Q1 Cyber Security Vendor Transaction Highlights
- 117 total funding and M&A transactions
- $3.7 Billion raised over 66 rounds
- 51 total acquisitions
- 13 acquiring companies disclosed financial details totaling ~$13.5 Billion
Visualization: Q1 Security Vendor Funding
Full Monthly Funding and M&A Transaction Lists
March 2021
February 2021
January 2021
March 2021
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| TripleBlind | Data Privacy | Seed | $8.2M | |
| Axonius | Asset Management | Funding, D-round | $100M | |
| DocuVision | Privacy/GRC | Acquisition | OneTrust | Undisclosed |
| Thycotic/Centrify | PAM | Acquisition/Merger | TPG Capital | $1.4B |
| Identiq | Identity Validation | Funding, A-round | $47M | |
| Doppler | Authentication | Seed | $6.5M | |
| AuthO | Identity Platform | Acquisition | Okta | $6.5B |
| identity Trust Management AG | Identity Security | Acquisition | Idnow | Undisclosed |
| McAfee Enterprise | Endpoint | Acquisition | STG | $4B |
| Curv | Cryptocurrency Security | Acquisition | PayPal | ~$200M |
| ThirdSpace | Identity Security | Acquisition | TiG Data Intel | Undisclosed |
| Privacera | Data Governance | Funding, B-round | $50M | |
| DocSend | Secure Document Share | Acquisition | Dropbox | $165M |
| Snyk | Developer Security | Funding, E-round | $300M | |
| Lumu | Threat Detection | Funding, A-round | $7.5M | |
| Pathlock | Orchestration | Growth Funding | $20M | |
| DataGrail | Data Sec & Compliance | Funding, B-round | $30M | |
| Aqua Security | Cloud Native Security | Funding, E-round | $135M | |
| Corvus | Cyber Insurance | Funding, C-Round | $100M | |
| Breach Clarity | Data Breach Intel | Acquisition | Sontiq | Undisclosed |
| Cynet | XDR | Funding, C-Round | $40M | |
| Cowbell Cyber | AI Cyber Insurance | Funding, A-round | $20M | |
| DFLabs | Security Orchestration | Acquisition | Sumo Logic | Undisclosed |
| Tausight | Healthcare Data Protection | Funding, A-round | $20M | |
| BitDam | Threat Detection | Acquisition | Datto | Undisclosed |
| Cyware | SOAR | Funding, B-round | $30M | |
| Rumble | Asset Discovery | Seed | $5M | |
| LoginID | Authentication | Seed | $6M | |
| Argon | Development Security | Seed | $4M | |
| IronNet Cybersecurity | Threat Detection | IPO Announcement | ||
| CipherCloud | Cloud Security / SASE | Acquisition | Lookout | Undisclosed |
| Vulcan Cyber | Vulnerability Remidiation | Funding, B-round | $21M | |
| New Context | DevSecOps | Acquisition | Copado | Undisclosed |
| Coalition | Cyber Insurance | Funding, D-round | $175M | |
| Socure | Identity Validation | Funding, D-round | $100M | |
| MuseDev | Vulnerability Scanning | Acquisition | Sonatype | Undisclosed |
| Cylera | IoT Security (Healthcare) | Funding, A-round | $10M | |
| SecurityScorecard | Security Ratings Platform | Funding, E-round | $180M | |
| Secureframe | Compliance | Funding, A-round | $18M | |
| Seon | Fraud Detection | Funding, A-round | $12M | |
| Oso | Application Autherization | Funding, A-round | $8.2M | |
| Gemini Advisory | Dark Web Monitoring | Acquisition | Recorded Future | $52M |
| ERP Maestro | ERP Access Control | Acquisition | SailPoint | Undisclosed |
| Mesh7 | Cloud-Nativ Application Sec | Acquisition | Vmware | Undisclosed |
| FiVerity | Fraud Detection | Financing | $2M | |
| SCADAfence | OT Security | Funding, B-round | $12M | |
| Axis Security | Zero Trust Network Access | Funding, C-Round | $50M | |
| Convercent | Compliance | Acquisition | OneTrust | Undisclosed |
| Orca Security | Cloud Security | Funding, C-Round | $210M | |
| Jumio | Identity Verification | Funding | $150M | |
| ID.me | Digital Identity Security | Funding, C-Round | $100M | |
| Ketch | Data Privacy / Compliance | Funding, A-round | $23M | |
| Feedzai | Fintech Fraud Security | Funding, D-round | $200M | |
| Morphisec | Endpoint | Funding, C-Round | $31M | |
| Cybeats | IoT Security | Acquisition | Relay Medical | $7.5M |
| Zerospam | Email Security | Acquisition | Hornetsecurity | Undisclosed |
| Redscan | XDR | Acquisition | Kroll | Undisclosed |
| CodeScan | DevSecOps | Acquisition | AutoRABIT | Undisclosed |
| Living Security | Security Training | Funding, B-round | $14M | |
| Cyan Forensics | OSINT | Funding, A-round | $6.9M |
February 2021
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials | Source |
| Mission Secure | OT Security | Funding, B-round | $5.6M | SecurityWeek | |
| Alcide | Kubernetes Security | Acquisition | Rapid7 | $50M | Security Boulevard |
