Quick Heal invest $2 mn in Israel based cybersecurity startup daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Quick Heal invests $2 m into Israeli startup
January 14, 2021
Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies×
L7 Defense focuses on API security Quick Heal Technologies, an IT security and data protection solutions provider, has announced an investment of $2 million in L7 Defense, an Israel-based cybersecurity startup.
The startup specialises in Application Programme Interface (API) security and next-generation web application firewall (NG-WAF). Quick Heal had already invested $3,00,000 in the startup last year.
Quoting a Gartner report, Quick Heal said about 90 per cent of web-enabled applications would be exposed to cyber-attacks due to the chinks in API weaknesses in 2021.
Quick Heal Technologies makes USD 2 million strategic investment in Israel based L7 Defense
Posted On: 2021-01-13 20:48:11 (Time Zone: Arizona, USA)
Quick Heal Technologies Limited, one of the leading providers of IT Security and Data Protection solutions for consumers, businesses, and government, has signed a definitive agreement to invest USD 2 million in L7 Defense. L7 is an Israel based cybersecurity start-up specializing in Application Program Interface (API) Security and Next Generation Web Application Firewall (NG-WAF). Quick Heal Technologies had invested USD 300k in L7 Defense in the previous financial year.
According to Gartner, by 2021, 90% of web enabled applications will be exposed to attacks due to API weaknesses, up from 40% of the apps in 2019. Hence, API Security has become one of the top cybersecurity concern for enterprises. L7 Defense s proprietary AI powered Ammune™ technology provides protection against a range of attacks targeting APIs like distribu
Quick Heal Tech Shares Rise 7% On $2 Million Investment In Israel s L7 Defense moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
API Security Pioneer L7 Defense raises $4m in Series A Funding from TRUMPF Venture and Quick Heal Technologies
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JERSEY CITY, N.J., Jan. 14, 2021 /PRNewswire/ L7 Defense, a leading cyber security technology pioneer and the provider of the award-winning Ammune™ enterprise-grade API (application programming interface) security solution, announced today that it has successfully completed a financing round of $4m, led by Germany-based TRUMPF Venture with participation from India-based Quick Heal technologies. The funds will be used to solidify its technological leadership, boost its marketing and business development activities, and extend its market reach.