More Signal. Less Noise.

V5 | Issue 46 | 11.15.23

SentinelOne acquires Krebs Stamos Group. Radiant Security raises $15 million. RADICL secures an additional $9 million.

Summary

By the CyberWire staff

At a glance.

SentinelOne acquires Krebs Stamos Group.
Radiant Security raises $15 million.
RADICL secures an additional $9 million.

Mergers and acquisitions.

SentinelOne has acquired advisory firm Krebs Stamos Group (KSG) to launch PinnacleOne, a strategic risk analysis and advisory group that will be led by former CISA director Christopher Krebs and former Facebook CISO Alex Stamos. Krebs will serve as SentinelOne's Chief Intelligence and Public Policy Officer and President of PinnacleOne, while Stamos will serve as SentinelOne's Chief Trust Officer. The company stated, "Under the leadership of Krebs and Stamos, PinnacleOne will operate as a strategic advisory group, as well as a think tank for hire, helping customers understand who’s targeting them and what they’re after, what their true digital footprint is, how strong their security posture is, and what they need to do to live up to their security responsibilities. Moreover, PinnacleOne can help executives navigate the ever-evolving regulatory landscape and maintain sound security strategies that enable them to succeed in the modern threat environment."

Investments and exits.

AI-enhanced security operations solutions company Radiant Security has raised $15 million in a Series A round led by Next47, with participation from General Advance and existing investors Lightspeed Venture Partners, Acrew Capital, Uncorrelated Ventures, and Jibe Ventures. Shahar Ben-Hador, Radiant Security's CEO and co-founder, stated, "This influx of capital will enable Radiant Security to push forward its innovation and further develop cutting-edge technologies. We plan to expand our engineering and go-to-market capacity to bolster our position as a frontrunner in the rapidly-emerging AI-enhanced security operations market."

Extended threat protection platform provider RADICL has raised an additional $9 million in early-stage funding, bringing the company's total funding to $12 million. The new funding was led by Paladin Capital Group, with participation from Access Ventures, the DA Ventures Seed Fund (a Denver Angels affiliate), and a group of strategic angel investors. The company says the funding "will be used to expand platform R&D, build sales and marketing functions, and enable the upcoming commercial launch of RADICL XTP."

Threat-informed defense platform provider Tidal Cyber has secured $5 million in seed funding led by Squadra Ventures, with participation from existing investors.

Canadian attack surface management firm Cavelo has raised CAD$5 million (USD$3.6 million) in a seed funding round led by Inovia Capital, with participation from existing investors including Graphite Ventures. The company says the funding "will support continued platform development, and sales and marketing efforts to meet growing customer demand across North America."

Executive moves.

1touch.io has appointed Ashish Gupta as CEO and President. The company's former CEO and co-founder Zak Rubinstein will serve as Chief Business and Strategy Officer.

True Anomaly has named Diana Lovati as Chief Information Security Officer.

Infosec Institute has appointed Bret Fund as Senior Vice President and General Manager.

Cyolo has promoted Joe O’Donnell to Executive Vice President of Corporate Development.

Exabeam has appointed Steve Wilson as Chief Product Officer.

Adlumin has hired Jessvin Thomas as Chief Product Officer.

Securonix has appointed Mark Stevens as Vice President of Strategic Alliances.

CyberArk has added Mary Yang to its board of directors.

Selected Reading

Marketplace

RKVST Rebrands as DataTrails (Business Wire) New name highlights company’s unique ability to help customers build immutable audit trails

Google to invest millions in another AI startup (Computing) Google is reportedly investing hundreds of millions of dollars in AI chatbot standout Character.AI just weeks after the world’s third-largest cloud company agreed to pour $2 billion into AI startup Anthropic. The move shows that the generative AI wars between tech giants like Google, Microsoft and Amazon will likely continue to heat up in 2024.

Breakingviews - Palantir’s mythology is far too precious (Reuters) Palantir Technologies has cultivated a powerful mythos worthy of being named for a crystal ball from “The Lord of the Rings.” The data-analysis company co-founded by Peter Thiel and run by Alex Karp fetches a big premium to most of its peers. Financial realities, however, suggest the valuation is the stuff of science fiction.

