March 2021 was the single best month for NYC startup funding in history. These companies led the funding charge with 16 mega ($100M) rounds between them, raising $3.5B in aggregate during the month.
Western Technology Investment
According to IBM, the average cost of a data breach is $4M but only 29% of businesses have a cybersecurity expert on their IT team. As businesses use more and more data and as employees use more devices (the average employee now uses 2.3 devices), the potential liability increases each day. Axonius’ cybersecurity asset management platform gives enterprises a full inventory of their assets and ensures that these devices are properly being secured. The platform takes a holistic approach by integrating into existing cybersecurity tools and workflows and ensuring that all devices being used (whether physical or virtual) are compliant with the company’s security protocols. Founded by former intelligence officers from the Israeli Defense Force, the platform solves the fragmentation problem found in enterprises when it comes to security. AlleyWatch caught up with CEO and Cofounder Dean Sysman to learn more about the complexities in managing sound cybersecurity policies throughout an enterprise, the company’s future plans, and latest round of funding from investors that include Stripes, Bessemer Venture Partners, OpenView, Lightspeed, and Vertex.
NYC Tech News for the week ending 3/6 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Section 4, Spark Advisors, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/1/2021 featuring funding details for Axonius, Ribbon Health, and much more.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 2/27/21 featuring funding details for Reforge, Shippo, and thirty other rounds that you must know about.
Everything you need to need to know about the largest US startup funding rounds of Q3 2020; broken down by industry, stage, investors, and more…
The notable startup fundings for the week ending 4/11/20 featuring funding details for Okera, Node, Podium, Teamworks, and much more.
Everything you need to need to know about the largest US startup funding rounds of February 2020; broken down by industry, stage, investors, and more…