JVP

Coro Secures $100 Million Funding Round to Drive Aggressive Growth to Transform Cybersecurity for SMEs

Retrieved on: 
Thursday, March 28, 2024

This funding round brings the total funds raised to $255 million in the last 24 months.

Key Points: 
  • This funding round brings the total funds raised to $255 million in the last 24 months.
  • Coro is an all-in-one cybersecurity solution offering an enterprise-grade security software platform to SMEs covering endpoint protection, email & user protection and network & cloud protection.
  • In October 2023, Coro created a new cybersecurity paradigm with the launch of Coro 3.0, the industry’s first modular cybersecurity platform.
  • Throughout 2023, Coro continued to receive industry accolades for customer satisfaction, product performance, company growth, and best places to work.

Cybersecurity startup Morphisec appoints Ron Reinfeld as CEO

Retrieved on: 
Thursday, February 29, 2024

BOSTON, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Morphisec endpoint security system (MTD) has announced the appointment of Ron Reinfeld as the new CEO of the company. Reinfeld joined Morphisec three years ago as its Chief Financial Officer. He replaces Ronen Yehoshua at the helm. Yehoshua will remain at the company in the role of President after nine years as CEO.

Key Points: 
  • Reinfeld, who previously served as the company's CFO, replaces Ronen Yehoshua, who was appointed President after nine years as CEO.
  • BOSTON, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Morphisec endpoint security system (MTD) has announced the appointment of Ron Reinfeld as the new CEO of the company.
  • Yoav Tzruya, JVP General Partner and board member at Morphisec: "We want to thank Ronen for the great results in bringing Morphisec from an academic idea to a successful growth-stage startup.
  • We remain steadfast in our support of the team and our collective mission, and we welcome Ron to his new role as Morphisec CEO.

Vicarius Raises $30M Series B to Fuel AI Innovations in Vulnerability Remediation

Retrieved on: 
Wednesday, January 17, 2024

Vicarius , developers of vRx, the industry’s first fully autonomous end-to-end vulnerability remediation platform, today announced a $30 million Series B led by cybersecurity investment firm Bright Pixel (formerly Sonae IM).

Key Points: 
  • Vicarius , developers of vRx, the industry’s first fully autonomous end-to-end vulnerability remediation platform, today announced a $30 million Series B led by cybersecurity investment firm Bright Pixel (formerly Sonae IM).
  • Vicarius is disrupting the market with fully automated and autonomous vulnerability remediation solutions that proactively reduce cyber risk for businesses.
  • Leveraging in-house AI technology, Vicarius automates much of the discovery, prioritization, and remediation workload plaguing security and IT teams.
  • “Vicarius is best positioned to take on the much-needed task of transforming the vulnerability management market from assessment to remediation.

Secret Double Octopus, Renowned Leader in Enterprise Workforce Authentication, Secures a Series C Funding Round to Propel Global Expansion of Innovative Passwordless Technology

Retrieved on: 
Tuesday, January 16, 2024

Secret Double Octopus, the market leader in Passwordless solutions for the enterprise workforce, announced today the successful closure of a Series C funding round.

Key Points: 
  • Secret Double Octopus, the market leader in Passwordless solutions for the enterprise workforce, announced today the successful closure of a Series C funding round.
  • Since 2022, the company has raised another $15 million in capital, including this most recent equity round led by BGV.
  • Secret Double Octopus' innovative approach to workforce authentication has positioned it as a technology leader in the Passwordless space and a strategic player in the larger IAM market.
  • The Series C funding announced today will enable the company to keep investing in its trailblazing R&D and massively scale its global distribution network and market presence.

Medmo Raises $9 Million to Streamline Medical Imaging

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Medical imaging technology company Medmo announced a $9 million funding round led by Lerer Hippeau , alongside existing investors Jerusalem Venture Partners (JVP) , C2 Ventures and Stone IsraVentures.

Key Points: 
  • NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Medical imaging technology company Medmo announced a $9 million funding round led by Lerer Hippeau , alongside existing investors Jerusalem Venture Partners (JVP) , C2 Ventures and Stone IsraVentures.
  • Medical imaging is a fundamental piece of healthcare, from preventative care to diagnosis to treatment.
  • “Medical imaging is especially challenging to coordinate and contains additional layers of complexity for both patients and providers.
  • By creating the connective tissue across a complex and highly fragmented market, Medmo.com is designed to optimize the efficiency of the entire medical imaging market.

