Trusted Insighthttp://thetrustedinsight.com/2019-01-06T18:01:05.737860-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
A Look Back At The Israeli Cyber Security Industry
2019-01-06T18:01:05.737860-05:00https://www.thetrustedinsight.com/investment-news/a-look-back-at-the-israeli-cyber-security-industry-in-techcrunch-20190106842/
2018 saw a spate of major cyber attacks including the hacks of British Airways, Facebook and Marriott. Despite growing emphasis on and awareness of cyber threats, large organizations continue experiencing massive data breaches.
SEC Chief: Cyber Crime Risks Are Substantial, Systemic
2017-09-06T07:21:09.018566-04:00https://www.thetrustedinsight.com/investment-news/sec-chief-says-cyber-crime-risks-are-substantial-systemic-1-20170906108/
Regulators must do more to help mom-and-pop investors better understand the potential risks posed by cyber crime and new technologies used to commit fraud, U.S. Securities and Exchange Commission Chairman Jay Clayton said.
Insight Venture Leads $75M Series D In Cyber Security Startup
2017-07-12T10:18:26.994653-04:00https://www.thetrustedinsight.com/investment-news/insight-venture-leads-75m-series-d-in-cyber-security-startup-20170712963/
Darktrace, a UK cyber defence firm, on Tuesday announced their $75-million Series D funding round led by Insight Venture Partners, allowing the company to increase its expansion in Asia Pacific. Existing investors, Summit Partners, KKR and TenEleven Ventures, a specialised VC firm in cyber security companies, also participated in the round. The company’s valuation has touched $825 million post investment.
Tips For Family Offices To Combat Cyber Crime
2017-06-12T17:30:01.771096-04:00https://www.thetrustedinsight.com/investment-news/tips-for-family-offices-to-combat-cyber-crime-20170612273/
Family offices are more vulnerable to cyber crime than many other financial groups, but what can they do to make them less vulnerable? A new report outlines a number of good practices for family offices in this area.
Microsoft Acquires VC-Backed Israeli Cybersecurity Startup
2017-05-24T10:48:17.281094-04:00https://www.thetrustedinsight.com/investment-news/microsoft-acquires-vc-backed-israeli-cybersecurity-startup-at-100m-20170524815/
Microsoft has acquired Hexadite, Israeli cybersecurity startup, in a deal thought to be worth around $100 million. Hexadite is perhaps less about preventing cyberattacks than it is about identifying and addressing them swiftly when they occur. Hexadite is backed by Hewlett Packard Ventures, Ten Eleven Ventures and YL Ventures.
Cybersecurity Firms Tap VC Funding
2017-05-18T09:54:08.180637-04:00https://www.thetrustedinsight.com/investment-news/cybersecurity-firms-tap-vc-funding-ransomware-concerns-20170518628/
While a wave of cyber attacks like the coordinated “WannaCry” virus may be bad for business, it’s no secret that it means good business promotion for the cybersecurity industry. For instance, Sapphire Ventures led a $50 million series c in Wandera, a firm focused on mobile security for businesses in healthcare, finance, technology, and professional services.
Accel Partners Leads $100M Round In Company That Aided The DNC
2017-05-17T09:53:34.566822-04:00https://www.thetrustedinsight.com/investment-news/accel-partners-leads-100m-round-in-company-that-aided-the-dnc-20170517575/
CrowdStrike, the provider of digital security that aided the D.N.C. in its response to what is believed to be interference by Russia, has raised $100 million in capital. The VC firm Accel, led the new round. Other participants include other existing investors like CapitalG, Warburg Pincus, March Capital Partners and Telstra.
CalALTs Reviews Best Practice For Hedge Funds And Private Equity Operations
2017-03-22T14:42:20.312553-04:00https://www.thetrustedinsight.com/investment-news/calalts-reviews-best-practice-for-hedge-funds-and-private-equity-operations-20170322765/
According to the California Alternative Investments Association (CalALTs)'s new white paper on best practices for hedge fund and private equity operations, today's investor wish list includes the existence of an independent administrator, an internal CFO, segregation of duties, employee background checks, centralised operations, documented policies and procedures, a fiscal budget, an internal CCO, an external regulatory consultant, a clean regulatory history, formal compliance training, a tested disaster recovery plan, a cyber security plan, and related staff training. Quite a list.
Vanedge Capital Raises $161M In Final Close Of Second IT Fund
2017-02-24T13:31:43.883772-05:00https://www.thetrustedinsight.com/investment-news/vanedge-capital-raises-161m-in-final-close-of-second-it-fund-20170224839/
Fund II, which invests in early-stage companies in cloud computing, artificial intelligence, cyber security, SaaS and digital media, closed with an additional investment from HarbourVest Partners. HarbourVest joins existing limited partners, including BDC Capital, Export Development Canada, Kensington Capital, Nicola Wealth Management and BC Tech Fund.
Trident Capital Cybersecurity Closes $300M Early-Stage Cybersecurity Venture Fund
2017-02-08T10:24:09.707796-05:00https://www.thetrustedinsight.com/investment-news/trident-capital-cybersecurity-closes-300m-early-stage-cybersecurity-venture-fund-20170208260/
The firm has already invested in five companies in Fund I that include 4iQ, Appthority, Bayshore Networks, ID Experts and IronNet Cybersecurity. Additionally, active, prior investments of the TCC team include AlienVault, BlueCat Networks, Hytrust and Mocana.
RedPoint Leads $70M Series C In Cyber Security Firm
2017-01-25T12:30:13.034085-05:00https://www.thetrustedinsight.com/investment-news/redpoint-leads-70m-series-c-in-cyber-security-firm-20170125801/
New investor -- and current SentinelOne customer -- Redpoint Ventures led the round along with new investment from Ashton Kutcher and Guy Oseary's firm, Sound Ventures. Existing investors Third Point Ventures, Data Collective, Granite Hill Capital Partners, Westly Group, and SineWave Ventures also participated in the round, bringing the total investment in SentinelOne to more than $110 million to date.
