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Stock impact report

Vega raises $120M Series B to rethink how enterprises detect cyber threats [TechCrunch]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: TechCrunch
before they can detect threats – a slow and costly process that's increasingly breaking down in cloud environments where volumes are exploding and data lives everywhere. AI cybersecurity startup Vega Security wants to flip that approach by running security where the data already lives, implementing in cloud services, data lakes, and existing storage systems. And the two-year-old firm just raised a $120 million Series B round to scale that vision, TechCrunch has exclusively learned. Led by Accel with participation from Cyberstarts, Redpoint, and CRV, the new round nearly doubles Vega's valuation to $700M and brings its total funding to $185 million, money the startup will use to further develop its AI-native security operations suite, beef out its go-to-market team, and expand globally. Shay Sandler, co-founder and CEO of Vega, told TechCrunch that the current operating model of the SIEM (security information and event management) — the dominant technology in this domain for the Show less Read more
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