cyber startup News

VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel

Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be Accel’s eighth since opening …

Israeli Cyber Security Startup Apex Gets Initial Investment From OpenAI’s Altman

Israeli cyber security startup Apex, which focuses on protecting the rapid use of artificial intelligence (AI) tools, said on Thursday it received an undisclosed investment from OpenAI Chief Executive Sam Altman. In all, Apex raised $7 million in a seed …

Cyber Insurance Startup At-Bay Plans Expansion After Raising $34 Million

Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Plans call for the money to be used to grow the managing general underwriter’s offices in New …

Germany’s HDI Group Acquires Cyber Specialist Perseus

The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance. The acquisition enables the Hannover-based HDI Group to offer cyber insurance policies and cyber security concepts …