After Machines Learn, Hacking Methods Will Evolve
2016-12-16T17:44:42.398114-05:00https://www.thetrustedinsight.com/investment-news/after-machines-learn-hacking-methods-will-evolve-20161216609/
San Antonio—When people consider the potential downside of machine learning and artificial intelligence, it often leans toward the extreme: “The Terminator” or, perhaps, “The Matrix.”
KKR Buys Optiv Security From Private Equity Fund
2016-12-08T13:12:21.801132-05:00https://www.thetrustedinsight.com/investment-news/kkr-buys-optiv-security-from-private-equity-fund-20161208245/
Fresh off its $4.5 billion deal for Calsonic Kansei, a automobile component affiliate of Nissan Motor, private equity firm KKR & Co. L.P. (<a href="http://www.investopedia.com/markets/stocks/kkr/">KKR</a>) is back shopping for more deals. The firm will take a majority stake in Optiv Security, a provider of end-to-end cyber security solutions. Optiv is being acquired from a group of private investors, including a private equity fund managed by Blackstone Mortgage Trust, Inc. (<a href="http://www.investopedia.com/markets/stocks/bxmt/">BXMT</a>), which will maintain a <a href="http://www.investopedia.com/terms/m/minorityinterest.asp">minority interest</a> in Optiv along with Optiv management, the press release read.
KKR Acquires Cyber Security Firm
2016-12-07T11:12:57.593258-05:00https://www.thetrustedinsight.com/investment-news/kkr-acquires-cyber-security-firm-20161207145/
Optiv Security, a market-leading provider of end-to-end cyber security solutions, and KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR will acquire a majority stake in Optiv. The company is being acquired from a group of private investors, including a private equity fund managed by Blackstone (NYSE: BX), which will maintain a minority interest in Optiv along with Optiv management. Other selling shareholders include Investcorp and Sverica. Financial terms of the transaction are not being disclosed.
RDC, Entrepreneurs Lead $10M Series A In Cybersecurity Startup
2016-12-06T14:08:42.846486-05:00https://www.thetrustedinsight.com/investment-news/rdc-entrepreneurs-lead-10m-series-a-in-cybersecurity-startup-20161206093/
Cybersecurity startup Secdo has raised $10 million in a Series A round led by RDC and Check Point cofounder and chairman Marius Nacht, with participation from the founders of Anobit, a startup acquired by Apple back in 2011.
Podcast: What It Takes To Succeed In The Cybersecurity Business
2016-11-28T18:27:02.454742-05:00https://www.thetrustedinsight.com/investment-news/podcast-what-it-takes-to-succeed-in-the-cybersecurity-business-20161128793/
This episode of the Cybersecurity Podcast features Sunil James, a Silicon Valley venture capitalist who invests in information security companies for Bessemer Venture Partners.
Responsible Investment In Trend For Private Equity Investors: PwC Survey
2016-11-22T16:23:50.177075-05:00https://www.thetrustedinsight.com/investment-news/responsible-investment-in-trend-for-private-equity-investors-pwc-survey-20161122625/
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<li>Survey of 111 PE leaders across the globe finds 96% have or will shortly have a responsible investment policy.</li>
<li>4 in 10 (41%) said poor ESG performance has seen them demand a material discount or even walk away from a deal.</li>
<li>4 in 10 would be prepared to pay a premium for a target company with strong environmental, social and governance performance.</li>
<li>85% are concerned about cyber security at portfolio companies but only 27% have taken action on it.</li>
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Cyber Security Veteran Brendan Hannigan Joins Polaris Partners
2016-11-10T11:47:33.216928-05:00https://www.thetrustedinsight.com/investment-news/cyber-security-veteran-brendan-hannigan-joins-polaris-partners-20161110085/
Polaris Partners today announced that veteran cyber security executive and entrepreneur Brendan Hannigan has joined the firm as a Venture Partner, based out of their Boston office. In his role at Polaris, Hannigan will concentrate his efforts on both funding and founding transformative security, cloud and SaaS companies.
Note From A Cybersecurity VC To The Next President
2016-11-08T07:27:04.401311-05:00https://www.thetrustedinsight.com/investment-news/note-from-a-cybersecurity-vc-to-the-next-president-20161108954/
The government can learn a lot of lessons from — and model its approaches on — Silicon Valley companeis. Here’s my view on what the next administration should do to address the cybersecurity problem and improve public trust:
Grotech Ventures Leads $20M Series B For White Ops
2016-09-20T16:04:38.214422-04:00https://www.thetrustedinsight.com/investment-news/grotech-ventures-leads-20m-series-b-for-white-ops-20160920448/
<p>Original investors Paladin Capital Group and Grotech Ventures led the new funding round with participation from additional cyber security industry investors. The new funding will fuel acceleration of White Ops leadership in research and development, and enable strategic expansion of White Ops' U.S. and international sales and marketing footprint.</p>
Former Blackstone Exec Joins Israeli Venture Capital Fund
2016-09-16T15:35:07.159067-04:00https://www.thetrustedinsight.com/investment-news/former-blackstone-exec-joins-israeli-venture-capital-fund-20160916312/
Veteran technology dealmaker David Johnson has joined Glilot Capital Partners, which specializes in enterprise software and cyber security technology, the Israeli venture capital fund said on Wednesday.
Blumberg Capital Leads $7.5M Series A In IntSights
2016-08-30T16:58:27.896091-04:00https://www.thetrustedinsight.com/investment-news/blumberg-capital-leads-75m-series-a-in-intsights-20160830467/
The round was led by Blumberg Capital and included seed investor Glilot Capital Partners as well as Blackstone, Wipro Ventures, the strategic investment arm of Wipro Limited, and additional private investors.
