December's cyber security vendor transaction highlights
- 43 total funding and M&A transactions
- $2.1 Billion raised over 31 rounds
- 9 M&A events
- 1 spinout
- 1 IPO announcement
December's 43 funding rounds and mergers & acquisitions
Funding
M&A
IPO & Spinout
Funding
| Vendor | Market Segment | Activity Type | Financials |
| Soveren | Privacy/Compliance | Seed | $6.5M |
| Polymer | Automated DLP | Seed | $4M |
| Atmosec | Cloud SaaS Security | Seed | $6M |
| Qonsent | Privacy/Compliance | Seed | $5M |
| ContraForce | No-code Security | Seed | $2M |
| SpeQtral | Quantum Cryptography | Funding | $8.3M |
| UncommonX | MDR | Funding, A+-round | $9.5M |
| Strivacity | CIAM | Funding, A-round | $9.3M |
| Grip Security | SaaS Application Security | Funding, A-round | $19M |
| Dazz | Cloud Security | Funding, A-round | $50M |
| Guardio | Web Security | Funding, A-round | $47M |
| Ory | Zero Trust | Funding, A-round | $22.5M |
| Axiado | Hardware Security | Funding, B+-round | $25M |
| Karamba Security | IoT Security | Funding, B+-round | $10M |
| CertiK | Blockchain Security | Funding, B+-round | $80M |
| Panther Labs | Security Analytics | Funding, B-round | $120M |
| Incode | Identity Verification | Funding, B-round | $220M |
| GitGuardian | AppSec/Code Security | Funding, B-round | $44M |
| Torq | No-code Security | Funding, B-round | $50M |
| Ermetic | Cloud Security – Identity | Funding, B-round | $70M |
| Cylus | Railway Security | Funding, B-round | $30M |
| CyCognito | Attack Surface Management | Funding, C-round | $100M |
| Kasada | Anti-bot Fraud Protection | Funding, C-round | $23M |
| Afero | IoT Security | Funding, C-round | $50M |
| IronScales | Email Security | Funding, C-round | $64M |
| Noname Security | API Security | Funding, C-round | $135M |
| Cequence Security | API Security | Funding, C-round | $60M |
| PlainID | IAM | Funding, C-round | $75M |
| LogDNA | Observability Data Security | Funding, D-round | $50M |
| Claroty | Industrial Security | Funding, E-round | $400M |
| Sysdig | Container/Cloud Security | Funding, G-round | $350M |
| ReliaQuest | Open XDR | P/E Funding | Undisclosed |
M&A
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| Argon | Supply Chain Security | Acquisition | Aqua Security | Undisclosed |
| Unbound Security | Cryptographic Key Protection | Acquisition | Coinbase | $150M |
| Universal Security Systems | Security SI | Acquisition | Convergint | Undisclosed |
| Mimecast | Email Security | Acquisition | Permira (P/E) | $5.8B |
| Medigate | Healthcare Security | Acquisition | Claroty | $400M |
| 4Stop | Anti-Fraud | Acquisition | Jumio | Undisclosed |
| Guardum | Data Security | Acquisition | DFIN | Undisclosed |
| Security Compass Advisory | Solutions/Consulting Provider | Acquisition | Kroll | Undisclosed |
| IDX | Digital Privacy | Acquisition | ZeroFox | Undisclosed |
IPO & Spinout
| Vendor | Market Segment | Activity Type | Financials |
| Neustar Security Services | Cloud Security Services | Spinout | N/A |
| ZeroFox | Threat Intel | IPO |
Sources of data: SecurityWeek | Venture Beat | TechCrunch | Help Net Security | Dark Reading | ZDNet | Cybersecurity Insiders | SiliconANGLE
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.