News

Crowdsourced security startup Bugcrowd today announced it closed a $1.6 million seed round from top investors including Icon Venture Partners, Paladin Capital Group, Square Peg Capital and select angel investors. The capital will be used primarily to develop sales and marketing operations, expand the team, and support a fast-growing community of more than 3,000 security testers.

Digital Signal Corporation (“DSC”), a world leader in facial recognition and identity management solutions, today announced that it has secured $50 million in funding from Technology Control Corporation (“TCC”).

PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has raised $12 million in funding co-led by new investors Paladin Capital Group and Ascent Venture Partners, and joined by return backer Intel Capital and other existing institutional investors.

Endgame, Inc., a leading provider of battle-tested cyber security solutions, announced today that it has closed a $23 million Series B equity financing to fund growth in its existing federal customer base as well as expansion into the commercial market.

Fixmo announced strategic partnership with Samsung that will see the global leader in smartphones embed Fixmo’s patented Sentinel Integrity Services technology on Samsung smartphones and tablets. The partnership comes at a critical time as Government agencies and Enterprise IT around the world look to expand their deployments of consumer-­‐grade Android devices for critical business applications with ensured corporate security, integrity and compliance.

BuildingIQ, Inc., a leading building energy management software company with a mission to redefine the way energy is managed in commercial buildings, today announced another significant milestone with the closing of $9 million in venture funding.

Fixmo, the leader in mobile security and risk management solutions for public and private sector organizations, today announced that it has received a strategic investment from Samsung Venture Investment Corporation (Samsung Ventures), the venture capital arm of the Samsung Group.

PhishMe Inc. today announced the appointment of Jason Clark, Chief Security and Strategy Officer, Websense Inc., to their executive board. PhishMe Inc. offers a turnkey service that helps change employee behavior in responding to targeted phishing attacks – the number one attack vector used to compromise corporate and government networks today.

PhishMe Inc., a spear phishing simulator, today announced it has closed a $2.5 million Series A round, led by Paladin Capital Group. The company will use the funding to support its expansion in the U.S. and abroad, to enhance its sales and business development efforts,

Mr. Michael Steed, Founder and Managing Partner of Paladin Capital Group, has been appointed by Secretary of the Department of Homeland Security Janet Napolitano to the Department of Homeland Security Advisory Council’s Task Force on CyberSkills.