cyberstarts

How a $6M bet on Wiz turned into a massive 200x return for one early backer

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s […]

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Linx emerges from stealth with $33M to lock down the new security perimeter: Identity

Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years, and one of the main reasons it’s the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx has

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