Sunday, February 5 2023

Cybersecurity M&A and Funding Update: May 28

Khushi Arora 0

Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. This week, cloud computing security, […]

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Bizarro Malware Reaches Banks in Europe

Aleema Elahi 0

A banking trojan named Bizarro has expanded its attacks to target customers of 70 European and South American banks. The […]

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S&P Hints at Rating Downgrades for Poor Cyber… Again

Ellie Buscemi 0

Standard & Poor’s (S&P) continues to warn financial institutions that poor cyber risk management practices may lead to ratings downgrades. […]

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Third-Party Cloud Service Misuse Exposes Over 100M Users’ Data

Khushi Arora 0

A recent report highlights app developers’ misconfiguration and poor implementation of third party cloud services, which may have exposed sensitive […]

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EU Extends Sanctions to Hackers—Banks, Cyber Insurers Face Dilemma

Ellie Buscemi 0

The European Council extended a framework that penalizes cyber-attacks against EU or member countries for another year. The framework, part […]

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US Infrastructure Plan Includes Billions for Cybersecurity Improvements

Jay Duncan 0

United States President Joe Biden’s ambitious infrastructure proposal, the American Jobs Plan, includes $20 billion in funds to help state, […]

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Cybersecurity M&A and Funding Update: Week of May 14

Khushi Arora 0

Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. As strategic investors remain active, […]

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Dueling Reports Flag Cyber Issues

SD Editor 0

Two recent executive surveys present divergent assessments of executive confidence in their organizations’ level of cyber risk preparedness. The Cyber […]

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Don’t Miss

Cyber Executive Moves: Appgate, Trellix, Rubrik

Julia Bischoff

Appgate appoints a new CEO, Trellix hires loanDepot’s CISO, SANS Institute taps new CISO director. Secure access solutions provider Appgate appointed Leo Taddeo as chief executive officer and president. Taddeo stepped into the new role after serving as Appgate’s chief information security officer since February of 2022. The SANS Institute, a cybersecurity training company, appointed […]

Cyber Deals: Drata, Field Effect investments, and Veracode acquisition

Julia Bischoff

Cybersecurity venture funding and merger activity: This week’s largest deals were MDR and security automation investments, as MSP consolidation continues to attract corporate buyers. Funding Cork, Ireland-based, data encryption company Valutree acquired $12.8 million in their series A funding round, led by investors Molten Ventures and Ten Eleven Ventures. Funds will be used to expand […]

Cyber Deals: Spin Technology, CyberArk, Mesh Security

James Hu

Cybersecurity Venture Funding and Mergers: This week’s deals involved cloud security services, data privacy, and industrial cybersecurity companies. Funding Cloud cybersecurity firm Mesh Security has secured $4.5 million in venture funding. The round was led by Booster Ventures with participation from other investors. Spin Technology, a firm providing SaaS security solutions, raised $16 million in […]

Cyber Deals: Cybrary, Ping Identity, Axio Global

James Hu

Cybersecurity Venture Funding and Mergers: Key investments were made in cybersecurity training, secure enterprise browser, and risk management companies. M&A activity this week involved identity security, zero trust, and threat intelligence firms. Funding Cybrary, a cybersecurity training platform, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula […]

Cybrary Secures $25 Million in Series C Funding Round

James Hu

Cybrary, a Maryland-based cybersecurity training platform provider, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula Tech Adventures, two of its current investors. Following its $15 million Series B round announced in November 2019, this latest investment brings Cybrary’s total funding to date to $48 million. Cybrary […]

Cyber Deals: Exterro, Naoris Protocol, Cybit Sec

James Hu

Cybersecurity Venture Funding and Mergers: This week, notable funding and M&A activity involved compliance, enterprise security, and vulnerability assessment firms. Funding Exterro, a legal governance, risk, and compliance software provider, completed a strategic recapitalization valuing the firm at over $1 billion. The company, currently owned by Leeds Equity Partners, is targeting a potential 2023 initial […]