8 companies raised $202.8M across 7 unique product categories and Veracode was acquired (again) for $2.5B.
Acquisitions continue to raise, not only in deal size, but also in total volume of transactions. I believe this is an indicator of companies making "safer" bets due to the geopolitical landscape by acquiring already established businesses instead of making "riskier" bets on unproven startups.
Let's dive in.
Funding by product category
8 companies raised $202.8M across 7 unique product categories
7 companies were acquired or had a merger event for $3.2B
🧩 By Product Category
$100.0M for Cyber Insurance
$37.0M for Continuous Compliance
$28.0M for Security Operations
$23.2M for Network Security
$13.0M for Threat & Vulnerability Management (TVM)
$1.7M for Cybersecurity Education & Training
An undisclosed amount for Managed Security Services Provider (MSSP)
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🏢 By Company
Cowbell Cyber, a cyber insurance company, raised a $100.0M Series B.
Apptega, a continuous compliance platform, raised a $37.0M Private Equity Round.
Todyl, a networking and security platform built for MSPs, raised a $28.0M Series A.
Rumble Network Discovery, a network discovery and asset inventory platform, raised a $15.0M Series A.
Hackuity, a vulnerability prioritization and automated patching platform, raised a $13.0M Series A.
OneLayer, a mobile network security company for private cellular (LTE/5G) networks, raised a $8.2M Seed.
Forge Institute, a training academy to upskill the next generation of the cybersecurity workforce, raised a $1.7M Grant.
Senteon, a systems hardening and drift management platform for managed security services providers (MSSPs), raised an undisclosed Seed.
🤝 Mergers & Acquisitions
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📚 Great Reads & Finds
3 CISO's Walk Into A Startup... - A story of how three different people can react in different ways to the same situation…
Top 10 CI/CD Risks - Numerous industry experts across multiple verticals and disciplines came together to collaborate on this document to ensure its relevance to today’s threat landscape, risk surface, and the challenges that defenders face in dealing with these risks.
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