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  • 💰Security, Funded #55 - Thoma Bravo is at it again, another browser isolation company hits it big, and the first cyber IPO of 2022

💰Security, Funded #55 - Thoma Bravo is at it again, another browser isolation company hits it big, and the first cyber IPO of 2022

Hey there,

I hope you had a great weekend!

ZeroFox is the first cybersecurity company to go public in 2022 after it completed the acquisition of IDX, a consumer privacy company. Last year cybersecurity companies had a breakout year, and while this year has started very differently than 2021, there are still big bets being made in the cybersecurity space.

Let's dive in.

💰 Summary

  • 13 companies raised $291.2M across 10 unique product categories

  • 6 companies were acquired or had a merger event for $2.8B

🧩 By Product Category

  • $100.0M for Remote Browser Isolation

  • $61.2M for Identity Verification

  • $32.0M for Data Security Posture Management (DSPM)

  • $25.0M for Cybersecurity Education & Training

  • $23.0M for Managed Security Services Provider (MSSP)

  • $20.0M for Continuous Compliance

  • $15.0M for Application Security

  • $8.0M for Threat Intelligence

  • $7.0M for Secure Collaboration and Messaging

  • An undisclosed amount for Secure Networking



Event: Opkalla Tech Summit 2022Featuring keynote speaker Greg van der GaastDon’t miss out on October 6! Opkalla's Tech Summit, with a focus on cybersecurity, is happening at the U.S. National Whitewater Center in Charlotte. Expect half a day of cutting edge discussions centered around cybersecurity, with the second half reserved for enjoying all the outdoor adventures the Whitewater Center has to offer. This event is for you if you manage or execute on cybersecurity initiatives within your organization.Register here with code SecurityFunded for half off your ticket.

🏢 By Company

🤝 Mergers & Acquisitions

🔐 Secure The Job

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

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📆 Special Events


DataTribe Challenge 2022What could your company do with $2 Million?The DataTribe Challenge is a unique annual competition that brings together the best entrepreneurs in the world looking to disrupt cybersecurity and data science. DataTribe selects three finalists that split $20,000 in prize money and one winner that could receive up to $2 million in seed capital.Enter your submission.

📚 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

🎵 Too bad that you couldn't seeSee the [company] that [startup] could beThere is more that meets the eyeI see the [competitive edge] that is inside 🎵

 he was a startup boy

she said series c or later boy— amy nguyen (@amyngyn) July 20, 2022 

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Thanks for reading!


Mike P

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