Author: Veronica Haggar

  • LinearB Secures $50M in Funding, Increasing Engineering Efficiency by Enabling Developers to Spend More Time Coding

    Round led by Tribe Capital with 83North, Battery Ventures and Salesforce Ventures;
    Company to invest in expansion of global team to automate and optimize developer workflow.

    Los Angeles, USA and Tel Aviv, ISRAEL, May 2, 2022 — LinearB, the engineering efficiency platform, today announced $50 million in Series B financing led by Tribe Capital. Joining Tribe Capital in the round is new investor Salesforce Ventures as well as existing investors Battery Ventures and 83North. Sri Pangulur, partner at Tribe Capital, will join the LinearB board. This round brings total funding for LinearB to $71 million.

    More than 5,000 software development organizations use LinearB as a source for engineering analytics and developer workflow optimization. The engineering efficiency platform correlates data from existing project management, Git, deployment and incident management tools to provide workflow metrics used to optimize the development process. Acknowledging that metrics alone won’t improve development team performance, LinearB helps engineering teams identify automation opportunities that deliver dramatic and sustained improvement.

    Adoption of LinearB has grown dramatically in the past year, from 1,500 development teams to now reaching over 5,000, including many leading companies like Bumble, BigID, Cloudinary, Unbabel and Drata. Part of LinearB’s explosive growth in 2021 was fueled by its free tool, which offers dev teams pipeline metrics in fewer than five minutes.

    “LinearB is already being used by more than 100,000 developers around the world to deliver significant and continuous improvement,” said Sri Pangular, partner at Tribe Capital and LinearB’s newest board member. “The LinearB approach not only provides comprehensive visibility into the development pipeline for engineering leadership, but also enables organizations to achieve and sustain efficiency improvement.”

    “Streamlining data directly to software development teams is the only sustainable way to improve engineering efficiency,” said Alex Kayyal from Salesforce Ventures. “LinearB’s developer-first automation gives every dev team the ability to improve autonomously, without manager involvement. We are excited to partner with LinearB as they scale their workflow automation solution.”

    LinearB will use the Series B funding to scale its engineering team and accelerate the development of its platform. LinearB will also invest in its customer success, sales and marketing teams to amplify its developer-first philosophy to workflow optimization in new markets across the globe.

    “This round of funding expands our group of investors who recognize the vast potential of our developer-first approach to engineering efficiency,” said Ori Keren, CEO and co-founder of LinearB. “If you’re excited about cutting-edge developer tech, we invite you to join us. We’re looking for talented individuals around the world—software engineers and customer success, sales and marketing experts—who want to create a category-defining platform.”

    LinearB user Shuki Levy, a team lead at Jit.io, said, “LinearB automates my non-coding workflows so I have more time to do what I love, build new features. WorkerB has also sped up collaboration between developers to get our code merged faster. It’s one of my favorite tools.”

    Vice President of Research Jon Collins at GigaOM said, “We believe LinearB’s developer-first, automation-driven approach to workflow improvement offers a powerful way to improve value stream metrics. As this market continues to mature from engineering efficiency to business effectiveness, we are excited to see how ML-driven developer workflow optimization enhances how software development teams deliver value to their organizations.”

    Visit https://linearb.io/careers/ to learn more about career opportunities at LinearB.

    Recent LinearB Metrics and Milestones

    Engineering organizations that use LinearB to automate development workflows see an average increase of 64% in speed of deployment over 120 days. This level of sustained improvement has led to an over 5x increase in sales since 2021.

    “We’re not just building a tool that helps dev teams, we’re creating a community of engineering leaders that want to improve the way software development happens,” said Dan Lines, co-founder and COO of LinearB, and host of the Dev Interrupted podcast.

    Dev Interrupted, is the premiere community for software engineering leadership, consisting of a podcast that gets 2,000+ downloads a week and a Discord Community of 2,100+ engineering leaders and a bi-annual conference, INTERACT, that welcomed 1,700+ engineering leaders from 95 countries at its latest event. Visit https://devinterrupted.com/ to discover the new faces of engineering leadership.

    About LinearB
    Don’t stop at “data-driven insights.” LinearB is an engineering efficiency tool that correlates data across your tools to identify bottlenecks and automate developer workflow optimization. This developer-first approach to automating engineering improvement uses data as the foundation for creating autonomous, self-improving dev teams. Engineering organizations use LinearB to reduce cycle time, improve planning accuracy and ensure on-time value delivery.

  • Rabobank Counters Growing Ransomware Menace with Cloudian Object Storage

    Cloudian S3 Object Lock makes data immutable, ensuring quick and easy recovery without paying ransom 

    San Mateo, CA, April 6, 2022 — Cloudian® today announced that Rabobank, a Dutch multinational banking and financial services company, has deployed Cloudian object storage as part of its multi-layered protection solution against ransomware attacks. In conjunction with Veeam backup software, Cloudian’s S3 Object Lock solution enables Rabobank to make backup data copies immutable and, therefore, impervious to encryption or deletion by cybercriminals. This data immutability—validated in U.S. government certification testing*—ensures quick, reliable recovery in the event of a ransomware attack.

