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💰Security, Funded #63 - Security awareness month, M&A reigns supreme, and the art of selling

The Security, Funded newsletter issue #63 - Global cybersecurity funding and M&A news from the week of September 26th, 2022.

Mike P
Mike P

Table of Contents

Hey there,

I hope you had a great weekend and Happy Security Awareness Month!

In this week's issue:

  • Security Awareness Month
  • M&A still reigns supreme in cyber
  • The art of selling to cybersecurity people

We're in the final quarter of 2022.

Inflation continues to rise, public cybersecurity stocks continue to beat market averages, the war in Ukraine continues to evolve, and we're fast approaching mid-term elections in the US.

All of these events will continue to make a tumultuous cyber landscape. Here's some guidance from the CISA on how you can stay vigilant. 👊😤

Source: https://www.cisa.gov/cybersecurity-awareness-month

Let's dive in.

📊 Market News

  • M&A still reigns supreme in cybersecurity (more)
  • Cloudflare takes aim at AWS by attracting startups with $1.25B of funding (more)
  • 5G Cybersecurity market to see incredible growth (more)

💰 Funding Summary

  • 8 companies raised $114.1M across 6 unique product categories
  • 5 companies were acquired or had a merger event across 5 unique product categories for $6.6M

🧩 Funding by Product Category

  • $51.8M for Distributed Ledger Technology (DLT) Security
  • $34.0M for Software Supply Chain Security
  • $10.0M for Continuous Compliance
  • $10.0M for Attack Surface Management (ASM)
  • $5.0M for Threat and Risk Prioritization
  • $3.3M for Secure Networking
  • $863.0K for Identity and Access Management (IAM)


Featured Free Event: Fwd: Thinking. The Intelligent Security Summit (powered by Tessian)

CISOs and industry experts are coming together on October 27th to discuss strategies for navigating an ever-changing threatscape, their secrets to building a strong security culture, and how to stop advanced email threats and demonstrate ROI at your organizations.

Access the latest security insights from world-class speakers in just 2 hours. Don't miss out, register today.

🏢 Funding By Company

🤝 Mergers & Acquisitions

🔐 Secure The Job

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

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.

📚 Great Reads

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

👋 Thanks

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 and see you again next time!

Whenever you're ready, there are a few ways I can help you:

  • Get all the data I collect and create to make the newsletter and reports here. 📊
  • Work 1:1 with me to evaluate a company or product category here. 🤝
  • Sponsor the newsletter to get cybersecurity and investing decision maker eyeballs on your brand here. ✉️


Mike P