The Cyber Startup Foundry

Where the world's best come
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FORGING COMMERCIAL COMPANIES FROM

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Acquired DataTribe Portfolio Company

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May 20, 2021

Acquired DataTribe Portfolio Company

June 7, 2021

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The World of Cyber

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Synopsys

Synopsys Acquires Code Dx to Extend Application Security Portfolio

Synopsys, Inc. (NASDAQ: SNPS) today announced that it has acquired Code Dx, a provider of an award-winning application security risk management solution that automates and accelerates the discovery, prioritization, and remediation of software vulnerabilities. The addition of Code Dx enables Synopsys to offer customers consolidated risk reporting and prioritization across correlated software vulnerability data produced by Synopsys solutions and more than 75 third-party and open source application security and development products.
Microsoft

Microsoft acquires ReFirm Labs to enhance IoT security

We are excited to announce that ReFirm Labs is joining Microsoft to enrich our firmware analysis and security capabilities across devices that form the intelligent edge, from servers to IoT. The addition of ReFirm Labs to Microsoft will bring both world-class expertise in firmware security and the Centrifuge firmware platform to enhance our ability to analyze and help protect firmware backed by the power and speed of our cloud.
Wall Street Journal VC Daily

WSJ VC Daily: Cyber Deals to Rise, DataTribe Says

Good day. Despite the venture-capital sector having its best quarter on record, the cybersecurity sector looked to be a laggard, at least on paper. In a new report, cybersecurity-focused venture firm DataTribe noted a drop in both deal count and size, while valuations rose. Median deal size of Series A funding rounds into cybersecurity startups fell roughly 17% to $10 million in the first quarter of this year compared with last year, according to U.S. data from provider PitchBook Data Inc. prepared for DataTribe. The number of cyber deals fell roughly 21% to 33 in the first quarter of 2021 compared to the same period of 2020. However, DataTribe said the number of startups approaching it for investment was up 80% compared with the same period a year earlier. “We believe it’s a sign that deal volumes in the coming quarter will increase since the number of companies seeking investment is a forward-looking indicator of early stage cyber investments,” DataTribe wrote in the report. The firm offered reasons for its outlook in the cyber sector going forward: High-profile cyberattacks have ramped up cybersecurity urgency; the Biden administration has made several recent appointments of cybersecurity experts to key posts. In addition, China’s rise as a potential cybersecurity threat is only ratcheting up the need for digital security.

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