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Gosecure Raises $14 Million, Bringing Series E To $35 Million USD
Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has raised an additional $14 million USD for its Series E round, bringing the total round to $35 million USD.
The funding was led by W Investments Group, based in Montreal. John Randall, senior vice president of product management at GoSecure, told BetaKit there were other participants but did not disclose their names. Randall said the capital will be put towards sales, marketing and engineering.
GoSecure closed initial funding for its Series E investment in June. Though originally reported as $20 million USD, Randall told BetaKit GoSecure closed $21 million at that time. That investment was led by Yaletown Ventures. Other participants included Bank of Montreal and existing investors SAP/NS2 and Razor’s Edge.
Before you head off for the weekend, you have patched your Pulse Secure VPNs, right? Wouldn’t want you to be pwned via a phishing link
Stop us if you’ve heard this one before: a remote-code execution vulnerability needs patching in Pulse Secure VPNs.
Professional code-probers at GoSecure uncovered a host of security flaws, including CVE-2020-8218, which it publicly disclosed this week after a patch was issued. The other holes are yet to be addressed, and so details on those remain under wraps for now.
Code-execution bug in Pulse Secure VPN threatens patch laggards everywhere
If you haven’t updated Pulse Secure VPN, now would be an excellent time to do so.
Organizations that have yet to install the latest version of the Pulse Secure VPN have a good reason to stop dithering—a code-execution vulnerability that allows attackers to take control of networks that use the product.
Tracked as CVE-2020-8218, the vulnerability requires an attacker to have administrative rights on the machine running the VPN. Researchers from GoSecure, the firm that discovered the flaw, found an easy way to clear that hurdle: trick an administrator into clicking on a malicious link embedded in an email or other type of message.
Press Releases
GoSecure Announces Managed Detection and Response Essentials
GoSecure announces the launch of Managed Detection and Response Essentials. MDR Essentials combines Endpoint Detection and Response (EDR) with malware and ransomware protection into a single offering.
GoSecure Appoints Tom Wallace to Lead Engineering
Security industry engineering veteran, Tom Wallace, joins GoSecure to accelerate product development. Mr. Wallace is responsible for day-to-day operations of the GoSecure engineering team, managing the GoSecure delivery infrastructure and enhancing the architecture behind the entire GoSecure portfolio.
GoSec 2020 Goes Virtual
GoSec, Canada’s leading information security conference and exposition, announced that the event will be virtual this year, citing public health and safety as the top priority. GoSec has reimagined ways to best serve the cybersecurity community with a rich digital experience that will continue to shape and support the industry while engaging a broader audience. The event, which brings together many cybersecurity professionals each year, will take place online on September 23rd and 24th.
GoSecure Appoints Rick Miller as Chief Operating Officer
GoSecure announces the hiring of Rick Miller as Chief Operating Officer. Mr. Miller is responsible for day-to-day operations at GoSecure to accelerate the growth the company has experienced in the past year.
New GoSecure Report Reveals Disconnect Between Perception and Reality of Cybersecurity Priorities
GoSecure announces a new research report, Cybersecurity Perceptions versus Reality, which revealed a disconnect between defenders’ perceptions of how best to protect their organizations, what has been implemented, and what is needed based on what GoSecure penetration testers see in the real world.