NEA Leads $12M Funding In VA Cybersecurity Startup ThreatQuotient
2016-08-23T14:15:39.920588-04:00https://www.thetrustedinsight.com/investment-news/nea-leads-12m-funding-in-va-cybersecurity-startup-threatquotient-20160823099/
Virginia cybersecurity software startup ThreatQuotient has raised $12 million in a round of funding led by Washington, D.C.-based New Enterprise Associates along with Virginia-based Blu Venture Investors and the Center for Innovative Technology. The new funding comes less than a year after ThreatQuotient raised $10.2 million from the same group of investors last December and approximately doubles the amount raised by the company to date.
Bessemer Leads $29M Round In DC Cybersecurity Startup Virtru
2016-08-22T11:10:44.908424-04:00https://www.thetrustedinsight.com/investment-news/bessemer-leads-29m-round-in-dc-cybersecurity-startup-virtru-20160822991/
Washington, D.C. encryption software startup Virtru has closed a $29 million funding round. The new funding was led by Bessemer Venture Partners, which previously led a $6 million round for Virtru back in 2014.
TAC Security Closes Pre-Series A Funding By Vijay Kedia
2016-08-22T11:09:13.966742-04:00https://www.thetrustedinsight.com/investment-news/tac-security-closes-pre-series-a-funding-by-vijay-kedia-20160822990/
Leading provider of cyber-security solutions to corporate clients TAC Security Solutions announced closing of pre-Series A funding from renowned business leader Vijay Kedia.
Despite Changing Landscape, VC Investment In Cybersecurity Still Strong
2016-08-09T16:25:25.637074-04:00https://www.thetrustedinsight.com/investment-news/despite-changing-landscape-vc-investment-in-cybersecurity-still-strong-20160809322/
<span style="line-height: 20.8px;">Wall Street’s keen interest in funding cybersecurity innovation is as robust as ever. Consider that in 2015, venture capitalists pumped $3.8 billion into 332 cybersecurity–related deals, up from $1.1 billion in 166 deals in 2011.</span>
Cyber Security Startup StackPath Raises $150M
2016-07-25T17:04:12.673976-04:00https://www.thetrustedinsight.com/investment-news/cyber-security-startup-stackpath-raises-150m-20160725493/
The company's $150 million 'Series A' financing is substantially larger than traditional early-stage rounds, with average Series A tech deals at about $7.8 million, according to venture capital database CB Insights.
Skycure Lands $16.5M Series B Round For Mobile Cyber Security Platform
2016-07-19T15:29:27.441051-04:00https://www.thetrustedinsight.com/investment-news/skycure-lands-165m-series-b-round-for-mobile-cyber-security-platform-20160719198/
Sitting in a Tel Aviv office, my interviewee borrowed my iPhone for a simple demo. Inside 2 minutes he was displaying my key strokes and web browsing onto a big screen in the meeting room, entirely remotely.
Indegy Lands $12M In Series A Financing To Protect Critical Infrastructures From Cyber Threats
2016-07-13T15:41:40.318630-04:00https://www.thetrustedinsight.com/investment-news/indegy-lands-12m-in-series-a-financing-to-protect-critical-infrastructures-from-cyber-threats-20160713941/
Indegy has raised a total of $18M for its cyber security technology that protects industrial control systems used in energy, water utility, petrochemical, pharmaceutical and manufacturing facilities.
Votiro Raises $4M In Series A Round To Neutralize Zero-Day Threats
2016-05-25T10:54:20.644267-04:00https://www.thetrustedinsight.com/investment-news/votiro-raises-4m-in-series-a-round-to-neutralize-zero-day-threats-20160525244/
Votiro, a global provider of secure email gateway solutions with patented Zero-Day Exploit Protection technology, announced today the completion of a $4 million financing round led exclusively by Redfield Asset Management.<br />
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Israel Cyber Security Is A Hot Target For Venture Capital
2016-04-15T16:10:09.086930-04:00https://www.thetrustedinsight.com/investment-news/israel-cyber-security-is-a-hot-target-for-venture-capital-20160415946/
Cyber Security in Israel is a boiling hot investment arena, both for Venture Capitalists and for the companies themselves. The Israel Venture Capital marketplace is small, yet powerful. In the cyber security arena, the companies coming out of this crucible are brimming with talent and innovation, often backed by direct experience in government and military affairs.
How Hackers Attacked Ukraine's Power Grid: Implications For Industrial IoT Security
2016-03-15T14:30:15.506174-04:00https://www.thetrustedinsight.com/investment-news/how-hackers-attacked-ukraines-power-grid-implications-for-industrial-iot-security-20160315600/
The December 2015 cyberattacks on Ukranian power utilities were rare in that actual damage was inflicted. But there's ample evidence of widespread infiltration into organisations' operational systems.
Protecting Power And Transport Infrastructure Against Risk Of IoT Cybercrime
2016-03-14T15:30:16.299099-04:00https://www.thetrustedinsight.com/investment-news/protecting-power-and-transport-infrastructure-against-risk-of-iot-cybercrime-20160314528/
Industrial control systems keep modern societies running, but securing them from hackers is hard.
Cyber-Security Startup Ensilo Passes $21M In Funding
2016-03-04T09:00:19.738598-05:00https://www.thetrustedinsight.com/investment-news/cyber-security-startup-ensilo-passes-21m-in-funding-20160304922/
Cyber-security industry infiltration prevention tools (antivirus, firewalls, sandboxes, etc.) have largely failed, resulting in threat actors compromising the network. enSilo, the leading provider of a real-time data protection platform focusing on preventing data tampering and exfiltration, announced today that it closed the second tranche of its Series A financing, raising a total of $19 million for the round and $21 million in total funding.