    Moving from Scale-up to Scale-out Storage 

    Founded 125 years ago, Rabobank is a cooperative bank headquartered in the Netherlands that offers private and commercial customers a wide variety of financial products in areas, including real estate, mortgage, and leasing solutions. The bank is a global leader in food and agriculture financing as well as sustainability-orientated banking, with 43,000 employees across 38 countries.

    In mid-2020, Rabobank deployed the first step in its layered protection against ransomware attacks. The bank had become concerned that traditional backup target storage solutions were vulnerable to this growing threat and set out to methodically build robust defense and recovery across the full stack. This led to the company ultimately looking for a scale-out object storage solution with data immutability.

    Rabobank stores in excess of 10.5 PB of backup data from its European entities, a figure growing 25% annually. Key requirements for this backup pool included scalability in both capacity and performance. Capacity scalability was essential to accommodate growing data volumes. Performance was important to meet backup RTO and RPO objectives as the Veeam data being processed would create significant input/output load that would grow over time. Scalable processing power was also important to manage data immutability for the two billion-plus objects that would routinely be created and later deleted as backups naturally expired.

    “For this reason we focused in quickly on the Cloudian scale-out solution. With its peer-to-peer architecture, each addition of a new Cloudian node increases the system’s performance and processing power,” said Colin Chatelier, manager of Storage Services Europe, Rabobank. “We also conducted a proof-of-concept, empirically and functionally comparing Cloudian to other solutions using production backups and were impressed with the results. In contrast to others that took weeks to set up, the Cloudian system was up and running in a day. It integrated seamlessly with Veeam, performance was as good as or better than the others and security ticked all the boxes.”

    Rabobank deployed Cloudian’s HyperStore object storage with S3 Object Lock at their two European data centers. In addition to providing data immutability, HyperStore locks down privileged (root) access to the systems that host the data so that no one can compromise that immutability. Implementing on Cloudian appliances was seen as a distinct advantage as it technically separated the “fail-safe copy” from the standard infrastructure, which might already be compromised in the event of a successful ransomware attack. HyperStore also protects data with encryption in flight and at rest, integrated firewall, RBAC/IAM and SAML access controls, and certification with the most rigorous regulatory requirements, including Common Criteria, FIPS and SEC Rule 17a-4(f).

    Comprehensive Ransomware Protection and Full Data Control

    Rabobank has been pleased with the Cloudian solution and the experience of working with the Cloudian team.

    “The biggest benefit has been peace of mind,” said Chatelier. “We’ve commissioned penetration testing and haven’t been able to break into the Cloudian cluster, nor affect the data immutability. It’s also implemented within our automated backup workflow, so it’s easy to manage. When issues do arise, as happens with any solution, Cloudian has been extremely responsive, including delivering new reporting and security features we’ve requested.”

    The Cloudian solution is part of a broader ransomware protection framework Chatelier is spearheading. He and his team have built a “clean room” for managing data restoration and malware removal, leveraging VMware and Cisco technologies.

    “We know there will always be a suggestion to use the public cloud for ransomware protection,” said Chatelier. “While public cloud backups are well-suited for cloud-based data, they are not ideal for on-prem data. Recovering from the cloud back to on-prem for these volumes in the time and manner that we need simply wouldn’t be possible. Furthermore, building a clean room in the public cloud for the purpose of recovering your on-prem systems has an obvious flaw—your ability to even reach the cloud may already be compromised by the attack.”

    Moving forward, Rabobank expects to expand the Cloudian solution in Oceania and the Americas.

    “Immutable backups are a company’s last-chance insurance policy,” said Chatelier. “If we invoke them, then they simply must succeed, so trust and partnership with our key vendors is priceless. At this time more than all others, we need our vendors to be true partners, to be there if we need them, and Cloudian has demonstrated this through the level of commitment and flexibility it has shown from the PoC to implementation.”

    About Cloudian 

    Cloudian is the leader in data management software for the hybrid cloud. With military-grade security, limitless scalability and seamless cloud integration, Cloudian’s S3-compatible object storage lets users optimize data access, meet data sovereignty requirements and cut costs by consolidating information to a single, cloud-like platform. Cloudian’s geo-distributed architecture manages and protects object and file data at the edge, core, and in the cloud—for both conventional and modern applications. More at cloudian.com. 

  • BeyondTrust Announces CEO Transition

    • Janine Seebeck promoted to CEO and Matt Dircks appointed Executive Board Chair, effective July 1, 2022
    • Joost Rutten joins BeyondTrust as Chief Financial Officer

    Atlanta, GA, April 6, 2022 — BeyondTrust, the leader in intelligent identity and access security, announced today that Matt Dircks is retiring as CEO to become Executive Chair of the Board of Directors, and Janine Seebeck, current COO and CFO, will be promoted to CEO effective July 1, 2022. These changes are part of BeyondTrust’s ongoing succession planning process, and they will enable the company to build upon its market leadership, continue its accelerated growth, and capitalize on investments made in product innovation.

