Protect AI raises $60 million and acquires SydeLabs.
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Industry roundup: Exiger acquired aDolus to enhance SBOM and binary analysis capabilities; Protect AI acquired SydeLabs and raised a $60M Series B; Credo AI secured $21M; Endari emerged from stealth with $4M; SafeGuard Privacy raised $3.6M; Inscora raised $2M; and Scamnetic exited stealth with $1.35M. Executive moves include CalypsoAI naming Donnchadh Casey as CEO, Dashlane appointing new SVPs for People and Product/Partnerships, and Robinhood naming David Schwed as CISO for its Brokerage division.
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