A predictably slow week following on the heels of the RSA Conference this year, but that doesn't mean there's no action.
Broader economic trends of rising inflation, the beginning of a series of Federal Funds rate hikes, and tech companies d0ing rounds of layoffs have created a tightening environment for fund raising for startups and established companies alike.
Those who are raising funds should expect increased due diligence periods and less frothy valuations, but there are still a lot of funds to capture out there.
Let's dive in.
11 companies raised $146.5M across 9 unique product categories
6 companies were acquired or had a merger event
🧩 By Product Category
$50.0M for Physical Security
$38.5M for Application Security
$15.0M for Threat Intelligence
$11.1M for Security Awareness
$8.5M for Attack Surface Management (ASM)
$7.0M for Privileged Access Management (PAM)
$6.8M for Secure Access Service Edge (SASE)
$5.5M for Secure Networking
$4.1M for Data Protection
Lacework: Security for DevOps, Container, and CloudLacework is data-driven cloud security.Our platform, powered by Polygraph®, automates cloud security at scale so our customers can innovate with speed and safety across AWS, Azure, GCP, and Kubernetes environments.Schedule a meeting to start your cloud security journey today!
🏢 By Company
CyberConIQ, a security awareness training platform, raised a $11.0M Venture Round.
🤝 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.
Search firms, recruiters, and hiring managers - hire the best talent from the Return on Security community by signing up here.
📚 Great Reads & Finds
The Philosophy of Prevention - Chris Farris talks about the pit-falls of cloud security posture management (CSPM) and how the art and science behind taking a preventative approach to cloud security is harder than you think.
Top Ten Security Tips for APIs - APIs are being attacked by bots all the time, being abused all over the internet. Even without a front end, APIs are still a big target for malicious actors. How do we fight this? In this talk WeHackPurple covers all the best practices for making your APIs tough and safe.
How Cloud Security Has Changed in the Age of COVID-19 - The COVID-19 pandemic has accelerated the migration to the cloud for many organizations, and there have also been challenges associated with securing hybrid or multi-cloud environments, according to Omdia Senior Principal Analyst Fernando Montenegro.
POV: You work in cybersecurity and just went to the RSA or Gartner security conferences and you're trying to make sense of what you just saw
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