Latest news with #NotableCapital
Techday NZ
05-08-2025
- Business
- Techday NZ
Echo secures $15 million to cut software vulnerability risks
Echo has raised $15 million in seed funding to advance its approach to managing vulnerabilities in software infrastructure. The Seed round was led by Notable Capital and Hyperwise Ventures, supported by SVCI. Echo's focus is on delivering container base images that are free from vulnerabilities, with artificial intelligence agents deployed to maintain their security on an ongoing basis. The company aims to address the growing challenges in vulnerability management by targeting the foundations of enterprise software, rather than remediation after the fact. Recent research referenced by Echo highlights a 34% increase in vulnerability exploitation and a 61% rise in discovered software vulnerabilities year-over-year, signalling both the growing scale of the issue and the need for solutions that address the underlying causes. Echo's method involves AI-driven processes to analyse, rebuild, and continuously patch open source container images, producing secure versions that replicate the functionality of the original but with fewer potential risks. Reducing remediation time The company reports that its technology has enabled a reduction in vulnerability remediation time from the industry average of up to 120 days to just 24 hours. This is intended to significantly shorten the window in which organisations are exposed to security threats, all while reducing the manual burden typically placed on engineering teams. "Echo was born out of a broken system. Having worked directly with Fortune 500 companies, major banks, and other enterprises on vulnerability management, we've understood that today's tools all encounter the same challenge: As AI accelerates the volume of issues in cloud-native environments, businesses are spending millions on tools that chase and prioritise vulnerabilities rather than solve the root of the problem," said Eilon Elhadad, Co-Founder and CEO of Echo. "Our CVE-free base images enable companies to build applications with a completely clean foundation - and via our AI agents, we make sure they stay that way. We've reduced the typical vulnerability remediation time from a current industry average of up to 120 days, to just 24 hours – a transformative turnaround for enterprises that's reflected in customers' existing scanners and CNAPP platforms." Elhadad and Co-Founder Eylam Milner previously co-founded Argon, a company acquired by Aqua Security for $100 million in 2021, and they bring this background to Echo's solutions in container and cloud security. Industry context Estimates put the vulnerability management market at $17 billion annually, with Echo aiming to help clients save on both direct and indirect costs through its approach. "Vulnerability management is a $17 billion industry. By offering secure-by-design infrastructure, the industry could unlock billions annually – not to mention the downstream cost savings of preventing potential breaches. This is what Echo is championing; a solution that allows businesses the luxury of not thinking about how to manage or mitigate vulnerabilities." said Oren Yunger, Managing Partner at Notable Capital. "We are delighted to support Echo as they grow and continue to innovate in the cloud security space." Echo's product is already being used by companies such as UiPath, where it has contributed to immediate reductions in the workload required to patch software vulnerabilities. "Echo's product is a game changer for us. The vulnerability-free container base images have immediately cut our patching workload, saving us significant time and money," said Scott Roberts, CISO of UiPath. "A recent survey found that 75% of developers spend more than 17 hours per-week on security related tasks, representing a staggering waste of resources and lost opportunities. Echo's solution eliminates the need for labor-intensive vulnerability remediation, solving the problem at its source before our engineering teams have to try and deal with it." FedRAMP compliance facilitation Echo's system also aims to support organisations in meeting compliance requirements, including facilitating a faster pathway to Federal Risk and Authorization Management Program (FedRAMP) accreditation. This is accomplished by using Federal Information Processing Standards (FIPS)-validated images, which are designed to be compatible with existing enterprise environments without the need for major operational changes. According to company statements, the funding will be applied to support the next phase of Echo's growth, building on existing implementations and aiming to further embed its tech within enterprise-scale clients and cloud-based businesses. Follow us on: Share on:
Bloomberg
10-06-2025
- Business
- Bloomberg
Agents Are the Next Wave of AI: Notable's Solomon
