Saturday, June 25 2022

Recent cybersecurity companies that raised capital, announced mergers and acquisitions, or financial or strategic transactions. As strategic investors remain active, this week’s largest venture rounds involved familiar trends: third party risk, automation, data governance, and fraud prevention.

Funding

Cycode, an Israel-based security start-up specializing in securing DevOps pipelines and preventing code tampering, has raised $20 million in a Series A round led by Insight Partners, a venture capital firm focused on the software industry, with participation from seed investor YL Ventures.

Panaseer, a London-based provider of continuous control monitoring, has secured $26.5 million in a Series B round led by AllegisCyber Capital, a California-based venture capital firm. Investors include Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments, Paladin Capital Group and new investor, National Grid Partners.

Arkose Labs, a provider of online fraud and abuse prevention solutions based in San Francisco, has raised $70 million in a Series C round led by SoftBank Vision Fund 2, a technology-focused venture capital fund, with participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures.

Authomize, a cloud-based identity and security management platform based in Israel, recently closed a $16 million Series A early stage venture funding round led by Innovation Endeavors with contributions from Blumberg Capital, Entrée Capital, and Microsoft’s venture fund, M12.

BluBracket, California-based provider of code security solutions, secured $12 million in a Series A funding round led by Evolution Equity Partners, a New York- and Zurich-based capital investor specializing in the cybersecurity sector. The investor was joined by existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures.

Anvilogic, a California-based cybersecurity detection automation company, recently closed a $10 million Series A funding round headed by Cervin Ventures, a seed investor firm focused on the B2B software space. Additional participants included Foundation Capital, Point 72 Ventures and Dan Warmenhoven.

NetSPI, a cybersecurity penetration testing company based in Minneapolis, secured $90 million in growth funding. The round was led by KKR, with contribution from Ten Eleven Ventures.

Cyral, a California-based data security and governance startup focused on the modern data cloud and DevOps, raised $26 million in funding from existing investors Redpoint, Costanoa Ventures and A.Capital, as well as a strategic investment from Silicon Valley CISO Investments.

ArmorCode, a Palo Alto-based DevOps application security startup, raised $3 million in a seed round led by Sierra Ventures. Tau Ventures and Z5 Capital, as well as individual investors including Andreas Kuehlmann (CEO of Tortuga Logic) and Prithvi Rai (former Senior Director of Security at Uber, Facebook, and Yahoo!) also participated.

Mergers & Acquisitions

Accenture acquired the French cloud services provider, Linkbynet, which specializes in cloud security, cloud transformation, and cloud optimization, intending to further support clients’ cloud migrations and business transformations.

Fidelis Cybersecurity, the automated detection and response provider based in Bethesda, Maryland, acquired compliance and cloud security provider CloudPassage. San Francisco-based CloudPassage secures cloud infrastructures; its Halo platform unifies security and compliance. According to Anup Ghosh, CEO of Fidelis Cybersecurity, CloudPassage enables customers to “detect and respond to adversaries earlier in the attack lifecycle [and] raises the bar in Active XDR.”

Snyk, the open-source software vulnerability platform based in London, has announced its acquisition of FossID, a Swedish startup that builds a software composition analysis tool which scans code for open-source licenses and vulnerabilities. The acquisition of FossID is Snyk’s third within the last six months.

Jamf, developer of enterprise management software for the Apple platform, announced its acquisition of Wandera, a zero-trust security startup headquartered in San Francisco, for $400 million. According to Jamf CEO Dean Hager, Wandera’s zero-trust approach fills in an important piece in the Jamf platform tool set, providing customers “a single source platform that handles…capabilities across all Apple devices while delivering zero trust network access for all mobile workers.”

HelpSystems, the Minneapolis-based cybersecurity and automation software provider, has acquired Beyond Security, a vulnerability assessment and management solutions company based in California, expanding its own email and cloud security portfolio. In addition, HelpSystems separately announced the acquisition of Agari, a provider of email security solutions for enterprise customers.

SecureLink, the Texas-based provider of third-party remote access and security, has acquired Maize Analytics, a Tennessee-based provider of data governance services. With the acquisition, Maize Maize Analytics technology identifies non-compliant/risky behavior within the systems to which SecureLink currently controls access.

Absolute Software Corp., a publicly traded Canadian company specializing in endpoint security and data risk management, has announced its acquisition of Seattle-based NetMotion, a security startup which Absolute says will complement its Endpoint Reslience offering, for $340 million.

secunet, a German provider of IT security, has acquired Stashcat, a software that enables secure messaging with integrated file storage and video conferencing functionality.

Previous

Dueling Reports Flag Cyber Issues

Next

US Infrastructure Plan Includes Billions for Cybersecurity Improvements

Check Also

Widget

Don’t Miss

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 […]

Immuta Raises $100 Million in Series E Funding

SecureDisruptions

Immuta, the leader in data access and data security, today announced that it has secured $100 million in Series E funding. With this investment, Immuta will meet growing data security and privacy demands by accelerating secure data access across all cloud platforms. Only Immuta can automate access to data by discovering, securing, and monitoring data […]