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.
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.
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.
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.