurity was “quite active” in the third quarter and it remains a good time to raise money, ...

New research released today by cloud security company Bitglass Inc. finds that stolen data on the dark web is being shared and accessed more quicker than ever. Following up on a data tracking experiment in 2015, the researchers created a fictional identity claiming to have a list of vetted login and password data originating from the RockYou2021 password compilation ...

Infamous ransomware gang REvil is reportedly shutting down again after getting hacked itself. REVil, also known as Sodinokibi, first appeared in May 2019 and since that time has been a prolific ransomware group linked to dozens of attacks. Notable attacks include the ransomware attack on information technology management software from Kaseya Ltd. earlier this year. The ...

Sinclair Broadcast Group Inc. confirmed today that it was targeted by a ransomware attack that disrupted its network of local television stations. The suspicion that a ransomware attack may have targeted the company was first raised on Sunday when TV broadcasts went off-air. The attack also took down the Sinclair internet corporate network, email servers ...

Israeli pharmaceutical artificial intelligence startup Quris Technologies today announced $9 million in new funding and launched a clinical prediction AI platform to predict which drug candidates will safely work in humans. The seed round included Dr. Judith Richter and Dr. Kobi Richter, pioneers of cardiovascular intervention therapeutics, with participation from Moshe Yanai. The funding will be ...