Glenn Solomon, managing partner at Notable Capital, says AI agents are filling entry-level roles. Solomon discusses how his firm supports its startups on "Bloomberg Tech" with Caroline Hyde and Ed Ludlow. (Source: Bloomberg)
Yahoo
04-06-2025
- Business
- Yahoo
Aembit Named to Rising in Cyber 2025 List of Top Cybersecurity Startups
SILVER SPRING, Md., June 4, 2025 /PRNewswire/ -- Aembit, the workload identity and access management (IAM) company, today announced its inclusion in Rising in Cyber 2025, an independent list launched by Notable Capital to spotlight the 30 most promising cybersecurity startups shaping the future of security. Unlike traditional rankings, Rising in Cyber 2025 honorees were selected through a multi-stage process grounded in real-world validation. Leading cybersecurity venture firms submitted nominations, and nearly 150 chief information security officers (CISOs) and senior security executives voted on the final list, highlighting the companies solving the most urgent challenges facing today's security teams. Aembit was selected for its Workload IAM Platform – a solution delivering measurable value to security teams navigating today's complex threat landscape. The company joins a cohort that has collectively raised over $7.8 billion according to Pitchbook as of May 2025, and is defining the next era of cybersecurity across key areas like identity, application security, agentic AI, and security operations. "The demand for cybersecurity innovation has never been greater. As the underlying technologies evolve and agentic AI reshapes everything from threat detection to team workflows, we're witnessing a shift from reactive defense to proactive, intelligence-driven operations," said Oren Yunger, managing partner at Notable Capital. "What makes this list special is that it reflects real-world validation – honorees were chosen by CISOs who face these challenges every day. Congratulations to this year's Rising in Cyber companies for building the solutions that modern security leaders truly want and need." In celebration, honorees will be recognized today at the New York Stock Exchange (NYSE) alongside top security leaders and investors. "We're honored to be recognized by the CISOs and security leaders who are shaping the future of this industry," said David Goldschlag, co-founder and CEO of Aembit. "We believe protecting non-human identity is one of the most urgent – and underserved – challenges in cybersecurity, and this validation reflects the growing need to secure access between workloads, such as AI agents and applications, not just users." Aembit's inclusion in Rising in Cyber 2025 builds on an expanding track record of industry recognition, having been named a finalist in the 2024 RSA Innovation Sandbox, selected to the 2024 SINET16, and securing last September $25M in Series A funding to accelerate adoption. Fortune 500 enterprises are increasingly turning to Aembit to move beyond secrets managers and enforce policy-based access between workloads across cloud, SaaS, and hybrid environments. To learn more about Rising in Cyber 2025, users can visit About Aembit Aembit is the leading provider of workload identity and access management solutions, designed to secure non-human identities like applications, AI agents, and service accounts across on-premises, SaaS, cloud, and partner environments. Aembit's no-code platform enables organizations to enforce access policies in real time, ensuring the security and integrity of critical infrastructure. Users can visit and follow them them LinkedIn. About Rising in Cyber Rising in Cyber is an annual list recognizing the most innovative startups in cybersecurity as determined by nearly 150 leading CISOs and cybersecurity executives. Nomination criteria included private, venture-backed companies with a primary product focus on cybersecurity and the U.S. as a primary market. For more information about the honorees, participating investors, and methodology, users can visit About Notable Capital Notable Capital is a global venture capital firm based in the U.S. focused on early-to-growth-stage companies in cloud infrastructure and business and consumer applications. The firm invests primarily in the U.S., Israel, Europe, and Latin America. Notable Capital portfolio companies include Affirm, Airbnb, Anthropic, Brightwheel, Drata, Handshake, HashiCorp, Ibotta, Monte Carlo, Neon, Orca Security, Quince, Slack, Stori, Vercel, and more. Notable Capital is a longtime investor in the global cybersecurity sector. Its investments include Bitsight, Descope, Drata, Gem Security (Acquired by Wiz), HashiCorp ($HCP, Acquired by IBM), Nozomi Networks, Orca Security, Torq, and Vdoo (Acq by JFrog), and more. More information can be found at and @notablecap. Contact CMOApurva DavéAembitinfo@ Image - - View original content to download multimedia: SOURCE Aembit Sign in to access your portfolio
