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Backline Exits Stealth with $9M to Unleash AI Agents on Enterprise Security Backlogs

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SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ — Backline, the autonomous security remediation platform, launched from stealth today with $9 million in Seed funding led by StageOne Ventures, with participation from Evolution Equity Partners and Gradient. The company’s fleet of AI agents automatically fixes security vulnerabilities and misconfigurations at scale, helping enterprises tackle their overwhelming security backlogs. Already deployed across organizations, Backline’s agents safely implement verified code and configuration changes while working alongside existing security and engineering teams.

Enterprises are inundated with security issues, with new vulnerabilities being discovered at an unprecedented rate. In 2024 alone, over forty thousand new CVEs were reported, averaging one every 13 minutes. Existing security tools are effective at detection and prioritization, but this approach can’t scale — organizations simply lack the resources to address even their most severe security findings.

“Engineering teams spend over 20% of their time fixing security issues, but that barely covers the most critical ones,” said Maor Goldberg, co-founder and CEO of Backline. “They wake up each day to hundreds of new issues — not because anything changed overnight, but simply due to newly discovered vulnerabilities or weaknesses in cloud services they are using. This has led to endless prioritization and perpetually growing backlogs of ‘lower-priority’ issues. The frustrating reality is that most breaches stem from known security issues — often simple to fix, but buried deep in backlogs that developers, DevOps, and platform engineers will never find time to address.”

Backline’s autonomous security remediation platform deploys a fleet of AI agents that work together to tackle this backlog at scale. The agents step into the shoes of security and software engineers, analyzing security findings, gathering necessary context, determining optimal fixes for the specific environment, and implementing verified code and configuration changes that customers can trust. The platform is designed for autonomous operation while maintaining full visibility and control — teams can choose their preferred level of oversight and automation based on their specific needs and requirements.     

“Security backlogs are now the number one thing keeping CISOs up at night,” said Tal Slobodkin, Managing Partner at StageOne Ventures, who also backed the founding team’s previous startup. “Backline’s deep cybersecurity expertise combined with their vision for autonomous remediation present a way out of the prioritization paradigm through multiple orders of magnitude improvement in remediation velocity. We haven’t talked to a single organization that claims to have their security backlog fully under control, which signals just how significant this opportunity is.”

“Security backlogs are a burden that must be addressed at every company,” said Michael Bourgault, Senior Security Architect at Arkose Labs. “We’re excited about how Backline’s autonomous security remediation platform, with its unique agentic approach, can help us quickly deploy reliable code and configuration changes at scale to tackle this challenge.”

The platform integrates seamlessly with organizations’ existing security tools, consolidating findings into a centralized security findings lake. At its core, Backline uses AI-native remediation playbooks — deterministic and verified recipes purpose-built and designed for AI agents — which are further enriched with customer-specific context.  These playbooks ensure consistent, high-quality fixes that mitigate the unpredictability of out-of-the-box foundational LLMs. When agents encounter scenarios requiring additional input, they automatically engage relevant engineers through tools like Jira, Slack, and GitHub. This feedback loop continuously improves the platform’s autonomous capabilities while maintaining complete visibility and control over the remediation process.

“Organizations are drowning in security problems while existing security tools just describe the water,” said Darian Shirazi, Managing Partner at Gradient. “Backline represents a fundamental shift from endless prioritization to actual remediation. By deploying AI agents that can safely implement and verify fixes at scale, Backline ensures accuracy and trust — the critical foundation for successful enterprise adoption of AI systems.”

“As AI accelerates the discovery and exploitation of vulnerabilities, enterprises need a new approach to remediation that can match this pace,” said Yuval Ben-Itzhak, General Partner at Evolution Equity Partners. “Trust in automation comes through verification, and Backline’s platform delivers exactly that — enabling autonomous remediation while ensuring every change is thoroughly tested and validated.”

About Backline

Backline was founded in August 2024 by cybersecurity veterans Maor Goldberg (CEO), Eran Leib (Chief Customer Officer), and Aviad Chen (VP R&D), who have worked together for over 25 years since starting their careers in the Israeli Defense Forces. Backline is their third cybersecurity startup together, following Whitebox Security (acquired by SailPoint) and Apolicy (acquired by Sysdig). With a team spread across Israel and the United States, Backline already works with leading organizations and early adopters worldwide.

More information at backline.ai

Media Contact
Lazer Cohen
lazer@concrete.media
347-753-8256

View original content to download multimedia:https://www.prnewswire.com/news-releases/backline-exits-stealth-with-9m-to-unleash-ai-agents-on-enterprise-security-backlogs-302364742.html

SOURCE Backline AI, Inc.

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DEX Platform DeriW Officially Debuts at the ‘Connecting Legends’ Event in Hong Kong

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HONG KONG, Feb. 22, 2025 /CNW/ — DeriW, powered by CoinW, celebrated the official product launch of its cutting-edge gas-free, decentralized perpetual exchange. The CoinW-hosted event took place at the prestigious The Henderson-Cloud 39 rooftop ballroom in Central Hong Kong during the ‘Connecting Legends’ after-party.

