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Menlo Ventures Hires Rama Sekhar as Partner

Retrieved on: 
Wednesday, January 24, 2024

MENLO PARK, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Today, Menlo Ventures, a leading venture capital firm, announced its newest partner, Rama Sekhar.

Key Points: 
  • MENLO PARK, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Today, Menlo Ventures, a leading venture capital firm, announced its newest partner, Rama Sekhar.
  • Rama also previously held positions at Comcast Ventures and Cisco Systems, where he held roles as a systems engineer and product manager.
  • “We are thrilled to welcome Rama to the Menlo Ventures team,” said Matt Murphy, partner at Menlo Ventures.
  • It's a fantastic time for him to be joining Menlo Ventures to help us double down on our AI-based cybersecurity and infrastructure investing.”
    “Menlo Ventures has a phenomenal track record, and this is a particularly exciting time to join, as they have truly solidified their reputation in both cybersecurity and AI infrastructure with investments in companies like Abnormal, Anthropic, and Pinecone,” said Rama Sekhar, partner at Menlo Ventures.

Veza Announces Integration with CrowdStrike to Combat Identity Breaches

Retrieved on: 
Tuesday, December 12, 2023

Veza, the identity security company, today announced the launch of an integration between the Veza Access Control Platform and the CrowdStrike Falcon® platform.

Key Points: 
  • Veza, the identity security company, today announced the launch of an integration between the Veza Access Control Platform and the CrowdStrike Falcon® platform.
  • According to Gartner , “Conventional identity and access management (IAM) and security preventive controls are insufficient to protect identity systems from attack.
  • When CrowdStrike detects a compromised identity, Veza accelerates containment and mitigation by triggering an automated access and certification review for the compromised identity.
  • Veza instantly helps visualize effective permissions of a compromised user identified by CrowdStrike Falcon Identity Protection across cloud and on-premise applications (i.e.

CIO Leadership: The Visionary Leadership Needed to Power New Business Growth Will Drive the Discussion at the 2023 Silicon Valley CIO Executive Leadership Summit on October 17

Retrieved on: 
Thursday, October 12, 2023

“There’s no better time to be a business technology leader,” said Hunter Muller, Founder and CEO of HMG Strategy.

Key Points: 
  • “There’s no better time to be a business technology leader,” said Hunter Muller, Founder and CEO of HMG Strategy.
  • To learn more about the 2023 Silicon Valley CIO Executive Leadership Summit and to register for the event, click here .
  • To learn more about the 2023 Greenwich CIO Executive Leadership Summit and to register for the event, click here .
  • HMG Strategy will also be hosting its 2023 Minneapolis CIO Executive Leadership Summit on November 2 at the Renaissance Minneapolis Hotel, The Depot.

CIO Leadership: Leading as the CEO of Technology Will Drive the Discussion at the 2023 Minneapolis CIO Executive Leadership Summit on November 2

Retrieved on: 
Thursday, October 5, 2023

Key topics to be explored at the summit will include the role of the CIO as the CEO of Technology to help anticipate what’s next for the business.

Key Points: 
  • Key topics to be explored at the summit will include the role of the CIO as the CEO of Technology to help anticipate what’s next for the business.
  • Looking ahead, HMG Strategy will also be hosting its 2023 Silicon Valley CIO Executive Leadership Summit on October 17 at the Hyatt Regency Santa Clara.
  • Key topics to be explored at the summit include the role of the CIO as the CEO of technology in preparing the organization for what’s coming next.
  • To learn more about the 2023 San Diego Technology Executive Leadership Summit in Partnership with SIM San Diego and to register for the event, click here .

Veza Introduces Next-Gen IGA Solution to Deliver Identity Security for the Enterprise

Retrieved on: 
Tuesday, October 10, 2023

Identity security is a top priority because research shows that 80% of cyberattacks leverage identity-based techniques. Organizations need processes to reduce the permissions sprawl that allows attacks to succeed. Reflecting that need, NIST has proposed the addition of “govern” to its widely-used Cybersecurity Framework (CSF)--the first update in a decade. According to Gartner® Market Guide for Identity Governance and Administration, “IGA tools have not kept up with demand for machine (device and workload) identity management capabilities, forcing companies to pursue separate solutions in many cases.” Traditional IGA products have blind spots with access because they were built for an era with dramatically fewer permissions.

Key Points: 
  • Today Veza , the identity security company, announced the launch of its Next-Gen IGA (Identity Governance and Administration) solution.
  • The solution comprises the Veza Access Control Platform and new products for provisioning and deprovisioning, access reviews, access visibility, and access intelligence.
  • Veza powers Next-Gen IGA with the Veza Access Control Platform, which ingests and analyzes authorization permission metadata from enterprise systems and organizes it into the Veza Authorization Graph.
  • Moreover, the Veza platform allows us to manage the entire lifecycle of an identity, meeting both security and compliance needs.

