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Category: Enterprise

Threat Stack Announces Acquisition of Runtime Application Security Vendor, Bluefyre

Addition of Runtime Application Security Gives Threat Stack Customers Full Stack Security Observability for Cloud Infrastructure

BOSTON, Mass. — November 8, 2018 — Threat Stack, the leader in cloud infrastructure security, today announced it has acquired application security vendor Bluefyre, to deliver full stack security observability from the control plane to the application layer. With the addition of Bluefyre, Threat Stack will empower developers to build secure, cloud-native applications that can detect and prevent threats at runtime, including applications running on Kubernetes.

Combining Bluefyre’s powerful application security capabilities with Threat Stack’s industry-leading cloud optimized intrusion detectionwill provide customers with complete, full stack security observability including the control plane, host, containers, orchestration, and application layer. By adding the application layer to its existing cloud infrastructure security capabilities, Threat Stack will enable its customers to truly integrate development, security, and operations into a completely unified DevSecOps program.

“We’re thrilled to welcome the Bluefyre team to Threat Stack. Observability of the application layer has been a key part of Threat Stack’s strategic vision, and Bluefyre’s capabilities provide the ideal complement to Threat Stack’s industry-leading cloud-optimized intrusion detection system,” said Brian M. Ahern, CEO, Threat Stack. “They have built an extremely powerful runtime application security product that will drastically increase the ability of Threat Stack customers to reduce risk within cloud infrastructure.”

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RiskRecon Recognized as One of Utah’s Emerging Elite Companies

SALT LAKE CITY, Oct. 31, 2018 /PRNewswire/ — RiskRecon today announced it was named to the 2018 Emerging Elite, MountainWest Capital Network’s (MWCN) annual list of the fastest-growing companies in Utah. RiskRecon was honored at the 24th annual Utah 100 Awards program, held at the Grand America Hotel in Salt Lake City.

MWCN elected RiskRecon among its peers for the Emerging Elite award to showcase the company’s trajectory and for exemplifying the best of Utah’s startups. The Emerging Elite are selected among companies with less than five but more than two years of operation that show significant growth in those years and promise for future success.

“It is an exciting time as RiskRecon is at the forefront of tremendous growth and innovation within the cyber security industry and we are thrilled to be recognized among the leading companies in Utah,” said Kelly White, Co-Founder and CEO of RiskRecon. “This honor is a testament to the critical need to address third-party cyber risk, our groundbreaking technology and the dedicated team responsible for driving success.”

“We congratulate all of this year’s Emerging Elite companies for building outstanding businesses and making strong contributions to Utah’s economy,” said Reed Chase, chairman of the MWCN Utah 100 committee. “These companies further advance Utah’s standing as an excellent place to do business.”

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Innovusion Raises US $30M in Series A Round and Starts Shipping the World’s First Image-Grade LiDAR System for Autonomous Vehicles

SAN FRANCISCO & SHANGHAI–(BUSINESS WIRE)–Innovusion, a leading developer of LiDAR technology for the autonomous vehicle markets, today announced it has raised about US $30 million in Series A funding, co-led by NIO Capital and Eight Roads Ventures in China, and F-Prime Capital in the U.S., in addition to seed round from Gaorong Capital and other strategic investors. On the heels of the funding, the company’s LiDAR system, the Innovusion Cheetah, is now available for ordering by customers worldwide. Innovusion Cheetah is the world’s first image-grade LiDAR system to support level 4+* (fully autonomous under certain operating conditions) autonomous driving solutions.

With the autonomous vehicle market expected to reach US$80 billion by 2035, LiDAR — the sensor technology that allows self-driving cars to efficiently detect and measure the objects on the road around them — is essential for reliable, safe Level 4+ autonomous vehicles. Innovusion Cheetah LiDAR detects objects more than 200 meters away and generates an exceptionally dense point cloud (300 lines), more than double of that of other providers in the space, while maintaining a high frame rate and achieving low-cost in high-volume production. Innovusion is ramping production to meet worldwide demand starting in Q4 2018.

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Notable Health Named an IDC Innovator for Enterprise Wearable Software Solutions in Health Care

SAN MATEO, Calif.–(BUSINESS WIRE)–Notable Health, an artificial intelligence- (AI) powered health care company that automates and digitizes physician-patient interactions, today announced it has been named an IDC Innovator in the report IDC Innovators: Wearable Software Solutions, 2018, which profiled four emerging vendors that have developed software solutions for wearable devices in the enterprise market.

