IronNet, Inc. - IRNTQ STOCK NEWS

Welcome to our dedicated page for IronNet news (Ticker: IRNTQ), a resource for investors and traders seeking the latest updates and insights on IronNet stock.

IronNet, Inc. is a global cybersecurity leader founded in 2014 by GEN (Ret.) Keith Alexander. The company focuses on transforming how organizations secure their networks by providing a collective defense platform at scale. Utilizing former NSA cybersecurity operators, IronNet integrates deep tradecraft knowledge into its products to address complex cyber challenges.

Recently, IronNet entered a Chapter 11 restructuring phase and secured a $10M debtor-in-possession financing facility. The company aims to stabilize operations and continue serving its customers amidst the rehabilitation process. IronNet's CEO, Linda Zecher, emphasized the importance of the DIP financing in navigating the restructuring period.

IronNet stands out in the cybersecurity industry by bridging the gap between traditional security approaches and the evolving cyber threats. The company's innovative solutions and expert team position it as a key player in combatting sophisticated cyberattacks and safeguarding critical digital assets.

11/03/2023 01:35 PM

News

IronNet Inc. Files Voluntary Chapter 11 Petitions

Rhea-AI Summary

IronNet, Inc. has filed for Chapter 11 bankruptcy and is undergoing a plan of reorganization. They have secured a $10M debtor-in-possession financing facility from ITC Global Advisors. The company has also received approval from the Court to continue its operations and reinstate its cloud computing services with Amazon Web Services.

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Launch of the Collective Defense AI Fusion Center (CDAIC) in Ukraine

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President Volodymyr Zelenskyy implemented the decision of the National Security and Defense Council (NSDC) of October 17 regarding the protection and ensuring the safety of the functioning of critical infrastructure and energy facilities in the conditions of hostilities. The Ukrainian National Center for Cybersecurity Coordination and IP3 International are launching a Collective Defense AI Fusion Center (CDAIC) in Ukraine to defend together in cybersecurity. The CDAIC project is part of an ongoing investment in the reconstruction of Ukraine through the Ukraine Energy Security Fund focused on energy security and infrastructure. IronNet is deploying its IronRadarSM early warning system as part of the CDAIC program and its IronDome® for collective defense that enables the sharing of threat Intelligence at machine speed.

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FAQ

What is the market cap of IronNet (IRNTQ)?

The market cap of IronNet (IRNTQ) is approximately 3.0M.

When was IronNet, Inc. founded?

IronNet, Inc. was founded in 2014 by GEN (Ret.) Keith Alexander.

What is IronNet's primary focus?

IronNet focuses on transforming how organizations secure their networks by delivering a collective defense platform at scale.

What sets IronNet apart in the cybersecurity industry?

IronNet stands out for integrating deep tradecraft knowledge from former NSA cybersecurity operators into its products to address complex cyber challenges.