Cyber Security Startups Face Funding Drought
2016-02-28T16:00:19.131807-05:00https://www.thetrustedinsight.com/investment-news/cyber-security-startups-face-funding-drought-20160228660/
The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending.
$4M Round Puts Cybersecurity Startup Siemplify On The Radar
2016-02-26T14:00:12.619726-05:00https://www.thetrustedinsight.com/investment-news/4m-round-puts-cybersecurity-startup-siemplify-on-the-radar-20160226561/
Using tech developed in military intelligence, the Israeli startup is bursting onto the scene with a real time, graphic display of cyber threats attacking business information systems.
This NYC Startup Raised $20M In Their First Round To Defend Every Possible Cyber Attack
2016-02-26T11:00:12.391747-05:00https://www.thetrustedinsight.com/investment-news/this-nyc-startup-raised-20m-in-their-first-round-to-defend-every-possible-cyber-attack-20160226542/
When looking for cyber security you can’t just be like hand sanitizer and protect 99%; you need to be good 100% of the time. While most companies cannot say this about themselves, Fireglass can.
Cynet Raises USD7m From US Hedge Fund
2016-02-21T18:30:17.266764-05:00https://www.thetrustedinsight.com/investment-news/cynet-raises-usd7m-from-us-hedge-fund-20160221347/
Cybersecurity specialist Cynet has secured a USD7 million investment from Lazarus, a US-based hedge fund. read more
Vera Lands $17M Series B Led By Sutter Hill Ventures
2016-02-21T17:30:09.950541-05:00https://www.thetrustedinsight.com/investment-news/vera-lands-17m-series-b-led-by-sutter-hill-ventures-20160221342/
Vera, the cloud service that wants to protect data regardless of where it’s stored or used, announced a $17 million Series B today led by Sutter Hill Ventures. That may not seem unusual, but companies are at least anecdotally finding those B and C rounds increasingly difficult to come by, especially from traditional venture capitalist like Sutter Hill.
Baltimore IT Startup Protenus Raises $4M In Series A Funding
2016-02-21T10:00:20.828262-05:00https://www.thetrustedinsight.com/investment-news/baltimore-it-startup-protenus-raises-4m-in-series-a-funding-20160221312/
Protenus has announced raising $4 million from a Series A fundraising round. The finance has been rendered from a group of investors led by Arthur Venture. The health data security service provider intends to expand its business all over the US through this fund.
Protenus Raises $4M Series A
2016-02-19T17:00:28.032374-05:00https://www.thetrustedinsight.com/investment-news/protenus-raises-4m-series-a-20160219255/
Protenus, a health IT startup that works with health facilities to track, analyze and prevent data security breaches has raised a Series A to support the expansion of sales, marketing and implementation teams.
Increased Spending In Cybersecurity Drives Funding Surge
2016-02-19T12:00:12.780379-05:00https://www.thetrustedinsight.com/investment-news/increased-spending-in-cybersecurity-drives-funding-surge-20160219233/
In the wake of high-profile hacks and increased activity from state actors, companies are increasing their spending on security. Gartner predicts the world-wide cybersecurity market will increase to $170 billion by 2020, up from $75.4 billion in 2015.
Hexadite Secures $8M Series A To Grow Cybersecurity Company
2016-02-18T11:00:11.941216-05:00https://www.thetrustedinsight.com/investment-news/hexadite-secures-8m-series-a-to-grow-cybersecurity-company-20160218169/
Hexadite, a company that analyzes cyber threats and helps determine whether they require action or are false alarms, announced an $8 million Series A round today.
Silver Lake Invest $500M In Symantec
2016-02-12T17:37:56.252868-05:00https://www.thetrustedinsight.com/investment-news/silver-lake-invest-500m-in-symantec-20160212966/
Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to shareholders.
Preemptive Layoffs ‘Needed’ At Andreessen-Backed Startup, Says CEO
2016-02-12T16:00:19.457142-05:00https://www.thetrustedinsight.com/investment-news/preemptive-layoffs-needed-at-andreessen-backed-startup-says-ceo-20160212953/
<p>Data storage company <a href="http://www.datagravity.com/">DataGravity Inc.</a> has cut employees in an effort to more tightly focus its business and prepare for a potentially tough economy this year, according to Chief Executive Paula Long.</p>
Hexadite Secures $8M Series A To Grow Cyber Security Company
2016-02-12T09:00:19.297192-05:00https://www.thetrustedinsight.com/investment-news/hexadite-secures-8m-series-a-to-grow-cyber-security-company-20160212922/
The investment was funded by Hewlett Packard Ventures, Ten Eleven Ventures and YL Ventures, which also invested in Hexadite’s seed round.
Worldwide Venture Capital Funding Jumps To $128B
2016-02-10T18:30:19.444886-05:00https://www.thetrustedinsight.com/investment-news/worldwide-venture-capital-funding-jumps-to-128b-20160210869/
Worldwide venture capital funding has reached a record high of $128 billion in 2015, buoyed by massive venture capital investments during Q2 and Q3 in particular.
Elephant Partners Lead $8M Series A For KnowBe4
2016-02-10T18:00:12.262152-05:00https://www.thetrustedinsight.com/investment-news/elephant-partners-lead-8m-series-a-for-knowbe4-20160210866/
Venture capital investor Elephant Partners has led a Series A round in school security awareness company KnowBe4.
Mprest $20M Round Financing
2016-02-08T12:00:20.719187-05:00https://www.thetrustedinsight.com/investment-news/mprest-20m-round-financing-20160208693/
HFN represented GE Ventures as it joined with Our Crowd in leading a Series A funding totaling $20 million for cybersecurity startup mPrest.
Esentire Raises $27M To Scale Presence And Enter New Markets
2016-02-05T17:30:18.440278-05:00https://www.thetrustedinsight.com/investment-news/esentire-raises-27m-to-scale-presence-and-enter-new-markets-20160205585/
The round was co-led by existing investor Edison Partners and Georgian Partners with participation from Cisco Investments, with additional participants including Northleaf Ventures Catalyst Fund, and new investor, Information Venture Partners II.
