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Sequoia doubles down on Cymphony as AI agents create new enterprise security risks

Cymphony emerges with $30M from Sequoia and SMBC to give security teams unified visibility into AI agent and non-human identities.

Cymphony, a New York- and Tel Aviv-based startup, raised a $25 million Series A co-led by Sequoia and SMBC Fin Atlas Beyond Fund, valuing it above $100 million. Its platform builds a "workforce graph" unifying identity, data, and activity signals for employees, AI agents, and other non-human identities. The company says it found roughly 85,000 files exposed to AI tools at one US public company and reached seven-figure ARR in its first year of sales with customers including KKR and Syngenta. Sequoia previously led its undisclosed seed round, betting on Israeli Talpiot program alumni founders.

TechCrunch · Security · 7d agoIndustry

New Italian unicorn Exein rides the physical AI wave

Italian IoT-security startup Exein raised $270 million at a $1.7 billion valuation to build a security layer for physical AI and edge devices.

Rome-based Exein raised a $270 million round led by Headline at a $1.7 billion valuation, becoming Italy's new unicorn, with plans for M&A and US/APAC expansion. The company claims over 2 billion connected devices secured across aerospace, industrial automation, automotive, energy, healthcare, and semiconductors using its Photon kernel-level runtime protection. Exein is training a foundational model for physical AI security on machine telemetry, targeted for Q1 2027, and reports 400% year-on-year growth. The EU Cyber Resilience Act, whose reporting obligations began last week, is expected to further boost demand.

TechCrunch · Security · 1d agoIndustry

HiddenLayer nabs $100M as enterprises rush to secure their AI deployments

AI security startup HiddenLayer raised a $100 million Series B led by Delta-v Capital as enterprise spending on securing AI deployments accelerates.

HiddenLayer, which protects AI models, agents, and workflows from adversarial attacks, vulnerabilities, and code injections, raised a $100 million Series B led by Delta-v Capital with participation from Ten Eleven Ventures, Morgan Stanley, Microsoft's M12, and Booz Allen Hamilton. The company says annual recurring revenue grew more than 10x to the tens of millions of dollars, with customers including the Department of Defense, the intelligence community, and a frontier model provider with over 700 million weekly users. Gartner estimates enterprise spending on AI security products will reach $2.83 billion in 2026, up 83% from 2025, and nearly $4.78 billion next year.

TechCrunch · Security · 14d agoIndustry1

Chrome is now shipping updates every 2 weeks as AI changes the security landscape

Google switches Chrome to two-week release cycles starting with Chrome 153, shrinking the N-day patch gap as AI-driven threats accelerate.

Chrome officially moved from a four-week to a two-week release schedule with Tuesday's launch of Chrome 153 on desktop, iOS, and Android. Google ties the change to its evolving security strategy, saying faster releases shrink the N-day patch gap as AI tools and community bug reports increase patch volume. Mozilla, Microsoft, and Brave have already adopted the two-week cadence, and Google is also racing AI-native browsers like Brave, Dia, Opera Neon, and Perplexity's Comet while experimenting with AI features in Chrome.

TechCrunch · Security · 8d agoIndustry