The IDC report highlights Notable Health’s ability to employ a smartwatch to listen to doctor-patient discussions and use AI, machine learning, and natural language processing to parse the conversation down to its relevant pieces and record these in the patient’s file. The company’s technology acts as an “auto-pilot” by leveraging learning usage patterns, and allows physicians to speak directly into their Apple smartwatch, which is interfaced with their electronic health record (EHR), so they can improve data accuracy and minimize interference with patient interaction.

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RiskRecon and Whistic Announce Partnership

SALT LAKE CITY /PRNewswire/ — RiskRecon, the fastest-growing company transforming management of third-party cyber risk, today announced a partnership with Whistic, a leading vendor assessment platform that enables companies to conduct and respond to security reviews on a single platform. The alliance will allow companies to quickly tackle and respond to common risk assessment and review process challenges, increasing third-party visibility to make more informed risk decisions.

Built for companies focused on pro-actively managing security reviews and responding to security questionnaires, Whistic enhances evaluation of third-party vendor networks while improving the process of gathering, sending, receiving, and sharing assessment information across business units. The partnership will enable joint customers of Whistic and RiskRecon to manage the vendor assessment lifecycle end-to-end, obtaining a verifiable assessment of third-party cyber security practices for a 360-degree view of vendor risk.

“Partnering with Whistic provides our joint customers with a one-stop solution for reducing third-party cyber risk,” said Eric Blatte, President and Co-founder of RiskRecon. “Together, we’re able to deliver the kind of dynamic insights that help customers rapidly identify and understand the security posture of their third-party relationships and most importantly, act on that risk.”

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OTA Insight honoured as ‘One to Watch’ in Sunday Times Tech Track 100

LONDON and NEW YORK /PRNewswire/ — OTA Insight, the cloud-based data intelligence platform for the hospitality industry, today announced it was named one of 10 “Ones to Watch” in the 18th annual The Sunday Times Tech Track 100. The Sunday Times Hiscox Tech Track 100 league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over their latest three years. The results are compiled by Fast Track, the Oxford-based research and networking events firm. Results are published in The Sunday Times every September.

“We are thrilled to be recognised by the The Sunday Times Tech Track 100 as ‘One to Watch,'” said Sean Fitzpatrick, CEO of OTA Insight. “This honour validates our exceptional success and innovation, driven by a combination of our team’s hard work and unique abilities, as well as our incredibly creative, collaborative company culture. We have no doubt that OTA Insight is primed to become the global leader in hospitality business intelligence with our continued growth.”

This latest achievement follows OTA Insight being named one of “The 10 Most Valued Business Intelligence Companies” by Analytics Insight, the leading data analytics website and publication. Earlier this year, OTA Insight was also nominated as one of the Best Technology Innovators at the annual HSMAI Europe Awards Ceremony.

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Notable Health Closes $13.5 Million Series A Financing to Expand Artificial Intelligence Powered Physician-Patient Interaction Platform

SAN MATEO, Calif.–Notable Health, an artificial intelligence (AI) powered health care company that automates and digitizes physician-patient interactions, today announced it has closed $13.5 million in a Series A funding round. The financing round includes many of the best-known venture firms investing in innovative companies in digital health. The round was led by F-Prime Capital Partners and Oak HC/FT with participation from existing investors Greylock Partners and Maverick Ventures. F-Prime Capital Partners’ General Partner Carl Byers will join Notable Health’s Board of Directors and Oak HC/FT Managing Partner Annie Lamont will serve as a Board Observer.

Notable Health’s AI technology is addressing a long-standing challenge that physicians encounter when updating electronic health records (EHR) by having them speak directly into their Apple smartwatch rather than a PC or tablet – which can be difficult to work with, interfere with patient interaction, along with information often being captured incorrectly. Physicians using Notable Health are saving 70 minutes and 1000 clicks per day allowing them to schedule additional patient appointments resulting in a 15-20% increase in revenues, on average.