JASK Raises $2M Seed Round
2016-02-05T15:30:20.840923-05:00https://www.thetrustedinsight.com/investment-news/jask-raises-2m-seed-round-20160205577/
JASK, a new company pioneering artificial intelligence and advanced analytics for cyber-security, has raised more than $2 million in seed financing.
Cisco Plans to Invest in Startups
2016-02-04T13:00:43.098630-05:00https://www.thetrustedinsight.com/investment-news/cisco-plans-to-invest-in-startups-20160204501/
<div id="watch-uploader-info" style="margin: 0px; padding: 0px; border: 0px; font-family: Roboto, arial, sans-serif; line-height: 17px; background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Good news for all the startups in India, MNC major Cisco is keen to step up startup investments in India and is looking to increase the $40 million corpus that it allocated for early stage investments. Watch Dinesh Malkani, the president of Cisco for India and SAARC in conversation with ET NOW to know more.</div>
Report Finds Private Equity Firms Around The Globe Not Prepared For A Cyber Attack
2016-01-27T11:30:13.675361-05:00https://www.thetrustedinsight.com/investment-news/report-finds-private-equity-firms-around-the-globe-not-prepared-for-a-cyber-attack-20160127062/
<p style="line-height: 18.9091px;">PEI surveyed close to 100 international private equity firms to conduct its research, and found the biggest gaps surround a simple lack of focus on cybersecurity with the absence of dedicated programs, protocols and expertise. In short, it appears the industry simply believes 'it won't happen to them'. While more than 70 percent of respondents believe cybersecurity is a high risk to their business operations, only 23 percent claim to have a fully operational and compliant cybersecurity program.</p>
Symantec To Get $1B Less Cash In Sale Of Veritas To Carlyle
2016-01-20T12:30:19.341419-05:00https://www.thetrustedinsight.com/investment-news/symantec-to-get-1b-less-cash-in-sale-of-veritas-to-carlyle-20160120830/
(Reuters) - Antivirus software maker Symantec Corp said on Tuesday it will receive $1 billion less in cash for its data storage unit Veritas from Carlyle Group LP , cutting the price of the biggest leveraged buyout of 2015 after debt backing the deal failed to sell.
Automation Of Oilfield Operations To Double By 2020
2016-01-07T17:49:00.444033-05:00https://www.thetrustedinsight.com/investment-news/automation-of-oilfield-operations-to-double-by-2020-20160107248/
IDC expects the top 50% of oil and gas companies will double down on oilfield operation automation, but limitations still exist for digital oilfield initiatives in terms of people and processes.
Chinese Investors Back Israel Startups Amid Silicon Valley Froth
2015-12-08T11:33:43.296446-05:00https://www.thetrustedinsight.com/investment-news/chinese-investors-back-israel-startups-amid-silicon-valley-froth-20151208701/
It was standing room only at Tel Aviv’s Mad Men-inspired Zou Bisou Bar on Nov. 17. Representatives from more than 150 Israeli tech startups drank wine and beer, munched finger food and jostled to get a business card into the hands of an investment team from Alibaba Holding Group Ltd. Chinese investors are a common sight in Israel these days. Companies like Alibaba and Baidu Inc. are looking for promising innovations that...
Modi in Malaysia: Pacts signed on infrastructure, cybersecurity
2015-11-24T15:35:46.089326-05:00https://www.thetrustedinsight.com/investment-news/modi-in-malaysia-pacts-signed-on-infrastructure-cybersecurity-20151124050/
The infrastructure development agreement was signed between India's NITI Aayog and Malaysia's Pemandu.
BAE nears sale of US manpower and services businesses
2015-11-12T17:37:10.925162-05:00https://www.thetrustedinsight.com/investment-news/bae-nears-sale-of-us-manpower-and-services-businesses-20151112356/
Britain's BAE Systems Plc is in advanced talks to sell its U.S. manpower and services businesses to private equity firm Veritas Capital Management LLC for more than US$1 billion, according to people familiar with the matter.
Cyber Security Company Confer Raises $17M
2015-11-02T17:35:38.187175-05:00https://www.thetrustedinsight.com/investment-news/cyber-security-company-confer-raises-17m-20151102650/
Boston-based Confer, a provider of endpoint detection and response technology, announced it has raised $17 million in Series B funding. Foundation Capital led the round, which included existing investors, Matrix Partners and North Bridge Venture Partners. The company previously raised an $8 million Series A round in January 2014.
Former NSA head's cyber-security startup raises $32.5 million
2015-10-27T12:36:16.793840-04:00https://www.thetrustedinsight.com/investment-news/former-nsa-heads-cyber-security-startup-raises-325-million-20151027357/
(Reuters) - Former U.S. National Security Agency Director Keith Alexander's cyber security startup, IronNet Cybersecurity Inc, said on Monday it had raised $32.5 million in a "Series A" funding round led by Trident Capital Cybersecurity.
Former NSA Head's Cyber-Security Startup Raises $32.5M
2015-10-26T16:23:35.013322-04:00https://www.thetrustedinsight.com/investment-news/former-nsa-heads-cyber-security-startup-raises-325m-20151026286/
Former U.S. National Security Agency Director Keith Alexander's cyber security startup, IronNet Cybersecurity Inc, said on Monday it had raised $32.5 million in a "Series A" funding round led by Trident Capital Cybersecurity.
Israeli Cybersecurity Firm Cybereason Raises $59M Series C Led By SoftBank
2015-10-13T16:42:43.739959-04:00https://www.thetrustedinsight.com/investment-news/israeli-cybersecurity-firm-cybereason-raises-59m-series-c-led-by-softbank-20151013534/
Cybereason just completed a $59 million Series C round led by SoftBank Corp. This is just the company’s latest capital grab after raising a $25 million Series B only four months ago. The company has raised $88.6 million to date.