This landmark event brought together 400 leading figures from the cryptocurrency sector. It included crypto leaders, innovative projects, key opinion leaders (KOLs), and affiliates.

Interactive Fun and Airdrop Rewards 

The evening began with an engaging short video showcasing DeriW as the pinnacle of trading platforms developed by the seasoned experts at CoinW.

Julia, Head of Marketing at DeriW, captivated the audience by outlining the core advantages of DeriW. She presented its vast opportunities available to traders and affiliates. There was also a sneak peek provided into the eagerly anticipated testnet launch.

Another highlight of the evening was a unique interactive event, designed to engage participants and give them a firsthand experience of DeriW’s user-centric platform.

Attendees had the opportunity to participate in various activities, and winners were rewarded with $USDT airdrops, which will be distributed following the platform’s mainnet launch.

Designed for the Future 

DeriW sets itself apart by combining the robust security measures of traditional finance with the innovative flexibility of decentralized networks. At its core, DeriW utilizes state-of-the-art Layer 3 technology on Arbitrum Orbit.

This allows it to process up to 80,000 transactions per second without incurring gas fees.

Its technical prowess promises to deliver an unparalleled trading experience that is both cost-effective and exceptionally fast, catering to the needs of both novice and professional traders.

The launch was not only a celebration but also a forward-looking gathering that set the stage for the upcoming testnet phase of DeriW.

This phase is crucial as it allows users to evaluate the platform’s functionalities and provide necessary feedback.

It ensured that DeriW meets community standards and expectations before its full official rollout.

DeriW Ecosystem: A World of Opportunities

Following the Product Launch, DeriW invites Projects and Affiliates to take advantage of opportunities within the DeriW Ecosystem.

Affiliates can benefit from high commission rates of up to 50% and trading rebates for bringing in new traders, while Projects can make use of ample liquidity, token listing opportunities and extensive support for a successful product launch.

Stay Connected

DeriW is committed to transparency and community engagement.

Its official product launch is just the beginning of what promises to be a revolutionary journey in the world of cryptocurrency trading.

For those interested in DeriW’s latest developments and participating in its testnet:

Follow them on Twitter: @deriwfiVisit their official website: www.deriw.comJoin DeriW Community: https://t.me/deriwfinanceDiscord: https://discord.com/invite/deriwfinance

Join DeriW on this exciting journey to transform the digital finance landscape, one transaction at a time.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dex-platform-deriw-officially-debuts-at-the-connecting-legends-event-in-hong-kong-302382776.html

SOURCE CoinW

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Visionary Holdings: An Innovative Leader in Global Technology and Finance

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TORONTO, Feb. 22, 2025 /PRNewswire/ — Amid the accelerating convergence of technology and finance worldwide, Visionary Holdings Group has become a focal point in the industry due to its exceptional strategic vision and innovative practices. With a strategic framework centered on “technological breakthroughs, capital empowerment, and global integration,” the company has established a diversified industrial ecosystem spanning artificial intelligence, digital finance, new energy, and biotechnology. Since being listed on NASDAQ (stock code: GV), its influence has continued to expand.

1. Technological Innovation: The Core Driver of Future Development
Visionary Holdings spares no effort in technological research and development, achieving remarkable results in fields such as artificial intelligence and quantum computing. Its intelligent customer service and decision support systems, which integrate natural language processing and deep learning technologies, have been widely adopted by renowned financial institutions worldwide, enhancing service efficiency and optimizing operational processes. In industrial automation, the combination of AI large models and edge computing has driven the application of AI quality inspection systems in automotive manufacturing, significantly improving production quality and supply chain responsiveness.

In 2025, Visionary Holdings ventured into quantum computing, collaborating with specialized institutions to develop the “VisionQ” quantum computing chip, providing robust computational power for drug development and financial modeling. Additionally, the company introduced quantum encryption technology to its UBX trading platform, earning international certification and ensuring robust transaction security.

2. Digital Finance: Reshaping the New Landscape of Global Capital Flows
In digital currency infrastructure, Visionary Holdings actively collaborates with regulatory agencies in multiple countries, participating in the technical integration of central bank digital currency (CBDC) projects and offering innovative solutions for real-time cross-border payment settlements. Its “VisionChain” blockchain public chain has been applied in digital governance in parts of the Middle East, ensuring secure data storage and efficient processing. UBX Crypto Bank’s “interest-bearing stablecoin wallet” product provides users with convenient digital asset storage and value-added services, attracting numerous institutional investors.

Simultaneously, the company promotes the tokenization of real estate assets, enhancing asset liquidity and financing efficiency. Its blockchain-based electronic debt rule system reduces financing costs for small and medium-sized enterprises. Collaborating with international institutions, it has established a multi-currency rainbow channel to facilitate interactions between digital RMB and USD stablecoins.