    Dircks became CEO of BeyondTrust, formerly Bomgar, in 2014. Since that time, BeyondTrust has grown from a single-product company with 250 employees to a high-velocity leader in identity and access security with a robust solution portfolio, more than 1,300 employees, and 20,000 customers worldwide. Seebeck joined BeyondTrust in November of 2016 as its Chief Financial Officer and was promoted to Chief Operating Officer and Chief Financial Officer in October 2020.

    Dircks and Seebeck have developed a strong partnership during their six years together and have worked with the organization to create a lasting vision, mission, culture and strategy. BeyondTrust’s success during that time includes acquiring and integrating three companies, delivering consistently profitable growth, and accelerating recurring revenue to more than 70% of total revenue in 2021, with greater than 25% YoY ARR growth and 80% YoY subscription ARR growth.

    “I am very proud of the incredible growth and sustained success BeyondTrust has achieved since I joined the business eight years ago,” says Dircks. “We have built a tremendously talented and dedicated team at BeyondTrust, and Janine has played a critical role in developing and executing our growth strategy. I have never been more optimistic about BeyondTrust’s future, and I am completely confident that Janine is the right person to lead the company and realize its full potential in the future.”

    Prior to her time at BeyondTrust, Seebeck served as Chief Financial Officer of Agilysys, and Vice President of Finance, Asia Pacific, at PGi. Seebeck was recently recognized as one of the “Top 25 Women in PE-Backed Software Companies.”

    “As CEO, I look forward to building upon the foundation Matt has laid to ensure BeyondTrust continues to lead the way in intelligent identity and access security,” says Seebeck. “I believe strongly in the potential of our global team to help our customers solve relevant and complex problems, and further our mission to protect identities, stop threats, and deliver dynamic access to empower and secure a work-from-anywhere world. I’m committed to our long-term growth in all areas as well as the Core Values that are so central to BeyondTrust.”

    “Matt’s passion for the BeyondTrust culture and dedication to employees, customers, and partners has been essential in the company’s success. The company has grown more than five-fold under his leadership, and we know he will bring the same passion to his new role as Executive Chair,” said Brian Decker, Partner at Francisco Partners.

    Prashant Mehrotra, Partner at Clearlake Capital, added, “Janine has been an integral part of the success of BeyondTrust, and her partnership with the leadership team and Board make her the ideal choice to become CEO. Janine has the vision, skills, experience and leadership capabilities to build on BeyondTrust’s strong foundation, and we’re excited to see her lead the team to the next level.”

    As part of the transition, Joost Rutten has joined BeyondTrust as Chief Financial Officer. Most recently, Joost was CFO at PowerPlan where he was responsible for running the accounting, FP&A, financial operations, and legal functions at the company. Prior to joining PowerPlan, he was the CFO at Liaison Technologies and held strategic leadership positions at several other organizations including SAP SuccessFactors. As Division CFO at SAP SuccessFactors, Joost was responsible for leading and managing the finance team and managing the global profit and loss statement.

    About BeyondTrust

    BeyondTrust is the worldwide leader in intelligent identity and access security, empowering organizations to protect identities, stop threats, and deliver dynamic access to empower and secure a work-from-anywhere world. Our integrated products and platform offer the industry’s most advanced privileged access management (PAM) solution, enabling organizations to quickly shrink their attack surface across traditional, cloud and hybrid environments.

    BeyondTrust protects all privileged identities, access, and endpoints across your IT environment from security threats, while creating a superior user experience and operational efficiencies. With a heritage of innovation and a staunch commitment to customers, BeyondTrust solutions are easy to deploy, manage, and scale as businesses evolve. We are trusted by 20,000 customers, including 75 of the Fortune 100, and a global partner network. Learn more at www.beyondtrust.com.

  • Opsera Hires Patrick Boyle and Chris Lansing to Support Rapid Growth of Enterprise Sales for No-code DevOps Orchestration

    Expansion of sales leadership team supports Opsera’s momentum and enterprise adoption 

    San Francisco, CA April 6, 2022 — Opsera, the Continuous Orchestration platform for DevOps, today announced it has hired Patrick Boyle as VP of Global Sales and Chris Lansing as RVP, Head of Sales Americas. Boyle and Lansing bring decades of enterprise B2B tech sales experience and will be responsible for driving the next stage of Opsera’s growth as its no-code DevOps orchestration platform continues to gain momentum in the enterprise.

