Cybersecurity funding news from the week of October 25th, 2021
💰 Summary
16 companies raised $742.7M
6 companies were acquired or had a merger event
🧩 By Category
$250.0M for Security Analytics
$210.0M for IoT Security
$162.0M for Data Protection
$50.0M for Identity and Access Management
$30.0M for Breach & Attack Simulation (BAS)
$20.0M for Physical Security
$9.0M for Privacy
$5.6M for Social Network Security
$5.3M for Supply Chain Security
$840.0K for Deception Technology
An undisclosed amount for Software Security
An undisclosed amount for Firmware Security
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🏢 By Company
Devo, a cloud-native logging and security analytics platform, raised a $250.0M Series E.
Dragos, a company that detects and responds to threats in industrial controls systems (ICS), raised a $200.0M Series D.
InfoCert, a computer identity and certificate management company, raised a $115.0M Private Equity.
Sonrai Security, a cloud-identity governance platform, raised a $50.0M Series C.
BackBox, an automated backup and recovery software for security and network devices, raised a $32.0M Series A.
Horizon3.ai, a breach and attack simulation platform, raised a $30.0M Series B.
HiveWatch, a physical security platform that leverages sensors and orchestration, raised a $20.0M Series A.
QuintessenceLabs, a quantum encryption security company, raised a $15.0M Series B.
Viakoo, a vulnerability management platform for unmanaged & IoT Devices, raised a $10.0M Series A.
Piiano, a privacy engineering infrastructure platform, raised a $9.0M Seed.
Cyabra, a platform protecting social media networks from disinformation and deepfakes, raised a $5.6M Seed.
Risk Ledger, a third-party supply chain security platform, raised a $2.9M Seed.
aDolus, a platform to safeguard the software and firm supply chain for critical infrastructure, raised a $2.4M Seed.
Lupovis, a deception technology platform, raised a $840.0K Pre-Seed.
AI Deter, a platform that adds AI surveillance to existing cameras, raised an undisclosed Pre-Seed round.
HackEDU, an interactive cyber security and secure code development training platform, raised an undisclosed Venture Round.
Finite State, a firmware layer cybersecurity platform for connected devices and their supply chains, raised an undisclosed Venture Round.
🤝 Mergers & Acquisitions
Sontiq, an IT and cybersecurity consulting firm, was acquired by TransUnion.
SecureTrust Corporation, a cybersecurity services consulting firm, was acquired by Sysnet Global Solutions.
Brain4Net, a software defined networking (SDN) consulting firm, was acquired by Kaspersky Lab.
Cloudskiff, a platform to protect codified cloud infrastructures, was acquired by Snyk.
Red74, a cybersecurity services consulting firm, was acquired by Cerberus Sentinel.
Digital Guardian, a data loss prevention (DLP) and insider threat company, was acquired by HelpSystems.
📚 Great Reads & Finds
Why Creators Should Move to Direct Support Monetization - Art continues to suffer from a Capitalism in the Middle Attack. You should create a direct relationship between you and your audience as soon as possible. For those of you who have shown me some level of direct support like this, THANK YOU!
How to conduct a basic security code review - This is a video breakdown of how you can use a basic framework to analyze your code to find security vulnerabilities.
💼 Secure The Job
NEW! If you're looking for a new role in the cybersecurity field, then look no further than the Return on Security Job Board. It’s the only job board populated by the community's members and subscribers.
Have a job you want to post on this list? Reply to this issue or email me.
🧪 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 I’m sharing one of my favorite kinds of accounts to follow - Parody Finance Accounts. They poke at people who work in finance, the economy, and news that moves the financial markets.
Here’s a meme from @Litquidity. No one is safe…