Deadly attacks feared as hackers target industrial sites

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F5 to Acquire Shape Security, Transforming Application Security

    Shape, a leader in fraud and abuse prevention, adds protection from automated attacks, botnets, and targeted fraud to F5’s world-class portfolio of application services, protecting customers’ digital experiences. Strategic acquisition accelerates F5’s growth momentum and more than doubles F5’s addressable market in security. December 19, 2019 05:16 PM Eastern Standard Time SEATTLE & …

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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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Shape Security Honored As Fastest Growing Company in the Bay Area by Deloitte’s 2018 Technology Fast 500™

Attributes Steep Revenue Growth To Exceptional Fraud Prevention for the Fortune 500 MOUNTAIN VIEW, Calif., Nov. 15, 2018 (GLOBE NEWSWIRE) — Shape Security today announced that is has been recognized as the fastest growing company in the Bay Area and the third-fastest growing company in North America by Deloitte’s Technology Fast 500™, a ranking of the …

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Exclusive: Dragos Raises $37 Million to Secure Industrial Systems

Two years ago when Rob Lee first sought funding for his cybersecurity startup Dragos, most venture capitalists didn’t deem the business “investible,” he says. Fortune | By: Robert Hackett | November 14, 2018 The market for securing industrial control systems—machinery used in manufacturing, water treatment, power plants, and oil and gas facilities—struck prospective backers as too …

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Anti-fraud startup Shape Security raises $26M in Series E round to drive global expansion

      Tech Crunch | Zack Whittaker | November 1, 2018 Shape Security,  a fraud-fighting cybersecurity company, has closed a $26 million round of Series E funding. This will be the fifth round of funding — more than $130 million — since the Mountain View, Calif.-based company was founded in 2011. This latest round was …

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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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Synack Awarded US Department of Defense Crowdsourced Security Contract

DoD Expands Private, Crowdsourced Hacking Program       REDWOOD CITY, CALIF. (PRWEB) OCTOBER 24, 2018   Crowdsourced security is now considered a “best practice” for the US government to protect the nation’s assets and services, thanks in large part to the US Department of Defense. The DoD first launched their landmark critical assets security program …

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Department of Energy (DOE) Announces Funding Award for Dragos’ “Neighborhood Keeper” Program for Threat Detection and Shared Threat Intelligence Across Small Infrastructure Providers

          Company to support the research and development of novel approaches in threat analytics and data for the benefit of the greater ICS community October 24, 2018 08:00 AM Eastern Daylight Time   HANOVER, Md.–(BUSINESS WIRE)–Dragos, Inc, developers of the Dragos threat detection and response platform, announced today the DOE’s partnership on …

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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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Deadly attacks feared as hackers target industrial sites

          The Hill | By Morgan Chalfant | May 31, 2018 The hacking threat to critical infrastructure in the United States and beyond is growing larger, with nation states and other malicious actors looking to gain a foothold in sensitive technologies to conduct espionage and potentially stage disruptive or destructive attacks. Dragos, a firm …

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