Saturday, September 24 2022

Recent cybersecurity companies that closed funding rounds, public offerings, mergers and acquisitions involving financial and strategic buyers announced this week.

This week’s highest venture funding rounds involved operational technology and supply chain security companies. This week saw acquisition transactions also involving and supply chain security and industrial cybersecurity companies.

Funding

Finite State, an Ohio-based provider of supply chain security for connected devices and critical infrastructure, has raised $30 million in a Series B funding round led by Energize Ventures, which seeks investments in early and growth-stage technology companies. Schneider Electric Ventures and Merlin Ventures also participated in the round.

Nozomi Networks, a San Francisco-headquartered operational technology (OT) and internet of things (IoT) security company offering visibility into industrial control systems, has secured $100 million in a Series D funding round headed by Triangle Peak Partners, with additional investments from companies including Honeywell Ventures, Keysight Technologies, and Porsche Ventures.

Seedata.io, a London-based cybersecurity startup that helps businesses detect data leakage incidents, has raised $892 thousand in a pre-seed funding round fulfilled by numerous individual investors including ComplyAdvantage founder Charles Delingpole and Intec Telecom Systems co-founder Tom James, as well as venture capital firms CyLon and Triple Point.

Venari Security, a London-based cybersecurity company that provides threat detection, encrypted traffic analysis, and cryptographic and regulatory compliance solutions, has secured £4.2 million in a Series A funding round backed by individual investors including former Palo Alto Networks president Lane Bess and former Sungard chief executive officer Cris Conde.

Mergers and acquisitions

Checkmarx, an application security testing company based in Israel, has acquired open-source supply chain security company Dustico. “With Dustico, we’re building on our mission to secure open source by enabling customers to perform vulnerability, behavioral, and reputational analysis from a single solution. This will give developers and security leaders the insights and confidence needed to choose safer code packages, and in turn, build more secure applications at speed,” stated Maty Siman, Checkmarx chief technology officer.

Sophos has announced its acquisition of Refactr, a Seattle-based DevSecOps startup. With its third acquisition this year, Sophos aims to optimize its managed threat response (MTR) and extended detection and response (XDR) capabilities with Refactr’s security orchestration automation and response (SOAR) capabilities.

CDW, an Illinois-based IT solutions company, has acquired Focal Point Data Risk, a Florida-based cybersecurity services provider. “Adding Focal Point’s array of security consulting, customer workforce skills development and professional services capabilities expands CDW’s services portfolio and enhances our ability to address risks posed by malicious cyber threats and cyber workforce shortages, while helping customers successfully navigate shifting data protection laws,” said CDW chief executive officer Christine Leahy.

Deloitte has acquired aeCyberSolutions, the industrial cybersecurity solutions division of Applied Engineering Solutions. With the acquisition, Deloitte will enhance its existing cybersecurity offerings by integrating aeCyberSolution’s industrial control systems/operational technology (ICS/OT) security into their own offerings.

Ivanti, a Utah-headquartered software company, has acquired RiskSense, a California-based penetration testing and cloud-based vulnerability management company. The acquisition will enhance Ivanti’s abilities to help organizations shrink their attack surface, prioritize vulnerabilities to remediate, and reduce their exposure to cyber threats and ransomware attacks by taking a proactive, risk-based approach to patch management.

Previous

Cyber Executive Moves: SentinelOne

Next

Cyber Executive Moves: Huobi, OneSpan, TSG

Check Also

Widget

Don’t Miss

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 […]

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 […]