Checkmarx announced a new generation in software supply chain security with its Secrets Detection and Repository Health solutions to minimize application risk.
Symmetry Systems emerged from stealth a year after raising $3 million in seed funding.
The round was led by two premier venture funds investing in foundational and transformative technologies, ForgePoint Capital and Prefix Capital. Symmetry Systems' flagship solution, DataGuard, provides unified visibility into data objects across all data stores, answering data security and compliance questions that traditional tools cannot. This financing will be used to spearhead product development and customer support resulting from active pilot deployments in notable healthcare, fintech, manufacturing and technology organizations.
"Traditional approaches to battling the threat landscape have left security teams with an impossible task: guard your organization's most critical information with tools that focus on securing the fortress, not its gold," said Symmetry Systems CEO and Co-Founder, Mohit Tiwari. "We are committed to amplifying the visibility and control security engineers have over their organization's data by analyzing information they already have."
"Our seed investment in Symmetry Systems represents ForgePoint's first founding investment," said William Lin, co-founder and partner of ForgePoint Capital. "From the original thesis, to the introduction to Mohit, to the investment, to helping build the company over the past year, every decision has been driven based on feedback from CISOs and security practitioners in our collective networks. It has been a lot of fun to collaborate with friends over the past year here."
Organizations have focused their security spend on applications and infrastructure tools that treat protecting data as a side effect. This creates a blind spot for security engineers who struggle to find ground-truth visibility within their organization's data stores, leaving sensitive customer information such as PII, PCI, and PHI, exposed. Symmetry DataGuard learns how data is used, accessed, and managed, whether by your organization or a partner, to deliver actionable visibility, least privilege policies and guided response. By enabling developers to move quickly to meet customer demand, while still being good custodians of user data, security engineers are empowered to drive compliance, detection-response, and data-store specific defenses by default.
Industry News
SmartBear has appointed Dan Faulkner, the company’s Chief Product Officer, as Chief Executive Officer.
Horizon3.ai announced the release of NodeZero™ Kubernetes Pentesting, a new capability available to all NodeZero users.
Veracode acquired certain assets of Phylum, including its malicious package analysis, detection, and mitigation technology.
AppViewX announced the completion of its acquisition by Haveli Investments.
Check Point® Software Technologies Ltd. has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Email Security Platforms (ESP).
Progress announced its partnership with the American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession.
Kurrent announced $12 million in funding, its rebrand from Event Store and the official launch of Kurrent Enterprise Edition, now commercially available.
Blitzy announced the launch of the Blitzy Platform, a category-defining agentic platform that accelerates software development for enterprises by autonomously batch building up to 80% of software applications.
Sonata Software launched IntellQA, a Harmoni.AI powered testing automation and acceleration platform designed to transform software delivery for global enterprises.
Sonar signed a definitive agreement to acquire Tidelift, a provider of software supply chain security solutions that help organizations manage the risk of open source software.
Kindo formally launched its channel partner program.
Red Hat announced the latest release of Red Hat Enterprise Linux AI (RHEL AI), Red Hat’s foundation model platform for more seamlessly developing, testing and running generative artificial intelligence (gen AI) models for enterprise applications.
Fastly announced the general availability of Fastly AI Accelerator.