Blue Delta Capital Partners’ Post

Darktrace PLC (LSE:DARK) has raised its guidance for the current year after a strong end to the first half and what it said was a change in trajectory for annualised revenues. The #CyberSecurity specialist now expects revenues to rise by between 23-24.5% in fiscal year 2024, up from a previous expectation of 22-23.4%, while margins are also forecast to be around 1% better. Revenues for the six months to 31 December rose by 27% year on year to US$329.6 million, with margins at the top end of guidance at 19%. #Darktrace added that its recurring revenues had also seen a big pick up during the second quarter following changes to its 'Go-to-Market' strategy. More at #Proactive #ProactiveInvestors #LSE #DARK http://ow.ly/F7A81058tW3

🎉 Celebration alert!!! Today, BforeAI is proud to announce $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital and a new investment from the Partnership for New York City. “BforeAI is automatically blocking thousands of attacks every day, so this new round of funding boosts our ability to serve ever more sophisticated customers and drive value in a competitive market. Always growing digital fraud, scams and cyberattacks prove organizations can no longer rely only on a reactive approach: they need to preempt, disrupt and deter attacks,” said Luigi LENGUITO, CEO of BforeAI. Read the full press release here and join the celebration! 😁 ⬇ https://lnkd.in/eeRbezwc #AI #cybersecurity #rsac2024 #bforeai

🎉 Celebration alert!!! Today, BforeAI is proud to announce $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital and a new investment from the Partnership for New York City. “BforeAI is automatically blocking thousands of attacks every day, so this new round of funding boosts our ability to serve ever more sophisticated customers and drive value in a competitive market. Always growing digital fraud, scams and cyberattacks prove organizations can no longer rely only on a reactive approach: they need to preempt, disrupt and deter attacks,” said Luigi LENGUITO, CEO of BforeAI. Read the full press release here and join the celebration! 😁 ⬇ https://lnkd.in/eeRbezwc #AI #cybersecurity #rsac2024 #bforeai 

Did you miss it yesterday? We continue to challenge the "assume breach" mantra, we cannot be only victims. Our customers prove it: prediction+preemption=deterrence #PreCrime is now. #cybersecurity #predictivesecurity

🏆It's that time of the year again - the prestigious CXO Security Excellence Awards are back to honor and celebrate the remarkable achievements and innovations of C-level security leaders and CISOs. This is the perfect opportunity to shine a spotlight on those who have tirelessly worked towards creating cyber-resilient organizations in the face of ever-evolving global threats. Join us in congratulating Lekhraj Chandak, the esteemed CIO of Garware Technical Fibres Limited, on being recognized as a winner! Joining him on this momentous occasion is his beloved wife, adding a touch of warmth and support to this remarkable achievement. The award was presented by none other than ANUJ SINGHAL, the dynamic Entrepreneur/Evangelist and the esteemed Founder & Group CEO of Techplus Media Group. Congratulations to all the winners and nominees for their outstanding contributions in fortifying organizations against the ever-evolving global threat landscape. Your dedication and vision are truly commendable, and we are proud to celebrate your success. CXOtv news | Techplus Media | Techplus Media Group  Kalpana Singhal | ANUJ SINGHAL | Naveen Singhal #CXOTVDailyNews / #CXOTVnews #GSS #GSS #SecurityExcellenceAwards #CyberResilience #TechLeaders #Innovation #CXO #CISO #TECHPLUSMediaGroup #DigitalTransformation #DataGovernance #Cybersecurity #Adaptability #EmergingTech #AI #Blockchain #RealTimeCommunication #DataPrivacy

Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly formed entity called Luke Bidco Ltd., formed by private equity giant Thoma Bravo, has tabled an all-cash bid of £6.20 ($7.75) per share, which represents a 44% premium on its average price for the three-month period ending April 25. However, this premium drops to just 20% when juxtaposed against Darktrace’s closing price Thursday, as the company’s shares had risen 20% to £5.18 in the past month. Founded out of Cambridge, U.K., in 2013, Darktrace is best known for AI-enabled threat detection smarts, using machine learning to identify abnormal network activity and attempts at ransomware attacks, insider attacks, data breaches and more. The company claims big-name customers including Allianz, Airbus and the city of Las Vegas. Credit: Paul S. via TechCrunch #cybersecurity #acquisition #darktrace #privateequity #thomabravo #deal https://lnkd.in/enWHf8By

Qohash has successfully raised $17.4 million in a Series B funding round led by Fonds de solidarité FTQ, with contributions from Export Development Canada | Exportation et développement Canada (EDC) and Desjardins Capital. This influx of capital will propel the expansion of Qohash’s Qostodian platform, which offers rapid deployment and enhanced data risk management, tailored via AI to the specific needs of each client. This platform has captured the attention of sectors where data security is critical, such as financial services and high technology. The funding will also accelerate the development of targeted AI capabilities to offer more precise, actionable insights to customers, reinforcing Qohash’s commitment to evolving cybersecurity solutions. https://lnkd.in/eWMXUWfq #Qohash #SeriesBFunding #Cybersecurity #DataSecurity #AI

Executive Director, and Group CFO of Sify Technologies Limited., M P Vijay Kumar shared his views at the recently concluded Nilgiris Economic Dialogue organized by the Confederation of Indian Industry (CII). Exploring “Innovative Horizons: Navigating the Nexus of Digital Economics”, the panel discussion showcased the importance of cybersecurity for businesses, and the need for more government expenditure on higher education and research, to ensure increased access to technology. #digitalbridge #nilgiriseconomicdialogue #cii #digitaleconomy #cybersecurity  

It was a pleasure meeting with Rt Hon Stephen McPartland MP to discuss the pivotal role of cyber resilience in driving economic growth. I shared insights on how startups like Lockular can offer innovative cyber practices to fuel expansion. Special thanks to #TechUK and #NCCGroup for hosting this invaluable discussion. #CyberResilience #Innovation #EconomicGrowth

Congrats to the 2024 #RisinginCyber honorees! 🎉 🚀 We’re thrilled to celebrate these 30 honorees that were selected for their proven ability to solve critical problems for security teams: 1Password, Abnormal Security, Astrix Security, Chainguard, Cribl, Cyera, Descope,* Drata*, Endor Labs, Fleet Device Management, Gomboc.ai, GreyNoise Intelligence, Grip Security, Gutsy, Horizon3.ai, Island, Normalyze, Oligo Security, Opal Security, Orca Security*, Resourcely, runZero, SafeBase, Semgrep, Tines, Tonic.ai*, Traceable, Veza, Wing Security*, Wiz *Represents a company in Notable Capital’s portfolio ✅ Huge thanks to the 100+ CISOs, VPs of Security, VCs, and security leaders who voted on this inaugural list recognizing the 30 most innovative startups in cybersecurity. The Rising in Cyber survey of more than 100 security leaders revealed three innovation drivers needed by security teams to adapt to a growing footprint of technologies, the rise of AI, and the evolving sophistication of cyber criminals. These themes provide a glimpse into the future buying patterns of CISOs: https://lnkd.in/gu64QzY2 Glenn Solomon, Oren Yunger, Dan Cahana Laura Hamilton 🙏Thank you to the Rising in Cyber sponsors Fenwick & West, HSBC Innovation Banking, and NYSE.