    Boyle brings strong sales leadership experience and was most recently RVP of sales at Copado and prior held sales leadership roles at AutoRABIT and Flosum. Lansing was most recently RVP of sales at Copado serving the media, communications and telecom industries. He previously served as an account director at Keysight Technologies and Eggplant. Together, Boyle and Lansing bring deep experience in enterprise sales for B2B technology startups. They will use their combined expertise to chart strategic sales strategies for Opsera during a pivotal time for the company as it rapidly scales. Boyle and Lansing will be responsible for helping Opsera to exceed its fiscal year 2022 sales goals, a track on which the company is already on.

    “Leading enterprise sales for SaaS and DevOps startups has been a passion of mine for many years and I look forward to continuing this passion at Opsera,” said Boyle. “In my experience selling DevOps solutions to Salesforce development teams, I’ve seen gaps that need to be filled and Opsera fills these gaps and more. I believe Opsera’s no-code DevOps orchestration platform is the solution enterprises need to manage not just Salesforce deployments, but to tame the complexity of all CI/CD pipelines. I’m excited to support Opsera’s growing success.”

    “I could not think of a more exciting time to join Opsera,” said Lansing. “This is a fast-paced and fast-growing company and I look forward to contributing to their already impressive and expanding track record of success. I strongly believe in low code/no code DevOps as the greatest impact to enterprises now, and in the near future 70% of all apps will be built by low code apps by 2025. I want to work tirelessly to make more companies realize the power of this platform.”

    “We are thrilled to welcome Patrick and Chris to the Opsera team,” said Chandra Ranganathan, co-founder and CEO of Opsera. “Opsera is rapidly growing and we are experiencing unprecedented demand for no-code DevOps orchestration in the enterprise. Patrick and Chris join us at a pivotal time to support this next phase of growth and we are excited to continue to build momentum with them on board.”

    Opsera offers the industry’s first no-code DevOps orchestration platform that provisions engineering teams’ choice of CI/CD tools from a common architectural framework and builds declarative pipelines for a variety of use cases including SDLC, Infrastructure as Code, and release automation for SaaS applications such as Salesforce, Snowflake, Adobe Experience Manager (AEM), etc. Opsera simplifies the set-up, use, and management of commercial and open-source tools across the DevOps ecosystem to correlate and unify data to provide contextualized diagnostics, metrics and actionable insights.

    Schedule a demo to see Opsera in action: https://www.opsera.io/schedule-a-demo 

    About Opsera
    Opsera is the first Continuous Orchestration platform for next-gen DevOps that enables choice, automation, and intelligence across the entire software life cycle. It offers simple, self-service toolchain integrations, drag-and-drop pipelines, and unified insights. With Continuous Orchestration, development teams can use the tools they want, operations teams gain improved efficiency, and business leaders have unparalleled visibility. Opsera believes DevOps has transformed from an aspiration to a practical science, and Continuous Orchestration is the future to help organizations accelerate DevOps adoption and reach peak innovation velocity.

  • Gaviti Raises $9 Million in Series A After Helping Clients Collect $6.2B in Account Receivables in 2021

    FinTech startup Gaviti helps companies recoup outstanding receivables with their automated platform. “In 2021, our clients recovered $6.2 billion in A/R Receivables by streamlining an otherwise tedious process,” said Yan Lazarev, Co-founder & CEO of Gaviti.

    Tel Aviv, ISRAEL, April 5, 2022 – Gaviti, an automation system designed to help companies collect and manage client invoices, announced the closing of a $9 million Series A funding led by UK-based Flashpoint with participation by Moneta VC, North First Ventures, TAU Ventures, and LETA Capital. Their platform helps companies utilize a user-focused application to manage their collections process and open a vital cash flow artery that is otherwise blocked by many hands-on steps.

    Receivables are the lifeline of any company. Yet, the process for B2B businesses to collect outstanding receivables demands a tedious process and company resources. Accounts receivable departments lack an effective software solution that focuses on their needs. Similar to how sales teams have CRMs to manage communication and sales processes, Gaviti offers these same capabilities to collections professionals with follow-up and workflow tools.

    By automating the Accounts Receivable collections with a first-of-its-kind purpose-built solution, departments can accelerate the collections process, reducing stress on accounting while boosting cash flow. “This is a problem all companies face, yet none of them have cracked how to address it without applying pressure on teams and customers,” said Yan Lazarev, Co-founder and CEO of Gaviti. “Our clients lowered the number of overdue receivables by 35%, due to the automation of otherwise inefficient manual processes.”

    Taking a unique approach, Lazarev and his co-founder and CTO, Alex Komarovsky, developed Gaviti to be the only company to integrate with existing ERPs using a single universal language harmoniously. This allows for a quick onboarding process for new adopters and will enable teams to quickly begin seeing a return on their investment shortly after implementing this new software.

    These funds will be used to expand Gaviti’s services. “Our main goal continues to be synchronizing with organizations to streamline this once time-consuming process,” said Komarovsky. “This series of funding will allow us to continue expanding and creating new features that will improve this new streamlined collections process.”

