ScaleFlux Raises $25M Series B Funding to Expand Global Business and Fuel Innovation Growth
ScaleFlux, Inc., the pioneer in the deployment of Computational Storage at scale, announced it has raised $25M in Series B funding to accelerate global expansion and new product innovation. The round was led by Shunwei Capital and includes multiple Tier-1 strategic corporate investors. This round brings the total invested to date over $40M.
Luminate Security Emerges from Stealth with $14M in Funding to Redefine Access to Corporate IT Data Centers
Luminate Security, provider of the first universal platform for access to corporate applications in hybrid clouds, today emerged from stealth and announced a total of $14M in combined round A and seed funding. Luminate is backed by U.S. Venture Partners and Aleph Venture Capital along with the ScaleUp program of Microsoft for startups. Joining Luminate’s board of directors are USVP’s Jacques Benkoski and Aleph’s Aaron Rosenson.
Security Startup BioCatch Closes $30M Funding Round for ‘Behavioral Biometrics’
Security startup BioCatch closed a $30 million financing round, bringing its total funding to $47 million. Maverick Ventures led the latest round with additional participation from American Express Ventures, NexStar Partners, Kreos Capital, CreditEase, OurCrowd, Janvest Capital, and other existing investors.
Netsparker Closes $40M Series A for its App Scanning Software
U.K.-based application security software vendor Netsparker raised $40 million in a Series A round led by San Francisco private equity fund Turn/River Capital.
Epsagon Snares $4.1M to Tackle Serverless Monitoring Challenge
Israel-based serverless performance monitoring company Epsagon said it recently completed a $4.1 million seed funding round that it plans to use to bolster its position in what it sees as a rapidly growing serverless computing market.
Imanis Data Raises $13.5 Million in Funding and Names John Mracek as CEO
Imanis Data, the creator of a machine learning-based data management platform that includes cloud migration and backup/recovery tools for modern data platforms, today announced that it has raised $13.5 million in capital and named John Mracek as its new CEO.
Machine Data Firm Splunk Buys Phantom Cyber for $350 Million
Splunk, a company that taps machine data for operational insights, is buying Phantom Cyber, a provider of security orchestration, automation, and response (SOAR) for about $350 million in cash and stock. The acquisition is expected to close during the first half of 2018.
Cloudian Secures Funding Commitment of $125 Million in Joint Venture with Digital Alpha to Power Enterprise Object-Storage Growth
Cloudian today announced a $125 million joint venture with Digital Alpha to accelerate adoption of Cloudian’s enterprise object storage systems. The joint venture includes a utility financing facility of up to $100 million from Digital Alpha and its Limited Partners to enable flexible procurement options to accommodate customers’ rapidly growing storage environments.
Losant secures $5.2 million in Series A financing to meet surging IoT solutions demand
Losant, a US-based startup that helps enterprises build IoT solutions, prepares itself to meet the surging demand for next generation connected solutions by securing a sum of $5.2 million in a Series A financing round.
Vectra Raises $123M for Global Push of its AI-Based Security Platform
Security startup Vectra closed a $36 million Series D funding round, bringing its total funding to $123 million. The company will use the latest investment to help build a research and development center in Dublin as it pushes its artificial intelligence (AI)-based platform into the global market.