EMC: A look at the Federation as Dell considers and acquisition
2015-10-09T11:41:31.282954-04:00https://www.thetrustedinsight.com/investment-news/emc-a-look-at-the-federation-as-dell-considers-and-acquisition-20151009356/
EMC is actually a constellation of six independently run businesses that operate as one giant company called the EMC Federation. The idea is for them to cooperate — like creating a unified sales staff — to make each member stronger. But critics have described the structure as unwieldy and confusing to customers and investors. Hedge fund Elliott Management has pushed the company to break itself apart because it believes that the combination isn’t as valuable to shareholders as it would be if it were torn apart. A possible merger with Dell could be the answer EMC is looking for to...
AIMA sets out steps to cyber security safety for hedge funds
2015-10-07T10:59:30.837613-04:00https://www.thetrustedinsight.com/investment-news/aima-sets-out-steps-to-cyber-security-safety-for-hedge-funds-20151007185/
The Alternative Investment Management Association (AIMA) has set out a number of steps that hedge fund firms and other asset managers should take in building up their cyber security defences. The newly-published AIMA Guide Guide to Sound Practices for Cyber Security discusses the nature and scope of existing and emerging threats and offers practical guidance on effective methods for preventing or dealing with them.
A group of hedge funders are exploiting the shortcomings of Wall Street's trendiest investing style
2015-10-01T15:20:08.649165-04:00https://www.thetrustedinsight.com/investment-news/a-group-of-hedge-funders-are-exploiting-the-shortcomings-of-wall-streets-trendiest-investing-style-20151001833/
When the value of some exchange-traded funds fell more than the indices they were tracking in August, a group of hedge funders saw an affirmation — that ETFs are vulnerable. ETFs are made up of baskets of securities and are seen as a cheap means of gaining broad exposure to markets. The US ETF industry had nearly $2 trillion in assets under management at the end of 2014. Some hedge funds are now betting that some ETF price swings "are more pronounced than the moves of their underlying assets," according to The Wall Street Journal. Steven Cohen of Point72 has been betting against commodities...
Exabeam Announces $25M Series B Financing
2015-09-30T10:20:48.173359-04:00https://www.thetrustedinsight.com/investment-news/exabeam-announces-25m-series-b-financing-20150930714/
SAN MATEO, CA, Exabeam, the leader in user behavior analytics (UBA) for security, today announced the closing of a $25 million financing round
Norse Closes Series A1 Funding Round With Strategic Investment From KPMG Capital
2015-09-30T10:20:01.044847-04:00https://www.thetrustedinsight.com/investment-news/norse-closes-series-a1-funding-round-with-strategic-investment-from-kpmg-capital-20150930713/
The additional Series A1 funding now brings the total venture funding raised by Norse to $42 million.
Zscaler Raises $25M From Google Capital To Close $110M Round
2015-09-25T16:43:19.991551-04:00https://www.thetrustedinsight.com/investment-news/zscaler-raises-25m-from-google-capital-to-close-110m-round-20150925536/
Zscaler, a California-based cloud security firm, has mobilized $25million from Google Capital, an equity investment arm of Google. Adding to the oversubscribed round, the total amount raised by Zscaler reaches $110mn. The cyber security firm raised $85million in August. Zscaler was waiting for a strategic partner to close the round. Google Capital is engaged in late-stage financing activity.
Paladin Closes on Cyber Fund, Promotes Four Executives
2015-09-23T18:36:44.687780-04:00https://www.thetrustedinsight.com/investment-news/paladin-closes-on-cyber-fund-promotes-four-executives-20150923421/
Multi-stage private equity firm Paladin Capital Group has achieved a first close on its new Paladin Cyber fund and promoted four executives as it continues to focus heavily on cyber and digital security investments. Through Paladin III Fund, Paladin Cyber Fund, and affiliated vehicles, the firm has made 38 investments in cyber and digital security technologies over the past twelve years, according to a press release. The promotions are as follows: Christopher Steed to Managing Director, Mourad Yesayan to Principal, Gibb Witham to Vice President, and Tom Clute to Associate. “Paladin has invested and continues to invest knowledgeably in the...
Private equity firm rumored to buy a big chunk of AMD
2015-09-11T14:44:51.407365-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firm-rumored-to-buy-a-big-chunk-of-amd-20150911015/
The latest gossip in the soap opera that is AMD is that the company is about to sell 20% of its stake to a private equity investors Silver Lake Partners, the same firm that helped Dell go private. Silver Lake was the main investment firm in Michael Dell's buyout of his company to take it private, and the firm has also invested in companies like Alibaba, Avago, GoDaddy, Motorola Solutions, and Opera Solutions. With AMD's stock at $1.88 and a market cap of around $1.4 billion, a 20% stake in AMD would be around $280 million, peanuts compared to the...
FLG Partners Announces Tim Laehy As A New Partner
2015-09-09T10:43:44.919096-04:00https://www.thetrustedinsight.com/investment-news/flg-partners-announces-tim-laehy-as-a-new-partner-20150909872/
FLG provides financial and operational leadership to companies ranging from newly funded startups to multi-billion dollar public companies across all technology and life science sectors.
Carlyle looks to sell Landmark Aviation for US$1.7 billion
2015-09-01T18:32:13.292784-04:00https://www.thetrustedinsight.com/investment-news/carlyle-looks-to-sell-landmark-aviation-for-us17-billion-20150901586/
Private equity firm Carlyle Group LP has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as US$1.7 billion, including debt, people familiar with the matter said on Friday.
