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Cloud cybersecurity startup Lumu raises a $7.5 million Series A
Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 million Series A. The round was co-led by SoftBank Group Corp.’s SB Opportunity Fund and Panoramic Ventures.
Lumu, co-founded and headed by Colombian native Ricardo Villadiego, offers a cloud-based service that helps companies continually scan and react to data compromises in real time. The company collects and standardizes metadata from across the network, including DNS queries, network traffic, access logs from perimeter proxies, firewalls and spam box filters, then applies AI to correlate threat intelligence from these disparate data sources to isolate confirmed points of compromise.
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SEATTLE, March 8, 2021 /PRNewswire/
Outreach, the largest and fastest-growing sales engagement platform, today announced Mary Shea, sales futurist and leading industry analyst, as Vice President, Global Innovation Evangelist.
With deep industry expertise and exceptional vision, Shea has been shaping the future of B2B sales calling for the move to digitization across the selling cycle long before the pandemic. In this new role, she will serve as an evangelist for sales technology, supporting business leaders as they prepare for an increasingly complex commerce environment. Shea will help Outreach s existing and prospective customers demystify the sales technology landscape and better understand the role sales engagement and other complementary sales technologies play in enabling better experiences for both sellers and buyers.
The latest windfall came on Wednesday, when cloud security vendor Okta said it s acquiring smaller rival Auth0 for $6.5 billion, eight months after Salesforce Ventures led a $120 million investment at a $1.92 billion valuation. Salesforce more than tripled its money between July and March.
In 2020, two of Salesforce s portfolio companies nCino and Snowflake soared after going public. They produced a combined $1.7 billion in investment gains, accounting for 78% of Salesforce s total increase for the fiscal year that ended in January, according to the company s fourth-quarter report on Feb. 25.
Salesforce also sold all of its 2.8 million Zoom shares last year, after more than tripling its money from investing $100 million in the video chat company s 2019 IPO.
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