It’s exciting to share the news of our new funding round. It let us bring onboard some amazing investors and funds for further growth, along with setting the company valuation at $8.5B — a pretty big number. When you look at this valuation, and consider these smart investors expect it to grow substantially, you may wonder — how can this market be big enough to support these numbers? I would say the real question is — how can it not be?

1Password has been a remote company since we started more than 15 years ago. We’ve worked hard to build and maintain a remote culture, as we grew, that places value on a healthy work-life balance, transparent communication, and trust. That’s why we’re thrilled to announce that we’ve been included in Quartz’s Best Companies for Remote Workers 2021.

In the past year, IT services have gone through a world of change. There are more remote workers, hybrid work models, cloud services, and mobile devices. It is finally safe to say that the classic perimeter no longer exists. In fact, you might go one step further and say that identity is the new perimeter. The ability for end-users to access any applications from any device from anywhere has put securing identities and their access privileges near the top of any Zero Trust security strategy.

Extended Detection and Response (XDR) is the latest buzz word in the security industry and garnering significant attention. Industry analysts each have their own definition. Meanwhile, security vendors are quickly jumping on the bandwagon, recasting their products as XDR solutions. And it’s safe to assume many more will unveil XDR products in the months ahead.

On August 5, 2021, the Cybersecurity and Infrastructure Security Agency (CISA) announced the standup of the Joint Cyber Defense Collaborative (JCDC) , a new agency effort to lead the development of cyber defense operations plans.

Since its inception, Elastic Security has had a clear mission: to protect the world's data and systems from attack. We started with SIEM, built on top of the Elastic Stack, applying its fast and scalable search capabilities to detect security vulnerabilities across all threat vectors. Next, we joined forces with Endgame to integrate endpoint security into Elastic Security, and allow customers to prevent, detect, and respond to attacks from a single, unified platform.

The Forrester Wave™ Software Composition Analysis, Q3 2021 report states that open source components made up 75% of all code bases in 2020. This is more than double the 36% in 2015. As organizations increasingly rely on external components to quickly add functionality to their own proprietary solutions, they take on greater risk, especially considering these open source components may contain unmitigated vulnerabilities or violate organizations’ compliance policies.

Veracode has been recognized in a report Forrester Research recently released, The Forrester Wave™: Software Composition Analysis, Q3 2021 . The report helps security professionals select a software composition analysis (SCA) vendor that best fits their needs. The report, which evaluates 10 SCA vendors against 37 criteria, ranks Veracode as a strong performer.

Black Duck ranks highest in Strategy and receives highest possible scores in Product Vision, Market Approach, and Corporate Culture criteria. This week, Synopsys was named a Leader in “ The Forrester Wave™: Software Composition Analysis, Q3, 2021 ,” by Forrester based on its evaluation of Black Duck, our Software Composition Analysis solution. Forrester evaluated 10 of the most significant SCA providers against 37 criteria.

Teleport, an Access Plane company, is announcing today that it has secured $30M in Series B funding. The company also released its latest version of its offering, Teleport 7.0 – introducing identity-based access for MongoDB . This funding round is led by Kleiner Perkins and follows the company’s record-breaking quarter, with net new annual recurring revenue up 5x and total annual recurring revenue up 2.5x, compared to the second quarter of 2020.