3. Green Technology: Building a Sustainable Energy Future
Visionary Holdings’ Pegasus New Energy Vehicle project has garnered significant attention, with plans to launch an electric sedan in the North American market by 2025, equipped with fourth-generation solid-state battery technology and L4 autonomous driving systems, promising breakthroughs in range and charging efficiency. In smart energy network construction, the company collaborates with international energy firms to build an integrated vehicle-station-grid-storage energy ecosystem, exploring virtual park technologies to enable intelligent coordination between distributed energy and the grid, contributing to green energy development.

4. Global Expansion: Expanding International Market Presence
In North America, Visionary Holdings’ GV Digital Technology Tower serves as a core platform for blockchain R&D, quantum computing, and digital asset trading. Its UBX Technology Tower successfully transitioned to Nasdaq, enhancing the company’s global influence. In emerging markets, the company has established AI computing centers in collaboration with local Middle Eastern enterprises to support smart city development. In Southeast Asia, it launched the multilingual large model “SeaLLM,” assisting local financial institutions in achieving localized growth.

5. Balancing Investment Value and Social Responsibility
From a financial perspective, Visionary Holdings delivered impressive results in 2024, with significant contributions from digital finance and new energy vehicle sales. The company prioritizes technological R&D, boasting numerous patents, and actively participates in global digital finance legislation, building a comprehensive compliance and risk management system. In terms of ESG (Environmental, Social, and Governance), the company plans to achieve 100% green energy usage for its data centers by 2025, reduce supply chain carbon intensity, and deploy solar microgrids in Africa, fulfilling its social responsibilities.

Looking ahead, Visionary Holdings will continue to uphold its spirit of innovation, deepen its global presence, drive industrial transformation through technological advancements, contribute to global economic development and sustainable growth, and create more value for investors.

View original content:https://www.prnewswire.com/news-releases/visionary-holdings-an-innovative-leader-in-global-technology-and-finance-302382767.html

SOURCE Visionary Holdings Inc.

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TAIM EXCHANGE Introduces Advanced Trading Engine to Boost Speed and Efficiency

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TAIM EXCHANGE, a leading digital asset trading platform, has announced the launch of a new, high-performance trading engine designed to improve the speed and efficiency of transactions across its platform.

BOSTON, Feb. 22, 2025 /PRNewswire-PRWeb/ — TAIM EXCHANGE, a leading digital asset trading platform, has announced the launch of a new, high-performance trading engine designed to improve the speed and efficiency of transactions across its platform. This next-generation engine offers enhanced trade execution times and increased liquidity, further solidifying TAIM EXCHANGE’s commitment to delivering cutting-edge technology for the digital asset market.

Transforming the Trading Experience with Speed

The new trading engine on TAIM EXCHANGE has been developed to handle higher transaction volumes and deliver faster execution times, even during peak trading hours. By leveraging advanced algorithms and improved order matching processes, the engine ensures that users can execute their trades quickly, regardless of market conditions.

In addition to optimizing trade speed, the platform’s enhanced engine also improves liquidity by efficiently matching orders, reducing slippage, and providing users with more favorable trading conditions. This upgrade enables TAIM EXCHANGE to offer a smoother and more responsive trading experience, allowing users to take advantage of opportunities in the rapidly evolving digital asset market.

Strengthening Market Integrity and Transparency

The new trading engine is designed with market integrity and transparency at its core. TAIM EXCHANGE has integrated real-time market data analytics, ensuring that users have access to the most up-to-date and accurate information available. This empowers users to make informed decisions, knowing that their trades are executed with the highest level of precision and transparency.

Moreover, the platform continues to prioritize compliance with industry regulations, ensuring that all trades meet established standards for security and fairness. The enhanced trading engine adheres to strict guidelines, providing users with peace of mind knowing that the system operates within a trusted and compliant framework.

Meeting the Needs of Global Traders

TAIM EXCHANGE is known for its global presence and commitment to offering tailored solutions for traders across different regions. With the launch of this advanced trading engine, the platform is further strengthening its global appeal by supporting multiple fiat and digital asset trading pairs. This ensures that traders worldwide can access the same high-speed, efficient trading experience, no matter where they are located.

The platform’s localized support also extends to customer service, providing dedicated assistance to users in various languages. This ensures that all users, regardless of their location, can easily navigate the trading platform and leverage the benefits of the enhanced trading engine.

A Step Toward the Future of Digital Finance

TAIM EXCHANGE’s latest technological development reflects its ongoing commitment to innovation and excellence in digital asset management. By introducing a faster, more efficient trading engine, the platform continues to push the boundaries of what’s possible in the digital finance space.

As the digital asset market evolves, TAIM EXCHANGE remains focused on providing users with the tools they need to succeed. The introduction of the new trading engine is just one example of how the platform is embracing innovation to offer a superior user experience, ensuring that traders can engage with the market in the most effective and efficient way possible.

Media Contact

Alexander Hayes, TAIM, 1 409-299-2073, support@taimwebsite.com, https://taimwebsite.com/

View original content to download multimedia:https://www.prweb.com/releases/taim-exchange-introduces-advanced-trading-engine-to-boost-speed-and-efficiency-302381273.html

SOURCE TAIM EXCHANGE

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