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Funding Files: Cybersecurity, AI, and Cloud Funding Deals You Should Know About

Here are 10 key funding deals and acquisitions that represent the future of online security and data protection.
 
Funding Files: Cybersecurity, AI, and Cloud Funding Deals You Should Know About

The tech world had a significant funding activity going on in the cybersecurity, AI, and cloud sectors in November. With investments flooding into emerging startups and other notable acquisitions, the industry is preparing for more advanced solutions to address modern cyber threats. Here are 10 key funding deals and acquisitions that represent the future of online security and data protection.

Physical Intelligence Raises $400 Million

Physical Intelligence is a robot software startup, raising $400 million early-stage funding. The key investors who supported the fundraising round include Jeff Bezos and OpenAI. With this fund, the software is to be developed on any robot to enhance the automation of industries.

Halcyon Raises $100 Million for Ransomware Protection

Halcyon, an anti-ransomware solutions leader, closed a $100 million Series C funding round. This investment will help strengthen its platform's capabilities to protect organizations from the growing threat of ransomware.

CrowdStrike Acquires Adaptive Shield for SaaS Security

CrowdStrike has acquired Adaptive Shield to enhance its SaaS security offerings. With this acquisition, CrowdStrike will provide a unified platform to protect against identity-based attacks across cloud environments.

Bugcrowd Secures $50 Million for Crowdsourced Cybersecurity

Bugcrowd, a leader in crowdsourced cybersecurity solutions, raised $50 million to scale its AI-powered platform globally. This funding will help the company expand its reach and improve its security offerings.

MIND Emerges from Stealth with $11 Million Funding

MIND is a data loss prevention startup which has raised seed funding amounting to $11 million. The company will create a breakthrough platform to assist organizations in the protection of their sensitive data from cyber threats.

Noma Security Raises $32 Million for Data & AI Lifecycle Security

Noma Security, an application security platform protecting the entire data and AI lifecycle, has closed its Series A funding round to the tune of $32 million.

ScaleOps Secures $58 Million for Cloud Resource Management

ScaleOps, the automated cloud resource management leader, has secured $58 million in Series B funding. This investment will be utilized to expand the real-time cloud management solutions into various industries.

Veracity Trust Network Secures CyberCall Grant

Veracity Trust Network was awarded Singapore's CyberCall grant, and the money will be used to build advanced malicious bot detection technology that will enhance the cybersecurity ecosystem of the country.

Kong Inc. Raised $175 Million for Cloud API Technologies

Kong Inc. closed $175 million in series D funding to further advance its cloud API technologies. This round of funding will help solidify Kong's place in the cloud security market and support the growth of its multi-cloud offerings.

Spectro Cloud Closes $75 Million for Kubernetes Management

Spectro Cloud has bagged $75 million in Series C funding to further advance its multi-cluster Kubernetes management platform. The funds are said to scale the company's operations in on-premises and cloud environments.

These funding rounds and acquisitions demonstrate the pressing role of cybersecurity, AI, and cloud technologies in the combat against modern cyber threats. With ever more businesses investing in cybersecurity, online security and data protection innovation will go on an accelerated trajectory.

Also read: 10 Most Important Reasons for Cyber Insurance to Ensure Defence Against Online Threats
 

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