Thursday, August 11 2022

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, and Viola Growth. These funds will be used to further develop Cyberint’s SaaS threat intelligence & attack surface management platform, Argos Edge.

ConductorOne, a provider of cloud-specific identity security, received $15 million from Fuel Capital, Fathom Capital, and Active Capital in a Series A funding round led by Accel. With these funds, ConductorOne will continue improving their cloud-focused identity security solutions.

Enterprise applications security provider RevealSecurity raised $23 million in a Series A funding round led by SYN Ventures, with participation from Hanaco Ventures, Silvertech Ventures and World Trade Ventures.

Asimily, an IoT device security and risk management company, announced a strategic investment from MemorialCare Innovation Fund and Ridge Ventures. Asimily will use this investment to create healthcare-specific IoT device security solutions and expand into the healthcare industry.

Ping Identity, a provider of cloud-based identity management solutions, launched Ping Ventures, a $50 million corporate venture capital fund directed towards early stage, high-growth technology companies focused on identity and access management solutions.

Binarly, a firmware supply chain cybersecurity company, secured $3.6 million in seed funding from WestWave Capital and Acrobator Ventures. 

Mergers and Acquisitions

Johnson Controls, a company developing solutions to make buildings smarter, acquired critical infrastructure cybersecurity company Tempered Networks for an undisclosed amount. Johnson Control plans to incorporate Tempered Network’s cybersecurity solutions in their offerings to reach Johnson Control’s goal of sustainable, smart buildings that are resilient to cyberattacks.

Hub Security, an Israel-based company developing confidential computing solutions, announced measures to advance its $1.28 billion merger with a special purpose acquisition company (SPAC), Mount Rainier Inc.

Cybersecurity training software provider MetaCompliance acquired Denmark-based cyber awareness company MOCH for an undisclosed amount. This acquisition will accelerate MetaCompliance’s growth in the European market.

Cybersecurity company Allied Universal announced its acquisition of New York-based International Protective Service Agency, CQB Beveiliging B.V. based in The Netherlands, and Kronjyllands Vagtservice based in Denmark. The strategic acquisitions will expand Allied Universal’s global footprint.

Previous

Firmware Supply Chain Company Binarly Raises $3.6 Million

Next

Normalyze Announces $22.2M in Series A Funding

Check Also

Widget

Don’t Miss

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 […]

Cybrary Secures $25 Million in Series C Funding Round

James Hu

Cybrary, a Maryland-based cybersecurity training platform provider, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula Tech Adventures, two of its current investors. Following its $15 million Series B round announced in November 2019, this latest investment brings Cybrary’s total funding to date to $48 million. Cybrary […]

Cyber Deals: Exterro, Naoris Protocol, Cybit Sec

James Hu

Cybersecurity Venture Funding and Mergers: This week, notable funding and M&A activity involved compliance, enterprise security, and vulnerability assessment firms. Funding Exterro, a legal governance, risk, and compliance software provider, completed a strategic recapitalization valuing the firm at over $1 billion. The company, currently owned by Leeds Equity Partners, is targeting a potential 2023 initial […]

Cyber Deals: Halborn, Irideos, Anvilogic

James Hu

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. Funding Halborn, a blockchain cybersecurity firm, raised $90 million in a Series A funding round led by Summit Partners with participation […]

Huntress acquires Curricula for $22 million

James Hu

Huntress, a cybersecurity firm providing a security management platform to small and medium sized businesses, has acquired Curricula, a security awareness training service provider, for $22 million. Curricula is a freemium SaaS company offering solutions for employee cybersecurity training. Their methods incorporate behavioral learning techniques and engaging storytelling to maximize employee engagement. Small and medium […]

Applus+ acquires jtsec

James Hu

Applus+, a certification services provider based in Spain, has acquired jtsec, a cybersecurity certification company. jtsec is based in Spain, providing cybersecurity solutions for various industries including the health, financial, and Internet of Things (IoT) sectors. Beyond their certification services, jtsec is also known for its penetration testing offerings. Applus+ provides certifications for the energy, […]