£36m public funding for hack-resistant chips
The UK government has partnered with Arm to develop chip technologies that are more resistant to cyber threats, backed by £36 million in funding. The move kicks off the the next phase of the government’s Digital Security by Design initiative, which is also backed by Google and Microsoft. Official figures say the average cost of a cyber-attack on […]
Government strives to increase diversity in cyber security
The third round of funding through the Cyber Skills Immediate Impact Fund (CSIIF) has been launched by Cyber Security Minister Nigel Adams. The Fund aims to increase the number and diversity of people entering the cyber security profession, with training providers able to bid for up to £100,000 to work with employers and design training […]
Google, Microsoft back UK government on cyber security
Major businesses including Google and Microsoft have pledged to help the UK tackle the most damaging cyber security threats. Up to £117 million of private industry investment will be combined with £70 million of government funding through the modern Industrial Strategy to develop new technologies. These will range from a new and secure hardware prototype […]
£33m available for quantum security projects
The government has invited businesses to apply for a share of up to £33 million to work with others on developing new products and services that exploit quantum technologies. The second generation of technologies based on new quantum effects promises to deliver more secure digital communication, improved construction and radical increases in computing power. This, […]
£153 million to help commercialise quantum technology
The Government has pledged £153 million Industrial Strategy Challenge Fund funding, alongside £205 million from industry, to support commercialisation of quantum technologies. The funding helping to support businesses delivering quantum-enabled products and help remove technological barriers to productivity and competitiveness in the UK. The Government funding will also be supported by £205 million from industry. […]
Exabeam raises $50m, aims to disrupt SIEM market
Exabeam has closed $50 million in Series D funding to grow the company’s cloud portfolio, as well as sales and channels to expedite global expansion. The funding was backed entirely by existing investors, led by Lightspeed Venture Partners and supported by Aspect Ventures, Cisco Investments, Icon Ventures, Norwest Venture Partners and cybersecurity investor Shlomo Kramer. The company […]
SecurityScorecard raises $27.5 million, pledges new solutions
SecurityScorecard has raised $27.5 million in Series C funding, led by Nokia Growth Partners (NGP) with participation from Moody’s Corporation, AXA Strategic Ventures, and Intel Capital. Existing investors Sequoia Capital, Google Ventures (GV), Boldstart Ventures, Two Sigma Ventures, and Evolution Equity Partners also participated. Funds from this investment round will be used to bring new […]
Attivo Networks raises $21m Series C round
Attivo Networks has raised $21 million in Series C venture capital funding, which was led by Trident Capital Cybersecurity with participation from existing investors Bain Capital Ventures and Omidyar Technology Ventures. The round of funding follows a $15 million Series B financing in May, representing $36 million raised in the last five months and a […]
