Proofpoint
Security giant Proofpoint is laying off 280 employees, about 6% of its workforce
Proofpoint is laying off about 6% of its global workforce, or 280 employees, the company confirmed to TechCrunch. “This decision was not taken lightly, and it is deeply rooted in…
Crime group hijacks hundreds of US news websites to push malware
A cybercriminal group has compromised a media content provider to deploy malware on the websites of hundreds of news outlets in the U.S., according to cybersecurity company Proofpoint. The threat…
Behavioral cybersecurity platform CybSafe raises $28M Series B led by Evolution Equity Partners
Last year, U.K. cybersecurity startup CybSafe, a “behavioral security” platform, raised a $7.9 million Series A. This SaaS product with a per-user-based, subscription licensing model has a “behavior-led” platform that…
China-backed hackers are exploiting unpatched Microsoft zero-day
China-backed hackers are exploiting an unpatched Microsoft Office zero-day vulnerability, known as “Follina”, to execute malicious code remotely on Windows systems. The high-severity vulnerability — tracked as CVE-2022-30190 — is being…
Cybersecurity giants NortonLifeLock and Avast merge in $8.1B deal
U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse. The agreement, which comes just weeks after both companies confirmed…
Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform…
Sophos acquires Braintrace to supercharge its threat detection capabilities
Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed. Braintrace, which was…
Barracuda Networks has purchased Skout Cybersecurity, a New York-based channel-only provider of extended detection and response (XDR) services. The deal, the terms of which were not disclosed, will see the California-based…
Zero trust unicorn Illumio closes $225M Series F led by Thoma Bravo
Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation. The round was led by Thoma Bravo, which recently bought…
Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash
More M&A activity is underway in the red-hot field of cybersecurity. In the latest development, private equity giant Thoma Bravo is buying Proofpoint, the SaaS security vendor, for $12.3 billion…
YL Ventures sells its stake in cybersecurity unicorn Axonius for $270M
YL Ventures, the Israel-focused cybersecurity seed fund, today announced that it has sold its stake in cybersecurity asset management startup Axonius, which only a week ago announced a $100 million…
Adaptive Shield, a Tel Aviv-based security startup, is coming out of stealth today and announcing its $4 million seed round led by Vertex Ventures Israel. The company’s platform helps businesses…
European investor NordicEye wins big with Proofpoint’s $60 million offer for Weblife
Cybersecurity company Proofpoint is buying the Los Angeles-based security company Weblife.io in a $60 million all-cash deal. Backed by a slew of investors led by the new venture firm NordicEye, an investment…
Proofpoint acquires Cloudmark for $110M in cybersecurity consolidation play
As malicious groups continue to become more sophisticated in their hacking techniques, cybersecurity efforts are attempting to expand in their reach, and that is leading to some consolidation in the…
The first cybersecurity unicorn kernel popped in late 2013 with the announcement of CloudFlare’s $50 million Series C investment. Today, 10 privately held companies hold membership in the ultra-exclusive cybersecurity…
Private Stock Transactions Up 73 Percent This Year On SecondMarket
Despite a couple big-name companies like Groupon and Zynga lining up for IPOs, the demand for private company stock on alternative exchanges keeps rising. Private stock transactions on SecondMarket in…
