Security Technology

Inspectiv, a vulnerability detection platform, has closed its Series A round on $16m.

oak9, a developer of infrastructure as code security software, has collected $8m in a funding round from Cisco Investments and Morgan Stanley’s Next Level Fund.

Data-first cloud security platform Normalyze has picked up $22.2m in its Series A round, which was co-led by Lightspeed Venture Partners and Battery Ventures.

RevealSecurity, an application detection and response solution, has reportedly closed its Series A funding round on $23m.

Allthenticate, a unified authentication and access control startup, has bagged $3m in seed funding as it hopes to rid the world of passwords.

 Bunkyr, a zero-knowledge security API developer, has collected $1m in pre-seed funding to support the development and delivery of its products.

RapidFort, a software attack service optimisation platform, has reportedly collected $8.5m in its seed funding round.

Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.

The level of uncertainty financial institutions have for third-party cyber risk is worrying. Firms have no idea how a company accesses their network and the back doors left open for criminals. CyberGRX was created to fix this.  

Quickpass Cybersecurity, a privileged access management (PAM) platform, has collected an additional $3m to bring its Series A round to $7m.