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Memcyco 🌐 Latest Deals in Cybersecurity
$24M
Lema AI, a New York City-based provider of an agentic AI security platform, raised $24 million in Series A funding. The round was led by Team8, with F2 Venture Capital leading the seed round and participation from Salesforce Ventures. The funds will be used to accelerate R&D for its autonomous vendor risk analysis engine.
LEMA AIInvestors: Team8, F2 Venture Capital, Salesforce Ventures
$120M
Vega, a New York City-based AI-native security analytics mesh platform provider, raised $120 million in Series B funding, bringing its total funding to $185 million. The round was led by existing investor Accel, with participation from Cyberstarts, Redpoint, and CRV. The funds will be used to accelerate product development and expand the go-to-market team.
VEGAInvestors: Accel,Cyberstarts,Redpoint,CRV
KEYCARD
RECO
BACKSLASH SECURITY
$10M
Midas, a New York City-based company specializing in verification layer services for AI, raised $10 million in funding. The funding round was led by Valor Equity Partners and Nova Global, with the funds aimed at expanding operations and development efforts. The company is led by CEO Renzo Balcazar and President Shalim Monteagudo-Contreras.
MIDASInvestors: Valor Equity Partners, Nova Global
$12.5M
Nullify, a San Francisco-based product security company, has secured $12.5 million in seed funding to enhance its AI-driven security solutions for mid-market enterprises and high-growth SaaS companies. The funding round, led by Syn Ventures with participation from Black Nova Venture Capital, increases Nullify's total capital raised to $16.9 million.
NULLIFYInvestors: Syn Ventures, Black Nova Venture Capital
MAIAEDGE
$10M
New York-based Midas has secured $10 million in funding, led by Valor Equity Partners and Nova Global, to develop a verification layer for artificial intelligence systems. The company, founded by 11 medalists from prestigious mathematical competitions, aims to ensure AI reliability through formal verification, addressing the lack of proof in AI outputs. Notable investors include Silicon Valley Angels and Z Fellows, with a team comprising experts from top universities and companies. The funding will help translate their research into practical applications across various sectors, including biotech and finance.Investors: Valor Equity Partners, Nova Global, Silicon Valley Angels, Z Fellows
REFUTE
$10M
Midas, an AI security and reliability company, has raised $10 million in a funding round led by Valor Equity Partners and Nova Global. The company aims to create a 'mathematical trust infrastructure' to ensure that AI outputs and reasoning are provably correct, addressing the critical issue of costly mistakes in real-world applications.Investors: Valor Equity Partners, Nova Global
$12.5M
Nullify, a San Francisco, CA-based provider of an AI workforce for product security, raised $12.5 million in seed funding. The round was led by Syn Ventures, with participation from existing investor Black Nova Venture Capital. As part of the investment, Syn Ventures operating partner Glenn Chisholm joined Nullify’s board of directors.Investors: Syn Ventures, Black Nova Venture Capital
$32M
Orion Security closed $32 million in Series A funding to enhance its AI-powered, context-aware data security platform, offering a solution to traditional data loss prevention tools that often produce high false positive rates. The funding round was led by Norwest, with participation from IBM and existing investors like Pico Venture Partners and Lama Partners.
ORION SECURITYInvestors: Norwest, IBM, Pico Venture Partners, Lama Partners
$42M
Boulder Ventures participated in a $42 million Series A funding round for RapidFort, a cybersecurity firm based in Sunnyvale, California. The investment, led by Blue Cloud Ventures and ForgePoint Capital, aims to address the urgent need for automated software supply chain security. RapidFort's platform provides continuous vulnerability remediation to keep pace with modern software development, as highlighted by managing partner Rami Rahal. The funding will help RapidFort tackle the challenge of fixing vulnerabilities quickly in an increasingly fast-paced environment.
RAPIDFORTInvestors: Boulder Ventures, Blue Cloud Ventures, ForgePoint Capital
$42M
RapidFort, a cybersecurity firm based in Sunnyvale, California, has secured a $42 million Series A funding round to enhance automated software supply chain security. The round was led by Blue Cloud Ventures and ForgePoint Capital, with participation from Felicis Ventures and other investors. RapidFort aims to address the urgent need for continuous vulnerability remediation in software development, as highlighted by managing partner Rami Rahal. Founder Mehran Farimani emphasizes the challenge of fixing vulnerabilities quickly in an accelerated software delivery environment.Investors: Blue Cloud Ventures, ForgePoint Capital, Felicis Ventures
$42M
RapidFort, a cybersecurity firm based in Sunnyvale, California, has secured $42 million in a Series A funding round led by Blue Cloud Ventures and ForgePoint Capital. The company addresses the urgent need for automated software supply chain security by providing continuous vulnerability remediation. Other investors include Felicis Ventures and Florida Funders. RapidFort's platform aims to eliminate vulnerabilities at machine speed, keeping pace with modern software development.Investors: Blue Cloud Ventures, ForgePoint Capital, Felicis Ventures, Florida Funders
$4.428M
Enclaive, a German cybersecurity company specializing in confidential computing, has secured €4.1 million in seed funding. The investment round was co-led by Join Capital and the Amadeus Apex Technology Fund, with additional support from Auriga Cyber Ventures. Enclaive addresses the challenge of securing sensitive data during processing, particularly for sectors like government and healthcare, by allowing organizations to run applications in secure enclaves without altering existing workflows. The funding will aid in business growth, platform enhancement, and international expansion.
ENCLAIVEInvestors: Join Capital, Amadeus Apex Technology Fund, Auriga Cyber Ventures