BAE Systems hosts inaugural OSINT Foundation Awards (BAE Systems) The OSINT Foundation Awards honored individuals and organizations who have made significant advancements in the field of open-source intelligence (OSINT)

Noname Security Named an Overall Leader in KuppingerCole API Security and Management Leadership Compass (Noname Security) Noname Security has been named an Overall Leader in the KuppingerCole Leadership Compass report for API Security and Management.

Alkira Earns Spot on the CRN® 2023 Stellar Startups List (Alkira) Alkira®, the pioneer in agentless, multi-cloud networking, announced today that CRN®, a brand of The Channel Company, has named Alkira to its 2023 Stellar Startups list in the cloud category.

Top 10 Best CyberSecurity Companies In 2024 (Inventiva) Cybersecurity has emerged as a critical concern for individuals, businesses, and governments worldwide. As cyber threats continue to evolve and become more

WSJ News Exclusive | Key Witness at Sam Bankman-Fried Trial to Launch New Crypto Exchange (Wall Street Journal) Ex-FTX lawyer Can Sun and other former company executives want the new exchange to allow customers to verify holdings at any time.

Startup’s Annus Horribilis—and What Comes Next (The Information) If 2022 was a year of shock and denial for tech founders and investors as stocks collapsed, 2023 was a year of acceptance of their harsh new reality. Startups slashed headcount. Founders swallowed their pride and accepted ego-shattering down rounds just to survive. Venture capitalists cut ...

Parsons awarded $91 million cyber capabilities contract (NYSE:PSN) (Seeking Alpha) Parsons secures $91 million contract with US Cyber Command for cyber capabilities services, including a base year and four option years.

SentinelOne® Launches PinnacleOne Strategic Advisory Group (SentinelOne) PinnacleOne Strategic Advisory Group offers a comprehensive suite of services that address security challenges facing organizations today.

Visa launches cybersecurity training program (Cybersecurity Dive) The card giant rolled out a cybersecurity apprenticeship program last year amid a talent deficit highlighted by the Biden administration.

Juniper is laying off more than 100 at its Sunnyvale headquarters (Silicon Valley Business Journal) The network equipment company's Silicon Valley cuts follow its announcement that it planned to lay off 440 people worldwide.

Cyber Risk Accumulation: Fully tackling the insurability challenge | The Geneva Association (The Geneva Association) Cyber incidents have the potential to strike different, large segments of the global economy at the same time and lead to severe financial and even physical damage. Growing geopolitical tensions and reliance on digital technologies are amplifying cyber risks considerably, and the threat of an unprecedented, extreme cyber incident looms large.

Protecting society from an unprecedented cyberattack will require more than insurance, says Geneva Association report | The Geneva Association (The Geneva Association) Growing geopolitical tensions and the use of digital technologies are amplifying cyber risks, with cyberattacks increasing by 38% in 2022 compared to 2021, globally.[1] Although the dedicated cyber insurance market has grown rapidly over recent years, a huge protection gap persists, especially if an unprecedented, extreme cyber incident – striking multiple, large segments of the global economy – were to occur.

Protecto Joins Cadre of Startups in AI Data Protection Space (SecurityWeek) Silicon Valley startup is pitching APIs to help organizations protect data and ensure compliance throughout the AI deployment lifecycle.

Winners announced at UK IT Industry Awards 2023 (Computing) The UK IT Industry Awards 2023, held last night in Battersea, London, celebrated the top achievements in the tech world over the last 12 months.

Products, Services, and Solutions

Cohesity Announces Sign Up for Early Access for Cohesity Turing Integration with Amazon Bedrock (Cohesity) Cohesity Turing Integration with Amazon Bedrock to Provide Customers Valuable Insights into Their Data with Responsible AI and Governance

1touch.io and QuintessenceLabs Join Forces to Address Quantum Computing Security Challenges (QuintessenceLabs) 1touch.io, a pioneer in sensitive data intelligence, and QuintessenceLabs today announced a strategic Independent Software Vendor (ISV) partnership.

OpenTitan® Partnership Announces First Public Secure Execution Environment for Integrated (GlobeNewswire News Room) lowRISC C.I.C. and zeroRISC today announced the first OpenTitan integrated design....

YesWeHack Launches Continuous Threat Exposure Management Product That Unifies Offensive Security Testing (Business Wire) YesWeHack has unveiled a powerful Attack Surface Management (ASM) product that enables clients to orchestrate their offensive security and vulnerability remediation strategy through a risk-based approach.

