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Latest Stories and News

Expel lands $50M Series D as security operations increases in importance

  • TechCrunch
  • 2 weeks ago
  • Expel, a 4-year old startup that offers security operations as a service, announced a $50 million Series D financing today.
  • CapitalG led the round with participation from existing investors Battery Ventures, Greycroft, Index Ventures, Paladin Capital Group and Scale Venture Partners. The company has now raised almost $117 million.
  • It’s never easy finding quality security talent to help protect a large organization. The idea behind Expel is to give customers a set of tools to help use automation to reduce the number of people required to keep an organization safe.
Expel lands $50M Series D as security operations increases in importance

To make locks touchless, Proxy bluetooth ID raises $42M

  • TechCrunch
  • 2 months ago
  • Proxy, a San Francisco, CA-based provider of digital identities for the physical world, raised $42M in Series B funding.
  • The round was led by Scale Venture Partners with participation from existing investors Kleiner Perkins and Y Combinator and new investors Silicon Valley Bank and West Ventures.
  • The company intends to use the funds to accelerate expansion of its technology set and international growth across Asia, Europe, and North America.
  • Led by Denis Mars, Co-Founder and CEO, Proxy empowers people with a personal identity signal for universal access.
  • The signal, emitted from a smartphone, gives people access to any space or device, similar to a universal single sign-on for the physical world.
To make locks touchless, Proxy bluetooth ID raises $42M

Denver Cybersecurity Company Raises $40M Series D

  • AmericanInno
  • 5 months ago

Denver-based CyberGRX, a global cyber risk exchange provider, announced Tuesday that it raised a $40 million Series D, bringing its total funding to $100 million. This investment comes as CyberGRX experiences a period of rapid growth, with the company preparing to close the year with a five times increase in recurring revenue and more than 54,000 organizations worldwide on their exchange.

CyberGRX provides enterprises and their third parties with a cost-effective and scalable approach to third-party cyber risk management. CyberGRX gives organizations a stream of third-party data and analytics to help manage risk in their partner ecosystems. CyberGRX was designed with partners including ADP, Aetna, Blackstone and MassMutual.

The round was led by ICONIQ Capital, with participation from AllegisCyber, Bessemer Venture Partners, The Blackstone Group, ClearSky, GV, MassMutual Ventures, Scale Venture Partners and TenEleven Ventures. The funding will help the company meet increasing demand, including expanding internationally and furthering product development.

Denver Cybersecurity Company Raises $40M Series D

Karan Mehandru

Avatar for Karan Mehandru
Principal at @Trinity Ventures

Cathy Hsu

Avatar for Cathy Hsu
MBA Candidate. Full-stack developer with successful large enterprise product launch experience. Also a licensed CPA.
VC @ ScaleVP. Entrepreneur and technology executive who can't get enough of startups. Product Development / Management. Wharton MBA, UC Berkeley CS.