SKYBOX SECURITY SHUTS DOWN, LAYS OFF ENTIRE WORKFORCE

Summary from the TLDR InfoSec newsletter

Cybersecurity firm Skybox Security has suddenly closed down, laying off all 300 employees across Israel and the US despite raising $335 million in funding including $50 million just two years ago. Rival Israeli firm Tufin has purchased Skybox's technology and business assets and is creating a transition program to support Skybox's former customers during this disruption.