Content by Michael Novinson

Sixgen's Kyrus Acquisition Boosts National Cybersecurity

Michael Novinson  •  December 3, 2024

Sixgen will enhance its cybersecurity operations through the purchase of Washington D.C.-area Kyrus. The move introduces reverse engineering and analytics expertise to Sixgen's portfolio, aligning with its mission to protect critical infrastructure and bolster American cyber defense capabilities.

CyberEdBoard Profiles in Leadership: Michael Woodson

Michael Novinson  •  December 3, 2024

As former director of information security and privacy at Sonesta Hotels, Michael Woodson championed a proactive approach to cybersecurity. His leadership philosophy underscores the importance of cultural transformation and continuous learning in building robust security programs.

Upwind Raises $100M to Thwart Cloud Security Vulnerabilities

Michael Novinson  •  December 2, 2024

With $100 million in Series A funding, Upwind plans to enhance its runtime and AI-powered cloud security platform. CEO Amiram Shachar outlines the company's investments in engineering, customer engagement and scaling solutions to address vulnerabilities such as misconfigurations and insecure APIs.

Sonatype, Snyk, Black Duck Top Comp Analysis Forrester Wave

Michael Novinson  •  November 29, 2024

Sonatype, Snyk and Black Duck remained atop Forrester's software composition analysis rankings as commoditization of core features has led to increased competition. Pressure in the market has increased due to both a saturation of core functionalities and license identification.

New Sysdig CEO: Focus on Falco, AI and Fast Threat Response

Michael Novinson  •  November 26, 2024

New CEO Bill Welch discusses Sysdig's cloud security strategy, emphasizing AI, open-source leadership with Falco, and expansion plans to serve SMBs and midmarket businesses. He shares goals for real-time response and building a sustainable, profitable company.

Anti-Ransomware Firm Halcyon Gets $100M, Earns $1B Valuation

Michael Novinson  •  November 26, 2024

Halcyon has raised $100 million in Series C funding, reaching a $1 billion valuation. The company plans to enhance its cutting-edge ransomware solutions by taking on data exfiltration, deepen ties with Dell and Cisco, and expand its market presence into Japan with a partner-driven approach.

Crosspoint to Invest $5M in Each Innovation Sandbox Finalist

Michael Novinson  •  November 25, 2024

Finalists selected for RSA Conference’s Innovation Sandbox competition will now each receive a $5 million investment from Crosspoint Capital. Managing Partner Hugh Thompson said this initiative ensures top cybersecurity startups are equipped to handle increased demand and scale effectively.

Haveli Purchases AppViewX to Strengthen Identity Automation

Michael Novinson  •  November 22, 2024

Private equity firm Haveli has purchased a majority stake in AppViewX to scale globally, targeting automation in certificate lifecycle management and public key infrastructure. CEO Gregory Webb says the acquisition will fund international expansion and next-gen technology investments.

How N-Able, Adlumin Deal Accelerates IT-Security Convergence

Michael Novinson  •  November 22, 2024

N-able has acquired Adlumin to unify IT operations and security operations on a single platform. CEOs John Pagliuca and Robert Johnston said the deal aims to simplify complex IT environments, improve profitability for MSPs, and deliver innovative solutions to mid-enterprise and SMB markets globally.

Wiz Fortifies Application Security With $450M Dazz Purchase

Michael Novinson  •  November 21, 2024

Wiz acquired application security posture management startup Dazz for $450 million to provide enterprises with a unified code-to-cloud solution. CEO Merav Bahat highlights how this partnership will streamline vulnerability management and strengthen remediation capabilities for global organizations.

N-able Strengthens Cybersecurity via $266M Adlumin Purchase

Michael Novinson  •  November 20, 2024

With Adlumin’s cloud-native XDR and MDR services, N-able consolidates its position as a leader in IT management. Buying the Washington D.C.-based security operations vendor for up to $266 million drives value through AI-powered threat detection and compliance solutions tailored for MSPs.

Nightwing CEO on Post-Raytheon Independence, Cyber Expertise

Michael Novinson  •  November 20, 2024

Nightwing CEO John DeSimone reveals how the company’s independence from Raytheon allows it to better serve customers, invest in intelligence, advanced AI and data solutions, address sophisticated cyberthreats, and maintain a no-fail mission approach in the face of rising security threats.

Data Protection Startup Cyera Raises $300M on $3B Valuation

Michael Novinson  •  November 20, 2024

Cyera secures $300M in funding from Accel and Sapphire Ventures, doubling its valuation to $3 billion. The company is enhancing its data security platform by integrating DSPM with DLP and identity security capabilities, addressing enterprise demand for comprehensive solutions.

Entrust, Jumio, Sumsub Lead Identity Verification Gartner MQ

Michael Novinson  •  November 18, 2024

Gartner has recognized Entrust, Incode, Jumio, Socure and Sumsub as identity verification leaders amid a rise in regulatory demands and fraud prevention requirements. Identity verification was historically used for regulated onboarding in industries like banking, gambling and cryptocurrency.

Cyberstarts Program Sparks Debate Over Ethical Boundaries

Michael Novinson  •  November 15, 2024

Allegations of conflicts of interest in Cyberstarts’ Sunrise program have sparked debate in the CISO community. While the program connected CISOs with startups for advisory purposes, its profit-sharing incentives drew criticism, leading some participants to resign and the firm to halt compensation.