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Is the Future of Cybersecurity in M&A?

Xconomy

Last month Symantec announced its plans to buy Blue Coat for $4.7 The bigger public players – Cisco, Check Point, HP, IBM, Symantec, and others – need to continually add to their arsenal of security solutions as the threat landscape continues to evolve. Symantec Forces the Industry to Stay Competitive. Why is this happening?

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$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Xconomy

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.

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IPO Scorecard: CrowdStrike Gains 70 Percent on First Trading Day

Xconomy

That close pegged CrowdStrike’s market capitalization at $11.4 Trading began at $63.50 Wednesday, and reached a near-doubling of the company’s IPO price before settling down to close at $58 for a first-day bump of more than 70 percent. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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CrowdStrike Hauls In $200M, Reports Valuation Over $3 Billion

Xconomy

Sunnyvale, CA-based CrowdStrike, as an endpoint protection and response platform, uses next-generation antivirus software, scans for behavioral indicators of malicious activity, and deploys other threat detection measures to prevent cyberattacks and mitigate harms when they occur.

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New Year to Bring New Data Security Threats, Cyber Investor Warns

Xconomy

Bob Ackerman is one of the venture capitalists whose funding has long fed the growth of the burgeoning cybersecurity industry. So, you might imagine that his outlook on data protection for 2019 would be more optimistic than in past years, because businesses now take advantage of a broad choice of security services to protect themselves.

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Endpoint Security Company CrowdStrike Files Publicly for IPO

Xconomy

Sunnyvale, CA-based CrowdStrike sells cloud-based security software and related services by subscription to businesses.

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Talk of Broadcom Buyout of Symantec Puts Broader IT Focus Into View

Xconomy

Broadcom is once, twice, three times a multi-billion-dollar dealmaker (well, basically) in the past year if it follows through on its reported talks to acquire Mountain View, CA-based cybersecurity giant Symantec. Though it is one of the largest cybersecurity software providers, Symantec is.