Klecha & Co.’s Post

Luminii is delighted to announce our second deal for the year 2025!   We provided Commercial Due Diligence (CDD) support to Octopus Ventures and Riverside Acceleration Capital on their investment in ThreatMark, a cybersecurity company focused on fraud prevention for financial institutions.   "Luminii are delighted to have supported Octopus and Riverside on this transaction. This is yet another deal that helps to strengthen our credentials in the TMT and cybersecurity sectors. We wish Octopus Ventures, Riverside Acceleration Capital, and ThreatMark continued success for the future." – Lushani Kodituwakku, 𝗠𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿, 𝗟𝘂𝗺𝗶𝗻𝗶𝗶 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴   https://lnkd.in/ezCeF-fZ   #commercialduediligence #cdd #LuminiiConsulting

ThreatMark, a Czech Republic-based leader in behavior-based fraud prevention, has raised $23M (€22M) in funding to fuel global expansion and enhance its AI-powered platform. CEO Michal Tresner emphasized plans to grow in the UK and US, boost R&D, and strengthen fraud detection capabilities. Partners like Octopus Ventures and Riverside Acceleration Capital highlight ThreatMark’s potential to transform online banking security worldwide. https://lnkd.in/evybAPRW #AI #FraudPrevention #CyberSecurity #ThreatMark Kryštof Hilar @Paul Davidson Jonathan D. Drillings SpringTide Ventures Kate Burwood David Marek

We’re thrilled by the support of our news of $23M funding to advance the fight against online fraud! This milestone is a game-changer for ThreatMark and brings us closer to making the digital world safer for everyone. Online fraud is a $486B global challenge, and this funding will help us scale our AI-powered Behavioral Intelligence Platform. By detecting and preventing fraud, we’re helping financial institutions protect their customers while keeping user experiences smooth and secure. “With powerful AI and machine learning capabilities, ThreatMark not only identifies known fraud patterns but also adapts to emerging threats, becoming more effective as it processes and learns from new data,” said Kryštof Hilar, our CTO. A huge thank you to our investors—Octopus Ventures Riverside Acceleration Capital and SpringTide Ventures—and our amazing leadership team. We’re ready to tackle the evolving landscape of fraud prevention! Michal Tresner Martin Zikmund Mark Anderson Matt Bevan Nicholas H. Mike LaFleur Veronika Zelinko Vardanová Jaroslav Loskot Daniel Rott Tomas Kral Lubos Klinko #FraudPrevention #Fintech #AI #ThreatMarkFraudFighters

This is an exciting announcement that I am very keen to share more on in the coming weeks. Through this venture with our good friends Samantha Bowie and David Bowie, the Founders of Siera Data , we are bringing a joint offering to market designed for smart, fast and technology driven analysis of compromised data sets off the back of cyber incidents and privacy breaches, reducing inefficient and cumbersome data reviews and making us truly end-to-end in the response & recovery domain. As a side benefit, NSB Cyber will also bring a bolstered computer forensics, investigations and eDiscovery capability to our clients who are looking for alternatives to the cost heavy forensic teams housed across the professional services firm landscape. This is an exciting piece of the NSB Cyber growth journey (with a few more to come yet!) positioning us to deliver on our mission of bringing specialist cyber and digital forensic services to the market, with a highly capable, hands on team who respond quickly, speak plainly and partner with our clients in their quest to defend themselves with confidence. #nostepsbackward

📰 Thank you VMblog for sharing in our excitement and celebration of the acquisition of CYNC Secure! This strategic acquisition joins the extraordinarily talented duo of Cymulate CEO and Co-Founder, Eyal Wachsman and new vice president of Business Development and Alliances, Meir Abergel. “The Cymulate platform’s ability to simulate real-world threats to help organizations test and validate their security posture complements CYNC’s data centralization and remediation workflows beautifully." Meir Abergel 📘Read the full article here 👉https://hubs.li/Q033x5vn0

Cytactic Raises $16 Million Seed Funding Round Led by Evolution Equity Partners to Help Companies Prepare and Respond to a Cyber Crisis The link to the article is in the comments.

Flare Raises $30M Series B Led by Base 10 Partners to Continue Growth in Security Intelligence and Threat Exposure Management Markets https://lnkd.in/eShnCRCH #cybersecurity #itsecurity #news #itsec

Our Fraud Security Manager, Matt Smith, recently had the opportunity to sit down with Eric Marsh to discuss the topic of fraud on WCTV’s IN Focus. Their conversation delved deep into the evolving tactics used by fraudsters, proactive measures to safeguard against fraudulent activities, and the importance of staying vigilant in today's digital landscape. #FraudAndSecurity #GreatThingsTogether 💙 https://hubs.la/Q02x7PMv0

A big step forward for the Philippines in standardizing digital signatures through this MOU between the Anti-Red Tape Authority & TWALA. Twala, a digital identity & signature startup, is reshaping the landscape in the Philippines by leveraging blockchain technology. Their approach, tailored to the specific needs of Filipinos, is transforming how digital identities and signatures are embraced across the country. Check out what else they've been up to on their LinkedIn. #DigitialSignature #DigitalIdentity #TWALA #FilipinoStartup #Startupworld #Blockchain

Data security is vital for a bank, and Todd Kuehnast, Director of Information Security at First International, embraced that challenge by partnering with Varonis. We helped Todd's team uncover and classify their sensitive data in over 272,000 folders, paving the way for streamlined communication and bringing them the peace of mind they truly deserve. 😌 Discover Todd's inspiring journey: https://hubs.ly/Q02_513q0