    “We are very excited to partner with Gaviti, who provides businesses with global payment options,” said Alexander Konoplyasty, Managing Partner at Flashpoint Venture Capital. “With our contribution, Gaviti will help hundreds of companies go global, increase revenues and reduce overall costs. We have been following their journey for some time, and strongly believe in the company’s success.”

    About Gaviti

    Gaviti is the leader in automated A/R collections for large and medium enterprises that creates a more efficient collection procedure and increases company cash flow. Gaviti’s automated A/R collections platform streamlines workflow for accounts receivables, creating better communication with customers, reducing reserves, and improving DSO by 30%. The Gaviti SaaS platform can integrate with any company ERP system and easily adapts to company workflow, allowing customers to integrate the same financial system with the Gaviti platform.

    About Flashpoint

    Flashpoint is an international investment group с. US$500m AuM. Flashpoint manages six venture funds: four VC funds, a Venture Debt Fund, and a Secondary Fund. Investors in Flashpoint’s funds include more than 120 major family offices and HNWIs. The company has offices in London, Tel-Aviv, Budapest, Warsaw, Riga, and Nicosia. The funds have made investments in over 50 companies, including names such as Guesty, Chili Piper, IVI, and Borzo (Dostavista). Flashpoint has completed ten exits, including the sale of its stakes in Shazam (to Apple) and Chess.com (to PokerStars founders and General Atlantic).

  • Airgap Networks Announces $13.4M Series A Funding to Deliver an Industry-First Ransomware Kill Switch™

    Pent-up demand for a credible ransomware protection solution has driven Airgap’s exponential growth over the last 9 months

    Santa Clara, CA, April 5, 2022 — Airgap Networks, today announced the closing of a $13.4M Series A funding round. Storm Ventures led with support from all existing investors, including Cervin Ventures, Engineering Capital, and Sorenson Ventures. In addition, individual investors Manoj Apte, Josh Leslie, Anuj Kapur, and Robert Tinker also participated. To date, Airgap has raised a total of $18.6M.

    “Pent-up demand for a credible ransomware protection solution has driven Airgap’s exponential growth over the last 9 months,” said Ritesh Agrawal, Chief Executive Officer at Airgap. Recent wins include Fortune 500 enterprises in manufacturing, healthcare and pharma, insurance, and public sector agencies. Cyberattacks have repeatedly exploited lateral movement to inflict destructive harm and exfiltrate data.

    The ability for a bad actor to easily navigate an organization’s network is a fundamental flaw that remains unaddressed by existing vendors. Solutions today offer piecemeal protection for endpoints that need to be retrofitted with agents, require APIs across mission-critical infrastructure, or entail a complete overhaul of enterprise networking assets. Airgap has created the world’s first frictionless, agentless, universal segmentation solution optimized for IT, OT, and Cloud deployments while maximizing the value of existing infrastructure.

    A single pane of glass for visibility and management guarantees lower operating expense, improved agility, and the ability for NetOps and SecOps staff to focus on more value-added support for lines of business. Airgap’s Zero Trust Segmentation Platform™ has been developed over the last three years by an all-star team of security and networking experts. The patented solution can be deployed within minutes providing customers immediate benefit and creating a roadmap for a comprehensive Zero Trust defense architecture.

    Ransomware breaches are an inevitable reality in today’s environment. The classic approach of shutting down networking infrastructure to protect critical assets has a material impact, made more acute in the current supply-constrained environment. In contrast, Airgap’s patented Ransomware Kill Switch™ is a surgical incident response to ransomware attacks and stops the spread of ransomware without loss of business productivity.

    “We are thrilled to lead Airgap’s Series A investment round as it blazes the trail for innovation in mitigating cybercrime and quickly takes the necessary action to stop nefarious actors,” said Arun Penmetsa, Partner at Storm Ventures.

    “We are delighted to continue investing in Airgap, said Shirish Sathaye, General Partner at Cervin Ventures. “We were one of the first firms to invest, and we are excited to watch their growth as they build out new products that mitigate ransomware attacks in innovative ways.”

    About Airgap
    Based in Santa Clara, CA, Airgap Networks delivers an Agentless Zero Trust Segmentation platform with a patented Ransomware Kill Switch™ that is the most potent response against ransomware threats. To learn more about Airgap and its offerings, please contact info@airgap.io.

  • Moogsoft Pushes the Bounds of AIOps With New Features and Integrations

    AIOps leader advances technology with enhancements to accelerate incident response and new reporting and analytics capabilities

    San Francisco, CA April 5, 2022 — Moogsoft, the AIOps pioneer and leader, today announced new product features and enhancements that expand integration capabilities, improve the user experience, and provide customers with actionable insights within days of implementation.

    More than half (54%) of CIOs found a skills shortage to be the largest hindrance to AI solution implementation, according to Gartner. Moogsoft enhanced its user experience to close this skills gap and make AIOps solutions applicable to ITOps, SREs, DevOps and Application Teams.

