- Return on Security
- 💰 Security, Funded #38
💰 Security, Funded #38
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
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
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
Learning Blockchain Hacking - A guide to getting started with Blockchain hacking and auditing techniques.
An Opinionated Guide to Scaling Your Company's Security - This is gold from Clint Gibler and one I refer to often - This talk distills the big, scalable, systematic wins that measurably improve a company’s security posture, aggregated from dozens of conference talks, blog posts, and in-person conversations I’ve had with security engineers at tens of companies.
🎉 Enjoying This Newsletter?
Seems legit, serious inquiries only plz