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Stock impact report

Sweet Security Raises $33 Million Series A, Upgrades Its Runtime Security Suite to Usher in a New Era for Cloud Security [Yahoo! Finance]

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US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Yahoo! Finance
TEL AVIV, Israel, March 06, 2024 BUSINESS WIRE )--Six months after coming out of stealth, Sweet Security is announcing a $33 million Series A funding round. The round was led by Evolution Equity Partners, joined by Munich Re Ventures and Glilot Capital Partners. Capitalizing on its strong market traction, Sweet, which leverages deep runtime analysis to better identify and address cloud risks, will use the funding to scale up its operations in the U.S. and expand its platform. Sweet is also unveiling enhancements to its unified runtime platform, adding first-to-market capabilities for runtime posture enhancement and runtime non-human identity management. It's Prime Time for Runtime Without runtime visibility and insights, companies simply do not have an applicable way to manage their cloud risks. The recently discovered set of RunC vulnerabilities underscore how easily companies can be caught off guard by new cloud risks and be forced to spend days -- if not weeks -- trying to und Show less Read more
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