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  • 💰 Security, Funded #49 - The saga continues, Cybersecurity as a bastion of hopes for returns, Wu-Tang

💰 Security, Funded #49 - The saga continues, Cybersecurity as a bastion of hopes for returns, Wu-Tang

Good morning,

I hope you had a great weekend!

The slowdown saga continues in cybersecurity funding this past week as we come off the wave of RSA announcements and see increased scrutiny in allocating capital for new investments.

Investors still see the cybersecurity industry as a bastion of hope for returns, so this downward trends in funding won't last forever  (only Wu-Tang is forever).

Let's dive in.

💰 Summary

  • 13 companies raised $100.4M across 11 unique product categories

  • 6 companies were acquired or had a merger event for $670.0M

🧩 By Product Category

  • $40.0M for Threat Intelligence

  • $23.0M for Application Security

  • $15.0M for Identity and Access Management (IAM)

  • $11.0M for Breach & Attack Simulation (BAS)

  • $4.4M for Data Protection

  • $3.6M for Firmware Security

  • $3.1M for Physical Security

  • $286.1K for Threat & Vulnerability Management (TVM)

  • An undisclosed amount for Internet of Things (IoT) Security

  • An undisclosed amount for Hypervisor Security

  • An undisclosed amount for Digital Forensics and Incident Response (DFIR)



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🏢 By Company

🤝 Mergers & Acquisitions

🔐 Secure The Job

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📚 Great Reads & Finds

You can see the full list of curated posts across all issues here, and you can submit an article, post, tweet, or video here and it can show up in the newsletter!

🧪 Labs

Not all threat models are created the same 🦫

 ℹ️ Confirmed: Network data corroborate reports of a disruption to internet access in parts of British Columbia, #Canada, 7 June.

The incident is attributed to the activity of a single beaver, which gnawed through a tree that then fell on fiber cabling 🦫https://t.co/YVnuUAJotK pic.twitter.com/EWtBuUEpgC— NetBlocks (@netblocks) June 13, 2022 

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