Browsing Tag
Menlo Ventures
2 posts
Obsidian Security becomes unicorn as enterprises seek controls for autonomous AI agents
Palo Alto-based Obsidian Security has secured an $85 million Series D led by Crescent Cove Advisors, turning the enterprise cybersecurity company into a unicorn. The financing gives Obsidian more runway to expand AI-agent governance, but its $1.1 billion valuation will ultimately depend on whether runtime controls can become a repeatable enterprise security standard.
Arch secures $20m in Series A funding to modernize financial workflows
Arch, a cutting-edge investment management platform, has successfully raised $20 million in Series A funding, leading the way…