{"id":8323,"date":"2022-02-01T00:42:07","date_gmt":"2022-02-01T00:42:07","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/01\/talon-cyber-security-raises-43m-from-sorenson-evolution-lightspeed-and-team8\/"},"modified":"2022-02-01T00:42:07","modified_gmt":"2022-02-01T00:42:07","slug":"talon-cyber-security-raises-43m-from-sorenson-evolution-lightspeed-and-team8","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/02\/01\/talon-cyber-security-raises-43m-from-sorenson-evolution-lightspeed-and-team8\/","title":{"rendered":"Talon Cyber Security raises $43M from Sorenson, Evolution, Lightspeed and Team8"},"content":{"rendered":"

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Cybersecurity solutions startup Talon Cyber Security Ltd.<\/a> has announced that it has raised $43 million in new funding, including $17 million in Simple Agreement for Future Equity investments.\u00a0Investors include\u00a0Sorenson Ventures, Evolution Equity Partners, Lightspeed, Team8 and several individuals.<\/p>\n

Pitched as a next-generation solution designed to protect against a new category of threats posed by distributed work, Talon\u2019s service\u00a0provides security leaders unparalleled control and visibility into all employee work-related activities across locations, devices and software-as-a-service services.<\/p>\n

Talon\u2019s technology is built with employee experience and privacy in mind to provide a native user experience on top of enterprise-grade security by mitigating ransomware and insider threats. It combines advanced data isolation techniques such as screenshot prevention and clipboard restrictions with workspace security, including policy enforcement and protection against browser vulnerabilities.<\/p>\n

The company argues that enterprises are required to protect their resources across different locations, devices, SaaS services and employment models such as external workers accessing company assets in today\u2019s\u00a0modern workforce. Trying to secure and control this environment has led companies to adapt existing security solutions, such as VDI\/DaaS or virtual private network, resulting in a complex and costly security stack.<\/p>\n

Talon launched its secure browser for enterprises, TalonWork, in October, enabling enterprise companies to effectively manage a hybrid workforce without compromising security, employee experience or privacy. With a few clicks, the workspace can be created on any device, together with its built-in enterprise-grade security that provides advanced data leakage protection and high granularity of control into all web in-app activities.<\/p>\n

The new funding is focused on bringing on board top cybersecurity investors that will support Talon\u2019s accelerated commercialization process and further expand the development efforts to support high demand from the market.<\/p>\n

\u201cEnterprises have shifted rapidly to distributed work models and, in the process, have complicated the security stack and altered the cost-benefit analysis of legacy solutions,\u201d\u00a0Richard Seewald, founder and managing partner at Evolution, said in a statement. \u201cTalon<\/span>\u00a0delivers a solution that ameliorates this and enables enterprises to operate a hybrid workforce securely and effectively.\u201d<\/p>\n

Including the new funding, Talon has raised $69 million to date, according to data from Pitchbook<\/a>.<\/p>\n

Image: Talon Cyber Security<\/h5>\n
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