Wednesday, March 29 2023

Cybersecurity Venture Funding and Mergers: This week, cybersecurity venture funding and M&A activity involved blockchain, artificial Intelligence, and SaaS solution providers. Many of these deals will also be funding the future of cloud security.


Halborn, a blockchain cybersecurity firm, raised $90 million in a Series A funding round led by Summit Partners with participation from Castle Island, Digital Currency Group, Brevan Howard, Third Prime, Sky Vision Capital, and Fenwick. 

Machine learning detection & response provider HiddenLayer received $6 million in seed funding from Ten Eleven Ventures.

BugBase, an India-based marketplace for cybersecurity testing, raised $500k in a pre-seed funding round led by 2AM Ventures. Finsight Ventures, Dholakia Ventures, and SAT Industries also participated.

Push Security, a provider of solutions for secure Software-as-a-Service usage, raised $4 million in a seed funding round led by Decibel. The round was also backed by industry leaders Jon Oberheide, co-founder of Duo Security, and Haroon Meer, chief executive officer and founder of Thinkst.

Founder and CEO of Anvilogic Karthik Kannan

Palo Alto-based security operations platform provider Anvilogic secured $25 million in a Series B funding round headed by Outpost Ventures, with contribution from Xerox Ventures, G Squared, Foundation Capital, Point72 Ventures and Cervin Ventures.

AppViewX, an application infrastructure security and machine identity management company, has raised $20 million in Series B funding. The round was led by existing investor Brighton Park Capital.

Mergers and Acquisitions

Asterion, a Spanish fund, acquired 78.4% of Italian digital infrastructure company Irideos. While the deal amount is undisclosed, people close to the transaction claimed that it valued Irideos at $413 million.

Applus+, a certification services provider, has acquired jtsec, a cybersecurity certification company.

Nick Santora, founder and CEO of Curricula

Huntress, a cybersecurity firm providing security management platforms to small and medium sized businesses, has acquired Curricula, a security awareness training service provider, for $22 million.

American IT asset management company ePlus has acquired Future Com, a cloud security and cybersecurity consulting firm.

Blockdaemon, a blockchain infrastructure company, has acquired Sepior, a data and digital asset security company.


Huntress acquires Curricula for $22 million


Cyber Deals: Exterro, Naoris Protocol, Cybit Sec

Check Also


Don’t Miss

Cyber Executive Moves: Netizen, Kroll, Coalfire

Julia Bischoff

Netizen hires Joe Carr as director of cybersecurity, and Krebs Stamos Group names new chief information security officer. Netizen, a veteran-owned cybersecurity solutions provider, named Joe Carr as director of cybersecurity. Carr held many different positions before Netizen, including overseeing acquisition programs for the United States military.  Krebs Stamos Group, a technology risk insights provider, […]

Cyber Deals: Opscura, Acceldata, and Sensiguard Acquisition

Austin Boland-Ferguson

Cybersecurity venture funding activity and mergers and acquisitions: This week’s most sizable deals included emergency and healthcare security service providers. Funding Industrial control system (ICS) cybersecurity provider Opscura Inc. received $9.4 million in Series A funding, which will help the Spain-based company with US expansion. Tenable’s corporate venture capital arm led a $7 million seed […]

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 […]