How a One-Man ETF Shop Attracted $1.4 Billion in Just 8 Months
2015-08-26T11:10:51.819765-04:00https://www.thetrustedinsight.com/investment-news/how-a-one-man-etf-shop-attracted-14-billion-in-just-8-months-20150826274/
Andrew Chanin's HACK is a rocket in an industry full of zombies.
Psychic Capital: Tech and Silicon Valley Turn to Mystics for Advice
2015-07-30T12:47:23.500650-04:00https://www.thetrustedinsight.com/investment-news/psychic-capital-tech-and-silicon-valley-turn-to-mystics-for-advice-20150730397/
Ten thousand miles from Silicon Valley, in a room near the Black Sea, Yegor Karpenchekov dreams of money. At night, while the rest of Odessa sleeps and cocaine smugglers drift in and out of the port ...
Fortelus Capital, A London Hedge Fund, Lost $1.2 Million in a Friday Afternoon Phone Scam
2015-07-07T11:20:56.275393-04:00https://www.thetrustedinsight.com/investment-news/fortelus-capital-a-london-hedge-fund-lost-12-million-in-a-friday-afternoon-phone-scam-20150707935/
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday.
The caller said he was from Coutts, the London-based hedge fund’s bank, and warned there may have been fraudulent activity on the account. Fortelus Chief Financial Officer Thomas Meston was reluctant, but agreed to use the bank’s smart card security system to generate codes for the caller to cancel 15 suspicious payments. He hung up just after 6 p.m., according to court filing.
India to Open $1B Credit Line to Finance Infrastructure in Mongolia
2015-05-20T20:36:25.314956-04:00https://www.thetrustedinsight.com/investment-news/india-to-open-1b-credit-line-to-finance-infrastructure-in-mongolia-20150520154/
Mongolia is seeking investment in infrastructure for the transport of its minerals as well as in generating energy. Money has been tight for the Mongolian government since the coal market in China we...
Digitally Storing Family Wealth
2015-03-10T13:43:06.523199-04:00https://www.thetrustedinsight.com/investment-news/digitally-storing-family-wealth-20150310407/
"Some wealth managers are spending millions of dollars per year to beef up so-called 'digital vaults' that securely store their client’s confidential information, like tax returns and wills...As reassuring as that sounds, it still might not be a good enough system."
Israeli Cyber-Security Startup CyActive Received VC Funding From Siemens‘
2014-09-18T16:30:34.854207-04:00https://www.thetrustedinsight.com/investment-news/israeli-cyber-security-startup-cyactive-received-vc-funding-from-siemens-20140918143/
“CyActive’s technology is extremely sophisticated yet lightweight, an imperative for many of our customers,” explains Ralf Schnell, CEO of the Venture Capital Unit of Siemens. “We see broad potential...
Hedge Funds Pay Special Attention To Cyber Security
2014-09-03T16:10:39.891265-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-pay-special-attention-to-cyber-security-20140903892/
Hedge funds are paying more attention to cyber security as a result of recent guidance from the Securities and Exchange Commission....
Financial Advisor Forecast: Stormy With Scattered Data Breaches
2014-06-26T12:45:51.264522-04:00https://www.thetrustedinsight.com/investment-news/8090-financial-advisor-forecast-stormy-with-scattered-data-breaches-20140626090/
In the wake of recent major cyber security breaches at retailers and banks, the SEC held a cyber security roundtable meeting in March to discuss the current data breach climate and how financial advi...
Cyber Security Threatens Hedge Funds
2014-06-25T11:14:10.273893-04:00https://www.thetrustedinsight.com/investment-news/cyber-security-threatens-hedge-funds-20140625034/
“Just last week it was reported that a large hedge fund was targeted by cybercriminals who crippled the fund’s trading strategy and sent proprietary information to off-site computers. T...
<p>Europe’s first cyber security-focused venture fund to launch</p>
2014-06-19T15:18:09.028103-04:00https://www.thetrustedinsight.com/investment-news/7971-peuropersquos-first-cyber-security-focused-venture-fund-to-launchp-20140619971/
<p>C5 Capital is launching Europe’s first ever cyber security-focused fund, as concerns about US security companies after the Edward Snowden leaks have pushed some European groups to consider sourcing security products closer to home.</p>
Cybersecurity VC David Cowan on Hackers, Valuations, and What's Hot
2014-05-29T10:41:36.761594-04:00https://www.thetrustedinsight.com/investment-news/7624-cybersecurity-vc-david-cowan-on-hackers-valuations-and-whats-hot-20140529624/
Could it be that cyber security market – spending for which is expected to hit $77 billion this year – is peaking right now? Longtime cybersecurity investor David Cowan, a general partner at Bessemer’s Palo Alto, Ca., insists that’s far from the case.
Benchmark Backs Bitcoin Secure Storage Provider Xapo
2014-03-20T11:17:12.074879-04:00https://www.thetrustedinsight.com/investment-news/6419-benchmark-backs-bitcoin-secure-storage-provider-xapo-20140320419/
Xapo is Benchmark’s first public investment in a Bitcoin company. Cohler, a former Facebook Inc. executive, said he personally owns Bitcoins and stores them with Xapo.
Siemens' Industry of the Future Fund Will Invest $100 Million in Early-State Startups
2014-02-19T12:18:26.775271-05:00https://www.thetrustedinsight.com/investment-news/siemens-industry-of-the-future-fund-will-invest-100-million-in-early-state-startups-20140219820/
The fund is designed to complement Siemens' existing later-stage funds. To-date, it has invested in Montreal-based 3D visualization startup Lagoa and Boston-based CounterTack, which develops cyber security software.
A Cyber Security Ecosystem Grows in Be'er Sheva
2014-02-19T11:35:22.444382-05:00https://www.thetrustedinsight.com/investment-news/5813-a-cyber-security-ecosystem-grows-in-beer-sheva-20140219813/
What do IBM, EMC, Ben-Gurion University, the Israeli Army, Cisco, and Jerusalem Venture Partners have in common? A plot of sand in Be'er Sheva, Israel....