UK Fintech Gemba Chooses ThetaRay for its AML Program to Support Global Growth

Retrieved on: 
Tuesday, October 3, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231003132688/en/
    “As Gemba expands globally, it is critical that we reduce regulatory exposure, meet global standards and expectations as well as provide flexibility and agility to the compliance team,” said Alexander Legoshin, CEO of Gemba Finance.
  • Gemba’s platform enables companies or communities to create a new bank online in under one day without coding, compliance, and infrastructural headaches.
  • Gemba's all-in-one online banking and payment gateway solution is fast, reliable, and secure, and designed to help users launch their own neobank quickly and easily.
  • ThetaRay recently announced a $57 million round led by Portage Ventures, JVP and others to spur on further growth following 10x client growth and 5x ARR growth in less than two years.

BioBetter Pioneers Cultivated Meat Future with Molecular Farming

Retrieved on: 
Tuesday, September 12, 2023

KIRYAT SHEMONA, Israel, Sept. 12, 2023 /PRNewswire/ -- FoodTech start-up BioBetter, Ltd., opens its first food-grade pilot facility to accelerate the production of key growth factors for the cultivated meat industry. The company has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using tobacco plants as self-sustained, animal-free bioreactors.

Key Points: 
  • Helping cultivated meat companies offer affordable and accessible products to consumers, BioBetter is revolutionizing the future of cellular agriculture with its innovative molecular farming-based production platform.
  • Currently, cultivated meat production processes are relatively expensive, making it a challenge to scale up and reach price parity with animal-based counterparts.
  • "Cultivated meat is still very expensive in comparison to conventional meat and the key is to reduce the growth medium costs to a minimum," explains Amit Yaari, Ph.D., CEO of BioBetter.
  • The company also is an active member of the Israeli Cultivated Meat Consortium, which unites academic institutions, large companies, and start-ups to collaboratively advance the field of cultivated meat.

Akeyless Brings World's First Vaultless™ Secrets Management Solution to the AWS Marketplace

Retrieved on: 
Thursday, September 7, 2023

TEL AVIV, Israel and NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Akeyless, a trailblazer in Secrets Management, is debuting its pioneering Vaultless™ platform on Amazon Web Services (AWS) Marketplace.

Key Points: 
  • Akeyless Vaultless™ Platform, a leading cloud-native, as-a-service Secrets Management platform for DevOps and InfoSec teams is now available on AWS Marketplace.
  • TEL AVIV, Israel and NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Akeyless, a trailblazer in Secrets Management, is debuting its pioneering Vaultless™ platform on Amazon Web Services (AWS) Marketplace.
  • Confronting the issue of "Secrets Sprawl," Vaultless Secrets Management™ does away with the need for Vault management, enabling DevOps and DevSecOps teams to focus exclusively on their secrets.
  • "We are very excited to make Akeyless Vaultless™ Platform available on AWS Marketplace and scale the platform to AWS enterprise customers and developers globally."

URBAN-X by MINI in Partnership with JVP Launches New Cohort of Urban Innovators Building Critical Climate Technologies

Retrieved on: 
Wednesday, September 6, 2023

BROOKLYN, N.Y., Sept. 6, 2023 /PRNewswire/ -- URBAN-X, the leading urban technology startup platform by MINI, today announced its thirteenth cohort of early-stage startups dedicated to advancing climate technology solutions. Run in collaboration with leading venture capital firm JVP, this new cohort represents a number of startups from across the country. Selected from a pool of over 160 applicants, the six startups are working on solutions in real estate development, mobility, and energy & carbon management to create more interconnected cities that improve quality of life for all.

Key Points: 
  • Run in collaboration with leading venture capital firm JVP , this new cohort represents a number of startups from across the country.
  • The launch of this cohort coincides with the end of a record-breaking summer, where extreme heat waves, wildfires, and floods have underscored the urgent need to reshape our climate trajectory.
  • Recognizing the significance of this challenge, URBAN-X is committed to fostering more sustainable, livable, and resilient cities by nurturing startups that offer impactful solutions.
  • "MINI is committed to driving positive change in urban environments, and we see no better way forward than through the work of the emerging startups URBAN-X is supporting."

ThetaRay, the Leader in Next Generation AI-Powered Secure Global Payments, Raises $57 Million to Continue Unlocking Business Opportunities for Banks and FinTechs

Retrieved on: 
Tuesday, September 5, 2023

The investment, totaling $57 Million, will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology.

Key Points: 
  • The investment, totaling $57 Million, will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology.
  • Photo Credit: Alon Talmor
    ThetaRay recently appointed Peter Reynolds – who had spearheaded the company’s growth as Chief Revenue Officer - as CEO.
  • Global trade has suffered from payment networks becoming risk averse, seeing global interbank corridors reduce by 40%, causing global payments to become hard to complete, unpredictable and costly.
  • ThetaRay turns this trajectory on its head, and ushers in financial inclusion, unlocking business across regions and industries.