Cybersecurity
Security startup Verkada hits $5.8 billion valuation in latest funding round led by CapitalG
Filip Kaliszan, CEO of Verkada. Courtesy: Verkada Security technology startup Verkada has reached a $5.8 billion valuation after a new funding round led by CapitalG, Alphabet’s venture capital arm, announced Wednesday. “I think Google saw the opportunity with us in the application of AI and everything we’re driving to apply AI to the physical security […]
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We’re raising our CrowdStrike price target following a beat and raise quarter
CrowdStrike on Tuesday evening reported better-than-expected fiscal 2026 third-quarter results and forward guidance. The numbers, however, were not enough to power shares higher, given their roughly 24% advance since the cybersecurity company’s fiscal second-quarter print back in late August. That said, the latest beat and raise should help solidify recent stock gains and set the […]
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Okta beats third-quarter earnings expectations
Okta on Tuesday topped Wall Street’s third-quarter estimates, but CEO Todd McKinnon said upside from its AI agents aren’t “fully baked” into results. Shares of the identity management provider fell as much as 3% in after-hours trading on Tuesday. Here’s how the company did versus LSEG estimates: Earnings per share: 82 cents adjusted vs. 76 […]
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Former cyber spy raises $60 million to fight AI threats
Ben Seri (CTO), Sanaz Yashar (CEO), Snir Havdala (CPO) of Zafran Security. Courtesy: Eric Sultan | Zafran Zafran Security, a cybersecurity startup created by an Iranian-born spy whose story helped inspire the hit Apple TV series “Tehran,” has raised $60 million, the company said Tuesday. Sanaz Yashar, the former spy and CEO of Zafran, told […]
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More companies are shifting workers to passwordless authentication
It’s safe to say that no one is crazy about passwords. For chief information security officers, there’s the nightmare of employees leaving lists of passwords on their desks or putting them on Post-it notes on their computers. For workers, there’s the inconvenience of having to enter multiple passwords to gain access to various devices and […]
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2 underappreciated areas are powering CrowdStrike’s next growth wave and its stock
CrowdStrike is setting the standard for modern cybersecurity and enjoying a well-deserved, incredible year for its stock. It’s a leader in a competitive industry, with rivals, such as fellow Club name Palo Alto Networks , all vying for companies’ ever-expanding cyber budgets. Despite strong earnings Wednesday evening, Palo Alto shares dropped sharply in Thursday’s big […]
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Palo Alto tops earnings expectations, announces Chronosphere acquisition
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday. The stock […]
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Cloudflare down: Company blames ‘unusual’ spike in traffic before outage errors
Person’s handing hold an iPhone displaying a Cloudflare Error while attempting to access a webpage, during an outage of the Cloudflare service, Lafayette, California, November 18, 2025. Smith Collection/gado | Archive Photos | Getty Images Internet infrastructure company Cloudflare was hit by an outage on Tuesday, knocking several major websites offline for global users. E-commerce […]
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Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime
Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a […]
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