Identity and access giant Okta said a hacker broke into its customer support ticket system and stole sensitive files that can be used to break into the networks of Okta’s customers. Okta chief security officer David Bradbury said in a blog post Friday that a hacker used a stolen credential to access the company’s support…
Veza, a platform that helps to secure identity access across apps, data systems and cloud infrastructure, today announced that it raised $15 million in a funding round led by Capital One Ventures and ServiceNow — valuing the company at $415 million. Bringing Veza’s total raised to $125 million, co-founder and CEO Tarun Thakur says that…
Proving that there’s still plenty of venture money in cybersecurity, cloud identity security platform Britive today announced that it raised $20.5 million in a Series B funding round. Led by Pelion Venture Partners with participation from Liberty Global Ventures, Crosslink Capital and One Way Ventures, the new brings Britive’s total raised to $36 million. CEO…
Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard. Take Descope, for example, which today announced that it raised a whopping $53 million in seed funding for its “developer-first” authentication and user management platform. The money came from Lightspeed Venture Partners…
Showing that there’s real investor enthusiasm for identity management platforms, Saviynt, which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205 million in debt from AB Private Credit Investors’ Tech Capital Solutions group. Founder Sachin Nayyar, who returned to Saviynt as CEO this week alongside newly…
Rezonate, a Boston- and Tel Aviv-based startup that offers an agent-less cloud identity protection platform that aims to help DevOps teams minimize attackers’ opportunities to breach cloud identity and access, is coming out of stealth today and announcing an $8.7 million seed funding round, led by State of Mind Ventures and Flybridge, with participation from…
As Apple is rolling out its iOS 16 update today, one of the key security-facing features that will be available to users is Passkey. This feature will allow users to use their Apple devices to log in to websites and services without any passwords. What is Passkey? Passkey is the company’s implementation of an industry…
Streaming media platform Plex has confirmed a data breach and is warning users to change their passwords. Plex said it discovered the compromise on Tuesday and found the intruder had accessed “a limited subset of data that includes emails, usernames, and encrypted passwords.” Plex vice-president of engineering Schuyler Ullman told TechCrunch that user account passwords…
Among the many damning allegations in the newly released Twitter whistleblower complaint, is the disquieting revelation that Twitter was unable to seal its production environment to guard against any potential insider threats amid the January 6 attack on the U.S. Capitol. Twitter’s former head of security Peiter “Mudge” Zatko has accused Twitter of serious cybersecurity…
Ping Identity was in the news last week with a huge deal to sell itself to private equity investors after several years as a public company. Ping CEO Andre Durand launched his identity company way back in 2002, raising around $128 million in venture funding along the way. In a 2015 interview with TechCrunch, Durand…