Isovalent, the creator of open-source networking and security solution for cloud environments Cilium, has raised a $40M Series B led by Thomvest Ventures (Taryn Plumb/VentureBeat)

Taryn Plumb / VentureBeat:
Cloudbrink, which offers networking tools to help secure hybrid workforces, emerges from stealth with $25M led by Highland Capital Partners and The Fabric  —  Hybrid work wasn’t just a mini-trend or a temporary solution amidst the pandemic: It has fundamentally transformed the workplace — and dramatically broadened the attack surface.

Taylor Soper / GeekWire:
Seattle-based Diagrid, which offers a fully managed Dapr on Kubernetes service, raised a $20M Series A led by Norwest Venture Partners  —  Diagrid, a Seattle startup that offers a fully managed Dapr on Kubernetes service, announced a $20 million Series A round led by Norwest Venture Partners …

Taryn Plumb / VentureBeat:
CyberCube, a cyber risk analytics service for insurers, raised $50M from Morgan Stanley Tactical Value, bringing its total raised to over $100M  —  Undoubtedly, cybersecurity — and the management of risk — is top of mind for most business leaders today.  —  Consider that nearly 75% …

Dean Takahashi / VentureBeat:
Nvidia unveils its first SaaS and IaaS offering, Omniverse Cloud, a services suite for artists, developers, and enterprise teams to build and run metaverse apps  —  Nvidia today announced its first software- and infrastructure-as-a-service offering — Nvidia Omniverse Cloud …

Sri Krishna / VentureBeat:
Resonai, whose Vera service creates digital twins of commercial buildings using AI and AR, raised a $20M Series A extension, bringing the round’s total to $30M  —  Tel Aviv, Israel-based Resonai aims to build the “digital square foot” and prepare the built world for its “mixed-reality” future.

Dean Takahashi / VentureBeat:
Activision Blizzard reports Q3 net bookings down 3% YoY to $1.83B vs. $1.7B est., and MAUs down 6% YoY to 368M; Modern Warfare II made $1B+ in its first 10 days  —  Activision Blizzard reported that its bookings for the third quarter ended September 30 fell 3% to $1.83 billion compared to a year ago.