Cisco to invest "Dozens of Millions" in Jerusalem Venture Fund for Cyber Security
2014-02-05T14:26:38.565257-05:00https://www.thetrustedinsight.com/investment-news/5505-cisco-to-invest-dozens-of-millions-in-jerusalem-venture-fund-for-cyber-security-20140205505/
Selon des informations exclusives IsraelValley, le groupe américain Cisco, déjà présent en Israël depuis quelques années, va certainement investir des dizaines de millions de dollars dans le fonds de capital risque JVP. Le secteur d’investissement retenu : la cyber sécurité.
Top 6 trends for oil and gas industry in 2014
2014-01-03T10:42:43.174207-05:00https://www.thetrustedinsight.com/investment-news/4562-top-6-trends-for-oil-and-gas-industry-in-2014-20140103562/
Today's oil and gas industry executives - including control room operators monitoring use data, chief information security officers analyzing the potential cyber security risks of a new IT system, an...
Missouri is 17th most underfunded state for venture capital
2013-12-13T19:40:23.888555-05:00https://www.thetrustedinsight.com/investment-news/3772-missouri-is-17th-most-underfunded-state-for-venture-capital-20131213772/
Missouri, according to a recent report on Forbes, is in the lower echelon for venture...Missouri, according to a recent report on Forbes, is in the lower echelon for venture......
CounterTack Raises $12 Million as VC Funding for Cybersecurity Surges
2013-10-17T12:12:36.250928-04:00https://www.thetrustedinsight.com/investment-news/2080-countertack-raises-12-million-as-vc-funding-for-cybersecurity-surges-20131017080/
Venture funds are channeling increasing amounts of money into cybersecurity startups. The latest beneficiary is cybersecurity firm CounterTack Inc...
Why Chicago's GTCR sold security and defense business Six3 Systems
2013-10-10T12:21:02.504684-04:00https://www.thetrustedinsight.com/investment-news/1975-why-chicagos-gtcr-sold-security-and-defense-business-six3-systems-20131010975/
Chicago private-equity firm GTCR LLC said in a statement that it sold the national security and defense intelligence services company Six3 Systems Inc. to CACI International Inc. for $820 million...
FireEye's debut signals red hot interest in cybersecurity
2013-09-26T11:49:57.715986-04:00https://www.thetrustedinsight.com/investment-news/1781-fireeyes-debut-signals-red-hot-interest-in-cybersecurity-20130926781/
Shares of security company FireEye soared in the company's IPO debut Friday, making the company's founder instantly wealthy after years of working on the company. The security com...
TA announces majority investment in software security firm Arxan
2013-09-19T11:44:20.426470-04:00https://www.thetrustedinsight.com/investment-news/1698-ta-announces-majority-investment-in-software-security-firm-arxan-20130919698/
TA Associates principal Elizabeth de Saint-Aignan and TA Associates managing director Kenneth T. Schiciano will join Arxan's board of directors...
The Coming Wave of Security Startups
2013-08-29T11:59:21.260558-04:00https://www.thetrustedinsight.com/investment-news/1472-the-coming-wave-of-security-startups-20130829472/
The threat from cyber-intrusions seems to have exploded in just the last 18 months. Mainstream media now report regularly on massive, targeted data breaches...
Private Equity Firm Welsh Carson Acquires Majority Stake in Alert Logic
2013-08-22T12:45:10.266618-04:00https://www.thetrustedinsight.com/investment-news/1385-private-equity-firm-welsh-carson-acquires-majority-stake-in-alert-logic-20130822385/
Private Equity Firm Welsh Carson Acquires Majority Stake in Alert Logic. Cloud security provider Alert Logic announced on Tuesday that private equity firm Welsh Carson has acquired a majority stake in...
Cyvera Raises $11M From Battery Ventures to Combat Zero-Day Cyber Attacks
2013-08-15T11:50:55.256719-04:00https://www.thetrustedinsight.com/investment-news/1269-cyvera-raises-11m-from-battery-ventures-to-combat-zero-day-cyber-attacks-20130815269/
The threat of zero-day attacks is one of the most significant elements in the threat landscape to organizations today. The potential for damage is vast, it incorporates some of the most difficult ch...
Endgame raises Massive Round from Paladdin-Adds Kenneth Minihan, | The Economist
2013-08-11T15:04:25.233821-04:00https://www.thetrustedinsight.com/investment-news/1182-endgame-raises-massive-round-from-paladdin-adds-kenneth-minihan-the-economist-20130811182/
Endgame has developed a system called “Bonesaw” that detects software vulnerabilities in both on your own devices and spon them on someone else's.
Allegis Capital adds 4 partners to focus on cyber security
2013-08-08T11:38:24.034616-04:00https://www.thetrustedinsight.com/investment-news/1174-allegis-capital-adds-4-partners-to-focus-on-cyber-security-20130808174/
Allegis Capital has added four partners, the Palo Alto VC firm said.Allegis Capital has added four partners, the Palo Alto VC firm said...
Cybersecurity Is Low Priority for VC Investors
2013-08-01T11:36:58.296697-04:00https://www.thetrustedinsight.com/investment-news/1072-cybersecurity-is-low-priority-for-vc-investors-20130801072/
Given the growing importance of cybersecurity on the national agenda, one might expect to find an increase in the number of security companies raising money from venture capital funds. An analysis of ...
Cylance working to prevent hackers from exploiting security gaps in the network
2013-07-25T10:45:27.409230-04:00https://www.thetrustedinsight.com/investment-news/963-cylance-working-to-prevent-hackers-from-exploiting-security-gaps-in-the-network-20130725963/
Two hackers from Irvine gained access in April to the air conditioning and water systems of a Google Inc. office in Sydney, Australia.