Keeper Security announces integration with ServiceNow to empower DevOps teams (ETCIO.com) Keeper Security: New integration enables ServiceNow customers to use Keeper Secrets Manager for on-demand discovery, incident response and as a custom credential provider.

Group-IB, CORVIT sign strategic partnership to enhance MEA cybersecurity education offering (Group-IB) Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, and CORVIT, the premiere source of IT and business knowledge and training in the UAE and surrounding areas, are pleased to announce the signing of a strategic partnership that will enhance the cybersecurity education offering available to organizations across the entire Middle East and Africa (MEA) region. The agreement, signed by both parties in late September, has already entered into force.

Avium Digital and WISeKey Join Forces to Enhance Secure Communications and Fortify Avium's SaaS Solution for Vertiport Infrastructures (GlobeNewswire News Room) WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced the signing of a Memorandum of Understanding (MoU) with Avium Inc. (“Avium”), a leading provider of innovative Software as a Service (SaaS) solutions for vertiport infrastructures.

Endace Wins Most Innovative Cloud Threat Detection Investigation & Response (TDIR) in InfoSec Innovator Awards 2023 (Business Wire) Packet capture authority Endace won Top InfoSec Innovator Award for Most Innovative Cloud Threat Detection Investigation & Response (TDIR) at Cyber Defense Magazine’s InfoSec Awards, held at CyberDefenseCon 2023 last week.

ManageEngine Empowers MSPs With Unveiling of Cloud-based Remote Monitoring and Management Solution for Endpoints (ManageEngine) ManageEngine Empowers MSPs With Unveiling of Cloud-based Remote Monitoring and Management Solution for EndpointsLaunch Establishes First Stage of the Company's Unified Platform for MSPs

Network Perception and Claroty Integrate Technology for Continuous OT Cybersecurity Threat Detection (Business Wire) Combined audit platform proactively alerts network administrators to at-risk changes or vulnerabilities

New infosec products of the week: November 10, 2023 (Help Net Security) The featured infosec products this week are from: Aqua Security, ARMO, Druva, IRONSCALES, Malwarebytes, and Varonis.

ConnectWise Announces New SaaS Security Workflow Engine and Enhanced SIEM Features (GlobeNewswire News Room) Cybersecurity Management Reimagined to more Efficiently Protect Security Tech Stacks...

ConnectWise Delivers Revolutionized Experiences Across Business Management Solutions (GlobeNewswire News Room) ConnectWise, a leading provider of software solutions and services for technology solution providers...

ConnectWise RMM Evolves to Unified Monitoring and Management Solution, Unveiling Cloud and Backup Monitoring Capabilities Alongside New Real-time Interactive Dashboard (GlobeNewswire News Room) ConnectWise, the world’s leading software company dedicated to the success of technology solution...

ConnectWise Announces ConnectWise Sidekick™, the World’s First Purpose-Built AI Companion for Technology Providers (GlobeNewswire News Room) Designed for faster problem resolution, automation of complex tasks, and increased efficiency...

ConnectWise Unveils Robotic Process Automation and New Asio™ Workflow Orchestration (GlobeNewswire News Room) ConnectWise, the world’s leading software company dedicated to the success of IT solution providers...

QuSecure Earns Select Admission into Amazon Web Services Partner Network’s Highly Respected AWS Global Startup Program (Business Wire) As AWS Global Startup Program’s Only PQC Member, QuSecure Expands Reach and Capabilities with AWS to Bring Singular Orchestrated Cryptographic Agile Cybersecurity Solution to Public and Private Sectors

Aqua Security Delivered $5.45M in Benefits for a 207% ROI, According to Independent Study (Aqua) BOSTON—Nov. 9, 2023—Aqua Security, the pioneer in cloud native security, today published the results of a commissioned study conducted by Forrester Consulting titled The Total Economic Impact™ (TEI) Of Aqua Platform, which illustrates the cost savings and business benefits delivered by the Aqua Platform. The study revealed $5.45 million in benefits over three years with […]

Akamai and Deloitte Announce Strategic Alliance to Deliver Zero Trust Segmentation and Managed Incident Response (Akamai) The alliance will deliver a unified product and services approach to mitigate ransomware attacks in an enterprise-ready solution

Netskope Delivers the Next Gen SASE Branch, Powered by Borderless SD-WAN (Netskope) Expanded solution empowers organizations to eliminate complicated, inefficient legacy branch infrastructure, optimize performance, and unlock massive cost

SentinelOne® Enhances Cloud Security with Snyk (SentinelOne) Singularity™ Cloud Workload Security paired with the Snyk Developer Security Platform, helping customers secure cloud-native applications.

