Social SafeGuard scores $11M to sell alerts for brand-damaging fakes

AllegisCyber Capital News

The Christmas Season is Almost Here – and Retail Cyber Defenses are Lacking

    RSAConference | By: Robert Ackerman, Jr. | November 29, 2018 The year’s busiest period for retailing has begun and once again will test the effectiveness of retailing cybersecurity – and just as the World Economic Forum has produced a new report stating North American business executives rank cyber attacks among their top risks. While retailing …

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CyberGRX Raises $30 Million in Series C Funding Round Led by Scale Venture Partners

CYBERGRX RAISES $30 MILLION IN SERIES C FUNDING ROUND LED BY SCALE VENTURE PARTNERS Investment to Fuel Growth and Further Mission to Unite Organizations in the Collective Fight Against Cyber Threats   Business Wire | November 28, 2018 CyberGRX, provider of the world’s first and largest global cyber risk exchange, today announced that it has …

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AllegisCyber Names Mike Aiello– Director of Product Management for Google Cloud Platform Security—A Venture Partner

    Aiello’s Deep Cybersecurity and Early Stage Start-up Experience Will Benefit AllegisCyber’s Platform   San Francisco, CA. November 1, 2018— Mike Aiello, a cybersecurity executive at Alphabet Inc.’s Google and previously a Chief Information Security Officer (CISO) at Goldman Sachs for Consumer Banking, will become a Venture Partner for AllegisCyber, a cybersecurity and data science …

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Area 1 Security secures $32 mln Series C

Redwood City, California-based Area 1 Security, a provider of cybersecurity solutions, has raised $32 million in Series C funding. Kleiner Perkins led the round with participation from other investors that included Icon Ventures, DCVC, Top Tier Capital, Allegis Cyber and Epic Ventures. PRESS RELEASE Redwood City, Calif. (October 23, 2018) — Area 1 Security, the leader against phishing, today announced Pay-Per-Phish, …

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Port Covington Set to Become a Global Cybersecurity Hub

High-Profile Silicon Valley Venture Capitalist Firms, Real Estate Developers and Business Leaders Collaborate with the Governor of Maryland, and Mayor of Baltimore to Create Nexus of Tech and Cyber Opportunity at Port Covington Port Covington is set to become one of the leading cybersecurity and technology hubs in the nation “With Maryland’s highly talented workforce, …

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Cybersecurity hub planned for Baltimore’s Port Covington with announcement of three new tenants

A rendering of the first phase of development at Port Covington, which includes apartments, a market and offices near the Sagamore Spirit distillery. (Handout courtesy of Weller Development) The Baltimore Sun | By: Meredith Cohn | October 18, 2018   Three firms involved in cybersecurity plan to move their headquarters to Port Covington during the …

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Why a Silicon Valley venture fund thinks Baltimore can be an East Coast tech hub

  An artist’s rendering of a Baltimore’s planned Port Covington re-development project, a project jointly funded by the City of Baltimore and Under Armour founder Kevin Plank. A small group of cyber-security executives have said they will relocate to Port Covington, hoping to build the area into a world-class hub for technology jobs and innovation. …

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Banks Still Have the Most Money – and Pay the Price in the Cyber Realm

  RSAConference | By: Bob Ackerman | September 4, 2018 Not so long ago, the biggest headache at most banks was bad credit, or, in a few cases, fear of a bank robbery. Those simple, if troublesome, days have receded deep into the background. Today the biggest concern of banks and other players in the …

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D.C.-area cybertech companies persuade West Coast investors to head east

The Washington Post | By Aaron Gregg | July 8, 2018 The Washington area is rarely thought of as a hotbed for technology companies. The region’s biggest firms have generally gravitated toward the quiet, stable business of government contracting, while start-ups tend to move elsewhere in search of growth capital. The area’s cybersecurity companies, however, …

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Social SafeGuard scores $11M to sell alerts for brand-damaging fakes

      Social SafeGuard scores $11M to sell alerts for brand-damaging fakes TechCrunch | By: Natasha Lomas | June 27, 2018 Social SafeGuard, a 2014-founded U.S. startup which sells security services to enterprises aimed at mitigating a range of digital risks that lie outside the corporate firewall, has closed an $11 million Series B …

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