Twistlock founders shut down Minimus cybersecurity startup after three years; $51M seed-funded company to return remaining cash to investors, maintain 60-day transition period for customers before October 22 registry shutdown.

After raising $51 million, Minimus shuts down as Twistlock founders return remaining cash to investors

The founders of container security pioneer Twistlock are shutting down their latest cybersecurity startup, Minimus, bringing an unusual end to a company that raised $51 million from prominent investors but failed to build enough commercial momentum in an increasingly crowded market.Ben Bernstein, Dima Stopel and John Morello, who sold Twistlock to Palo Alto Networks for approximately $410 million in 2019, announced that Minimus will cease operations and return its remaining cash to investors.The...