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YL Ventures Cybersecurity Newsletter | May 2024

Getting in early: how security early adopters can change the security landscape

Read on YLV Magazine >>

Israeli tech has the rare ability to bounce back stronger than ever in the face of adversity

Read on CTech >>

Rubrik IPO signals potential cybersecurity-led tech market revival

Read on SC Magazine >>

The death of the CIO

Read on CSO Online >>

Ideating in a saturated cybersecurity market

Read on CTech >>

We're thrilled to introduce our new portfolio company, Miggo Security, and announce their $7.5M seed round led by YL Ventures, with participation from Cyber Club London and an impressive group of security luminaries. Read about their Application Detection and Response platform on Partner Justin Somaini's blog >>

We're looking forward to hosting and participating in several exciting events at RSA:

Events:

ICONs @ RSA - May 6 @ 6:30 PM. RSVP here.
YLV & Portfolio Cocktail Party - May 7 @ 6 PM. RSVP here.
YLV x Battery Cocktail - May 8 @ 5 PM. RSVP here.

Sessions:

"The State of Venture Capital in Cybersecurity" - May 6 @ 8:30 AM, featuring Managing Partner Yoav Leitersdorf and leading industry investors.
Cyber Entrepreneurship Summit - May 6, Partner Justin Somaini will lead a talk titled, "My Journey - CISO to Partner at a VC Firm".
"You Can't Measure Risk" - May 8 @ 2:25 PM, led by Operating Partner Andy Ellis.

Justin Somaini recently joined YL Ventures as a Partner after a 30-year tenure as a CISO at global giants such as Unity, SAP, Yahoo and Symantec. Watch his latest interview to hear his thoughts on the market, security as a culture, why he decided to join YL Ventures and more.

Lastly, we're pleased to welcome Noy Goldstein, Talent Acquisition Lead, to our in-house team!

Read about the industry's first ADR solution on CEO Daniel Shechter's blog.

Read here »

Watch Aim present at the AWS & CrowdStrike Cybersecurity Startup Accelerator's demo day.

Register here »

Gutsy grabbed Startup of the Year honors at the 2024 American Business Awards.

Join Hunters at RSA 2024 for a week filled with activities.

Learn more »

Read Vulcan's latest guide to learn multi-cloud security best practices.

Learn more »

Learn how Karamba's newly released XGuard 3.0 extends its IoT product security suite.

Read here »

V

Melissa Bishop, CISO, Corporate Services, Amazon

"Entrepreneurs often instinctively target only CISOs as the perceived buyer of their product, which is understandable. However, I strongly encourage founders to broaden their audience to include security managers, engineers, and team members in pitches and product discussions. This not only exposes these individuals to innovative technologies and approaches but also benefits startups by generating wider interest and support for POCs or potential investments."

ADR

SIEM

Application Security

Cloud Security

Email Security

Cyber Risk Mgmt

Security Compliance

SIEM

Data Security

by Armis

by Zscaler

by Wiz

YL Ventures funds and supports visionary cybersecurity entrepreneurs from seed to scale to help them evolve transformative ideas into market-leading companies. The firm accelerates company growth with tailored support through its powerful network of Chief Information Security Officers, global industry leaders, and a dedicated team of multidisciplinary experts. Based in Silicon Valley, New York and Tel Aviv, YL Ventures manages five funds with $800M in total AUM. The firm has a track record of seeding cybersecurity unicorns such as Axonius and Orca Security, and its portfolio companies have been successfully acquired by high-profile, global industry leaders including Palo Alto Networks, Microsoft, Okta and Proofpoint. In 2022, YL Ventures ranked 8th out of over 250 venture capital firms in PitchBook’s prestigious Global Manager Performance Score League Tables, and was the only cybersecurity-focused VC to secure a top 10 spot on the list.