The Syndicate Group (TSG) Announces Strategic Investment in Veza to Accelerate Channel-Led Growth for the Identity Security Company

Retrieved on: 
Tuesday, September 12, 2023

PALO ALTO, Calif., Sept. 12, 2023 /PRNewswire/ -- Veza, the identity security company, and The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, today announced a strategic investment.  The new capital will be used to accelerate the execution and growth of Veza's channel partnership program as the company leverages TSG's growing network of leading channel partners and investors. 

Key Points: 
  • PALO ALTO, Calif., Sept. 12, 2023 /PRNewswire/ -- Veza , the identity security company, and The Syndicate Group (TSG), a leading venture firm focused on revenue growth and new customer acquisition, today announced a strategic investment.
  • The result is a significant rise in identity-related breaches and an urgent need for next-generation identity security solutions.
  • Veza exists to give CISOs and CIOs the tools they need to secure the access of identities before a breach occurs.
  • "Veza is particularly well-suited to capitalize on the channel ecosystem due to significant and growing market challenges related to identity security and data security.

Ballistic Ventures Named Investor of the Year by SC Media

Retrieved on: 
Tuesday, August 29, 2023

SAN FRANCISCO, Aug. 29, 2023 /PRNewswire/ -- Ballistic Ventures , the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced it was named Investor of the Year in the 2023 SC Media Awards.

Key Points: 
  • SAN FRANCISCO, Aug. 29, 2023 /PRNewswire/ -- Ballistic Ventures , the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced it was named Investor of the Year in the 2023 SC Media Awards.
  • Ballistic Ventures was named Investor of the Year by SC Media.
  • SC Media noted the Ballistic Ventures team as "industry veterans who have a combined experience of over 40 years in the cybersecurity VC industry and have founded, funded, and operated more than 90 successful cybersecurity firms."
  • Led by Founding Partners Kevin Mandia, Barmak Meftah, Ted Schlein, Jake Seid, and Roger Thornton, Ballistic Ventures announced the close of its inaugural fund in May 2022, which was capped at $300M.

Veza Announces Strategic Investments from Capital One Ventures and ServiceNow Ventures

Retrieved on: 
Thursday, August 10, 2023

Veza , the identity security company, today announced that Capital One Ventures and ServiceNow Ventures have made strategic investments in Veza, bringing the company’s total financing to $125 million.

Key Points: 
  • Veza , the identity security company, today announced that Capital One Ventures and ServiceNow Ventures have made strategic investments in Veza, bringing the company’s total financing to $125 million.
  • View the full release here: https://www.businesswire.com/news/home/20230810676646/en/
    Tarun Thakur, Co-Founder and CEO of Veza (Photo: Business Wire)
    Identity security plays a crucial role in cybersecurity risk management.
  • “We are thrilled to have Capital One Ventures and ServiceNow Ventures involved as strategic investors,” said Tarun Thakur , Co-Founder and CEO of Veza.
  • “Veza is designed to give organizations insight into who has access to what and why,” said Jaidev Shergill, managing partner, Capital One Ventures.

Veza Welcomes Phil Venables to its Board of Directors

Retrieved on: 
Wednesday, July 19, 2023

Veza , the identity security company, today announced the appointment of Phil Venables to its Board of Directors.

Key Points: 
  • Veza , the identity security company, today announced the appointment of Phil Venables to its Board of Directors.
  • Venables joins Veza’s Board at a pivotal moment for the company as it takes on traditional, legacy identity solutions with a revolutionary architecture and authorization based approach to modernize the identity industry.
  • View the full release here: https://www.businesswire.com/news/home/20230719293610/en/
    “Phil is the most respected cybersecurity leader in the world and we are truly honored to welcome Phil Venables to the Veza Board,” said Tarun Thakur , Chairman, Co-Founder and CEO of Veza.
  • I look forward to supporting Tarun, working closely with the Board and the Veza leadership team as the company invests in this significant market opportunity.”

City of Las Vegas Selects Veza to Secure Identity Access to Sensitive Data, SaaS apps, and Critical Infrastructure

Retrieved on: 
Wednesday, June 21, 2023

Veza , the identity security company, today announced that City of Las Vegas has deployed Veza to secure access to sensitive data and critical infrastructure as it moves from a centralized, legacy infrastructure to a hybrid, multi-cloud environment.

Key Points: 
  • Veza , the identity security company, today announced that City of Las Vegas has deployed Veza to secure access to sensitive data and critical infrastructure as it moves from a centralized, legacy infrastructure to a hybrid, multi-cloud environment.
  • As new access points emerge with City of Las Vegas’s migration to the cloud, Veza enables the organization to modernize identity access governance and adhere to the principle of Least Privilege across the enterprise.
  • With Veza, we can validate that access policies are working as we intended,” said Michael Sherwood , Chief Innovation and Technology Officer, City of Las Vegas.
  • Webinar featuring Michael Sherwood, Chief Innovation and Technology Officer, City of Las Vegas: https://www.veza.com/resources/case-study-how-las-vegas-secures-data-in-...