Business Wire
04-06-2025
- Business
- Business Wire
BreachRx Honored as a Top Rising in Cyber 2025 Company by Notable Capital
SAN FRANCISCO--(BUSINESS WIRE)-- BreachRx, provider of the first intelligent incident response management platform designed for the entire enterprise, announced today that it has been named to Rising in Cyber 2025 by Notable Capital. The independent list spotlights the 30 most promising companies solving the most urgent challenges facing today's security teams. 'We built our platform on the belief that incident response should be systematic, orchestrated, and intelligent, not the chaos companies experience today," said Andy Lunsford, CEO and co-founder at BreachRx. Unlike traditional rankings, Rising in Cyber 2025 honorees were selected through a multi-stage process grounded in real-world practitioner validation. Leading cybersecurity venture firms, including HSBC, Morgan Stanley, and Hitch submitted nominations, and nearly 150 Chief Information Security Officers (CISOs) and senior security executives from organizations such as Adobe, Chime, and Kaiser Permanente voted on the final list. BreachRx is part of a peer group that has collectively raised over $7.8 billion according to Pitchbook as of May 2025, and is defining the next era of cybersecurity across key areas like identity, application security, agentic AI, and security operations. In celebration, winners are being recognized today at the New York Stock Exchange. 'Earning a place on Notable Capital's Rising in Cyber list is a powerful endorsement from some of the most influential decision makers in cybersecurity,' said Andy Lunsford, CEO and co-founder at BreachRx. 'We built our platform on the belief that incident response should be systematic, orchestrated, and intelligent, not the chaos companies experience today. This recognition validates our mission to give organizations not just a playbook, but a true command center for navigating today's relentless threat landscape. We're proud to help organizations take control, move faster, collaborate better, and turn every incident into an opportunity for resilience.' The BreachRx platform is a secure, central workspace for every stakeholder across an organization to coordinate and streamline cybersecurity incident response management. It enables real-time, cross-functional collaboration by clearly defining roles, responsibilities, and timelines, ensuring every team member knows exactly what to do and when to do it. The platform reduces costs and increases efficiency by automating the creation of tailored playbooks for any type of incident and reports to track and measure response outcomes for Boards, auditors, and regulators. The Notable Capital led achievement follows a year in which BreachRx achieved more than 3x year-over-year annual recurring revenue (ARR) growth for the second consecutive year. Most recently in May, the company announced the closing of an oversubscribed $15 million Series A funding round, along with the appointment of Ballistic Ventures General Partner and former Mandiant CEO Kevin Mandia to the Board of Directors. BreachRx now serves more than 100 customers, including numerous publicly traded and Fortune 500 companies across financial services, technology, healthcare, and critical infrastructure markets. 'The demand for cybersecurity innovation has never been greater. As the underlying technologies evolve and agentic AI reshapes everything from threat detection to team workflows, we're witnessing a shift from reactive defense to proactive, intelligence-driven operations,' said Oren Yunger, Managing Partner at Notable Capital. 'What makes this list special is that it reflects real-world validation—honorees were chosen by CISOs who face these challenges every day. Congratulations to this year's Rising in Cyber companies for building the solutions that modern security leaders truly want and need.' For more information on BreachRx or to schedule a demo, please visit About BreachRx BreachRx is the first intelligent incident response platform that provides operational resilience for the entire enterprise. Its patented technology brings order to the chaos before, during, and after incidents by automatically generating tailored incident response plans and providing targeted guidance to relevant stakeholders through every step of the process. Integrated privileged communication channels and audit trails ensure compliance with rapidly evolving standards and proactively protect CISOs and executive leadership from personal liability. BreachRx is based in San Francisco and is backed by Ballistic Ventures and SYN Ventures. About Rising in Cyber Rising in Cyber is an annual list recognizing the most innovative startups in cybersecurity as determined by nearly 150 leading CISOs and cybersecurity executives. Nomination criteria included private, venture-backed companies with a primary product focus on cybersecurity and the U.S. as a primary market. For more information about the honorees, participating investors, and methodology, visit
