- Return on Security
- 💰 Security, Funded #57 - Web3 security, OT funding, and CISOs
💰 Security, Funded #57 - Web3 security, OT funding, and CISOs
I hope you had a great weekend!
We're back up this week with nearly double the amount of funding as last week.
In this week's issue:
More funding goes towards Web3
We're in an Operational Technology (OT) security era
Pay for CISOs continues to go up even with breaches still happening
Also, I'm testing out a new simple shirt design. Let me know on Twitter if you like it?
Let's dive in.
Subscribe to Security, Funded
Know what and who is moving the cybersecurity.
14 companies raised $181.1M across 12 unique product categories
4 companies were acquired or had a merger event across 3 unique product categories
🧩 Funding by Product Category
$83.0M for Operational Technology (OT) Security
$37.5M for Privacy
$30.0M for API Security
$10.0M for Email Security
$7.0M for Distributed Ledger Technology (DLT) Security
$5.0M for Blockchain Security
$3.4M for Managed Security Services Provider (MSSP)
$3.3M for Identity and Access Management (IAM)
$2.0M for Cyber Insurance
An undisclosed amount for Identity Verification
An undisclosed amount for Data Protection
An undisclosed amount for Cybersecurity Education & Training
Automated Certificate Management (ACME)Your digital certificates need automation and that's exactly what they get with ACME Services from GlobalSignCurrently available for DV certificates only (OV/EV available soon), ACME Services streamline and simplify digital certificate management, adding a powerful ability to improve efficiency and security through automation. Read the datasheet.
🏢 By Company
Coinnect, a cyber risk insurance company, raised a $2.0M 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 - If you're open to hearing about new opportunities, apply to my talent collective to get personally matched with high-growth, high-upside opportunities. You can join publicly or anonymously, and leave anytime. And it's completely free for candidates.
Are you hiring? Post a role or request access to start meeting world class candidates open to new opportunities. Learn more or request access here.
📆 Special Events
I'm on the CISO advisory board for DataTribe and they are a top-notch group, so you won't want to miss this if you're raising funds.
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.Submissions Due: September 23rd, 2022. Enter here.
📚 Great Reads & Finds
2022 Global Chief Information Security Officer (CISO) Survey - a survey of global chief information security officers providing s a deep look into organizational and compensation data from CISOs around the world and further insights into those in the United States, United Kingdom, and Germany.
Bitcoin Mixers Are Busier Than Ever in 2022 - The largest address type sending crypto to mixers this year is cybercriminals and sanctioned nation states, according to Chainalysis.
Stalkers, Sock Puppets, and Security - Cassie Brunetto wrote this piece to highlight information security best practices and techniques that can help protect against online threat actors and stalkers.
This is an ultra-niche meme newsletter now (j/k)
Have questions, comments, or feedback about this issue? I'd love to hear from you. Reach out on Twitter or reply directly to the newsletter version of this issue.
Thanks for reading!