News

Digital Shadows Announces $14 Million Series B Funding Raise

Digital Shadows, the only company to offer organizations cyber situational awareness, today announced that it has closed its Series B funding at $14 million, led by Trinity Ventures, with general partner Fred Wang joining the company’s Board of Directors. Existing investors Storm Ventures, TenEleven Ventures and Passion Capital also participated, and the company also welcomed new investor Paladin Capital Group.

Twist Bioscience Completes $61 Million Series D Financing and $20 Million Debt Facility

Twist Bioscience, a company accelerating science and innovation through rapid, high-quality DNA synthesis, today announced the completion of a $61 million Series D private financing. Crossover participants in the round include ARCH Overage Fund, Merieux Developpement, Cormorant Asset Management LLC, Fidelity Management and Research Company and Foresite Capital Management LLC. Additional investors include ARCH Venture Partners, WuXi Healthcare Ventures, Illumina, Inc., Nick and Joby Pritzker (through their family’s firm Tao Invest), Paladin Capital Group, Yuri Milner, Boris Nikolic and additional strategic corporate and venture investors.

Emily Leproust Of Twist Bioscience Named 2015 Global Thinker By Foreign Policy Magazine

Twist Bioscience, a company focused on synthetic DNA, today announced that its CEO, Emily Leproust, Ph.D., has been selected as one of Foreign Policy’s 100 Leading Global Thinkers of 2015 for fast-tracking the building blocks of life. Each year, Foreign Policy selects the leading Global Thinkers whose contributions and work have changed lives and are shaping the world.

ProtectWise Raises $20 Million In Series B

ProtectWise, provider of the industry’s first Cloud Network DVR for complete detection, visibility and response to enterprise threats, today announced it has closed its Series B round of funding of $20 million. In total, the company has raised more than $37 million dollars in venture capital funding since May 2013. The new funding will be used to support the company’s continued growth, technology innovation and market expansion.

Paladin Achieves First Close On New Cyber Fund

Paladin Capital Group, a multi-stage private equity firm and a leading global cyber security investor, is pleased to announce it has completed an initial close of its new Cyber Fund. The initial closing included commitments from sovereign wealth, institutional, and high net worth investors from Europe, United States, and the Middle East. In addition, Paladin announces the promotions of Christopher Steed to Managing Director, Mourad Yesayan to Principal, Gibb Witham to Vice President, and Tom Clute to Associate.

PhishMe Named to Inc. 5000 List of Fastest Growing Private Companies; Identified as a Top 10 Security Company

PhishMe® Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today announced that Inc. Magazine has named it one of the 2015 Top 5000 Fastest-Growing Private Companies in the U.S. PhishMe ranked in the 89th percentile of all companies evaluated. Among security companies, it ranked in the top 10 nationwide and No. 2 in the State of Virginia.

Blue Coat Acquires Perspecsys to Effectively Make Public Cloud Applications Private

Blue Coat Systems, Inc., a market leader in enterprise security, today announced it has acquired Perspecsys, Inc., a leader in enterprise cloud data protection solutions. With this acquisition, Blue Coat significantly expands its cloud security offerings while enhancing the industry’s most robust hybrid cloud portfolio.

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