💰 Security, Funded #13

A deep dive on cybersecurity funding and industry news from the week of September 27, 2021

Author

Mike Privette
September 27, 2021 • Reading Time: 4 minutes

Summary

  • 11 companies raised $423.4M

  • 5 companies were acquired or had a merger event

By Category

  • $205.0M for Cyber Insurance

  • $75.0M for Software Security

  • $50.0M for Zero Trust

  • $35.0M for Data Protection

  • $20.5M for Third-Party Security

  • $20.0M for Connected Vehicle Security

  • $10.0M for Threat Intelligence

  • $5.0M for Confidential Computing

  • $2.9M for Privacy

  • An undisclosed amount for Network Security

  • An undisclosed amount for Cybersecurity Education

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By Company

  • Coalition, a cyber insurance company, raised a $205.0M Series E.

  • Snyk, a developer security platform for securing code, raised a $75.0M Series F.

  • Datacloak, a zero trust data security platform, raised a $50.0M Series B.

  • Tonic, a platform that mimics production data to create de-identified data for QA, testing, and development, raised a $35.0M Series B.

  • SecZetta, a provider of third-party identity risk services, raised a $20.5M Series B.

  • SenseOn, a self-driving cyber defence platform, raised a $20.0M Series A.

  • S2W, a company specializing in cybersecurity data analysis for cyber threat intelligence, raised a $10.0M Series B.

  • Profian, a confidential computing platform focused on bespoke open source solutions, raised a $5.0M Seed.

  • Dataships, a data privacy software and services company, specializing in automating GDPR and CCPA compliance, raised a $2.9M Seed.

  • EC-Council, an education organization specializing in cybersecurity certifications, raised an undisclosed Private Equity round.

  • YUANBAO TECH, a network security company, raised an undisclosed Series B round.

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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