Corporate news

Exabeam, the security analytics and automation company, has announced a US$ 200 million Series F growth round, at a valuation of US$ 2.4 billion. The round is led by the Owl Rock division of Blue Owl Capital and supported by existing investors, Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners. Exabeam also welcomes cyber security industry veteran, Michael DeCesare as Chief Executive Officer (CEO) and President. The company’s Co-Founder and first CEO, Nir Polak, will...

Flock Safety was founded with the mission to eliminate crime and it has always been believed that is possible while protecting civil liberties and encouraging positive, productive relationships with local law enforcement and their communities. This mission is why it loves working with city leaders who place a premium on communication and transparency, such as Chief Jeremy Bowers of the Piedmont Police Department in Alameda County, California. “Trust is built. It’s built over time,...

Surveillance Secure – a security integrator that consults, designs, installs and supports a full range of enterprise grade technology for commercial clients – is opening the brand's first location in Houston. The new location has been awarded to local Houston Marine Corps veteran and entrepreneur, Brandon Foss, and is set to open in July. Foss's professional background in security will serve as a great asset to Surveillance Secure and the community of Houston. He worked with Blackwa...

The Student Loans Company (SLC) has spent over 76,800 pounds on cyber security training for its staffers, over the two most recent financial years (FY 19/20, FY 20/21), according to official figures. The data obtained and analyzed using the Freedom of Information (FOI) Act by Griffin Law, the niche litigation practice, shows that nearly 20,000 specialist courses were completed in areas, such as phishing, password protection, bribery, corruption, and privacy standards. The data shows that 9,334...

Surveillance and security specialist, Zicam Integrated Security, has announced the appointment of a new Financial Director, supporting Zicam’s ambitious growth strategy and further bolstering its dynamic leadership team. Following a string of high-level promotions earlier this year, Clare Ralph has joined Zicam Integrated Security, after working in a similar role for 14 years with a decorating company. Clare joins the company with qualifications in administration, as well as NVQ Levels 2,...

SK Inc. C&C, a part of SK Group in South Korea, and BriteLab in Silicon Valley have announced the signing of a partnership agreement, to collaborate in joint development for the global manufacturing business in the U.S. market. BriteLab, Inc., located in San Jose, CA, is the renowned semiconductor AMHS company in the United States of America. Highlights of the joint effort include: Collaboration between BriteLab's AMHS (Automated Material Handling System) and SK Inc. C&C's Smart Man...

On March 17, the FBI released its seminal annual Internet Crime Report. Once again, socially-engineered attacks (including business email compromise, spoofing, and phishing) by far were the number one cybercrime by financial loss, accounting for $2.1 billion of the $4.2 billion in losses to U.S. businesses and consumers. These attacks utilize impersonations to get companies to transfer money to fraudulent accounts and pose significantly more financial danger to an organization than well-known ta...

Monitoring platform provider Bold Communications and Dahua Technology are pleased to announce that Bold has joined the ECO Partner Program. The Program is designed to create a closer integration and development relationship between Dahua and technology providers, with parties working to deliver an integrated monitoring solution for commercial ARCs and private control rooms.  Security solutions typically require technology from more than one manufacturer. An integrated system will often inc...

Aqua Security, the pure-play cloud native security solutions provider, has announced the appointment of Darkbit Co-Founders, Brad Geesaman and Josh Larsen to the Aqua team. Brad Geesaman will serve as the Director of Cloud Security and Josh Larsen as the Director of Cloud Product at Aqua Security. Their expertise will be leveraged to further strengthen Aqua’s Cloud Security Posture Management (CSPM) solution and Kubernetes offerings. Cyber and information security experts Geesaman and L...

Cambridge Quantum Computing (CQ), a pioneer in quantum software and algorithms, announces they have entered into a definitive agreement under which Cambridge Quantum will combine with Honeywell Quantum Solutions (HQS), a Honeywell business unit and maker of the highest performing quantum computer currently available. Honeywell has been an investor in and commercial partner with Cambridge Quantum since 2019. The combination will form a new company that is extremely well-positioned to lead the qu...

