With Undisclosed Siemens Funding, CyberFlow Closes $4M Seed Round
San Diego network security startup CyberFlow Analytics said it has closed out its seed funding round after raising a total of $4 million from Toshiba America Electronic Components, angel investors, and Siemens Venture Capital, which did not disclose the size of its investment.
SkySafe lands $3 million led by Andreessen to disable badly behaving drones
SkySafe, a six-month-old, San Diego, Ca.-based company whose technology can disable drones that are flying where they shouldn’t, has raised $3 million in seed funding. Andreessen Horowitz led the round, with participation from Founder Collective, SV Angel, and BoxGroup.
PacketSled picks up $5 mln Series A
San Diego and Seattle-based PacketSled, a provider of continuous security monitoring solutions, has raised $5 million in Series A funding. Keshif Ventures led the round with participation from Blu Ventures and JHS Ventures.
John Hancock fund backs Perth virtual networker iWebGate
A New York-based funds manager advised by John Hancock, Gina Rinehart’s son, has made a second Australian technology investment, and hopes a damages claim against ANZ Trustees will help it back more.
AttackIQ raises $7.8 million in funding
AttackIQ, a San Diego cybersecurity start-up with roots in Websense, has raised $7.8 million in funding.
The 12-employee company, which started in the EvoNexus technology incubator, confirmed the fund raising but declined to name investors at this time. The deal was reported in a filing last week with the U.S. Securities and Exchange Commission.
5 San Diego firms fighting for cybersecurity
There are 104 core cyberfirms employing 4,230 workers currently in the region, according to the San Diego Regional Economic Development Corp. Private sector cybersecurity job growth topped 19 percent last year. Here’s a look at five of these San Diego County companies — what they do and what they consider the biggest threat in the cybersecurity world.
ObjectSecurity OpenPMF Secures Eclipse OM2M IoT
ObjectSecurity, an information security leader and the company driving model-driven security policy automation globally, today announced that they have further positioned their OpenPMF model-driven security policy automation product for the Internet of Things (IoT). OpenPMF (openpmf.com) can now enforce access policies across IoT device landscapes interconnected via Eclipse OM2M. It allows the model-driven authoring and management of rich access control policies (information flow based, attribute based, proximity-based etc.).
Dr. Larry Ponemon, Chairman and Founder of The Ponemon Institute joins CyberTECH member Independent Security Evaluator’s (ISE) IMMUNE-SECURE advisory board.
Independent Security Evaluators (ISE), the elite organization of security consultants widely known for their pioneering security research in several key technology verticals, today announced the addition of Dr. Larry Ponemon, chairman and founder of The Ponemon Institute, to the advisory board of IMMUNE-SECURE, a groundbreaking research study aimed at better protecting patient health as the healthcare industry evolves to the digital era.
Behavioral Analysis Could Have Prevented The Anthem Breach
Intelligent continuous monitoring and behavioral analysis technology would have been able to detect the Anthem attack very early. If the system the attackers used to access the database had never accessed the database previously, technologies from DB Networks would have immediately issued an alert for abnormal behavior. On the other hand, if the compromised system were previously known to the database, then behavioral analysis could be easily employed to identify abnormal activities and volumes of database queries. These abnormal activities are indicative that an attack is occurring. DB Networks DBN-6300, Vectra Networks X-series Platform, Aorato (recently acquired by Microsoft) and McAfee’s Network Threat Behavior Analysis are examples of products in market today that utilize machine learning and behavioral analysis to identify abnormal activity.
CyberTECH Member ObjectSecurity Core Model-Driven Security Patent Application Allowed By USPTO
ObjectSecurity, an information security leader and the company driving model-driven security policy automation globally, announced that a second of their core patent applications has been allowed by the USPTO. This is one of a series of ObjectSecurity’s patent applications that cover OpenPMF’s core inventions. Please contact ObjectSecurity if you are interested in licensing the intellectual property.
CyberTECH Member DB Networks closes $17 Million Funding Round Led By Grotech Ventures with Participation from Khosla Ventures, and Citi Ventures
DB Networks, an innovator of cyber Relevant Products/Services security Relevant Products/Services for core networks, announced $17 million in new financing led by Grotech Ventures of Vienna, Virginia. The round also included funding from investors Khosla Ventures and Citi Ventures. DB Networks also announced that Joe Zell, general partner at Grotech Ventures, has joined its Board of Directors.
CyberTECH Member iWebGate Prepares to go Public
Perth start-up iWebGate has completed the process of listing on the ASX through a reverse takeover. The ICT company has been acquired by ASX listed My ATM Holdings Limited (ASX: MYA), and has changed its name to iWebGate Limited.
CyberTECH Member CyberFlow Analytics receives the Most Innovative New Product (MIP) Award
On Thursday, December 4, CyberFlow Analytics received the Most Innovative New Product (MIP) Award in the Aerospace and Security Technologies at the 2014 CONNECT MIP awards. In its 27th year, the annual awards program continues its tradition of honoring San Diego’s leaders of innovation and groundbreaking new products launched in the last year.
The annual MIP Awards is CONNECT’s largest and most prestigious event, attracting more than 700 of the region’s top business leaders, researchers and capital providers. More than 100 San Diego-based companies competed in the rigorous, four-month judging process, with a total of only eight winners awarded in categories including: Aerospace and Security Technologies, Communications and IT, Diagnostics and Research Tools, Pharmaceutical Drugs and Medical Devices, Mobile Apps, Software, Sport & Active Lifestyle Technologies and Sustainability.
FERC Approves Merger of Exelon and PHI Holdings Inc.
CHICAGO and WASHINGTON, D.C. (Nov. 21, 2014) – The Federal Energy Regulatory Commission (FERC) yesterday approved the proposed merger of Exelon Corporation (NYSE: EXC) and Pepco Holdings Inc. (NYSE: POM). The companies announced their proposed merger on April 30.
The combination of the companies will bring together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ (PHI’s) three electric and gas utilities – Atlantic City Electric, Delmarva Power and Pepco – to create the leading mid-Atlantic electric and gas utility.
“We are pleased that FERC has approved our merger with PHI,” said Chris Crane, Exelon president and CEO. “FERC’s approval is another step forward toward completing this transaction.”