💰 Security, Funded #38

Good morning,

Or rather a good afternoon from across the pond! This week's issue comes to you live and direct from the UK while on vacation where I plan to have a few proper pints. 🍻🇬🇧

For the first time since starting this newsletter, the number of acquired companies is greater than the number of funded companies this week. 😳

Let's dive in.

Funding by product category

💰 Summary

  • 7 companies raised $188.4M across 7 unique product categories

  • 11 companies were acquired or had a merger event for $2.5B

🧩 By Product Category

  • $100.0M for Network Security

  • $60.0M for Endpoint Protection

  • $12.0M for API Security

  • $7.0M for Security Awareness

  • $6.0M for Security Analytics

  • $3.4M for Payment Security

  • An undisclosed amount for Cybersecurity Education & Training

🗣 SPONSOR

💡

Finding the next big thing in cybersecurity just got easier.Better data creates better outcomes.If you're using generic data sources to help you invest in cybersecurity, you're wasting money.- Incomplete records- Missing data- No company verification- Any company can say they do "cybersecurity"- Descriptions that make no senseTrends from Return on Security - Access curated cybersecurity funding, acquisition, investor, and product category trends to bring value to your customers and investments.

🏢 By Company

  • Nord Security, a secure VPN platform (makers of the popular NordVPN), raised a $100.0M Venture Round from Novator and Burda Principal Investments.

  • Coronet, an endpoint protection and risk prioritization platform, raised a $60.0M Series C from Balderton Capital.

  • Corsha, an API security platform focusing on zero-trust machine-to-machine communications, raised a $12.0M Series A from Edge Ventures and TenEleven Ventures.

  • Nudge Security, a security awareness and training platform focused on human psychology, raised a $7.0M Seed from Ballistic Ventures.

  • SeeMetrics, a security analytics and reporting platform, raised a $6.0M Seed from 8VC.

  • Trustap, a payment security platform, raised a $3.4M Seed from Middlegame Ventures.

  • Malwation, a malware simulation platform for testing endpoint protection tools and threat hunting exercises, raised an undisclosed Seed.

🤝 Mergers & Acquisitions

🔐 Secure The Job

If you're looking for new opportunities (actively or passively), I've got two ways to help:

  • Return on Security Job Board - Browse the jobs I curate each week and apply for what matches your interests.

  • Return on Security Talent Collective - Join the talent collective to get personally matched with high-growth, high-upside opportunities. This is invite-only, curated by me, and you can set your profile to be public or anonymous.

Companies and hiring managers - if you’re looking to hire the best talent in Return on Security community, you can also sign-up here.

📚 Great Reads & Finds

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🧪 Labs

Seems legit, serious inquiries only plz

 Oh sure you can plug it into my network. Why not? pic.twitter.com/NCcZMZGpqP— Jack Rhysider (@JackRhysider) March 1, 2022 

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