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The Weekly Notable Startup Funding Report: 8/14/23 – AlleyWatch

The Weekly Notable Startup Funding Report: 8/14/23 – AlleyWatch
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United States , New Zealand General , New Zealand , Jason Chan , William Bengtson , Daniel Gross , Elon Musk , Mark Tompkins , Puneet Tiwari , Tom Alcock , Snehal Antani , David Wilson , Eric Leblond , Rohit Parchuri , Jorge Torres , Matthew Wilton , Matt Walker , Katherine Allen , Lukas Biewald , Siddarth Cidambi , Maohua Lu , Ali Kashani , Jake Lang , Rob Whitcher , Alex Alvarado , Kim Stroh ,

Symmetry Systems raises $17.7 mn in VC funding

Symmetry Systems, a next generation AI-powered data-centric security company, announced anĀ $17.7 millionĀ inside round of funding ....

Syndicate Group , Symmetry Systems , Forgepoint Capital , Prefix Capital ,

Symmetry Systems Raises $17.7M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

Mohit Tiwari , Syndicate Group , Symmetry Systems , San Jose , Forgepoint Capital , Prefix Capital ,

Symmetry raises $18M to bolster organizations' data security programs

As organizations embrace cloud services and are forced to confront changing regulations and data use standards their ability to maintain control of data security frequently becomes strained. The average cost of a data breach is about $3.86 million (per IBM), and most companies pay around $14.82 million per year for noncompliance, including noncompliance with data security policies. Ninety-seven percent of security leaders believe that their employers will either maintain or increase their security budgets this year, according to one recent survey, while 45% say that data security has "significantly" increased for them as a priority. ....

Mohit Tiwari , Puneet Tiwari , Palo Alto Networks , University Of Texas , Symmetry Systems , Casen Hunger , Orca Security , Rubrik Owned Laminar , Open Raven , Prefix Capital , Forgepoint Capital , San Francisco Based ,