Twistlock

Gutsy Emerges from Stealth with $51M Seed Round to Revolutionize Security Governance with Process Mining

Retrieved on: 
Tuesday, October 10, 2023

BATON ROUGE, La., Oct. 10, 2023 /PRNewswire/ -- Today cybersecurity veterans and serial entrepreneurs Ben Bernstein (Co-founder and CEO), Dima Stopel (Co-founder and VP R&D), and John Morello (Co-founder and CTO) launch Gutsy, redefining the security governance market. Gutsy's founders were the founding team of Twistlock, the cloud-native security pioneer acquired by Palo Alto Networks in 2019, and have raised an exceptional $51M in seed funding led by YL Ventures and Mayfield.

Key Points: 
  • Gutsy's 2023 State of Security Governance survey, with responses from over 50 enterprise CISOs, highlights the problems the company is solving.
  • Gutsy provides security leaders with the data and understanding to answer hard questions and make good decisions.
  • Gutsy's innovative, software-driven approach to helping security organizations visualize, gain semantic awareness, and optimize security operations enables organizations to maintain ongoing security governance at cloud scale."
  • Gutsy's application of process mining to security governance can provide customers a different perspective - focusing on processes and outcomes.

YL Ventures Ranked 8th Among VCs Worldwide in PitchBook’s New Report

Retrieved on: 
Tuesday, August 15, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230815813274/en/
    YL Ventures Ranked 8th Among VCs Worldwide in PitchBook’s New Report (Photo: Business Wire)
    YL Ventures, the seed and follow-on investor of unicorns Axonius and Orca Security, is the only venture capital firm in the PitchBook top 10 that is solely focused on investing in cybersecurity startups.
  • “This recognition demonstrates YL Ventures’ position as the prominent VC bolstering Israeli cybersecurity innovation on the global stage,” says Yoav Leitersdorf, managing partner at YL Ventures.
  • For example, YL Ventures’ 2017 fund, YLV III, invested over $130M in seven portfolio companies.
  • In 2022, YL Ventures announced the launch of its $400M Fund V , bringing its total capital under management to $800M.

CardinalOps Advances to Final Round of 2022 SINET16 Innovator Awards

Retrieved on: 
Thursday, August 18, 2022

TEL-AVIV, Israel and BOSTON, Aug. 18, 2022 /PRNewswire/ -- CardinalOps, the AI-powered detection engineering company, has been named a finalist for the 2022 Security Innovation Network (SINET) 16 Innovator Awards.

Key Points: 
  • TEL-AVIV, Israel and BOSTON, Aug. 18, 2022 /PRNewswire/ -- CardinalOps, the AI-powered detection engineering company, has been named a finalist for the 2022 Security Innovation Network (SINET) 16 Innovator Awards.
  • CardinalOps will now enter Round Two of the scoring process, joining other cybersecurity leaders and past winners including CrowdStrike, Cylance, Phantom, FireEye, Siemplify, Axonius, Orca, TwistLock, SafeBreach, and CyCognito.
  • "We are pleased to receive this recognition of our innovative technology and vision," said Michael Mumcuoglu, CEO and co-founder at CardinalOps.
  • Winners of the 2022 SINET16 Innovator Awards will be announced on Wednesday, September 7th.

YL Ventures Announces $400M Fifth Fund to Champion Israeli Cybersecurity Innovation

Retrieved on: 
Tuesday, May 10, 2022

The significantly oversubscribed fund is the largest seed stage cybersecurity-focused fund ever raised, bridging Israeli innovation and the US market.

Key Points: 
  • The significantly oversubscribed fund is the largest seed stage cybersecurity-focused fund ever raised, bridging Israeli innovation and the US market.
  • View the full release here: https://www.businesswire.com/news/home/20220510005144/en/
    YL Ventures Announces $400M Fifth Fund to Champion Israeli Cybersecurity Innovation.
  • With growing enterprise needs and ample room for innovation, YL Ventures has doubled down on this demonstrably successful sector, consistently delivering top decile returns to its Limited Partners.
  • YL Ventures sets the gold standard for value-add VCs, says Avi Shua, CEO and Co-founder of YL Ventures portfolio company and cybersecurity unicorn, Orca Security.

Dassana Emerges From Stealth With $5M in Funding to Bring Cloud-Like Thinking to Logs

Retrieved on: 
Thursday, April 21, 2022

In conjunction with the company launch, Dassana announced the public beta of the industrys first JSON-native, schema-less, index-free cloud log lake.

