Hey there,
I hope you had a great weekend! This past week, we saw a rebound from those rookie funding numbers from last week.
I also wanted to say thank you for your continued support with this newsletter!
Cybersecurity funding news from the week of November 8th, 2021
💰 Summary
10 companies raised $365.3M
7 companies were acquired or had a merger event
🧩 By Category
$150.0M for Software Security
$100.0M for Continuous Compliance
$63.5M for Breach & Attack Simulation
$47.0M for Vulnerability Management
$4.2M for Managed Services Provider (MSP)
$644.0K for Cybersecurity Education
An undisclosed amount for Security Operations
An undisclosed amount for Risk Management
🗣 SPONSOR
Design, marketing, and strategy for technical cybersecurity founders.
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💼 Secure The Job
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 members and subscribers of the community itself.
Have a job you want to post on this list? Reply back to this issue or email me.
🏢 By Company
Contrast Security, a code scanning and application security platform, raised a $150.0M Series E.
Drata, an automated compliance and security platform, raised a $100.0M Series B.
SafeBreach, a breach and attack simulation platform, raised a $53.5M Series D.
VULBOX, a vulnerability testing platform, raised a $47.0M Series D.
SCYTHE, an adversary emulation platform, raised a $10.0M Series A.
RADICL Defense, a managed services provider (MSP) for small to medium businesses (SMB), raised a $3.0M Series A.
Security On-Demand, a managed detection and response (MDR) firm, raised a $1.2M Grant.
CAPSLOCK, an intensive bootcamp platform that re-skills adults to become cybersecurity professionals, raised a $644.0K Pre-Seed.
Upstream Security, a security and analytics platform for connected & autonomous vehicle fleets, raised an undisclosed amount in a Series C.
Riskonnect, a risk management platform, raised an undisclosed amount in a Private Equity round.
🤝 Mergers & Acquisitions
McAfee, the former enterprise security company turned consumer security company, was acquired by Advent International.
SafeRide, an anomaly and cyber threat prevention platform for connected and autonomous vehicle systems (CAVS), was acquired by Traffilog.
Soluble, a cloud infrastructure management company, was acquired by Lacework.
Farsight Security, a threat intelligence platform, was acquired by DomainTools.
On Time Tech, a managed services provider (MSP), was acquired by Valeo Networks.
Core BTS, a cybersecurity services consulting firm, was acquired by Nomura Research Institute.
Gyrocom, a professional services company specializing in cloud and network security, was acquired by Kerv.
📚 Great Reads & Finds
Minimum Viable Security Product - A minimum security baseline for enterprise-ready products and services.
Azure's and ChaosDB: A Hot Take - One person's take on Azure's security practices in light of ChaosDB.
Risk-based Security Decision Making at Netflix - This talk covers how Netflix makes risk-informed decisions.