Funding

How Will Keepit's $50M Boost Enhance Data Protection and Market Reach?
Security How Will Keepit's $50M Boost Enhance Data Protection and Market Reach?

With the recent announcement that Keepit, a Denmark-based provider of SaaS data protection and backup solutions, has secured an impressive $50 million in additional funding, the company finds itself poised for substantial growth and innovation. This significant financial milestone, bolstered by

Rising Cloud Security Startups Leveraging AI to Combat Emerging Threats
Security Rising Cloud Security Startups Leveraging AI to Combat Emerging Threats

The rapidly evolving landscape of cloud security startups is attracting substantial venture capital interest, driven by the increasing adoption of cloud applications and the need to keep cloud data secure. Market forecasts predict the cloud security market will surge from $43.74 billion in 2024 to

How Will Deloitte's Acquisition of SimplrOps Boost HCM Services?
Industry Insights How Will Deloitte's Acquisition of SimplrOps Boost HCM Services?

In a significant move set to reshape human capital management (HCM) services, Deloitte's acquisition of SimplrOps promises to introduce remarkable advancements. SimplrOps, a boutique SaaS firm known for its proficiency in cloud ERP and HCM operations and implementations, specializes in

Why Did Bench Fail Despite $135 Million in Funding and Cost Cuts?
Industry Insights Why Did Bench Fail Despite $135 Million in Funding and Cost Cuts?

In the volatile world of startups, even substantial funding and strategic cost-cutting measures cannot always ensure success. The downfall of Bench, a Canada-based startup specializing in cloud accounting software for small businesses, serves as a compelling case study in this regard. Despite

SaaS Security Breaches Surge 300%, Urgent Need for Advanced Protection
Industry Insights SaaS Security Breaches Surge 300%, Urgent Need for Advanced Protection

In the rapidly evolving digital landscape, recent research from Obsidian Security has unveiled a staggering 300% increase in security breaches involving Software-as-a-Service (SaaS) platforms from 2023 to 2024. The sharp rise in these breaches presents a major challenge for organizations worldwide,

Strengthening SaaS Security: Strategies for Mid-Market Organizations
Development & Innovation Strengthening SaaS Security: Strategies for Mid-Market Organizations

Managing the complexities of Software as a Service (SaaS) environments can be a formidable challenge, particularly for mid-market organizations that often operate with limited resources. The Cloud Security Alliance (CSA) has published a report commissioned by Wing Security to address these

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