Aembit raises $16.6M to bring identity management to workloads

Aembit raises $16.6M to bring identity management to workloads

Aembit, a Maryland-based security startup that focuses on helping DevOps and security teams manage how federated workloads talk to each other, is officially launching its service today and announcing a $16.6 million seed funding round from Ballistic Ventures and Ten Eleven Ventures. In essence, Aembit’s workload identity and access management service applies industry knowledge, from […]

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Deci lands $25M for tech that makes AI models more efficient

Humane, a secretive AI startup founded by ex-Apple employees, raises another $100M

A startup founded by ex-Apple design and engineering team Imran Chaudhri and Bethany Bongiorno, Humane, today raised another $100 million to build what it calls an “integrated device and cloud services platform” for AI. Humane’s work is shrouded in mystery. But its latest round of funding, a Series C, attracted a laundry list of notable […]

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Indian startup Yes Madam exposed sensitive data of customers and gig workers

Indian startup Yes Madam exposed sensitive data of customers and gig workers

Indian at-home salon platform Yes Madam exposed the sensitive data of its customers and gig workers due to a server-side misconfiguration. The Noida-based Yes Madam operates in over 30 cities in the country, according to the firm’s website. The platform offers salon services at home, including therapies, massage, spa, and male grooming. Yes Madam’s mobile […]

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Cloud security startup Wiz, now valued at $10B, raises $300M

Cloud security startup Wiz, now valued at $10B, raises $300M

Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 billion in 2022, according to Momentum Cyber. The popularity comes in part from the rise in cyberattacks. Check Point Research reports that global cyberattacks increased […]

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Apkudo, a platform for managing connected devices, raises $37.5M

Apkudo, a platform for managing connected devices, raises $37.5M

Apkudo, a Baltimore-based startup developing a platform to help manage, sell and test connected devices like smartphones and laptops, today announced that it raised $37.5 million in a Series C funding round co-led by Closed Loop Partners’ Leadership Fund and Piper Sandler Merchant Banking with participation from MissionOG, Harbert Growth, Grotech Ventures, Lavrock Ventures and […]

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Battery recycling startup Cylib recharges its coffers to go faster

Battery recycling startup Cylib recharges its coffers to go faster

In 2024, a number of new EU regulations are expected to come into force, which will tighten the obligation of electric vehicle manufacturers and resellers to recycle batteries at the end of their natural lifespan. German battery recycling startup Cylib leapt at the opportunity, raising a total of €11.6 million ($12.6 million) to build a […]

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Cloud security startup Wiz reaches $100M ARR in just 18 months

Sentra raises $30M to provide a security layer for data in the cloud

The move to the cloud, accelerated by the pandemic, continues unabated. By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. The motivation is convenience partly — cloud platforms can be accessed from anywhere, ideal for the remote or hybrid workforce. But it’s […]

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OpsHelm emerges from stealth to automatically correct your security blunders

Identity management platform Saviynt secures $205M in debt, appoints new CEO

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt, which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. Founder Sachin Nayyar, who returned to Saviynt as CEO this week alongside newly-appointed […]

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Atomos tows a $16M load of funding to create tugboats in space

Atomos tows a $16M load of funding to create tugboats in space

You may not have known that space needs tugboats, but now you do — and Atomos Space just closed a $16.2 million Series A investment, which will enable the company to complete its demonstration mission where it will show off its docking and towing capabilities. The company is building a series of Orbital Transfer Vehicles […]

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