• DDoS protection specialist Black Lotus raises $3.5 million

    San Francisco-based Black Lotus, a DDoS protection specialist, last week announced the completion of its first institutional financing in the amount of $3.5 million. The round was led by San Francisco-based Industry Capital. The strategic investment will fund entry into new markets, where Black Lotus will deploy additional capacity and improve quality of service through peering and closer proximity to global partner networks.

  • Cybersecurity specialist Bromium raises $40 million Series C funding

    Cupertino, California-based Bromium, Inc. has raised $40 million in an Series C funding round led by new investor Meritech Capital Partners, with participation from existing investors Andreessen Horowitz, Ignition Partners, Highland Capital Partners, and Intel Capital. Bromium offers advanced malware protection and automated forensic intelligence products. Bromium’s vSentry uses Intel CPU and chipset features to hardware-isolate tasks that access the Web, attachments, and files that might contain malware, protecting the desktop by design.

  • Number of university-hosted start-up incubators grows

    U.S. colleges and universities increasingly resemble business incubators, as the number of school-supported startups is rising.Of the 1,195 incubator programs in North America in 2012, about 400 – or a third — were primarily sponsored by a college or university, an increase from just 20 percent in 2006.In 2012, U.S. higher education institutions earned $2.6 billion in license income, and helped launch 705 startups.

  • Arktis closes $2 million financing round

    Zürich, Switzerland-based Arktis Radiation Detectors Ltd., developer of a proprietary fast neutron detection technology which offers an innovative detection method for discovering well-shielded nuclear materials, successfully closed a round of financing worth $2 million.

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  • Venture capital tutorial for New York-based homeland security companies

    Long Island technology forum helps connect homeland security companies from the New York region with funding sources

  • Demand for Israeli security solutions remains strong -- and is growing

    Homeland Security NewsWire’s executive editor Eugene K. Chow recently spoke with Koby Tanzer, a partner at Indigo Strategic Partners, an investment firm that specializes in the Israeli security and defense sector; in the interview, Tanzer discusses Indigo’s investment philosophy, how the global recession has affected defense and homeland security spending, trends in the global homeland security market, mobile device-based security solutions, and more

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  • Axxana, a data storage and recovery specialist raises $9 million

    Axxana, an Israeli developer of data disaster recovery solutions, has raised $9 million in Series B funding; Carmel Ventures led the round, and was joined by return backers Gemini Israel Funds and serial investor Moshe Yanai

  • Financial crisis offers opportunities for start-ups

    A world of failing corporate titans and changing government policy is chaotic, but chaos creates opportunity and leaner times bring focus; savvy and nimble start-ups are in a position to exploit the situation

  • GSC announces six finalists for 13 November event

    The Global Security Challenge has announced the six finalists for the competition to be held 13 November; winner will receive $500,000 grant in cash and mentorship from venture capitalists

  • Technology start-ups, investment, and the financial crisis

    The U.S. financial crisis need not spell doom for technology start-ups, says Kevin Maney; one of the main reasons: “The cost of starting a tech company has dropped precipitously, thanks to cheaper/better/faster technology”

  • Send Word Now completes $14 million financing round

    As more attention is paid to alerting people of imminent or on-going disasters, investors pay more attention to companies producing effective, reliable alert systems; Send Word Now benefits

  • Paladin closes third fund, exceeding target of $300 million

    Paladin Capital Group closes its third fund, Paladin III L.P., with equity commitments of $340 million; Paladin, a leader in homeland security investing, has more than $980 million under management across multiple funds and thirty-one portfolio companies

  • Athlone Global Security completes round of Defensoft investment

    Athlone Global Security completes new round of investment in DefenSoft, a simulation specialist

  • £500,00 boost for hi-tech firm

    Warwick Warp has developed innovative technology in biometrics which dramatically improves the accuracy and speed of recognition of fingerprints; VCs are intrigued

  • VCs invest $3 billion in clean tech in 2007

    VCs investment in clean tech in 2007 increased 43 percent over similar investments in 2006; U.S.-based companies received $2.52 billion, or 83 percent of the total, in 159 clean-tech deals