Bitdefender Selected as an Official Partner of the San Antonio Spurs (Bitdefender) Famed NBA Franchise Leverages Bitdefender Managed Detection and Response and Advanced Endpoint Security Technology to Secure its Operations and Stop Cyberthreats Faster

CompTIA Security+ certification exam update released (Yahoo Finance) Globally recognized certification validates baseline skills needed to perform core security functionsDowners Grove, IL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- CompTIA, the nonprofit association for the information technology (IT) industry and its workforce, today launched the latest version of CompTIA Security+, a global certification that validates the baseline skills necessary to perform core security functions and pursue a career in IT security.“Cybersecurity jobs are continuing to grow across the

Introducing Trace: AI Powered Semantic Search for the NetRise Platform (Netrise) NetRise Trace is a first of its kind, AI-powered semantic search solution enabling users to query the entire system based on intent.

NetRise Releases Industry’s First AI-Powered Semantic Search for Software Supply Chain Security (Netrise) New solution finds compromised, vulnerable assets across firmware & cyber-physical systems using AI.

Introducing AI-powered application security testing with GitHub Advanced Security (The GitHub Blog) Learn about how GitHub Advanced Security’s new AI-powered features can help you secure your code more efficiently than ever.

SentinelOne® Sets New Standard for Cybersecurity with Singularity™ Platform Unity Release (SentinelOne) Next generation of market-leading platform unleashes power of data and AI to drive faster, smarter security decisions

Cybersecurity at a Crossroads: New Implications on Business Risk (Qualys Security Blog) During our 2023 Qualys Security Conference (QSC) taking place in Orlando, Florida, November 6-9, 2023, I unveiled an exciting new milestone for the company – the release of our new Qualys Enterprise…

Onapsis Unveils New Enhancements to Its AI-Driven Security Advisor and Broader Platform, Advancing Greater SAP Visibility and Attack Surface Management (Onapsis) New features offer an enhanced approach for addressing the expanding SAP threat landscape, backed by proprietary data from hundreds of SAP customers and 14 years of security best practices and threat research.

Stack Identity Launches Identity Risk Management Platform on AWS Marketplace to Eliminate Unauthorized Access (Business Wire) Provides customers with direct access to procure the industry's leading identity security solution that automates manual and siloed processes to continuously detect, eliminate and govern the 10 types of Shadow Access

People

Securonix Appoints Mark Stevens as Vice President of Strategic Alliances (Business Wire) Veteran Channel Chief with Proven Success in Growing Global Partner Ecosystems Joins Securonix to Help Channel Partners Thrive in an Evolving Competitive Landscape

Infosec Institute Welcomes Bret Fund as SVP and General Manager (Infosec Institute) Bret Fund brings more than two decades of experience leading education companies through transformative growth and will guide Infosec through its current growth phase.

Exabeam Appoints Steve Wilson to Chief Product Officer (Business Wire) Wilson brings over 20+ years of experience in AI, cybersecurity, and cloud computing to the role

True Anomaly Names Diana Lovati as First-Ever Chief Information Security Officer (PR Newswire) True Anomaly, Inc., the technology company safeguarding global security by ensuring space access and sustainability for all, today announced...

Cyolo Promotes Industry Veteran Joe O’Donnell to Effectively Address the Growing Needs of CISOs Operating at the Intersection of IT and OT (Cyolo) Cyolo announces the promotion of security industry veteran Joe O’Donnell to Executive VP of Corporate Development, a role in which he will strengthen key alliances.

CyberArk Appoints Mary Yang to its Board of Directors (Business Wire) CyberArk (NASDAQ: CYBR), the identity security company, today announced Mary Yang as the newest member of its board of directors. Yang has more than 25 years of experience in technology-related fields and has built a successful career serving in executive leadership positions focused on strategy execution, corporate development, alliance opportunities and global M&A activity.

Zscaler to fortify cloud security with two new AI positions (CRN) Former Salesforce and Advantest AI veterans join to strengthen the vendor’s AI investment