SYN Ventures’ Post

🚀 Big News: Conifers.ai is Emerging from Stealth! 🚀 After months of building in stealth, I'm thrilled to introduce Conifers.ai - a next-gen SOC automation platform designed to revolutionize cybersecurity operations!!!!!

🎉 We're excited to launch Conifers.ai out of stealth! Backed by SYN Ventures, Picus Capital, and others, we have raised $25 million to bring the Conifers CognitiveSOC™ platform to the market. Our team of data science and security innovators brings the power of agentic AI as a force multiplier to SecOps teams. We're focused on solving the complex SOC challenges the result in real measurable value. We would like to thank our customers and partners for validating our approach. And thank you to our investors, advisors, and the Conifers team for accelerating our journey to help organizations achieve SOC excellence. 👏 👉 See link to the full news in the comments. #SOCExcellence #AI #Automation #SOC #Cybersecurity #Funding #Agentic

We're excited to announce our partnership with Conifers.ai and the team around Tom Findling, Alon Yotvat & Mark Kurman who just raised USD 25 million in funding from SYN Ventures, Picus Capital, and others. We are proud to be their partner from day 0 on their journey of building the leading AI platform to achieve SOC excellence. Conifers.ai as a native AI platform helps organizations solve critical security operations center (SOC) challenges at scale, increasing effectiveness and efficiency, reducing risk, and increasing proactiveness. It brings the power of agentic AI as a force multiplier to SecOps teams. Conifers enables customers to use AI to rapidly investigate complex, multi-tier security incidents at scale, with confidence and trust, and with the tools and portals they already use. Read more here: https://lnkd.in/d3tuvg42

UK-based Mindgard has raised $8M in funding to address the growing challenges of AI vulnerabilities. The round, led by .406 Ventures with participation from Atlantic Bridge, Willowtree Investments, IQ Capital, and Lakestar, will fuel product development, U.S. expansion, and team growth. Key Highlights: 1- Development of Dynamic Application Security Testing for AI (DAST-AI) to identify and resolve AI-specific runtime vulnerabilities. 2- Expansion to the U.S. with a leadership presence in Boston. 3- Appointment of industry experts Dave Ganly (formerly of Twilio) and Fergal Glynn (ex-Next DLP) to drive growth and innovation. As AI adoption accelerates, Mindgard is pioneering solutions to secure AI systems and safeguard enterprises against emerging risks. #digitalorators #do #ai #artificialintelligence #cybersecurity #fundingnews #aisecurity #vulnerabilitymanagement #startupfunding #applicationsecurity #aiadoption #risk

As much as we all use #LinkedIn to promote what "we" are showcasing and doing within our lives, it is always good to promote those within your network who are helping to advance their career and/or organization and one such company I would like to showcase is HiddenLayer I first met the founder Chris Sestito and then their soon-to-be #CRO and long time friend Abigail Maines at a coffee shop (go figure 😁 ). From that first meeting, the rest is history! They went on to raise their Series A and then, winner of 2023 RSA Conference Sandbox and introducing several new updates to their product offering. With #RSA2024 right around the corner, this company is poised for something special on protecting #GenAI #LLM models out there from unwanted security breaches. If your organization are using industry GenAI models or developing one in-house, Hidden Layer will want to be on your radar. Check them out at this year's conference: https://lnkd.in/g74_jx3p, your security teams, executive management, and boards of directors will thank you later! #security #models #threat #research #partners

Exciting news! Backline AI, Inc. is launching from stealth with $9M in Seed funding to revolutionize cybersecurity remediation with AI-driven automation. Led by Maor Goldberg, Eran J. Leib and Aviad Chen, Backline tackles one of the biggest pain points in enterprise security, endless security backlogs by deploying AI agents that autonomously fix vulnerabilities at scale. At StageOne Ventures, we’re thrilled to back Maor again after investing in his previous company, Apolicy (Acquired by Sysdig) (acquired by Sysdig in 2021). His deep cybersecurity expertise and vision for autonomous remediation are game changers. As Tal Slobodkin puts it: "Security backlogs are now the number one thing keeping CISOs up at night. Backline’s approach presents a way out of the prioritization paradigm through multiple orders of magnitude improvement in remediation velocity." Congrats to the Backline team! We’re excited to be part of this journey! Read more below in both the TechCrunch article and the Geektime גיקטיים article.

DV7 is excited to be exhibiting at this year’s DeviceTalks Boston event! We will be talking; #productdevelopment encompassing; #electricalengineering, #softwaredevelopment, #mechanicalengineering , #softwaretesting, #verification, #ai, #cybersecurity and #machinelearning. In relation to #startup, #investing, #regulatory, #medtechinnovation, #medicaldevices #dtb2024 Stop by and say hello this week!

🚀 In a groundbreaking move, Cyera, an AI-driven data security unicorn, has acquired Trail Security for $162 million. This merger combines Trail's real-time monitoring and machine learning tech with Cyera's Data Security Posture Management, paving the way for a Unified Data Security Platform—positioning Cyera at the forefront of the booming Data Loss Prevention (DLP) market set to skyrocket from $2 billion to $21 billion by 2034. This acquisition highlights the power of strategic partnerships in driving innovation and market leadership. By integrating Trail’s DLP capabilities, Cyera actively addresses the growing data security challenges in a cloud and AI-driven world. A key focus is on workforce growth, adding 40 skilled Trail employees with plans for over 1,000 more in two years. Cyera showcases that technology and human expertise are both vital for success in AI security. In summary, Cyera’s bold action illustrates that blending innovative tech with growth strategies is essential for meeting today’s security demands and preparing for future challenges. #Cyera #TrailSecurity #DataSecurity #AI #Acquisition #DLP #TechLeadership #Innovation #Cybersecurity #WorkforceGrowt

Startup radar time! We're spotlighting more founders in the #Seattle #startup ecosystem getting new companies off the ground. — Lauren Cappell leads Duckpins, a new startup out of Jelly Collective addressing the often messy and stressful experience of managing essential legal and personal documents. — Steve Tout leads Identient, which aims to help CISOs and CIOs with the business of cybersecurity. — Perrin Myerson leads GovGoose (YC W25), which pulls data from city codes on legal, permit, and zoning requirements. — Kavian Mojabe leads MediScan AI, a health tech startup that uses AI to help medical professionals review and analyze patient records. Read more about the companies and founders: https://lnkd.in/gUQ8mKuT