Thermal imaging specialist Thermoteknix has been awarded a contract to supply the UK Ministry of Defense (MoD) with its ClipIR XD-E Thermal Clip-on systems (TCOS). The first phase of units, in excess of £3 million, will be delivered within the next 12 months under the TCOS program with options to procure additional units over the life of the contract. Provides situational awareness The ClipIR XD-E systems will deliver enhanced situational awareness and increased threat detection capabil...

ExtraHop, a cloud-native network detection and response company announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) and Crosspoint Capital Partners (“Crosspoint Capital”) in a strategic transaction valued at $900 million. Bain Capital is an investor in technology companies and a unit of one of the world's top multi-asset alternative investment firms. Crosspoint Capital is a private equity firm focused o...

Calipsa, a market provider of deep-learning-powered video analytics for false alarm reduction, announced Sirix, a Canadian remote monitoring station operator, is using its False Alarm Filtering platform. Calipsa's artificial intelligence-based analytics reduce false alarms by more than 90%. Video analytics software Quebec-based Sirix offers public and private organizations solutions for remote video monitoring, cloud-hosted access control, remote intercom response, alarm video verification, a...

Installers and specifiers are still not fully aware of the many options available to them to help manage social distancing and limit direct contact with ironmongery and doors, says the ASSA ABLOY Opening Solutions UK&I. In line with a recently updated guide from the Guild of Architectural Ironmongers and Finishes and Interior Sector, which outlines how business owners can use partitioning and ironmongery to help manage social distancing, ASSA ABLOY’s extensive portfolio means its prod...

Pluralsight, Inc., the technology workforce development company, announces the promotion of Will Clive to Chief People Officer (CPO). Reporting to Pluralsight co-founder and CEO Aaron Skonnard, Clive was promoted from his previous position as Vice President of People. “For over six years, Will has been a steadfast and committed member of the Pluralsight team who has embraced every opportunity to grow professionally while also helping to grow the business,” said Skonnard. World-Clas...

SALTO Systems, a manufacturer of electronic smart access solutions, has launched a newly-redesigned website that offers detailed product information, enhanced industry vertical focus, and covers the latest technology and electronic advances for SALTO platforms, technology, and services. Improved functionality The new site places a large emphasis on visitor experience and provides a streamlined, modern design, improved functionality, and accessible resources to help support the informational ne...

Paxton announces the introduction of new Net2 Pro training. Easily accessible via the website, this virtual course enables installers to get the most from Net2 with free Net2 Pro training. Net2 access control Net2 access control is easy to install and designed to make the management of any building very simple. As a system, it offers a variety of IP video intercom, battery-powered door handles, and wireless or wired door controller hardware to suit any site requirement, and ensuring buildings...

AI (Artificial Intelligence) chipmaker Hailo announced its partnership with Lanner Electronics, a global pioneer in the design and manufacturing of intelligent edge computing appliances, to launch groundbreaking AI inference solutions for real-time computer vision at the edge. High-performance, compact devices Hailo has combined its Hailo-8™ AI acceleration module with Lanner's edge computing boxes to create high-performance, compact devices to support the demands of emerg...

Bright Minds Capital Partners announces an investment in Sunstone Systems, a British technology company focused on creating robust, renewable energy solutions. Sunstone delivers green energy to surveillance applications such as CCTV in a range of sectors. Creating sustainable and value-added businesses Aaron David Sunstone Systems CFO commented, "We are delighted to welcome Bright Minds Capital Partners as investors in Sunstone. We are set up for significant growth over the...

HITRUST, data protection standards development and certification organization, announced a new milestone in throughput of assessment reviews by reducing the turnaround time by 50% over the last six months and exceeding established quality standards, all while assessment volumes have hit an all-time high, confirming the growing need for reliable assurances. Also announced is the publication of Advisories outlining updates to the HITRUST CSF Assurance Program™ that deliver at least a 25% sa...

