Darktrace is dealt $50M, Nozomi nets $30M, HID Global catches Crossmatch: Friday Deal Book for 09/28/2018

OWI’s Friday Deal Book provides you with a weekly roundup of partnerships, funding, and product announcements from across the identity industry. This week, Darktrace’s latest round values it at $1.65 billion, cybersecurity firm Nozomi Networks raises $30 million, HID Global acquires Crossmatch, and additional announcements featuring Amazon, Google, Aiva, Yubico, Apple, Microsoft, and SalesForce.

Cybersecurity firm Darktrace raises $50 million

The Series E round for the cybersecurity provider, based in San Francisco and Cambridge, was led by Vitruvian Partners, with additional support from existing investors KKR and 1011 Ventures. The latest funding values the company at $1.65 billion. Darktrace uses machine learning and user data to detect threats and identify suspicious behaviors. The company’s product, Antigenia, is an automated response solution that takes action against in-progress cyberthreats. Darktrace has boosted staffing by 50 percent over the last year, and plans to reach 1,000 workers next year. [Read more]

Nozomi Networks raises $30 million for industrial cybersecurity

The Series C round was led by Planven Investments, GGV Capital, Lux Capital, Energize Ventures, and THI Investments. Nozomi plans to use the funds to sell its services and expand into new markets. The San Francisco-based cybersecurity company specializes in security for industrial devices in markets including manufacturing, energy and mining. The funding also comes as national security officials have warned that foreign agents, including some from Russia, have targeted America’s infrastructure, including power grids, for potential cybersecurity attacks. [Read more]

HID Global acquires biometric identity provider Crossmatch

Crossmatch offers biometric identity management hardware and software that will complement HID’s portfolio of products and services. In a statement, HID said the acquisition will make it one of the world’s major provider of fingerprint-based biometric solutions. Crossmatch has been in the biometric space for some time, being founded in 1996 and growing to a workforce of more than 270 people after more than two decades in the space. Its solutions are tailored for government, defense and commercial applications, as well as point-of sale terminals. A price for the acquisition was not announced. [Read more]

Google & Amazon both buy into Aiva’s smart speaker tech for health care

Investments by both rival tech companies were both announced this week, from the Google Assistant Investment Program on Monday and Amazon’s Alexa Fund on Thursday. Both parties are interested in Aiva because the company allows patients and seniors to use smart speakers, like Amazon Alexa or Google Home, to stay in contact with health care providers. The amount of funding provided by each company was not disclosed. Aiva is currently piloting its system at Cedars-Sinai Medical Center in Los Angeles. [Read more]

Apple, Salesforce team up in the enterprise

The strategic partnership will see both companies work together on Siri Shortcuts integration, as well as use for Apple Business Chat in iMessage. Salesforce has also pledged to build industry-specific apps for Apple’s iOS platform. In addition, both parties will create a software development kit to make it easier for developers to write apps in Apple’s Swift programming language and deploy them natively on Salesforce’s Lightning platform. Finally, Apple will collaborate on Salesforce’s education platform, Trailhead, including a new training app on iOS and courses to help teach Swift and drive adoption of the SDK. [Read more]

Yubico launches YubiKey 5 Series with support for FIDO2

The launch makes YubiKey 5 the industry’s first multi-protocol security keys supporting FIDO2/WebAuthn. Yubico says the new series of USB keys has the capability to replace password-based authentication with more robust hardware-based authentication. The keys are multi-protocol in design, including FIDO U2F, smart card (PIV), Yubico OTP, OpenPGP, OATH-TOTP, OATH-HOTP, and Challenge-Response, all on a single device, now with FIDO 2 added into the mix. The latest hardware also adds support for NFC-based tap-and-go authentication. [Read more]

Microsoft partners with Adobe, SAP on Open Data Initiative

The new team-up will see the three tech titans attempt to eliminate data silos by creating a single view of customers. The companies said their partnership will help customers better govern their own data, while also supporting privacy and security initiatives. The Open Data Initiative will offer customers a common approach and set of resources. Under the initiative, every organization will own and maintain complete and direct control of their data. Companies will also be able to enable AI-driven business processes to derive insights and intelligence from unified behavioral and operational data. Finally, given the reach of Microsoft, Adobe and SAP, the broad partner ecosystem should make it easier for companies to leverage an open and extensible data model to extend the solution. [Read more]