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Cloud broker Netskope raises $75 million for analytics based security enforcement services

Secure cloud

Cloud security firm Netskope has received $75 million to develop its policy enforcement systems for cloud applications.

CSA, CipherCloud look to standardise APIs for cloud access security brokerage

The CSA and CipherCloud are leading an initiative to standardise API implementation for cloud access security brokerage

The Cloud Security Alliance (CSA) and cloud security vendor CipherCloud are forming a working group to jointly develop best practice around API deployment for cloud access security brokerage services.

Cloud security vendor Adallom secures $30m from HP, Rembrandt Venture Partners

Adallom secured $30m in new funding this week from HP Ventures among others

Cloud security service provider Adallom announced this week it has secured $30m in a series C funding round led by Rembrandt Venture Partners, with participation from Hewlett Packard’s new investment arm HP Ventures, which the company said it would put towards research and development.

Cloud security vendor Palerra scores $17m

Palerra is among a number of cloud security startup combining predictive analytics and machine learning algorithms to bolster cloud security

Cloud security vendor Palerra has secured $17m in series B funding, a move the company said would help accelerate sales and marketing efforts around its predictive analytics and threat detection services.

Ovum: Cloud service providers need to double down on security

Enterprises would be more willing to use cloud if providers focused more on security, compliance

A recently published Vormetric survey suggests over half of enterprises globally are using cloud-based services to store sensitive data, and many of the IT decision makers polled by the firm said they felt pressured into using cloud services over legacy alternatives. But respondents also showed an overwhelming willingness to use cloud services to store or analyse sensitive data if service providers could guarantee some essential security and information governance capabilities and measures.

Cloud services with enterprise-grade security doubled in 2014

Skyhigh: Cloud service providers are becoming more secure, even if enterprises still need to train employees on how to reduce risk of data loss

Data from Skyhigh’s latest cloud adoption and risk report in Europe, which collates data from over 15 million enterprise employees, suggests the average employee in Europe uses 23 different cloud services, a record high the firm said. But Kamal Shah, vice president of products and marketing at Skyhigh said that while cloud services are apparently more secure than ever, shadow IT risks persist.

Five tips to secure your cloud future


The cloud has been central to the business workings of organisations. Reliance on the cloud as a central storage tool highlights the importance of security. With important data and documents and sensitive information stored away on the cloud, there is too much at stake. Intense effort and investment needs to be put into making sure cloud providers are providing these five main security features.

Skyhigh: Enterprises lag on cloud security but services are getting better

Enterprises are still overwhelmingly using medium and high-risk cloud services en masse

Data from Skyhigh’s latest cloud adoption and risk report in Europe, which collates data from 1.4 million users, suggests cloud adoption has clearly accelerated rapidly this year, but less than one in ten cloud services used in enterprises today are considered low-risk. Kamal Shah, Skyhigh’s vice president of products and Nigel Hawthorn, Skyhigh’s marketing director for EMEA told BCN that while enterprises are embracing cloud services of questionable data security and privacy standards, the fastest growing cloud services today are less risky in this regard.

Bitglass scores $25m as enterprises prioritise mobile, cloud security spend

Bitglass secured $25m in funding, bringing its total amount secured to over $35m

Mobile security startup Bitglass, which emerged from stealth earlier this year, announced that it has secured $25m in funding that will be used to expand sales, marketing and technology development of Bitglass’ mobile data protection solution.

Skyhigh bags $40m from, others

Skyhigh Networks announced a $40m series c funding round, bringing its total yield since February 2013 to $66.5m

Cloud and network security firm Skyhigh Networks has raised $40m in financing from Greylock Partners, Sequoia, and, bringing the total amount secured by the firm to $66.5m since its launch in February last year.