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
Pensando, a secure service edge computing platform, was acquired by AMD for $1.9B.
Tufin, a firewall auditing and management platform, was acquired by Turn/River Capital for $570.0M.
Truststream, a cybersecurity professional services firm, was acquired by SysGroup PLC for $10.4M.
BLAUD, a mobile device management (MDM) and mobile threat protection platform, was acquired by CWSI for an undisclosed amount.
CoreIP Solutions, a professional services consulting firm, was acquired by NTERSOL for an undisclosed amount.
Cybraics, a security analytics platform, was acquired by Silversky for an undisclosed amount.
Juniper Networks, a network security company, was acquired by Synopsys for an undisclosed amount.
River Loop Security, an Internet of Things (IoT) security platform, was acquired by Two Six Technologies for an undisclosed amount.
SimpleLogin, a privacy and security focused email platform, was acquired by ProtonMail for an undisclosed amount.
Terranova Security, a company providing phishing, GDPR, and security awareness programs, was acquired by HelpSystems for an undisclosed amount.
Weop Sensor Systems AB, a professional services company focused on national security, was acquired by AFRY for an undisclosed amount.
🔐 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.
Personal Security Checklist - A curated checklist of tips to protect your digital security and privacy by Alicia Sykes.
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.
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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