Massive expansion continues through acquisition and large-scale capital influx. Wix raises additional $250 million four months after raising $120 million. The EVA Group eye’s its seat as a top 3 in France. Appgate sees $1 billion valuation while going public through NLW’s acquisition.
Israeli cybersecurity startup Wiz raises $250 million in latest round of funding at $6 billion valuation. This latest funding round follows a $120 million influx from 4 months ago at a valuation of $1.8 billion. Founded at the beginning of the pandemic, Wiz focuses on security technology that allows enterprises to securitize its cloud environment in an agent-less manner. Alleging an over subscription of interest, Wiz limited this round to Insight Partners, Greenoaks, Sequoia Capital, Salesforce, and other existing investors.
Holding company RealDefense acquires STOPzilla for a now undisclosed sum. Seeing an average increase in revenue of 25% within the first month, RealDefense brings its marketing and customer service prowess to the companies it acquires and will bring a portfolio of products to Stopzilla’s customer privacy, security, and optimization services. “We are excited to offer RealDefense’s suite of products to STOPzilla customers and continue to provide valuable privacy, security and optimization services,” said Gary Guseinov, CEO, RealDefense.
Sopra Steria enters negotiation with French cybersecurity and IT performance firm EVA Group. The EVA Group is focused on consulting, audit, and integration expertise, and Sopra Steria’s acquisition of those talents will provide it further access to the exponentially expanding cybersecurity market. Once complete this acquisition will move Sopra Steria into a top-three player in the French cybersecurity market.
Virginia based Shift5 secured $20 million through its Series A. Shift5’s influx earmarked to further develop operational intelligence and cyber platform operations for military vehicles and commercial sector transportation systems. “Defending the cyber-physical attack surface of planes, trains, and tanks is a national security imperative,” Josh Lospinoso, co-founder and CEO of Shift5.
With an eye to expand its local manpower, Boston based tech startup Black Kite raises a new $22 million through its latest funding round. Black Kite is utilizing large scale data compilation to assess and rate the ongoing cyber security status of third-party companies, to subsequently market those ratings to customers in need to vet potential partners.
MERGERS AND ACQUISITIONS
Forcepoint set to acquire security service edge (SSE) provider Bitglass to keep progressing through its M&A activities. Forcepoint plans to integrate into the Bitglass Data-first SASE architecture to seek additional advanced data security and connectivity capabilities to simplify how customers safely and efficiently access, protect, and use their data.
Anser Advisory and Markon Solutions announce merger to expand each organizations’ reach through respective swaths of markets. Markon Solutions will subsume Ancer which will continue operating as a wholly-owned subsidiary servicing the intelligence community, defense agencies, the aviation industry, as well as education and healthcare industries. While there will be no noticeable difference to their respective clients, these parties will continue working to finalize a fully integrated organization under the Anser Advisory organization.
Global cyber security outfit Herjavec Group realizes additional growth through acquisition of SEGMENTECH, a cyber security firm focused on Identity and Access Management and Privileged Access Management solutions for enterprise level customers. This acquisition further expands and accelerates Herjavec Group’s IAM practice by adding Privileged Access Management talent.
Managed cybersecurity and IT solutions outfit Meriplex acquires Managed Services Provider Reliable IT to break into two main verticals focused on the banking and healthcare industries. “Reliable IT adds a substantial presence in the medical and financial MSP/MSSP space for Meriplex. Not only are they bringing over a large portfolio of healthcare and banking clients, but a deep level of industry specific talent to support the customer’s needs,” said David Henley, CEO of Meriplex.
Secure access company Appgate goes “public” through finalizing merger with Newton Lane Marketing (NLW); sees NLW change its name to mirror its newest addition, Appgate. Appgate further announced an additional investment influx of $25 million provided by Magnetar Financial, bringing Appgate’s valuation to $1 billion.
Read more cybersecurity M&A and funding updates from SecureDisruptions here.