I have some fantastic news to share. Today we’re announcing a new investment round in 1Password. Our current investor Accel led this round and a number of incredible folks including Ashton Kutcher’s Sound Ventures and top executives from Shopify, Slack, Squarespace, Google, Eventbrite, MessageBird and Atlassian also came on board.
Multi-factor authentication (MFA) is an increasingly popular method for securing user accounts that requires users to provide two or more pieces of identifying information when logging into an application. This information can consist of unique verification links or codes sent to the user’s phone or email address, as well as time-based one-time passwords (TOTPs) generated by authenticator applications or hardware.
Today, we announced that Sysdig is acquiring Apolicy to enable our customers to secure their infrastructure as code. I could not be more excited because the innovation that Apolicy brings to bear is unique and highly differentiated, allowing customers to strengthen their Kubernetes and cloud security and compliance by leveraging policy as code and automated remediation workflows that close the gap from source to production.
Netskope recently announced that we have closed a new round of financing of 300 million dollars, which was led by ICONIQ Capital and a group of existing investors, including Base Partners, a technology-focused expansion capital investment firm based in São Paulo, Brazil. Following this over-subscribed round of funding, Netskope achieves a post-payment valuation of $ 7.5 billion.
The Ignyte Assurance Platform team has been awarded $100,000 from the Ohio Third Frontier Technology Validation and Startup Fund (TVSF) to develop and commercialize their cybersecurity and compliance automation software. “We are thrilled to have received this grant and to continue to drive towards our goal of fundamentally improving the way the defense industrial base complies with regulatory obligations like CMMC and FedRAMP,” said Max Aulakh, CEO of Ignyte.
Today, we’re excited to announce that ManageEngine has been recognized in 2021 Gartner Magic Quadrant for security information and event management (SIEM) for the fifth consecutive time. We are thrilled to be awarded this recognition yet again for our contribution to the world of cybersecurity. “Most enterprises were not prepared for the widespread changes in work environments following the COVID-19 pandemic.
Governance, risk, and compliance (GRC) are major inhibitors for organizations moving to the cloud—and for good reason. Cloud environments are complex, and even a single misconfigured security group can result in a serious data breach. In fact, misconfigurations were the leading cause of cloud security breaches in 2020. This puts a lot of pressure on developer and operations teams to properly secure their services and maintain regulatory compliance.
