Security

5 unicorns that will probably go public in 2019 (besides Uber and Lyft)

Cybersecurity unicorn Cloudflare is likely to transition to the public markets in the first half of 2019 in what is poised to be a strong year for IPOs in the security industry. The web performance and security platform is said to be preparing for an IPO at a potential valuation of more than $3.5 billion after last raising capital in 2015 at a $1.8 billion valuation.

Elliott-backed Gigamon to acquire cybersecurity startup ICEBRG

Gigamon Inc has agreed to buy cybersecurity startup ICEBRG, Gigamon Chief Executive Paul Hooper told Reuters in an interview. The ICEBRG deal gives Gigamon more expertise in cybersecurity and “takes it more into the world of subscription software.” The terms of the deal were not disclosed, though sources familiar with the matter said it values the Seattle-based startup at roughly $100 million.

Freshly Funded Startup Grades Fortune 500 on Cyber Risk ‘Credit Scores’

The company just raised millions. When insurers are determining whether to cover a house, they typically require an inspector to come do a walkthrough. The checkup helps underwriters assess what level of risk they’re taking on, and to draft policies accordingly. UpGuard (née ScriptRock), a startup based in Mountain View, Calif., offers the digital equivalent […]

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