    Moogsoft celebrates 10 years in business this quarter, marking a decade of work that has resulted in the company leading AIOps into the mainstream technology category. In addition to significant company and customer growth, Moogsoft platform enhancements solidify the company as an industry leader and innovator.

    “Customers are moving fast as they adapt to the new digital world.  But we know that this introduces complexity when you have a mixture of old and new. This is why Moogsoft provides a domain-agnostic AIOps platform that helps keep strategic transformation initiatives on track with minimal disruption to the organization.” said John Haley, VP of product and market strategy.

    The latest feature benefits and enhancements include:

    Enhancements to service collaboration

    • Insights dashboard: Insights, the newest analytics and reporting dashboard, gives users a high-level view of the incident management lifecycle through historical data and business services trends.

    • Advanced ServiceNow integration: Improved usability with ServiceNow through advanced bi-directional capabilities,  maintenance windows and related CIs.

    User experience enhancements and automation

    • Webhook enhancements: Amplified customization for incident API’s by linking to webhooks to further automate workflow and outbound integration.

    • Improved filters for incidents and alerts: Grid Filtering improves the UI by allowing views based on a user’s priorities, from application management to incident severity.

    • Single Sign-On: Improved configuration of Azure Active Directory for Single Sign-On (SSO) authentication for users outside of central IT teams to DevOps and SRE teams.

    • New user onboarding improvements: To quickly show Moogsoft’s value to new users, an updated, intuitive flow is presented for ingesting data and turning alerts into actionable insights.

    For more information about Moogsoft and its latest feature updates, please visit www.moogsoft.com.

    About Moogsoft

    Moogsoft is the AIOps pioneer and leader delivering the most advanced domain-agnostic platform that enables DevOps, SRE, and ITOps teams to detect incidents early, know what’s wrong, and fix things faster. Backed by a team with decades of deep domain experience and 41 granted patents, with a further 31 pending, Moogsoft continues to innovate. Founded in 2012, Moogsoft has more than 150  customers worldwide including American Airlines, Fannie Mae, Fiserv, HCL Technologies, Uber and Yahoo.

    Moogsoft® and the Moogsoft logo are proprietary trademarks of Moogsoft Inc. All other products or names may be trademarks of their respective companies.

  • SmartBear Acquires Pactflow Delivering First Key Milestone in Defining Next Generation API Development Platform 

    Acquisition of Pactflow contract testing platform to ensure standardization and governance for APIs and microservices as SmartBear defines API dev lifecycle 

    Somerville, MA, April 5, 2022 – SmartBear, a leading provider of software development and quality tools, announced today that it is entering into a definitive agreement with DiUS, an Australian technology consultancy, to acquire the leading global contract testing collaboration platform, Pactflow, advancing their next-generation API development platform.

    The addition of Pactflow and its companion open source project, Pact, within the SmartBear API Developer Platform solves the complex challenges of testing microservices and API integrations that companies face as they accelerate cloud-native application development and digital initiatives. This next-generation platform solution allows organizations to deliver the enhanced digital experience that their customers have come to expect.

    “We are thrilled to add Pactflow and open source software, Pact, to the SmartBear API Development Platform, providing developers with a critical emerging capability to speed up API development and deliver high-quality services,” said Frank Roe, CEO of SmartBear. “As organizations move quickly to digitally transform, SmartBear, with the addition of Pactflow, will drive even greater value to our customers, ensuring we continue to meet organizations wherever they are in their software development and API journey.”

    “We could not be more excited to join the SmartBear team,” said Matt Fellows, co-founder of Pactflow. “There is a great synergy with the multi-protocol approach SmartBear has taken with their API tools and Pactflow’s contract testing, especially where customers are driving for more integrity in their microservices architectures. This, coupled with our joint commitment to open source, positions SmartBear and Pactflow customers well for the future.”

    “Organizations are asking for a platform that supports the complete API lifecycle in a seamless, multi-protocol developer experience,” said Dan Faulkner, Chief Product Officer at SmartBear. “The addition of Pactflow contract testing capabilities represents a key milestone in our vision to deliver that platform, all with a focus on reusability and accelerated time-to-market through the CI/CD pipeline.”

    Thousands of teams use SmartBear API lifecycle solutions to manage and bring high-quality applications to market faster. The addition of Pactflow to the SmartBear API Developer Platform builds on the growing utilization of SwaggerHub, Swagger OSS, and ReadyAPI, providing developers with a common UX to design or discover existing APIs, standardize, virtualize, and test, regardless of protocol.

    The next-generation platform will be closely tailored to developer workflows, adding efficiencies while simultaneously allowing greater standardization and governance. The offering will initially integrate the company’s existing API developer toolkit while rapidly extending capabilities to comprehensively support and enhance deliverables and handoffs across the API lifecycle.

