According to a Data Tribe report, cyber security represented 19% of U.S. early venture activity – up from 14.9% in Q2. If our research for October is an indicator of how Q4 will look, the trend upward is primed to continue.
October’s cyber security vendor investment eclipsed each individual month in Q3 with $783M in funding. Eight acquisitions were also announced.
October’s 36 cyber security funding rounds and mergers & acquisitions
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| jSonar | Database Security | Acquisition | Imperva | Undisclosed |
| PortShift | Kubernetes Security | Acquisition | Cisco | Undisclosed |
| Eclypsium | Device Security | Funding, A+-round | $13M | |
| Strike Graph | Compliance Automation | Seed | $3.9M | |
| Oylo | ICS / OT Security | Acquisition | Rockwell Automation | Undisclosed |
| Illusive Networks | Deception Security | Funding, B+-round | $24M | |
| Onapsis | Security / Compliance | Funding, D-round | $55M | |
| Cyveillance | Threat Intel | Acquisition | ZeroFox | Undisclosed |
| ShoCard | IAM | Acquisition | Ping Identity | $4.7M |
| Tanium | Endpoint | Funding, common stock | $150M | |
| Accurics | Cloud Security | Funding, A-round | $20M | |
| NormShield | Cyber Risk Rating | Funding, A-round | $7.5M | |
| deepwatch | MSSP | Funding, B-round | $53M | |
| Cyberpion | Online Infrastructure | Seed | $8.5M | |
| apiiro | DevSecOps | Funding, A-round | $35M | |
| BitNinja | Web Server Protection | Funding, A-round | $2.5M | |
| Sonrai Security | Cloud Security | Funding, B-round | $20M | |
| FOSSA | Opensource Governance | Funding, B-round | $23.2M | |
| NeuraLegion | Application Security | Seed | $4.7M | |
| Unit21 | Identity & Fraud Monitoring | Funding, A-round | $13M | |
| 4iQ | Risk Intelligence | Funding, C-round | $30M | |
| Decipher Works & CloudTen | Identity Management & Cloud | Acquisition | CyberCX | $17.5M |
| Sym | DevSecOps | Funding, A-round | $9M | |
| Mine | Data Privacy | Funding, A-round | $9.5M | |
| Arctic Wolf | MSSP | Funding, E-round | $200M | |
| Secureframe | Automated Security Compliance | Seed | $4.5M | |
| Forcepoint | Platform | Acquisition | Francisco Partners | Undisclosed |
| Strider | Counter Espionage | Funding, A-round | $10M | |
| Theta Lake | Conferencing Security | Funding, A-round | $12.7M | |
| Bluefin Payment Systems | Data & Payment Security | Funding | $25M | |
| Enso Security | Application Security | Seed | $6M | |
| StackHawk | Application Security | Funding, A-round | $10M | |
| Toka | Cyber Security Intellegence | Funding, B-round | $25M | |
| Asavie | Mobile/IoT Security | Acquisition | Akamai | Undisclosed |
| Stairwell | Threat Intel | Seed | $4.5M | |
| Lucidum | Asset Discovery | Seed | $4M |
Sources of data: SecurityWeek | Crunchbase News | Venture Beat | TechCrunch | Dark Reading | FINSMES | Help Net Security | ZDNet | Security Boulevard | TechTarget | gjsentinel | Nasdaq
Click here for September’s cyber security vendor transactions
About Pinpoint Search Group
Pinpoint recruits VPs, Directors and Sr. Individual Contributors for cyber security vendors. As start-ups continue raising millions in funding and established vendors make acquisitions to round out their offerings, Pinpoint Search Group is keeping track.