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💵 Security, Funded #27

Good morning,

We're back again this week with more record-setting funding events!

1Password has another mega funding event, yet another new cybersecurity product category (YANCPC?) hits the scene with Data Security Posture Management (DSPM), and more acquisitions in one week than ever before.

Shoutout to everyone who recently joined this newsletter and to all the folks unlocking the referral awards. If you have a coworker or friend who should definitely sign up for this newsletter, sign them your unique referral code (located at the bottom of this email).

Funding by Product Category

💰 Summary

  • 16 companies raised $861.3M

  • 10 companies were acquired or had a merger event

🧩 By Category

  • $634.7M for Identity and Access Management (IAM)

  • $72.9M for Data Protection

  • $55.0M for Cloud Security

  • $52.0M for Physical Security

  • $30.0M for Zero Trust

  • $7.8M for Privacy

  • $5.0M for Endpoint Security

  • $3.9M for Cyber Insurance

  • An undisclosed amount for Managed Security Services Provider (MSSP)

🗣 SPONSOR

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🏢 By Company

  • 1Password, a password management platform, raised a $620.0M Series C.

  • Virtru, an encryption and data privacy platform, raised a $60.0M Series C.

  • Anitian, a platform offering pre-engineered and automated infrastructure environments, raised a $55.0M Series B.

  • Ambient.ai, a company integrating computer vision into sensor and camera infrastructures, raised a $52.0M Venture Round.

  • Banyan Security, a zero trust network access platform, raised a $30.0M Series B.

  • Permiso Security, an identity and access runtime visibility platform for the cloud, raised a $10.0M Seed.

  • Polar Security, a data security posture management (DSPM) platform, raised an $8.5M Seed.

  • Fleet Device Management, an open-source device management and endpoint security platform, raised a $5.0M Seed.

  • CYSEC, a secure containerized data security platform, raised a $4.4M Seed.

  • Cloaked, a consumer-first privacy company that enables individuals to take control of their personal data, raised a $4.0M Seed.

  • Evo Security, a managed identity and access management platform for MSSPs, raised a $3.9M Seed.

  • Baobab, a cyber insurance company, raised a $3.9M Pre-Seed.

  • Anonybit, a decentralized biometric identification platform, raised a $3.5M Seed.

  • Securify, a cybersecurity company focused on artificial intelligence and behavioral biometrics, raised a $800K Seed.

  • Palqee Technologies, a data privacy rights management platform, raised a $300.0K Pre-Seed.

  • BizCarta India, a professional services firm focused on cybersecurity, raised an undisclosed Venture Round.

🤝 Mergers & Acquisitions

📚 Great Reads & Finds

  • The ExecSum Newsletter - Check out my favorite finance and meme newsletter (a newsletter recommending another newsletter is very meta). Find out what's happening in the markets in an easy-to-digest format with a side of memes. 🧑‍🍳🤌

  • JustDelete.me - A directory of direct links to delete your account from probably over 100 web services. H/T Clint Gibler 's newsletter (my favorite cybersecurity newsletter aside from my own 😅)

  • Awesome Intelligence Writing - This is a collection of great and very useful resources concerning intelligence writing such as manuals/guides, standards, books, and articles.

🔐 Secure The Job

If you're looking to break into cybersecurity or advance your career, check out the job board on Pallet, with curated, highly relevant roles picked for you.

Each week I sift through all the noise on the Internet for the best cybersecurity jobs so you don't have to. On the board, you'll find roles spanning a variety of startups, cybersecurity product companies, banks, Fintechs, and more!

Featured Jobs

  • r2c - Go be a Senior Security Researcher at one of the most forward-leaning application security companies out there at r2c. You might even get the chance to work with THE Clint Gibler! Apply here.

Job Posters - If you want the role to be featured at the top of the list or in this newsletter, check out the "Featured" and "Premium" tiers. It's cheaper and more engaging than posting on other job sites or blasting into the void on LinkedIn.

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