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Business and Finance News

Nozomi Networks Pioneers SaaS Security and Visibility Solution for Dynamic IoT and OT Networks

Nozomi Networks Inc., the leader in OT and IoT security, today announced record 2020 growth and tremendous momentum moving into 2021. As industrial and critical infrastructure cybersecurity threats made operational resilience a top priority for large enterprises around the world, the company experienced 110% growth in annual recurring revenue (ARR) and doubled its customer base with a 90% increase in new customer revenues. The COVID-19 pandemic has accelerated digital transformation, sped industrial connectivity and driven...

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Vdoo, a leader in product security for embedded software, today revealed it had extended its Series B funding to $57M, in an additional round led by Qumra Capital, Verizon Ventures, and others. The round was completed in the third quarter of last year, and the new funding was leveraged to expand Vdoo’s offering to the telco and smart utility space, at the backdrop of the connectivity surge induced by COVID-19. The round increased the total...

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Much has been said about the shadow cast by the pandemic across security teams, as well as the widespread and seismic changes it has facilitated across every part of business function. The sudden shift into remote working has been a challenging endeavour for everyone, but especially among senior management. According to the recent COVID-19 State of Remote Work Survey 2.0, OneLogin recently discovered that they in fact represent the biggest security risk to a business. Nevertheless, much...

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Corelight Appoints Brian Dye CEO and Michele Bettencourt as Executive Chair of the Board

Corelight, provider of the industry’s first open network detection and response (NDR) platform, announced three new leadership appointments today as the company prepares for its next phase of growth amid increasing demand for NDR and rising interest in open source security platforms, architectures and techniques. Brian Dye, formerly chief product officer, has been named chief executive officer; Michele Bettencourt, former chief executive of Imperva, has assumed the role of executive chairperson of the Corelight Board...

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