Key Points: 
  • In conjunction with the company launch, Dassana announced the public beta of the industrys first JSON-native, schema-less, index-free cloud log lake.
  • Unlike traditional logging solutions, Dassana Cloud Log Lake separates storage and compute, allowing for cost savings of anywhere between 5x to 20x.
  • The need for such a solution is cleartraditional logging systems are optimized for full-text search over unstructured or semi-structured logs.
  • Dassana was founded to bring cloud-like thinking to logs.

Former Nike Deputy CISO Joins Eureka’s Board of Advisors to Drive Secure Enterprise Cloud Data Growth

Retrieved on: 
Wednesday, April 13, 2022

A recognized industry leader, Geurtsen is best known for his 29-year tenure as Deputy CISO at Nike.

Key Points: 
  • A recognized industry leader, Geurtsen is best known for his 29-year tenure as Deputy CISO at Nike.
  • Eurekas vision for cloud data security using automation to provide seamless discovery, classification and integrated processes for all stored organizational data addresses these issues head on.
  • The Eureka Cloud Data Security Posture Management platform enables security teams to successfully navigate the ongoing and often chaotic expansion and growth of cloud data.
  • Eureka automatically discovers entire enterprise cloud data store footprints, data store content and security and compliance risk while continuously monitoring, improving and communicating cloud data security posture and compliance.

Eureka Receives $8M from YL Ventures to Drive Secure Cloud Data Growth

Retrieved on: 
Wednesday, January 12, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220112005035/en/
    Eureka Emerges From Stealth With $8M From YL Ventures To Drive Secure Cloud Data Growth.
  • Eureka seeks to address this growing challenge, without inhibiting the productivity driving the cloud data expansion, by using the power of automation.
  • The Eureka Cloud Data Security Posture Management platform enables security teams to successfully navigate the ongoing and often chaotic expansion and growth of cloud data.
  • Eureka automatically discovers entire enterprise cloud data store footprints, data store content and security and compliance risk while continuously monitoring, improving and communicating cloud data security posture and compliance.

Orca Security Extends Series C Round to $550M, Boosting Valuation to $1.8 Billion, to Further Accelerate Transformation of Cloud Security Industry

Retrieved on: 
Tuesday, October 5, 2021

Orca Security, the cloud security innovation leader, today announced that it has raised $550 million in its extended Series C fundraising round led by Temasek, an investment company headquartered in Singapore.

Key Points: 
  • Orca Security, the cloud security innovation leader, today announced that it has raised $550 million in its extended Series C fundraising round led by Temasek, an investment company headquartered in Singapore.
  • Through its consulting partnership, SAIC will incorporate Orca Security in support of cloud migration, continuous risk assessment, and remediation.
  • Before joining Orca Security, Marks was CMO for Palo Alto Networks Prisma Cloud business unit.
  • This appointment comes on the heels of Andy Ellis , famed cybersecurity leader, also joining Orca Security as advisory CISO.

INOX introduces industry's first combination edge pull and lock for pocket doors

Retrieved on: 
Wednesday, October 28, 2020

SACRAMENTO, Calif., Oct. 28, 2020 /PRNewswire-PRWeb/ -- INOX introduces a unique two-in-one tubular lock for pocket doors called TwistLock .

Key Points: 
  • SACRAMENTO, Calif., Oct. 28, 2020 /PRNewswire-PRWeb/ -- INOX introduces a unique two-in-one tubular lock for pocket doors called TwistLock .
  • It is the industry's first combination of a spring-loaded, integrated edge pull that rotates to convert into a lock bolt.
  • TWEET THIS: Door hardware innovator @Inox_Hardware debuts #TwistLock for pocket doors, the industry's first combination of a spring-loaded, integrated edge pull that then rotates to convert into a lock bolt.
  • To open the door, return the edge pull to the vertical position by rotating the thumbturn, slide the door open, and push the edge pull back into the lock for storage.

Kenna Security Helps Enterprises Achieve Long-term Security with Risk-Based SLAs

Retrieved on: 
Tuesday, April 28, 2020

These capabilities build on Kenna Securitys ability to bridge the gap between security and IT, while meaningfully reducing risk.

Key Points: 
  • These capabilities build on Kenna Securitys ability to bridge the gap between security and IT, while meaningfully reducing risk.
  • Effective cybersecurity is about managing acceptable risk, said Jason Rolleston, chief product officer at Kenna Security.
  • Expanding its list of technology partnerships, Kenna Security now offers connectors that will allow customers to ingest incredibly rich data from CrowdStrikes Falcon Spotlight endpoint security solution as well as Twistlock, a leading container security tool.
  • While many security tools are not designed to facilitate IT operations, Kenna Security continues to seek out ways to alleviate the burden on IT and reduce friction between IT and security teams through functional self-service capabilities.