To stop hackers from invading self-driving cars, Karamba Security raises $12 million

 By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration. That connectivity will allow drivers to tap into life-saving safety features and make self-driving cars a reality. But it also makes vehicles vulnerable to malicious hackers. Read More


HackerOne scores $40 million investment as bug bounty platform growth continues

Hacker working on code For the past several years, HackerOne has been helping customers build bug bounty programs to find vulnerabilities in their software, and today it hauled in a big bounty of its own — a $40 million Series C investment led by Dragoneer Investment Group. Existing investors NEA and Benchmark also participated, as well as a strategic investor the company chose not to disclose. It brings… Read More


Microsoft Ventures backs Illusive Networks, a cybersecurity firm that protects with deception

generic_code_hack_security Illusive Networks, a cybersecurity startup based out of Israel that protects networks by building “deception” frameworks to identify and trap malicious hackers, is today announcing that it has added Microsoft Ventures — the software giant’s young investment arm — as its newest strategic investor. In keeping with the its name and purpose in this world, Illusive… Read More


Cylance, fighting malicious hackers with AI, hits $1B valuation after raising $100M

cyber-security-data-sharing “If you can’t beat them, join them” may not sound like the most encouraging pitch for a cybersecurity company, but a startup called Cylance has created an artificial intelligence-powered brain that essentially does just that, and it has taken off — raising $100 million in a Series D round of funding and catapulting itself into the so-called ‘unicorn’ club… Read More

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