Investment - Security On Screen by The Security Industry Group

Salvador Technologies raises $6M to empower cyber resilience in operational technologies and critical infrastructures

Leave a Comment / FEATURED NEWS, Cyber Security, NEWS, software / By Francesca

Salvador Technologies, a pioneering cyber-attack recovery platform provider for critical infrastructures and industrial organisations, has announced that it has secured $6m in funding. Salvador Technologies’ investment round was led by Pico Venture Partners with participation from existing investors, such as Pitango VC and Sarona Partners, who continue to play an essential role in shaping the […]

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£170m investment awarded to next generation of Royal Navy submarines

Leave a Comment / NEWS, Science & Technology / By Zoe Deighton Smythe

Design work for the next-generation of Royal Navy submarines is underway following the award of two contracts to UK industry, the Defence Secretary Ben Wallace has announced yesterday. Two contracts worth £85 million each had been awarded to BAE Systems and Rolls-Royce to deliver design and concept work for a future Class of Royal Navy

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Feedzai acquires Revelock to create AI risk management platform

Leave a Comment / Biometrics, NEWS / By Zoe Deighton Smythe

Feedzai has announced the acquisition of behavioural biometric platform Revelock, following a $200m investment earlier this year. Through this acquisition, Feedzai intends to create the world’s largest AI-powered financial risk management platform with native, integrated behavioural biometrics. The combination of Feedzai and Revelock will reportedly create the world’s largest Financial Intelligence Network (FIN), a vault

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Nozomi Networks announces $100 million investment from global security ecosystem

Leave a Comment / Business News, MEMBER NEWS, NEWS / By Zoe Deighton Smythe

Nozomi Networks has announced a $100 million pre-IPO-funding round to help accelerate its growth phase. Led by Triangle Peak Partners, the Series-D round also includes investments from a large stable of equipment, security, service provider and go-to-market companies including; Forward Investments, Honeywell Ventures, In-Q-Tel, Keysight Technologies, Porsche Ventures and Telefónica Ventures. “As we began the

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UK agrees deal to modernise its Chinook fleet

Leave a Comment / Business News, Government, NEWS / By James Ling

The UK Ministry of Defence has agreed a £1.4 billion contract to modernise its Chinook fleet over the coming decade. The move will see 14 of the new H-47(ER) helicopters replace some of the country’s older models and modernise the UK’s heavy lift capabilities. “Proven on both UK and overseas operations time and again over

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Assa Abloy invests in Paravision

Leave a Comment / NEWS, Biometrics, Business News, MEMBER NEWS / By Zoe Deighton Smythe

Assa Abloy has invested in US-based facial recognition solutions provider, Paravision. As part of a MUSD 23 funding round for Paravision, Assa Abloy aims to deliver a highly secure user experience in a variety of identify verification and authentication applications, including access control. “The investment in Paravision is a strategic technological investment for the Assay

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Ping Identity survey finds enhanced identity security for the work from home economy

Leave a Comment / Access Control, Business News, Cyber Security, NEWS / By Zoe Deighton Smythe

According to a new survey from Ping Identity, Intelligent Identity solution specialist, the pandemic-driven shift to remote work has significantly changed how companies are investing in identity and access management capabilities and Zero Trust security. As part of the executive survey, ‘Growth in Remote Work Fuels Zero Trust Investment,’ more than 1,300 senior executives across

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Beech Tree Private Equity invests in Performanta

Leave a Comment / Business News, Cyber Security, NEWS / By James Ling

Beech Tree Private Equity has invested in UK-based managed security services provider Performanta. The investment will support Performanta with its plans to scale up rapidly, enhancing sales to accelerate its focus on enterprise customers and the channel as well as further investment into its flagship product Core. The investment will also help the company make

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Booz Allen invests in Tracepoint

Leave a Comment / Business News, Cyber Security, NEWS / By James Ling

Booz Allen Hamilton has made a strategic investment in Tracepoint. The company, co-founded by Plexos Group and several industry experts, specialises in supporting cyber insurance carriers, lawyers, brokers, and their clients through crises. The reportedly enhances the ability of both Tracepoint and Booz Allen to defend clients against a growing number of debilitating cyber threats.

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Salvador Technologies raises $6M to empower cyber resilience in operational technologies and critical infrastructures

£170m investment awarded to next generation of Royal Navy submarines

Feedzai acquires Revelock to create AI risk management platform

Nozomi Networks announces $100 million investment from global security ecosystem

UK agrees deal to modernise its Chinook fleet

Assa Abloy invests in Paravision

Ping Identity survey finds enhanced identity security for the work from home economy

Beech Tree Private Equity invests in Performanta

Booz Allen invests in Tracepoint

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