MixMode is excited to announce that we have raised $45 million in a Series B funding round led by PSG with participation from our existing investor Entrada Ventures.
An annual Harvey Nash Group/KPMG survey of CIOs and other IT leaders revealed that companies spent about $15 billion more each week in the early part of 2021 on work-from-home investments, a figure that represents one of the largest upticks in tech investment in history, according to Harvey Nash/KPMG.
Chief Information Security Officer and Chief Privacy Officer for the City of Phoenix, Shannon Lawson, shares in this Toggle Magazine article the city’s back-to-basics approach for cybersecurity using MixMode’s AI-powered platform for security information and event management, user and entity behavior analytics, network traffic analysis and network detection and response.
MixMode, the leader in AI-driven, real-time anomaly detection for Cybersecurity, has formally joined the 5G Open Innovation Lab’s (“5GOILab”) Fall 2021 program. The Lab is supported by its founding and corporate partners which include Amdocs, Dell Technologies, F5, Intel, Microsoft, NASA, T-Mobile and VMware.
MixMode CTO and Chief Scientist, Igor Mezić, has received the prestigious J.D. Crawford Prize from the Society for Industrial and Applied Mathematics (SIAM). The prize is awarded every two years to one individual for a significant accomplishment in the area of nonlinear science. Dr. Mezic received the award for his mathematical theory that makes it easier to understand and speed up an array of previously unsolvable computations in a wide range of applications, including fluid dynamics, energy-efficient design, network security and operations, and complex systems dynamics.
Some of you may have seen the “funny” statistic in the last few months that during the pandemic, ice cream sales are way up while deodorant sales are way down. Let’s just say that, for me, it’s coffee ice cream. Dessert aside, this stat does lead one to think about what other trends occur during a pandemic or a crisis when we look back at events such as world wars, the Great Depression, the Global Financial Crisis (GFC) of 2007-08, etc.
The transition from office to remote environments was abrupt and one of the most defining moments that the cybersecurity industry and professionals faced in 2020. We wrote about the top issues CISOs were facing throughout the year but also doubled down on sharing insights about the evolution of next-generation SOCs, the failure of SIEM platforms as organizations are experiencing them today, and how self-supervised AI fits into the equation.