Security Technology

With a mission to get rid of passwords, Transmit Security raised a massive $543m in Series A funding at $2.2bn pre-money valuation, touting it as the largest Series A investment in cybersecurity history and one of the highest valuations for a bootstrapped company.

Cybersecurity firm SentinelOne has revealed it intends to raise up to $928m on its initial public offering (IPO) as it anticipates an IPO price range of between $26 to $29 per share.

Integrity360, a cybersecurity specialist based in Ireland and the UK, has received a “major” strategic investment from private equity firm August Equity.

Cybersecurity company Advens has closed an investment from CAPZA Growth Tech, which values the business at €100m.

US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.

The CEO of Apple has warned that a proposed new European Union technology law aimed at reigning in tech behemoths could ‘destroy the security of the iPhone’.

Swiss cybersecurity analytics enterprise Threatray has raised €2.3m from a funding round led by Verve Ventures.

President Biden used a recent US-Russia bilateral meeting with President Putin to outline 16 infrastructure that should not be victim to cyberattacks in future.

Web application and API protection service ThreatX has scored $10m in funding to support its move into new verticals.

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.