💰 Security, Funded #12

A deep dive on cybersecurity funding and industry news from the week of September 20, 2021

Author

Mike Privette
September 27, 2021 • Reading Time: 5 minutes

Summary

  • 11 companies raised $287.2M

  • 5 companies were acquired

By Category

  • $130.0M for Identity and Access Management

  • $42.0M for Third-Party Security

  • $30.0M for Software Security

  • $27.0M for IoT Security

  • $20.0M for Threat Detection

  • $15.0M for Internet Security

  • $11.0M for Privacy

  • $8.1M for Firmware Security

  • $4.1M for Governance Risk and Compliance

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By Company

  • Saviynt, an intelligent identity and access governance solution for cloud applications, raised a $130.0M Private Equity.

  • Panorays, a platform that automates the third-party security process, raised a $42.0M Series B.

  • Sternum, an endpoint security solution for IoT devices, raised a $27.0M Series B.

  • Stairwell, a cybersecurity company that offers a platform for threat hunting, detection, and response, raised a $20.0M Series A.

  • Cloudsmith, a cloud-native DevOps warehouse built on Package Management, that secures, controls and accelerates software delivery, raised a $15.0M Series A.

  • DeepFactor, a continuous AppSec observability platform, raised a $15.0M Series A.

  • Jscrambler, a client-side security solution for JavaScript protection and webpage real-time monitoring, raised a $15.0M Series A.

  • Osano, a data privacy platform that helps websites become compliant with GDPR and CCPA, raised a $11.0M Series A.

  • Exein, a firmware focused cybersecurity startup, raised a $8.1M Series A.

  • Hicomply, a governance, risk, and compliance (GRC) platform helping companies manage security and data privacy programs, raised a $4.1M Venture Round.

  • Oatfin, a cloud infrastructure automation and cloud security platform, raised a $100.0K Pre-Seed

Mergers & Acquisitions

  • Cybellum, a company enabling product security teams to develop and maintain secure connected products, was acquired by LG Electronics for $240.0M.

  • Smoothwall, a provider of digital safety services for schools and businesses, was acquired by Linewize for $142.0M.

  • Threat Stack, a cloud infrastructure security company, was acquired by F5 for $68.0M.

  • Tugboat Logic, a continuous security and compliance company, was acquired by OneTrust for an undisclosed amount.

  • Alyne, a SaaS platform for the risk management lifecycle, was acquired by Mitratech for an undisclosed amount.

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