| Inverse | IoT Security Insights | Acquisition | Akamai | Undisclosed | ZDNet |
| SecurityAdvisor | Security Training | Funding, A-round | $7.3M | Yahoo Finance | |
| Digital Defense | Vulnerability Scanning | Acquisition | HelpSystems | Undisclosed | Info Security Magazine |
| CyberScout | MSSP | Acquisition | Sontiq | Undisclosed | Help Net Security |
| BeyondID | Cloud Identity | Funding, A-round | $9M | TechCrunch | |
| Handshake | Pentesting | Acquisition | Guardforce AI | Undisclosed | Yahoo Finance |
| Armis | IoT Security | Strategic Funding | $125M | CRN | |
| Scalyr | Log Management | Acquisition | SentinelOne | $155M | ZDNet |
| SecuriThings | IoTOps | Funding, A-round | $14M | Security Boulevard | |
| CYE | Vulnerability Assessment | Growth Funding | $100M | TechCrunch | |
| Alsid | Active Directory Security | Acquisition | Tenable | $98M | Help Net Security |
| AUTOCRYPT | Automotive Security | Funding, A-round | $13M | Help Net Security | |
| Scalarr | Ad Fraud | Funding, A-round | $7.5M | TechCrunch | |
| Sqreen | Web App Security | Acquisition | Datadog | Undisclosed | VentureBeat |
| FingerprintJS | Web User Ideintification | Funding, A-round | $8M | VentureBeat | |
| Herjavec Group | MSSP | Acquisition | Apax Partners | Undisclosed | Info Security Magazine |
| WireWheel | Data Privacy | Funding, B-round | $20M | FinSMEs | |
| Strata | Cloud Identity Orchestration | Funding, A-round | $11M | Security Boulevard | |
| Bridgecrew | Cloud DevOps Security | Acquisition | Palo Alto | $156M | ZDNet |
| Red Canary | MDR | Funding, C-round | $81M | SecurityWeek | |
| Spectral | DevSecOps | Seed | $6.2M | siliconAngle | |
| vArmour | App Relationship Management | Growth Funding | $58M | FinSMEs | |
| Componolit | Software Verification | Acquisition | AdaCore | Undisclosed | Help Net Security |
| Humio | Log Management | Acquisition | CrowdStrike | $400M | Nasdaq |
| SPHERE | Data Security / GRC | Funding, A-round | $10M | Crunchbase News | |
| RocketCyber | SOC Services | Acquisition | Kaseya | Undisclosed | Dark Reading |
| PerimeterX | Bot Protection | Funding, D-round | $57M | SecurityWeek | |
| InteliSecure | MSSP & Data Protection | Acquisition | Proofpoint | $62.5M | Help Net Security |
| Armorblox | Email & Comms Security | Funding, B-round | $30M | Crunchbase News | |
| Hyas | Threat Detection | Funding, A-round | $16M | VentureBeat | |
| Motive ICT | MSSP | Acquisition | Atos | Undisclosed | Info Security Magazine |
Sources of data: SecurityWeek | Venture Beat | TechCrunch | Help Net Security | ZDNet | Security Boulevard | Infosec Magazine | FinSMEs | Yahoo! Finance | CRN | siliconAngle | Nasdaq | Crunchbase News | Dark Reading
January 2021
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| Sysnet | Payments Security | Debt Funding | $65M | |
| NuArx | Payments Security | Acquisition | Sysnet | Undisclosed |
| Lacework | Cloud Security | Funding, D-round | $525M | |
| StackRox | Container Security | Acquisition | Red Hat | Undisclosed |
| Volterra | AppSec | Acquisition | F5 | Undisclosed |
| Trident Systems | Security Collaboration | Acquisition | Owl Cyber Defense | Undisclosed |
| Real Protect | MSSP | Acquisition | Accenture | Undisclosed |
| In Fidem | Infosec Management | Acquisition | Atos | Undisclosed |
| Level Effect | EDR | Acquisition | Huntress | Undisclosed |
| JumpCloud | ZeroTrust | Funding, E+-round | $25M | |
| Vdoo | IoT Security | Funding, B+-round | $25M | |
| Altaro | Backup | Acquisition | Hornetsecurity | Undisclosed |
| HyTrust | Cloud Security/Encryption | Acquisition | Entrust | Undisclosed |
| HubStor | Data Protection/Backup | Acquisition | Veritas Technologies | Undisclosed |
| MistNet | Network Threat Detection | Acquisition | LogRhythm | Undisclosed |
| Stacklet | Cloud Governance | Funding, A-round | $18M | |
| Qohash | Data Security | Funding, A-round | $6.3M | |
| Swimlane | Security Orchestration | Funding, B+-round | $40M | |
| Valtix | Cloud Network Security | Strategic Funding | $12.5M | |
| Root9B | Threat Hunting | Acquisition | Deloitte | Undisclosed |
| Armo | Cloud Security | Seed | $4.5M | |
| Cherwell | IT Service Management | Acquisition | Ivanti | Undisclosed |
| CybSafe | Behavioral Security | Funding, A-round | $7.9M | |
| Tanium | Endpoint | Funding, common stock sale | $150M |
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.
Contact us to discuss adding talent to your team, or if it’s time to explore new opportunities.