According to the research report, the ‘Millimeter Wave Technology Market by Product (Scanner Systems, Telecommunication Equipment), License Type (Unlicensed, Fully Licensed), Application (Mobile and Telecom, Automotive), Component, Frequency Band, and Region - Global Forecast to 2026’, published by MarketsandMarkets, the market size is estimated to grow from USD 1.8 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 20.8%. Rising adoption of millimeter waves in the telecommuni...

Survail is on a mission to empower organizations to turn video content into actionable data. Survail is officially launching its hybrid-cloud, AI-powered video analytics platform built with that mission at its core. Survail's solution is affordable, flexible, and scalable for small businesses or enterprises with multiple locations. The result for stakeholders? Thousands of hours saved, countless safety concerns mitigated in real-time, and increased ROI from your existing security infrastructure...

FireEye, Inc. announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. The transaction is expected to close by the end of the fourth quarter of 2021, subject to customary regulatory approvals and closing conditions, and will separate FireEye’s network, email, endpoint, and cloud sec...

As Carnival Cruise Lines welcomes Mardi Gras, its first ship powered by liquid natural gas, to Port Canaveral this Friday morning, every business sector that supports the cruise industry, as well as eager passengers, welcome the resumption of cruising in the United States this summer. Celebrity Cruises will offer the first cruise ship conducting passenger operations since the shut-down, with Celebrity EDGE set to sail on June 26th, 2021 from Port Everglades. Terminal security services “...

Ping Identity, the globally renowned intelligent identity solutions provider for enterprises, has announced the addition of Jason Wolf as the company’s new Chief Revenue Officer (CRO). Wolf is a highly accomplished sales leader, who in his most recent role as Chief Revenue Officer at SAP, oversaw the company’s Spend Management and Network line of business. Jason Wolf will oversee Ping Identity’s global team of worldwide sales and revenue, channels, customer success, operations...

Waste fires – in other words, fires that occur in waste or recycling plants - is a very serious global issue. Countries all over the world are suffering from more than one fire per day in the waste and recycling industry. This causes a risk of injury to employees, damage to sites and machinery, and damage to reputation. And that’s even before one considers the potential environmental impact. There’s more irony here too – one of the biggest risks for fire in a waste facil...

The Board of Directors of Securitas AB (publ) (‘Securitas’) has resolved, pursuant to the authorization granted by the annual general meeting held on May 5, 2021, that the company shall acquire its own shares of series B on Nasdaq Stockholm. The purpose of the acquisition is to ensure Securitas’ undertakings in respect of share-related or share-based incentive programs (other than the delivery of shares to participants of incentive programs), including covering social security...

Ping Identity, the intelligent identity solution for the enterprise, showcases a continued commitment to open standards through the achievement of the Financial-grade API Client Initiated Back-Channel Authentication (FAPI-CIBA) certification. This certification enables enterprises to improve the consumer experience during authentication and authorization for financial transactions. FAPI-CIBA is a security and interoperability standard from the OpenID Foundation for financial, insurance, healthc...

Johnson Controls, a global pioneer in smart, healthy, and sustainable buildings, and architect of the OpenBlue digital connected platforms is introducing the reimagined web-based client for the Tyco Software House C•CURE 9000 security and event management system. With the addition of enhanced functionality for alarm monitoring to the already streamlined search and filtering capabilities, users are able to perform personnel administration and alarm monitoring for their C•CURE...

Device Authority, a pioneer in identity and access management (IAM) for the Internet of Things (IoT), and Medigate, an IoT device security and asset management company dedicated to healthcare, announce their partnership for securing the Internet of Medical Things (IoMT). Whether to improve the cybersecurity of IoMT, or directly address other challenges, this partnership delivers Healthcare Delivery Organizations (HDOs) important new integrated capabilities. Explosive spending on the Internet o...