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Channel Brief: Stream.Security Lands $30M Series B, Trustifi Added to AppDirect

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Most IT professionals are considering cybersecurity and AI certifications to propel their career forward, according to TechTarget research.

Of 1,000 IT pros surveyed, three-quarters already have at least one certification, and 59% of a more targeted group of 703 respondents said they were likely to pursue a new certification within the next 12 months, according to the research.

Almost half (48%) of 532 respondents planned to pursue cybersecurity as one of their next certifications, making it the most popular choice worldwide, TechTarget's research found. AI certifications ranked second, with 41% identifying that as a goal.

Cloud computing placed third at 33%, followed by data science and analytics at 22%. The question on certification plans permitted multiple responses.

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Grab your coffee. Here's what you need to know today.

Today’s Tech, Channel and MSP News

1. Stream.Security lands $30 million Series B funding: Cloud security startup Stream.Security has closed a $30 million Series B funding round led by U.S. Venture Partners, with participation from new investors, Citi Ventures, and existing investors, Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Partners VC, the company said in a statement. This new round of funding brings the total investment in Stream.Security to $55 million. The funds will go toward further innovation and expanding market share for the firm's products.

2. Trustifi added to AppDirect marketplace: Trustifi announced this week it has been added to AppDirect, an extensive online resource marketplace for technology providers, IT channel partners, MSPs, resellers, and high-tech B2B companies. The AppDirect platform has 5 million subscribers and helps B2B companies identify, purchase, sell, and manage technology services, creating recurring revenue opportunities for MSPs, according to a statement from Trustifi. Through AppDirect, channel companies can establish a white-label service offering or monetize third-party services, including email cybersecurity solutions like Trustifi's. Approximately 10,000+ technology advisors use AppDirect, according to the company.

3. AuditBoard names Justin Greenberger as the new chief customer officer: AuditBoard has appointed Justin Greenberger as the company's chief customer officer. Greenberger joins AuditBoard from UiPath where he spent the past six years overseeing customer success teams through the company’s IPO and in its early stages as a public company, according to a statement from AuditBoard. He was formerly CIO at General Electric and GE Digital, where he oversaw the 300-person IT corporate audit staff. Greenberger's appointment comes on the heels of AuditBoard's acquisition by Hg for $3 billion. AuditBoard now serves more than 2,000 enterprises in North America and Europe, including over 50% of the Fortune 500 and seven of the Fortune 10, the company said. Congratulations! 

4. Reltio updates Connected Data platform for governance, security: Cloud-based data unification and management company Reltio announced the release of four major updates to its Customer 360 Data Product. The new version of the Reltio Connected Data Platform focuses on improving ease of use, speed, and security. Specifically, the new features include enhanced dynamic segmentation to boost customer experience, retention, and growth; strengthened enterprise security including native multifactor authentication (MFA), as well as the self-service Reltio Trust Center to ease compliance reporting; general availability of Flexible Entity Resolution Networks (FERN) -- Reltio’s customer-data matching engine; and expanded integration with other data governance products like Microsoft Purview and Collibra’s data catalog.

5. Securonix names Marcia Dempster new VP of channel sales: Securonix has named Marcia Dempster as VP of channel sales to breathe new life into the company's partner program heading into 2025. With more than 20 years of channel experience from top organizations such as Keeper Security and CDW’s cloud practice, Marcia will work to build and maintain with MSSPs, VARs, and additional partners through Securonix Elevate, Securonix’s new partner program, designed to bring the benefits of AI-backed SIEM to customers worldwide, according to a statement from the company. Congratulations!

In-Person MSP and Channel Partner Events

  1. Canalys North America Forum, October 22-24, Miami, Florida
  2. Kaseya Dattocon, October 28-30, 2024, Fontainebleau, Miami Beach, Florida
  3. Ingram Micro One, November 6-8, Gaylord Resort, Washington DC
  4. IT Nation Connect, November 6-8, Orlando, Florida
  5. OpenText World, November 19-21, The Venetian Resort, Las Vegas, Nevada
Sharon Florentine

Sharon manages day-to-day content on ChannelE2E and serves as senior managing editor for CyberRisk Alliance’s Channel Brands. She also covers enterprise-class technology companies, strategic alliances and channel partner strategies. Sharon is a veteran tech journalist and editor with more than 25 years experience in the industry, and has previously held key editorial, content and leadership positions at Techstrong Group, CIO.com, Ziff Davis Enterprise and CRN.