    For more information on SmartBear and its API Lifecycle Management solutions, visit: https://smartbear.com/blog/the-smartbear-api-platform/

    About DiUS

    DiUS is an Australian technology consultancy with leading capabilities in digital transformation and product development. Our 150+ people across Australia and New Zealand leverage specialist expertise in cloud, data, application development, experience design, Internet of Things, and Machine Learning. We develop innovative solutions for startups and enterprises to solve difficult problems, get new ideas to market or disrupt traditional business models and build our own startup businesses to solve problems in a really new way. Visit us at www.dius.com.au.

    About SmartBear
    At SmartBear, we focus on your one priority that never changes: quality. We know delivering quality software over and over is complicated. So our tools are built to streamline your DevOps processes while seamlessly working with the products you use – and will use. Whether it’s TestComplete, Swagger, Cucumber, ReadyAPI, Zephyr, Bugsnag, or one of our other tools, we span from test automation, API lifecycle, collaboration, performance testing, test management, app stability and error monitoring, and more. Whichever you need, they’re easy to try, easy to buy, and easy to integrate. We’re used by 16 million developers, testers, and operations engineers at 32,000+ organizations – including world-renowned innovators like Adobe, JetBlue, FedEx, and Microsoft. Wherever you’re going, we’ll help you get there. Learn more at smartbear.com, or follow us on LinkedIn, Twitter, or Facebook.

  • Ermetic Receives Strategic Investment from Splunk Ventures

    BOSTON and TEL AVIV, March 31, 2022 — Ermetic, a leading cloud infrastructure security company, today announced Splunk Ventures as a strategic investor. Splunk Ventures is the corporate venture capital arm of Splunk Inc., the data platform leader for security and observability, which plans to work with Ermetic to build a partnership to further help customers solve security challenges in multi-cloud infrastructure environments.

    This follows Ermetic’s recent $70M Series B round of financing led by Qumra Capital with support from new investor Forgepoint Capital and participation from existing investors Accel, Glilot Capital Partners, Norwest Venture Partners and Target Global. The company has now raised $100M in funding for its security platform that provides holistic multi-cloud protection for global enterprise customers.

    “We are pleased to welcome Splunk Ventures as a strategic investor in Ermetic and share their commitment to helping customers secure their cloud infrastructures,” said Shai Morag, CEO of Ermetic. “The amount of data that needs to be analyzed and acted upon to protect cloud resources from risks associated with entitlements and misconfigurations is growing at an exponential rate. We look forward to working with Splunk to help joint customers solve these problems.”

    This strategic investment from Splunk Ventures will help Ermetic extend the capabilities of its integrated cloud infrastructure entitlement management (CIEM) and cloud security posture management (CSPM) platform to meet current and emerging customer needs. The company will also work with Splunk to deepen their product integration and partnership to increase customer value.

    “We share Ermetic’s vision for securing complex cloud infrastructures by exposing and remediating risks hidden in massive amounts of policy and activity data,” said Varoon Bhagat, vice president of Corporate Development for Splunk. “Ermetic’s identity-first approach to cloud security is a natural fit for Splunk Ventures, which invests in innovative companies that complement Splunk’s extensible data platform and maximize value for our joint customers.”

    Ermetic has developed a comprehensive cloud security platform for AWS, Azure and GCP that enables organizations to proactively reduce their attack surface, detect threats and reduce their blast radius in case of a breach. It provides everything from full-stack visibility and actionable risk intelligence, to automated remediation, real-time anomaly detection and compliance.

    About Ermetic
    Ermetic helps prevent breaches by reducing the attack surface of cloud infrastructure and enforcing least privilege at scale in the most complex environments. The Ermetic SaaS platform provides comprehensive cloud security for AWS, Azure and GCP that spans both cloud infrastructure entitlements management (CIEM) and cloud security posture management (CSPM). The company is led by proven technology entrepreneurs whose previous companies have been acquired by Microsoft, Palo Alto Networks and others. Ermetic has received funding from Accel, Forgepoint, Glilot Capital Partners, Norwest Venture Partners, Qumra and Target Global. Visit us at https://ermetic.com/ and follow us on LinkedIn, Twitter and Facebook.

  • The OpenNMS Group Releases OpenNMS Meridian 2022 with Enhanced Network Monitoring and Security Capabilities

    Updates to Meridian 2022 underscore OpenNMS’ commitment to security and investment in ongoing penetration testing efforts  

    Raleigh, NC, March 31, 2022  – The OpenNMS Group, Inc., a subsidiary of NantHealth, Inc. (NASDAQ: NH), today announced the release of OpenNMS Meridian 2022. With this next major release, the fully open source Meridian product, which is the optimized and stable version of the OpenNMS platform curated by The OpenNMS Group for production environments, now features enhanced security among other improvements.

    “As a leading open source network monitoring platform leveraged by some of the largest companies across all industry sectors, OpenNMS is dedicated to delivering a first-class enterprise solution that can be securely deployed to meet the security and compliance requirements these organizations demand,” said David Hustace, CEO of The OpenNMS Group. “Our investment in cybersecurity risk assessments and penetration testing for our products further demonstrates this commitment. We are proud to release this new version of Meridian and continue our mission of providing best-in-class, open source network monitoring for our customers.”  

