💰 Security, Funded #16

Summary

• 22 companies raised $1.46B

• 7 companies were acquired or had a merger event

By Category

• $628.1M for Application Security

• $203.3M for Cloud Security

• $200.0M for Threat Intelligence

• $90.0M for Managed Services Provider (MSP)

• $68.5M for Identity and Access Management

• $51.2M for Cybersecurity Consulting

• $50.0M for Endpoint Detection and Response (EDR)

• $45.0M for Privacy

• $41.4M for Data Protection

• $39.0M for Security Analytics

• $16.6M for AI Security

• $10.0M for Physical Security

• $8.0M for Connected Vehicle Security

• $7.0M for Third Party Security

• $3.3M for Attack Surface Management

By Company

• Invicti Security, a web app and data management security solution provider, raised a $625.0M Private Equity round with a leveraged buyout.

• Aura, a unified digital threat protection platform, raised a $200.0M Series F.

• Cato Networks, a secure access service edge (SASE) and SD-WAN provider, raised a $200.0M Series F.

• Electric, an IT and cybersecurity managed services provider (MSP), raised a $90.0M Series D.

• JumpCloud, a cloud directory platform that unifies disparate IT resources at companies, raised a $66.0M Series F.

• Cybereason, an endpoint detection and response platform, raised a $50.0M Series F.

• Skyflow, a privacy API built on a customer data vault for sensitive data, raised a $45.0M Series B.

• Saining Wangan, a cybersecurity consulting firm, raised a $32.0M Series C.

• Picus Security, a continuous security validation platform, raised a $24.0M Series B.

• TripleBlind, an API driven virtual data exchange for private data sharing, raised a $24.0M Series A.

• FTAPI Software, a secure end-to-end data exchange for SMBs, raised a $17.4M Venture Round.

• Pr0ph3cy, a cybersecurity consulting and upskilling firm, raised a $17.4M Venture Round.

• Resistant AI, a platform to protect AI systems from adversarial machine learning attacks and advanced fraud, raised a $16.6M Series A.

• Query.AI, a security investigations control plane, raised a $15.0M Series A.

• Rhombus Systems, a cloud managed video security provider, raised a $10.0M Series A.

• Dellfer, an IoT and automotive cybersecurity startup, raised a $8.0M Series A.

• Valence Security, a platform that manages risks from third-party integrations, raised a $7.0M Seed.

• Tenchi Security, a cloud security consulting company, raised a $3.3M Seed.

• Sweepatic, an external attack surface management (EASM) company, raised a $3.3M Venture Round.

• Tromzo, a developer-first appsec management platform, raised a $3.1M Seed.

• IndyKite, a cloud identity platform built to secure and manage human & non-person (IoT) identities, raised a $2.5M Pre-Seed.

• Flatt Security, a cybersecurity consulting company, raised a $1.8M Venture Round.

Mergers & Acquisitions

• Sirius Computer Solutions, an integrator of technology-based business solutions that span the data center and other lines of business, was acquired by CDW Corporation.

• SCALABLE Network Technologies, a network simulation platform that models and visualizes cyber threats on communications networks, was acquired by Keysight Technologies.

• Invicti Security, a web app and data management security solution provider, was acquired by Summit Partners.

• SecurityAdvisor, a personalized security awareness platform, was acquired by KnowBe4.

• PhishLabs, a 24/7 cybersecurity service that protects against threats that exploit people, was acquired by HelpSystems.

• NetLogicDC, an IT support, consulting, cloud services, and cybersecurity solutions, was acquired by Ntiva.

• PolicyPak, a platform to increase your standardization and security, was acquired by Netwrix.

Great Reads & Finds

• Finding Signal in Unstructured Data - A product-focused interview with a Senior Technical Director on the Mandiant Threat Intelligence team. He talks about how Mandiant collects, processes, and distills threat intelligence data for their customers.

• fwd:cloudsec 2021 - A non-profit cloud security conference by Scott Piper.

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 shoutout and huge congratulations to friend and offensive security extraordinaire Brennon Thomas. His side project, PhishBarrel, was acquired by Arctic Wolf.

For the long-time subscribers, you may recall I’ve written about PhishBarrel a few times and called out that it would be an interesting acquisition target back in issue #6 of Cybersecurity Market Insights.

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