Hey there,
Back-to-back weeks with IoT (Internet of Things) Security companies leading the way in cybersecurity funding. This continues the strong theme this year in funding for the IoT, IIoT, IoMT, and ICS spaces.
If you're enjoying this newsletter, please forward this email to someone who needs to stay sharp in this space. Or just tell them to sign up here.
Cybersecurity funding news from the week of December 6th, 2021
💰 Summary
17 companies raised $639.2M
3 companies were acquired or had a merger event
🧩 By Category
$400.0M for IoT Security
$64.0M for Email Security
$50.0M for Security Automation
$44.0M for Software Security
$23.0M for API Security
$19.0M for SaaS Security
$15.0M for Data Protection
$9.0M for Managed Services Provider (MSP)
$5.0M for Supply Chain Security
$5.0M for Professional Services
$2.3M for Privacy
$2.3M for Security Operations
$675.0K for Continuous Compliance
An undisclosed amount for Cloud Security
An undisclosed amount for Threat Intelligence
An undisclosed amount for Hardware Security
🗣 SPONSOR
Wynter is a B2B buyer intelligence tool that helps companies discover what people in their target market think, and how their messaging is resonating with them.
Wynter is looking for people to join its research panel. Participate in research surveys, get paid for your feedback and comments. Super low key commitment, 10-15 mins per survey. Find out more here.
💼 Secure The Job
Most people didn’t react to this section being removed, but some people said they thought this section was useful. I’m working on a new iteration of this that I think will appeal to more people.
Stay tuned!
🏢 By Company
Claroty, a platform with a range of industrial cybersecurity controls, raised a $400.0M Series E.
IRONSCALES, an email security platform, raised a $64.0M Series C.
Torq, a no-code automation platform for security and ops teams, raised a $50.0M Series B.
GitGuardian, an automated secrets detection platform for source code, raised a $44.0M Series B.
Kasada, an API security platform, raised a $23.0M Series C.
Grip Security, a SaaS data security and access management platform, raised a $19.0M Series A.
Truffle Security, a platform that finds and remediates leaked software credentials, raised a $15.0M Series A.
Zorus, a web content filtering and endpoints security platform for Managed Services Providers (MSPs), raised a $9.0M Series A.
Chainguard, a software supply chain company, raised a $5.0M Seed.
QueryLayer, a data and privacy management platform, raised a $2.3M Seed.
CyberQ, a professional services firm focusing on optimizing security analytics platforms via code and automation, raised a $5.0M Seed.
AgileBlue, a SOC-as-a-Service company, raised a $2.3M Preferred Round.
Onwardly, a continuous compliance platform, raised a $675.0K Seed.
Interos, a risk management and supply chain monitoring platform, raised an undisclosed Series C.
Cato Networks, a Secure Access service edge (SASE) company, raised an undisclosed Venture Round.
SecurWeave Research, a Hardware Enforced Security solution provider, raised an undisclosed Non-equity Assistance round.
ShadowDragon, a threat intelligence platform, raised an undisclosed Private Equity round.
🤝 Mergers & Acquisitions
Arkavia Networks, a managed services provider (MSP), was acquired by Cerberus Sentinel.
Cloudreach, a professional services company specializing in cloud, was acquired by Atos.
📚 Great Reads & Finds
The Top 10 Security, Technology, and Business Books of 2021 - A collection of books from Matt Devost on his top book recommendations
Security GRC, Chief Enablers- Check out Ayoub Fandi's latest newsletter about the Security GRC field.