    Major updates to Meridian include:   

    • Improved security by removing requirements for privileged access. Running as a non-root user limits the potential access that malicious code can gain to system resources, thereby reducing risk in the event of a system compromise. 
    • Improved analytics through enhanced flow processing. Updates to the NetFlow component allow users to add business metadata to flow records. This update also enables Meridian 2022 to classify network conversation data at speeds up to 30x faster than in previous releases. 
    • Simplified Minion communication. Minions now communicate with the Meridian core simply via the message broker, no longer requiring access to the core REST API. This single communication simplifies securing the Meridian platform and supporting firewalls policies.  
    • Enhanced geolocation with IP addresses. Users can now specify and/or query a node’s location using its IP address with the new GeoIP provisioning adapter. 
    • An expanded set of REST APIs. Users can integrate Meridian with their internal systems and customize it to fit their business needs and goals. APIs have full documentation in compliance with OpenAPI/Swagger. 

    Meridian is a subscription-based platform that includes the most stable and secure features from Horizon, OpenNMS’ community-driven distribution. The platform features inventory, performance, fault, and traffic management, business service monitoring, remote data collection, BGP Monitoring Protocol (BMP) support, and application perspective monitoring. Known for its reliability, adaptability, and scalability, Meridian allows users to customize the platform so it fits the unique needs of their business. A new major version of Meridian is released annually and updates are issued monthly, to maximize the platform’s value and minimize the effort required to maintain it. 

    OpenNMS has adopted penetration testing as a key aspect of our development and release processes for both the current products and forthcoming cloud services. In addition, The OpenNMS Group is improving its processes to align with the ISO 27001 security framework. This will help to ensure that the appropriate people, processes, and technologies are in place to assess cybersecurity risks and implement the measures necessary to protect, remediate, or recover from those risk events. The OpenNMS Group is also working towards becoming part of the Common Vulnerabilities and Exposures (CVE) system’s Numbering Authorities (CNA) program to augment its CVE reporting capabilities. 

    For more information about OpenNMS Meridian 2022, please visit: https://www.opennms.com/meridian-2022/.  

    About OpenNMS 

    Based in Morrisville, NC, OpenNMS provides a highly reliable, scalable and comprehensive fault, performance and traffic monitoring solution that easily integrates with business applications and workflows to monitor and visualize everything in a network. The OpenNMS platform monitors some of the largest networks in existence, covering the healthcare, technology, finance, government, education, retail and industrial sectors, many with tens of thousands of networked devices. OpenNMS users include five of the top twenty companies on the Fortune 100, as well as multiple large and multi-state health providers and one of the largest electronic medical record providers in the United States. For more information, visit https://www.opennms.com/.  

    About NantHealth, Inc.

    NantHealth, a member of the NantWorks ecosystem of companies, provides enterprise solutions that help businesses transform complex data into actionable insights. By offering efficient ways to move, interpret and visualize complex and highly sensitive information, NantHealth enables customers in healthcare, life sciences, logistics, telecommunications and other industries to automate, understand and act on data while keeping it secure and scalable. NantHealth’s product portfolio comprises the latest technology in payer/provider collaboration platforms for real-time coverage decision support (Eviti and NaviNet), and data solutions that provide multi-data analysis, reporting and professional services offerings (Quadris). The OpenNMS Group, Inc., a NantHealth subsidiary, helps businesses monitor and manage network health and performance. For more information, visit nanthealth.com, follow us on Twitter, Facebook, LinkedIn and YouTube, and subscribe to our blog. 

    NantHealth Forward Looking Statement

    This news release contains certain statements of a forward-looking nature relating to future events or future business performance. Forward-looking statements can be identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plans,” “will,” “outlook” and similar expressions. Forward-looking statements are based on management’s current plans, estimates, assumptions and projections, and speak only as of the date they are made. Risks and uncertainties include, but are not limited to: our ability to successfully integrate a complex learning system to address a wide range of healthcare issues; our ability to successfully amass the requisite data to achieve maximum network effects; appropriately allocating financial and human resources across a broad array of product and service offerings; raising additional capital as necessary to fund our operations; our ability to grow the market for our software and data solutions; successfully enhancing our software and data solutions to achieve market acceptance and keep pace with technological developments; customer concentration; competition; security breaches; bandwidth limitations; our ability to integrate The OpenNMS Group, Inc. into our operations; our use and distribution of open source software; our ability to obtain necessary regulatory approvals, certifications and licenses; dependence upon senior management; the need to comply with and meet applicable laws and regulations; unexpected adverse events; and anticipated cost savings. We undertake no obligation to update any forward-looking statement in light of new information or future events, except as otherwise required by law. Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and are generally beyond our control. Actual results or outcomes may differ materially from those implied by the forward-looking statements as a result of the impact of a number of factors, many of which are discussed in more detail in our reports filed with the Securities and Exchange Commission.