Ten Eleven Ventures

The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate

Despite a slowdown in financing and an apparent over-investment in certain cybersecurity subsectors, investors don’t expect doom and gloom for the cybersecurity market going forward.

HiddenLayer emerges from stealth to protect AI models from attacks

As AI-powered services like OpenAI’s GPT-3 grow in popularity, they become an increasingly attractive attack vector. Even shielded behind an API, hackers can attempt to reverse-engineer the mode

Data governance startup Immuta lands $100M to pursue acquisitions

Immuta, a provider of data privacy and access controls services, today announced that it closed a $100 million Series E round at a $1 billion valuation, bringing the company’s total funding to $

Cybersecurity startup Ordr nabs $40M to monitor connected devices for anomalies

In 2015, there were approximately 3.5 billion Internet of Things (IoT) devices in use. Today, the number stands around 35 billion, and is expected to eclipse 75 billion by 2025. IoT devices range from

Blumira raises $10.3M Series A to bring cloud-based SIEM to mid-market companies

Blumira today announced it raised a $10.3 million Series A financing round. The Ann Arbor-based cybersecurity company says the capital will be used to expand its product offering, double its headcount

Redacted comes out of stealth with $60M in funding and a new take on fighting cybercrime

The cybersecurity industry has no shortage of technology to fight against network intruders, app corrupters, email hackers and other cyber criminals. Today a startup called Redacted is coming out of s

Vulcan Cyber raises $21M Series B for its vulnerability remediation platform

Tel Aviv-based Vulcan Cyber, a cybersecurity startup that helps businesses prioritize and fix security vulnerabilities, today announced that it has raised a $21 million Series B funding round led by D

Cyware nabs $30M to help organizations detect and stop advanced cyberattacks

Malicious hacking has become a pernicious and dogged fact of life for more organizations, and it’s a threat that has seemingly grown more complicated and sophisticated over time. One effective a

Decrypted: Tesla’s ransomware near miss, Palantir’s S-1 risk factors

Another busy week in cybersecurity. In case you missed it: A widely used messaging app used by over a million protesters has several major security flaws; a little-known loophole has let the DMV sell