Sunday, February 5 2023

Upstream Security and Hunters complete Series C and Series A funding rounds, respectively. Elastic NV acquires build.security.

Funding

Upstream Security, an Israeli provider of automotive cybersecurity and a data analytics platform for connected vehicles, has closed a $62 million Series C funding round led by Mitsui Sumitomo Insurance, along with new investors I.D.I. Insurance, NextGen Mobility Fund, and La Maison Partners.

Hunters, a Massachusetts-based extended threat detection and response startup, has secured $30 million in a Series B funding round headlined by Bessemer Venture Partners (BVP).

Boston-based intelligence software company Armored Things has raised $12 million in a Series A funding round led by Nimble Ventures, with additional contribution from Gutbrain Ventures, PBJ Capital, and Micromanagement Ventures, and existing investors including Glasswing Ventures, Will Ventures, and iNovia Capital.

Cribl, a California-headquartered data observability company, has completed a $200 million Series C funding round led by Greylock and Redpoint Ventures, with participation from Institutional Venture Partners, Sequoia, and CRV.

Mergers and Acquisitions

Elastic NV, a search software company based in The Netherlands, has acquired Israel-based build.security network security company. The acquisition extends Elastic’s Limitless XDR solution to bolster cybersecurity in cloud-native environments.

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