Welcome to the March issue of Talking Cyber, YL Ventures’ cybersecurity newsletter.
We are excited to share the latest cybersecurity news, trends and innovations from across the globe, as well as tips for cybersecurity entrepreneurs and professionals.
We are happy to introduce our brand new “Tech Talk” section, dedicated to emerging areas of cybersecurity technologies that we are monitoring.
We hope you enjoy this issue and would love to get your feedback!

YL Ventures Team
Gartner Expects 2018 IoT Security Spending To Reach $1.5 Billion
How Serverless Computing Reshapes Security
Expedia's Orbitz Says Data Breach Affected 880,000 Payment Cards
The World’s Largest DDoS Attack Took GitHub Offline For Fewer Than 10 Minutes
It’s Time To Regulate: The U.S. Must Make Software Companies Liable For Breaches
Read more on VentureBeat  »
How Much Do Healthcare Data Breaches Cost Organizations?
We're welcoming spring with some exciting YL Ventures team news!
We’ve added three new team members (
Ayelet Rosendorn, Tal Amor, and Yarden Daya) and officially launched our new EIR program, which already includes three super smart entrepreneurs (Tal Saiag, Asaf Ezra & Eyal Mamo). Iren Reznikov has been promoted from Associate to Principal, while Sharon Seemann has been promoted from Marketing Director to VP Marketing. Alongside all this activity, this week our Israeli team moved to a beautiful and spacious new office on the vibrant Rothschild Boulevard in Tel-Aviv. We encourage you to pay us a visit!  Read more about it here.

We also have some exciting upcoming activity over in the U.S., where we invite you to join us during RSA conference 2018 for a very special reception that we are hosting together with our great partners TenEleven Ventures and Momentum Cyber! Our amazing speakers include: Edna Conway (CSO, Global Value Chain at Cisco), Andy Ellis (CSO at Akamai Technologies), Roger Hale (VP & CISO at Informatica) and Dr. Richard Horne (Cyber Security Partner at PwC). More details can be found here - we hope to see you there.

Lastly, please stay tuned for more exciting, soon-to-be announced investment news!
Jonathan Langer, CEO of Medigate, published a great article about patching medical devices in clinical networks and why it is not enough. Learn More »
Six months after its seed round, Axonius announced the general availability of its Cybersecurity Asset Management Platform. Learn More »
Karamba Security's SafeCAN won best automotive cybersecurity solution in Tech CARS Awards 2018, with 47% of the votes. Learn More »
Twistlock unpacked the most severe Kubernetes vulnerabilities to date (CVE-2017-1002101 and CVE-2017-1002102). Learn More »
Eric McAlpine, Managing Partner, Momentum Cyber
"1. Choose your investors wisely - too many venture tourists in cyber.
2. Business development before corporate development - build a healthy partner ecosystem of could-be acquirers.
3. Make use of experienced advisors that you trust and that have access to the highest levels across the cyber ecosystem.
4. When it comes time…remember that M&A is a people business so have empathy for others as it can go a long way.

Eric McAlpine is a Founder & Managing Partner at Momentum Cyber, a dedicated strategic advisory firm focused on Cybersecurity. He has spent over 20 years in the tech industry as a trusted strategic advisor, investor, entrepreneur, and engineer. 

About Eric McAlpine »
Round: $30M Series B
Field: Behavioral Biometrics
Learn more »
Round: $18M Series B
Field: SCADA Security
Learn more »
Round: $14M Series A
Field: Secure Access Cloud
Learn more »
Round: $4.5M Seed
Field: SCADA Security
Learn more »
Round: $36M Series D
Field: Intrusion Detection & Prevention
Learn more »
Round: $26M Series C 
Field: Managed Bug Bounties
Learn more »
Acquired by: RELX Group
Amount: $817M
Field: Authentication & Anti-Fraud

Learn more  »
Acquired by: Splunk
Amount: $350M

Field: Security Automation & Orchestration
Learn more  »
Acquired by: Proofpoint
Amount: $225M

Field: Anti-Phishing
Learn more  »
Acquired by: Oracle
Amount: Undisclosed

Field: Web Security
Learn more  »
What is Full Homomorphic Encryption (FHE)?
FHE is a new form of encryption that enables computation on encrypted data, generating an encrypted result which, when decrypted, matches the result of the operations as if they had been performed on the plain data. 
FHE may have tremendous implications, the most obvious of which relates to cloud services.  FHE allows companies to provide services to customers and industries like healthcare and finance that do not want to expose their data. It may sound like science fiction, but applications of FHE such as performing facial recognition on encrypted images and running analytics on encrypted data are now well within reach.

Learn more »

RSA Conference 2018

San Francisco, CA USA
16-20 April 2018   
Event Info »

Secure360 conference

Minneapolis, MN USA
15-16 May 2018   
Event Info »

Palo Alto Networks Ignite 2018

Anaheim, CA USA
21-24 May 2018   
Event Info »

Gartner Security & Risk Management Summit

National Harbor, MD USA
4-7 June 2018  
Event Info »

Like this newsletter? 
YL Ventures funds & supports brilliant Israeli tech entrepreneurs from seed to lead. Headquartered in Silicon Valley with deep roots in Israel, we manage approximately $135 million of venture capital investment funds focused primarily on cybersecurity.

Copyright © 2018 YL Ventures, All rights reserved.

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