“Notable Health was founded with the mission of enriching every physician-patient interaction by eliminating the drudgery of administrative tasks and improving data quality. Through the use of continually-learning AI, voice recognition, and wearables we’re empowering physicians to be more productive and improve patient outcomes,” said Pranay Kapadia, Co-Founder and CEO. “We are thrilled to partner with some of the industry’s leading digital health investors as we continue to expand our product development and accelerate hiring across the company. We feel by addressing the traditional charting methods physicians currently use in their EHRs, Notable Health is in a unique position to help physicians operate more efficiently, see more patients, and help the industry continue to move to a more outcomes-based model.”

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RiskRecon, Third-Party Cyber Risk Management Provider, Secures $25 Million in Series B Funding, Led by Accel

Investment will accelerate adoption of RiskRecon’s industry-leading SaaS platform that dramatically improves the third-party cyber risk process

RiskRecon, the fastest-growing company transforming management of third-party cyber risk, today announced it has raised $25 million in Series B financing. Led by Accel and joined by existing investors Dell Technologies Capital, General Catalyst, and F-Prime Capital, the global venture capital firm affiliated with Fidelity Investments, the round brings RiskRecon’s total funding to more than $40 million. Existing individual investors Mickey Boodaei, Rakesh Loonkar, and Paul Sagan also participated in the round. In conjunction with the investment, Accel partner Nate Niparko will join the company’s Board of Directors. RiskRecon will use the capital to meet increasing global market demand for third-party cyber risk management solutions.

“Third-party cyber risk is the single largest unchecked attack vector that sophisticated attackers are exploiting in some of the most damaging cyberattacks in recent years,” said Kelly White, RiskRecon’s CEO and Co-founder. “Current approaches to managing third-party cyber risk with annual questionnaires and intermittent, manual processes fall short because they cannot scale as organizations outsource more and more work to third parties as the result of trends such as globalization and cloud adoption. RiskRecon’s proven, automated approach to identifying, understanding, and acting on third-party cyber risk delivers tangible value for all key stakeholders demanding closer oversight of risk within their organizations.”

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Protenus President to Discuss How Analytics Align Privacy and Security Vision to Reality

BOSTON — As the healthcare industry continues to suffer more data breaches than any other industry, privacy and security teams are tasked with managing an ever-increasing number of threats to patient data, often with limited resources and mixed institutional support, according to Robert Lord, president and co-founder of Protenus, a healthcare compliance analytics platform that protects patient privacy at our nation’s leading health systems. Lord, who is a featured speaker at the Healthcare Informatics Health IT Summit in Boston, will be speaking on the topic, as well as on strategies healthcare organizations can use to build trust with the patients they serve by better-protecting health data.

Lord’s presentation on “How Analytics are Aligning Privacy and Security Vision and Reality” will discuss emerging technologies that replace reactive, manual processes and give privacy and security teams the ability to audit every access to health data.

Lord’s presentation on “How Analytics are Aligning Privacy and Security Vision and Reality” will discuss emerging technologies that replace reactive, manual processes and give privacy and security teams the ability to audit every access to health data.

The ineffectiveness of traditional compliance tools, coupled with the limited time and resources available to privacy and security teams, leads to a limited ability to proactively discover inappropriate access to patient data. Often times, this unfortunate reality results in dealing with the aftermath of compliance and HIPAA violations, instead of proactively identifying, mitigating and preventing these incidents.

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Simon Data Raises $20 Million to Take Big Data End-to-End for Marketers

NEW YORK — Simon Data, the first and only enterprise Customer Data Platform with a fully-integrated marketing cloud, today announced the close of a $20 million Series B funding round to further develop its arsenal of solutions for marketers.

The financing was led by Polaris Partners, and follows a Series A funding round in 2015. The company was founded by Jason Davis, Josh Neckes, and Matt Walker, and has raised a total of $32 million to date.

“The current crop of enterprise CDPs are falling short of their promise to deliver on personalization,” said Josh Neckes, Co-Founder & President of Simon Data. “Like us, they have the capacity to join data from disparate sources to build a rich, unified view of the customer. Unlike us, they’re completely incapable of complex campaign orchestration. With more ways to engage customers than ever, marketers are demanding complex cross-channel workflows, deep insights and journey management. That’s where the value is and where we come in.”

Simon’s disruptive platform vision of blending the messaging and orchestration capabilities of a marketing cloud with the critical infrastructure offered by an enterprise-scale CDP quickly attracted major customers such as Airbnb, OpenTable, Blue Apron, TrueCar, and Rover. Simon enables these and other major brands to leverage all of their customer data to drive personalized, optimized communication in any end-channel.

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