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SBOM Automation Platform Vigilant Ops Secures $2 Million in Seed Funding from DataTribe

SBOM Automation Platform Vigilant Ops Secures $2 Million in Seed Funding from DataTribe

January 4, 2024 Craig Etkin

January 04, 2024 08:00 AM Eastern Standard Time

FULTON, Md.–(BUSINESS WIRE)–DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, today announced a $2 million seed investment in Vigilant Ops, a leading automation platform for the generation, maintenance, and authenticated sharing of certified Software Bill of Materials (SBOM).

“Securing the products that enable the critical infrastructure every citizen and company rely on daily will help unleash the innovative uses of new technologies and services.”

Vigilant Ops, winner of the 6th annual DataTribe Challenge in November, performs continuous vulnerability monitoring and alerting, security patch notifications, and the ability to upload SBOMs — lists of the software libraries embedded in products — from alternate sources.

“Software security is the next domain in cyber, and government policies are increasingly placing significant development regulations that require software manufacturers to be responsible for the cybersecurity of their products,” said Tony Surak, chief marketing officer for DataTribe. “Vigilant Ops is meeting an urgent market need, automating the production of SBOMs to provide a system of record for software buyers to manage SBOMs and bolster resiliency through identifying and mitigating component vulnerabilities.”

Federal government policymakers and regulators are keenly focused on software security and have highlighted SBOMs’ role in creating a secure and resilient software ecosystem.

In 2021, the Biden Administration’s National Security Strategy and Executive Order 14028 required SBOMs from organizations to secure the components of software products used to manage our nation’s most vital interests. In the past two-plus years, SBOM mandates and guidance have been issued by the Federal Drug Administration (FDA), Federal Energy Regulatory Commission (FERC), Cybersecurity Infrastructure Security Agency (CISA), National Security Agency (NSA), and Office of the Director of National Intelligence (ODNI), just to name a few.

Vigilant Ops will use the funding to expand the capabilities of its InSight platform across multiple critical infrastructure industries. Vigilant Ops, which has focused primarily on the healthcare sector, will continue to build a complete inventory of software components recognized by legislation and regulatory requirements to expand into the energy, telecom, manufacturing, information technology, financial services, and communications industries.

Leo Scott, DataTribe CTO, will join the Vigilant Ops Board.

“The DataTribe funding, coupled with its foundry model, will enable us to quickly scale our technology and business development operations to meet the software cybersecurity challenges that threaten our national and economic security,” said Ken Zalevsky, Vigilant Ops CEO. “Securing the products that enable the critical infrastructure every citizen and company rely on daily will help unleash the innovative uses of new technologies and services.”

The most recent release of the InSight Platform now includes automated import of various SBOM formats, supporting industry standards like CycloneDX and SPDX. In addition, the vulnerability dispositioning process now enables justification responses, following prescribed industry standards and mitigation scoring, which can be included in Vulnerability Exploitability eXchange (VEX) reports.

About DataTribe

DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. Founded by leading investors, startup veterans, and alumni of the U.S. intelligence community, DataTribe commits capital, in-kind services, access to an unparalleled network, and decades of professional expertise to give their companies an unfair advantage. DataTribe is headquartered in the Washington-Baltimore metro area in Fulton, Maryland. For more information, visit https://datatribe.com.

About Vigilant Ops

Founded in 2019 by cybersecurity veterans, Vigilant Ops is the leading SBOM management, intelligence, and exchange platform used by regulated organizations that buy and build software. Vigilant Ops simplifies the SBOM journey with real-world experience forged in the most rigorously regulated industries. For more information, visit https://vigilant-ops.com.

Contacts

Matthew Bowen
email: matthew@vrge.us
Phone: (704) 737-7537

(c)2023 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, Fulton, Maryland, Venture Capital, Vigilant Ops

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TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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