Cloud computing company Fastly announced plans to acquire Culver City-based Signal Sciences for $775 million on Thursday. It's the largest enterprise exit in L.A., according to Andrew Peterson, the CEO of Signal Sciences.

Signal, founded in 2014, protects web applications from attacks and data breaches for clients like Duo Security, Under Armor and DoorDash. With breaches costing an average $3.86 million, preventing them has become imperative for many businesses.

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Cloud-based data security platform Open Raven announced Tuesday that it raised a $15 million Series A round four months after it emerged from stealth to announce seed funding.

The round was led by Kleiner Perkins as well as existing investors like Upfront Ventures, bringing its total capital raised to $19.1 million.

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It's not exactly common knowledge, but back in the early aughts Los Angeles was more of an infosec town than a tech town. Such firms have, in recent years, been more likely to open up new offices in cities like San Francisco, Boston or Washington, D.C.

But on Tuesday, a new L.A.-based cybersecurity firm called Open Raven announced it has raised $4.1 million in seed funding led by Kara Nortman, a partner at Upfront Ventures and backed by former Goldman Sachs chief information risk officer Phil Venables, who is is also on the company's board of directors; RSA's former chief strategy officer Niloo Razi Howe; and another cybersecurity firm, Signal Sciences, whose CEO Andrew Peterson also calls L.A. home.

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