Having a large capital means you need to have a good plan in place. A good plan should help you avoid problems and ensure you make the most of your investment. Here are some tips on how to make a plan that works.
About Contrast Security
Founded in 2014 by Jeff Williams and Arshan Dabirsighi, Contrast Security provides self-protecting security software that is embedded in code. This helps enterprises write secure applications at a rapid pace. It works in tandem with AWS, Google and Microsoft to increase developer productivity and minimize cyber risk.
Contrast Security is a leading vendor in the DevSecOps space. It provides an application security platform that secures code in development and on-premises applications. The platform also provides context-specific vulnerability remediation guidance. The company’s technology is currently used by many Fortune 500 companies. Its customers include American Red Cross, BMW, DocuSign and more. Its agents are embedded in user libraries and runtime libraries and scan application internal components, including controllers, app servers, web browsers, and frameworks. Its module can be deployed in a matter of minutes.
Contrast Security is a global leader in DevSecOps. It provides an application security platform that secures the code of tens of thousands of developers. The company’s modules use threat detection technology called deep security instrumentation. Its agents can detect vulnerabilities across web browsers, frameworks, and data layers.
About Liberty Strategic Capital
Founded in 2021 by former Treasury Secretary Steven Mnuchin, Liberty Strategic Capital is a private equity firm focused on strategic investments in financial services and technology companies. Liberty Strategic Capital’s management team brings decades of public service experience to the table. They specialize in acquiring and investing in financial services companies, technology companies, and new forms of content.
Liberty Strategic Capital has led late-stage funding rounds in two cybersecurity companies: Cybereason and BlueVoyant. Liberty is also investing in Satellogic, a company specializing in high-resolution imagery of the earth’s surface. The company obtains imagery from low earth orbit satellites. The company will become publicly traded. Liberty Strategic Capital’s investment brings the total amount of capital raised to $265 million.
Mnuchin’s Liberty Strategic Capital recently acquired a majority stake in mobile threat defense platform company Zimperium. Zimperium will continue accelerating growth as a result of the acquisition. The transaction is Liberty’s largest cybersecurity investment to date. It follows a trend of private equity firms pursuing cybersecurity companies.
Earlier this year, ContractPodAi Technologies, a leading artificial intelligence-powered contract lifecycle management company, announced the closing of a $115 million Series C investment led by SoftBank Vision Fund 2 (SVF2) and Eagle Proprietary Investments. ContractPodAi, which provides a one-stop, AI-powered contract lifecycle management platform, said it would use the funding to accelerate its platform’s capabilities. ContractPodAi will use the money to expand its presence internationally and to leverage SoftBank’s global networks.
ContractPodAi’s Series C round comes after the company announced in July that it raised $55 million in a Series B round led by Insight Partners. ContractPodAi’s valuation is five times higher than its previous Series B round, according to SoftBank Vision Fund 2. Ayush Jain, an adviser for SoftBank Investment Advisers, will join the company’s board.
The company uses recurrent neural network models to perform sequence-to-sequence prediction tasks. The model uses an encoder-decoder network that encodes a sequence, then decodes it to a sequence of the same length. The final decoding passes through a softmax function that predicts the probability of the next word in the sequence. The company plans to use the money to expand its international presence and to accelerate its platform’s capabilities.