Monday, June 27 2022

CYBERSECURITY VENTURE FUNDING AND MERGERS: This week’s largest venture rounds INVOLVED Identity and Access Management, email security, and API security. Observability and managed security TOOLS REMAIN STRONG TARGETS FOR STRATEGIC BUYERS.

Funding

SaaS observability company Observe, Inc. has secured $70 million in a series A-2 funding round with participation from Sutter Hill Ventures (SVH), Capital One Ventures, and Madrona Ventures.

YL Ventures, an Israeli-American venture capital firm focused on cybersecurity, has launched a new $400 million fund to back Israel’s cybersecurity sector. The fund will be used to lead the seed rounds of approximately 3 startups per year and invest in the companies’ follow-on rounds.

Cloud email security company Abnormal Security raised $210 million in a series C funding round led by global software investor Insight Partners, with participation from Greylock Partners and Menlo Ventures.

AutoRABIT, a DevSecOps platform for Salesforce, raised $26 million in Series B funding to help growth initiatives. This funding round was led by a new investment from growth equity firm Full in Partners. 

Phylum, a software supply chain security company, secured $15 million in a series A funding round led by ClearSky, with contributions from Atlassian Ventures, SixThirty Ventures, First In™ and TechOperators.

Teleport, a provider of Identity-based Infrastructure Access Management, announced it has raised $110 million in Series C funding led by Bessemer Venture Partners with participation from Insight Partners and existing investors Kleiner Perkins and S28 Capital.

ProofID, a provider of identity and access management (IAM) services, has received a £15 million investment from Maven Capital Partners.

Sunday Security, an Israeli cybersecurity startup, has raised $4 million in seed funding. The round was led by MoreVC, with participation from numerous renowned security executives.

Material Security, an email security company, announced it has secured $100 million in a series C funding round led by Founders Fund.

ShiftLeft, a provider of automated application security testing, has secured $29 million in funding from cybersecurity-focused investor SYN Ventures and Blackstone Innovations Investments with participation from existing investors.

API security and observability company Traceable AI raised $60 million in a Series B funding round led by Institutional Venture Partners (IVP), with participation from Tiger Global Management and existing investors Unusual Ventures and BIG Labs.

Mergers and Acquisitions

Techstep, a mobile security company, will acquire the entire share capital of cybersecurity company Crypho for NOK 10 million. This acquisition will expand and strengthen their product offerings.

Datadog, a monitoring and security platform for cloud applications, has announced its acquisition of Hdiv Security, a security-testing software provider. The addition of their capabilities will enable Datadog a more comprehensive approach to application security.

IDEAL Holdings has acquired Netbull, a cybersecurity company specializing in incident investigation and cybersecurity monitoring for €6.3 million. This transaction has created one of the largest cybersecurity companies in Greece and Cyprus.

Magnet Forensics, a developer of digital investigation solutions, will acquire the strategic IP assets of Comae Technologies, a cybersecurity firm specializing in incident response and memory analysis. 

LexisNexis Risk Solutions has announced the acquisition of BehavioSec, an advanced behavioral biometrics technology provider that helps establish identity trust. They will become part of the business services group within LexisNexis Risk Solutions.

UNS, Inc., an international information technology consulting service provider, has acquired CyberPeak Solutions, a Managed Security Service Provider. The acquisition will combine UNS’ global cybersecurity practice with CyberPeak Solution’s cloud-based cybersecurity offerings.

Previous

Abnormal Security Raises $210M in Series C Funding Round

Next

Semperis Secures Over $200M in Series C Funding Round

Check Also

Widget

Don’t Miss

Cyber Deals: HUB Security, Cyberint, MetaCompliance

SecureDisruptions

Cybersecurity Venture Funding and Mergers: Venture funding and merger activity involved cyber awareness, enterprise security, and threat intelligence companies. Cybersecurity companies are evolving to match demand from the healthcare and intelligent infrastructure industries. Funding Cyberint, a threat intelligence and attack surface management company, announced a $40 million financing round led by StageOne Ventures, Neva SGR, […]

Firmware Supply Chain Company Binarly Raises $3.6 Million

SecureDisruptions

Binarly Inc., a cybersecurity company building technology to address repeatable security failures in the firmware supply chain, today announced $3.6 million in seed funding from WestWave Capital and Acrobator Ventures. Prominent cybersecurity leaders Michael Sutton, Thomas ‘Halvar Flake’ Dullien, Jamie Butler, Ryan Permeh, Bryson Bort, Pedram Amini, Chris Ueland and David Mandel from Emerging Ventures […]

Allied Universal Acquires Three Companies

SecureDisruptions

Allied Universal®, the leading security and facility services company, is continuing its global expansion with the acquisition of three companies located in New York, the Netherlands and Denmark. The largest of the three companies, International Protective Service Agency, is headquartered in New York, NY, and provides comprehensive security and event services for clients located throughout New York and New Jersey. IPSA founder and owner Jerry […]

SEMPRE.ai ACQUIRES NEWSPACE NETWORKS

SecureDisruptions

SEMPRE.ai, the technology company created to secure America’s critical infrastructure, announced the acquisition of NewSpace Networks to further safeguard and expand the availability of terrestrial, maritime, airborne and space-based wireless communications. Integration of the two companies’ technologies has been underway for more than a year, with the first commercial products having been tested domestically with the U.S. Department of […]

Quickpass Cybersecurity Secures $7M in Series A Funding Round

SecureDisruptions

Quickpass Cybersecurity, a leading provider of Privileged Access Management and Helpdesk Security Automation for MSPs (Managed Service Providers), announced a new $3 million round of financing in partnership with Arthur Ventures. This completes their Series A round of financing, totaling $7 million. This round of funding will enable Quickpass to accelerate the company’s efforts to […]

GreyNoise Raises $15 Million in Series A Funding

SecureDisruptions

GreyNoise Intelligence, the cyber security company analyzing internet scanning traffic to separate threats from background noise, today announced that it has raised a $15 Million round of Series A funding led by Radian Capital. With participation from CRV, Inner Loop, Stone Mill Ventures and Paladin Capital, this brings the total of funding raised to date to […]