Israeli security firm Dyadic Security raises $12 million in Series B

Israeli security company Dyadic Security has announced a Series B round of $12 million from Goldman Sachs Principal Strategic Investments, Citi Ventures, and Innovation Endeavors. Innovation Endeavors’ Yuval Shachar has joined Dyadic’s board of directors as chairman. Dyadic provides software-defined cryptography (SDC) and key management solutions for the enterprise. “Dyadic has changed the game for […]

Cybersecurity firms WISeKey and OpenLimit announce merger plans

Swiss cybersecurity companies WISeKey and OpenLimit are to merge in a bid to take on the German and wider EU market. The two sides announced they had signed a memorandum of understanding today. As part of the merger, OpenLimit will be absorbed into WISeKey with the latter’s name remaining. The company will also provide interim […]

Dutch cybersecurity startup EclecticIQ raises €5.5 million in Series A round

Amsterdam-based cyber threat intelligence firm EclecticIQ has raised €5.5 million in Series A funding from INKEF Capital and KPN Ventures. EclecticIQ’s main product is its threat intelligence platform (TIP) for monitoring and defending against cyber-attacks. Its core markets are financial institutions and government agencies in the protection of critical data and responding to incidents. The […]