💰 Security, Funded #15

A deep dive on cybersecurity funding and industry news from the week of October 11, 2021

💰 Summary

  • 13 companies raised $422.2M

  • 5 companies were acquired or had a merger event

🧩 By Category

  • $250.0M for Cloud Security Posture Management (CSPM)

  • $60.0M for Data Governance

  • $22.0M for Threat Intelligence

  • $20.0M for Operational Technology (OT) Security

  • $20.0M for Cyber Insurance

  • $19.5M for Cloud Management Platform

  • $15.0M for Internet of Things (IoT) Security

  • $8.9M for Security Awareness

  • $6.8M for Privacy

  • An undisclosed amount for Anti-Phishing

Design, marketing, and strategy for technical cybersecurity founders.

Miscreants is the only hacker-led creative agency. We blend our security and design knowledge to help cybersecurity companies build memorable brands and product experiences.

“Yeah they do great work” -- Casey John Ellis, Founder and CTO of Bugcrowd

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🏢 By Company

  • Wiz, a platform that allows companies to find security issues in public cloud infrastructure, raised a $250.0M Series C.

  • Aware, a data governance and GRC solution for distributed collaboration platforms, raised a $60.0M Series C.

  • Black Kite, a Security-as-a-Service solution focused on cyber threat intelligence, raised a $22.0M Series B.

  • At-Bay, a cybersecurity insurance company, raised a $20.0M Series D.

  • Shift5, an intrusion detection, prevention, and incident response platform for operational technology (OT), raised a $20.0M Series A.

  • MagicCube, a security platform for mobile and IoT devices, raised a $15.0M Series C.

  • CAST AI, an AI-driven cloud optimization and disaster prevention platform, raised a $10.0M Series A.

  • cloudtamer.io, a cloud automation, orchestration, and compliance platform, raised a $9.5M Series A.

  • Terranova Security, a company providing phishing, GDPR, and security awareness programs, raised a $7.3M Debt Financing.

  • CYTRIO, a data privacy rights management platform, raised a $3.5M Seed.

  • YData, a development platform for data quality and data privacy, raised a $3.3M Seed.

  • SafeStack Academy, a training platform focusing on secure development, security awareness, and privacy awareness, raised a $1.6M Seed.

  • Allure, an anti-phishing solution, raised an undisclosed amount on a Seed round.

🤝 Mergers & Acquisitions

📚 Great Reads & Finds

  • 58 InfoSec Acronyms Explained - A quick guide on 58 of the most common InfoSec acronyms put together by someone who is new to the cybersecurity field.

  • Hacking AWS End-to-End - A remastering of a cloud security talk given by, Daniel Grzelak's at Kiwicon in 2016. Highlights include IAM principal enumeration using resource policies, abusing vendor trust relationship confused deputies, and more.

  • MultiCloud Security Auditing tool from NCC- Scout Suite is an open source multi-cloud security-auditing tool, which enables security posture assessment of cloud environments.

🧪 Labs

This is a new experimental section where I’ll add things of interest that may or may not be related to cybersecurity or funding. Please let me know what you think!

This week we’ve got a clean meme that I couldn’t stop laughing at. As someone who grew up as an avid console gamer, this one got me good.


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