Business Wire
04-06-2025
- Business
- Business Wire
Orca Security Honored in Notable Capital's Rising in Cyber 2025
PORTLAND, Ore.--(BUSINESS WIRE)-- Orca Security, the pioneer of agentless cloud security, announced today that it has been honored by Notable Capital for its Rising in Cyber 2025. The independent list recognizes the most promising companies shaping the future of security in the eyes of Chief Information Security Officers (CISOs), venture capital investors, and other security leaders. Orca's inclusion on Notable Capital's Rising in Cyber 2025 list validates the fact that as organizations look for a best-in-breed cloud security partner, they are turning to Orca in record numbers. Unlike traditional rankings, Rising in Cyber 2025 honorees were selected through a multi-stage process grounded in real-world validation. Leading cybersecurity venture firms submitted nominations, and nearly 150 CISOs and senior security executives voted on the final list, highlighting the companies solving the most urgent challenges facing today's security teams. "It is a privilege to receive this recognition from the Notable Capital community of security leaders for the second consecutive year,' said Gil Geron, Co-Founder and CEO of Orca Security. 'This validates the fact that as organizations look for a best-in-breed cloud security partner, they are turning to Orca in record numbers. Our focus on securing our customers and making them more productive while pushing the boundaries of innovation allows us to move the market forward.' Orca joins a cohort that has collectively raised over $7.8 billion according to Pitchbook as of May 2025, and is defining the next era of cybersecurity across key areas like cloud security, identity, application security, agentic AI, and security operations. 'The demand for cybersecurity innovation has never been greater. As the underlying technologies evolve and agentic AI reshapes everything from threat detection to team workflows, we're witnessing a shift from reactive defense to proactive, intelligence-driven operations,' said Oren Yunger, Managing Partner at Notable Capital. 'What makes this list special is that it reflects real-world validation—honorees were chosen by CISOs who face these challenges every day. Congratulations to this year's Rising in Cyber companies for building the solutions that modern security leaders truly want and need.' In celebration, honorees will be recognized today at the New York Stock Exchange (NYSE) alongside top security leaders and investors. Orca's inclusion on Notable Capital's Rising in Cyber 2025 list closely follows the company's strategic acquisition of Opus to lead the company's next phase: evolving from observation and prioritization to agentic AI-based remediation and prevention. By integrating Opus' talent and expertise, Orca is the first CNAPP to not only identify and prioritize cloud security risks but also remediate and prevent them autonomously, at scale, and with ease. About Orca Security Orca enables organizations to make cloud security a strategic advantage. With the most comprehensive coverage and visibility across multi-cloud environments, the agentless-first Orca Platform unites teams to eliminate complexities, vulnerabilities and risks. Backed by Temasek, CapitalG, ICONIQ Capital, Redpoint Ventures and others, Orca is trusted by hundreds of organizations, including SAP, Gannett, Autodesk, Unity, Lemonade and Digital Turbine. Connect your first account in minutes: or book a personalized demo. About Rising in Cyber Rising in Cyber is an annual list recognizing the most innovative startups in cybersecurity as determined by nearly 150 leading CISOs and cybersecurity executives. Nomination criteria included private, venture-backed companies with a primary product focus on cybersecurity and the U.S. as a primary market. For more information about the honorees, participating investors, and methodology, visit About Notable Capital Notable Capital is a global venture capital firm based in the U.S. focused on early-to-growth-stage companies in cloud infrastructure and business and consumer applications. The firm invests primarily in the U.S., Israel, Europe, and Latin America. Notable Capital portfolio companies include Affirm, Airbnb, Anthropic, Brightwheel, Drata, Handshake, HashiCorp, Ibotta, Monte Carlo, Neon, Orca Security, Quince, Slack, Stori, Vercel, and more. Notable Capital is a longtime investor in the global cybersecurity sector. Its investments include Bitsight, Descope, Drata, Gem Security (Acquired by Wiz), HashiCorp ($HCP, Acquired by IBM), Nozomi Networks, Orca Security, Torq, and Vdoo (Acq by JFrog), and more. More information can be found at and @notablecap.
