๐Ÿ’ฐ Security, Funded #38

Mike P

Table of Contents

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. ๐Ÿป๐Ÿ‡ฌ๐Ÿ‡ง

For the first time since starting this newsletter, the number of acquired companies is greater than the number of funded companies this week. ๐Ÿ˜ณ

Let's dive in.


Funding by product category

๐Ÿ’ฐ Summary

  • 7 companies raised $188.4M across 7 unique product categories
  • 11 companies were acquired or had a merger event for $2.5B

๐Ÿงฉ 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

๐Ÿ—ฃ SPONSOR

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Trends from Return on Security - Access curated cybersecurity funding, acquisition, investor, and product category trends to bring value to your customers and investments.

๐Ÿข 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.

๐Ÿค Mergers & Acquisitions


๐Ÿ” 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 youโ€™re looking to hire the best talent in Return on Security community, you can also sign-up here.


๐Ÿ“š Great Reads & Finds


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