Soaring Cybersecurity Valuation: eSentire Weighs Sale at Nearly 7x Annual Revenue — Sources

eSentire, a leading cybersecurity company based in Waterloo, Ontario, is reportedly exploring a potential sale that could value the firm at approximately $1 billion, including debt. This valuation is over seven times the company’s annual recurring revenue, which stands at around $150 million.

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Plurilock Files Patent For Generative AI Tech That Prevents Sensitive Data From Being Leaked

Plurilock Security (TSXV: PLUR) has continued to develop security products for use with generative artificial intelligence. The company this morning disclosed that it has filed a nonprovisional patent application with the United States Patent and Trademark Office for its further tech in the category.

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