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

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2 years ago

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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

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SOURCE Backline AI, Inc.

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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October 19, 2026

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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11 minutes ago

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October 19, 2026

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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12 minutes ago

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October 19, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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