Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.

Upwind Raises $100M to Thwart Cloud Security Vulnerabilities

Michael Novinson • December 2, 2024

With $100 million in Series A funding, Upwind plans to enhance its runtime and AI-powered cloud security platform. CEO Amiram Shachar outlines the company's investments in engineering, customer engagement and scaling solutions to address vulnerabilities such as misconfigurations and insecure APIs.

N-able Strengthens Cybersecurity via $266M Adlumin Purchase

Michael Novinson • November 20, 2024

With Adlumin’s cloud-native XDR and MDR services, N-able consolidates its position as a leader in IT management. Buying the Washington D.C.-based security operations vendor for up to $266 million drives value through AI-powered threat detection and compliance solutions tailored for MSPs.

Data Protection Startup Cyera Raises $300M on $3B Valuation

Michael Novinson • November 20, 2024

Cyera secures $300M in funding from Accel and Sapphire Ventures, doubling its valuation to $3 billion. The company is enhancing its data security platform by integrating DSPM with DLP and identity security capabilities, addressing enterprise demand for comprehensive solutions.

Trustwave, Cybereason Merge to Form an MDR Security Stalwart

Michael Novinson • November 12, 2024

SoftBank-backed merger between Trustwave and Cybereason brings together leading MDR, EDR, DFIR and threat intelligence capabilities. The combined organization aims to improve AI-driven detection and enhance Microsoft E5 support, targeting enterprise, mid-market, and public sector clients worldwide.

Snyk Acquires Probely to Strengthen API Security for AI Apps

Michael Novinson • November 12, 2024

By buying DAST provider Probely, Snyk bolsters its platform with advanced API security testing for early SDLC stages. This acquisition aims to help developers identify and reduce vulnerabilities in AI-driven and API-heavy applications. Full integration into Snyk's platform is slated for early 2025.

Concentric AI Secures $45M Series B to Expand Data Security

Michael Novinson • October 25, 2024

Supported by Top Tier Capital Partners and HarbourVest Partners, Concentric AI’s $45 million Series B funding round will drive product innovation in identity governance, risk monitoring and data breach investigation - critical areas for enterprises seeking resilient data security solutions.

Socket Accelerates Open-Source Security With $40M Series B

Michael Novinson • October 22, 2024

A $40 million Series B investment will support Socket in rapidly scaling its team and product development. Following a 400% revenue increase, the company plans to build on its success by expanding its application security offerings and enterprise support for more programming languages.

AI Powers Cyera’s $162M Buy of Data Security Startup Trail

Michael Novinson • October 17, 2024

With the $162 million buy of Trail Security, Cyera will offer customers AI-enhanced data loss prevention alongside its DSPM solution. The new platform promises stronger, real-time data protection for sensitive information both in motion and at rest, helping enterprises meet security demands.

OpenAI Valuation Nearly Doubles to $157B After $6.6B Funding

Michael Novinson • October 2, 2024

OpenAI’s new $6.6 billion round of funding has nearly doubled its valuation to $157 billion. With investments from Thrive Capital, Microsoft, SoftBank and Nvidia, OpenAI plans to expand its AI research while facing pressures around executive turnover and its transition away from a nonprofit model.

Logpoint Strengthens SIEM by Acquiring Muninn AI-Powered NDR

Michael Novinson • October 1, 2024

Logpoint acquires Muninn to integrate its AI-based NDR technology, enhancing threat detection and response capabilities in its SIEM platform. This move supports Logpoint's mission to defend OT and ICS systems against ransomware attacks by combining visibility from networks and applications.

Startup Torq Secures $70M to Advance Hyperautomation With AI

Michael Novinson • September 24, 2024

With $70 million in fresh capital, Torq is doubling down on its hyperautomation initiatives. The funding will enhance generative AI technologies that streamline security operations and provide autonomous threat investigation, alongside plans for broader U.S. and European market penetration.

Intezer's $33M Series C Funding to Fuel AI, Customer Support

Michael Novinson • September 18, 2024

Norwest Venture Partners led a $33 million Series C round to accelerate Intezer's product development, strengthen AI models and broaden security alert coverage. The funding will enable the New York-based company to offer more support for cloud security while growing its customer success teams.

BlackCloak Raises $17M to Boost Cybersecurity for Executives

Michael Novinson • September 17, 2024

BlackCloak’s $17 million Series B funding round will help the company triple its engineering and product teams, enhancing cybersecurity for executives and high-net-worth individuals. The funding will help BlackCloak address emerging issues such as deepfakes and threat intelligence and modeling.

Mastercard Buys Threat Intel Firm Recorded Future for $2.65B

Michael Novinson • September 12, 2024

Mastercard plans to buy threat intelligence firm Recorded Future for $2.65 billion to enhance cyber resilience and offer greater protection and trust around digital transactions. The deal will enhance Mastercard's identity, fraud prevention services by helping businesses identify and mitigate risk.

New HackerOne CEO Kara Sprague to Expand Beyond Bug Bounties

Michael Novinson • September 3, 2024

HackerOne has tapped F5's longtime product leader as its next chief executive to continue expanding its portfolio beyond operating vulnerability disclosure programs. The firm tasked Kara Sprague with building on existing growth in areas including AI red teaming and penetration testing as a service.

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