Good morning,
While not a heavy week in terms of dollars raised, there were still a few big moves. Even more product categories made up the funding this week compared to last and Remote Browser Isolation exploded out of nowhere $100.0M Series A funding event led by a few VC giants. 😳
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💰 Summary
14 companies raised $216.8M across 12 unique product categories
5 companies were acquired or had a merger event
🧩 By Product Category
$117.0M for Remote Browser Isolation
$70.0M for Threat & Vulnerability Management (TVM)
$12.0M for Identity and Access Management (IAM)
$10.0M for Cloud Forensics
$4.3M for Anti-Phishing
$3.5M for Governance, Risk, and Compliance (GRC)
$9.0K for Data Protection (the smallest recorded funding event to date)
An undisclosed amount for Secure Networking
An undisclosed amount for Privacy
An undisclosed amount for Internet of Things (IoT) Security
An undisclosed amount for Cybersecurity Education & Training
An undisclosed amount for Cloud Security
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🏢 By Company
Island, a secure remote browser isolation platform, raised a $100.0M Series A.
PlexTrac, a purple-team platform focusing on vulnerability management and risk prioritization, raised a $70.0M Series B.
Talon Cyber Security, a remote browser isolation platform, raised a $17.0M Seed.
Cerby, a platform that lets companies securely manage access to SaaS applications, raised a $12.0M Seed.
Binalyze, a cloud and container forensics investigation platform, raised a $10.0M Seed.
Pixm, an AI-based browser extension detects and stops credential phishing, raised a $4.3M Seed.
Cynomi, a virtual CISO (vCISO) platform that helps establish security programs and risk reduction strategies for mid-market companies, raised a $3.5M Seed.
RYN File, a cloud-based file encryption-as-a-service platform, raised a $8.9K Convertible Note.
BigID, a platform using machine learning and identity intelligence to protect customer and employee data, raised an undisclosed Corporate Round.
CensorNet, a cloud-based security platform for web filtering, email, and access to cloud applications, raised an undisclosed Series C.
Cloud Range, a cybersecurity training and simulation platform, raised an undisclosed Seed.
CyberOwl, a cybersecurity analytics platform for Internet of Things (IoT) and Operational Technology (OT) assets, raised an undisclosed Venture Round.
Lacework, a cloud security operations and threat intelligence platform, raised an undisclosed Venture Round.
Lavelle Networks, a Software-Defined WAN (SD-WAN) platform, raised an undisclosed Corporate Round.
🤝 Mergers & Acquisitions
Bridgeway Security Solutions, a managed security services provider (MSSP), was acquired by Conosco.
CyberMDX, a Internet of Medical Things (IoMT) security platform, was acquired by ForeScout Technologies.
Spectral, a developer-first security platform focusing on Infrastructure as Code (IaC) security, was acquired by CloudGuard (Checkpoint).
Tetra Defense, a professional services company focusing on cyber incident response, was acquired by Arctic Wolf.
🔐 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!
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📚 Great Reads & Finds
Global AppSec US 2021 Conference - The full video playlist of the Global AppSec US 2201 conference talks.
Awesome Security Challenges - A curated list of Awesome Security Challenges that is aimed at getting beginners and experts alike involved in upskilling their ethical hacking, pentesting, and crypto skill through online challenges. There are a lot of great security challenges on the Internet, but it's hard to keep track of them all or work on different types of challenges. This list helps keep all those scattered platforms in one place.
Secrets of Successful Security Programs - Phil Venables, the CISO for Google Cloud, looks at what it takes to create successful cybersecurity programs.
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