Tel Aviv-based Cymulate, which helps cybersecurity teams stress test their networks, raised a $70M Series D led by One Peak, sources say at a ~$500M valuation (Ingrid Lunden/TechCrunch)

ProPublica:
A book excerpt details how the FBI failed to undertake fundamental reforms to combat cybercrime, including confronting escalating cyberthreats like ransomware  —  In this excerpt from “The Ransomware Hunting Team: A Band of Misfits’ Improbable Crusade to Save the World From Cybercrime,” …

Ingrid Lunden / TechCrunch:
Barcelona-based Factorial, which offers HR tools for SMBs, raised a $120M Series C led by Atomico at a $1B valuation, up from ~$500M in September 2021  —  Small and medium businesses, long overlooked in the building of innovative technology, have lately become a key focus in the world of B2B software.

Todd Spangler / Variety:
Netflix plans to stop sharing projected subscriber numbers in its earnings starting in Q4 2022, instead stressing new revenue streams like ads and paid sharing  —  Netflix will no longer share projected subscriber targets in upcoming earnings reports — a closely tracked metric among investors …

Kyle Wiggers / TechCrunch:
Tel Aviv-based Valence Security, which helps secure SaaS supply chains, raised a $25M Series A led by Microsoft’s M12, with Akamai and others participating  —  Valence Security, a company securing business app infrastructure, today announced that it raised $25 million in a Series A round led by M12 …

Kyle Wiggers / TechCrunch:
Tel Aviv-based Zesty, which helps cut cloud costs by automatically scaling resources to demand, raised a $75M Series B led by B Capital and Sapphire Ventures  —  Spending on the cloud shows no signs of slowing down.  In the first quarter of 2021, corporate cloud services infrastructure investment increased …

Kyle Wiggers / TechCrunch:
Tel Aviv-based Groundcover, a performance monitoring service for cloud apps, raised a $20M Series A led by Zeev Ventures, bringing its total funding to $24.5M  —  Groundcover, a performance monitoring platform for cloud apps, today announced that it raised $20 million in a Series A round led …