February's cyber security vendor transaction highlights
- 52 total funding and M&A transactions
- $2.5 Billion raised over 31 rounds
- 21 M&A events
February's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Market Segment | Activity Type | Financials |
| Talon | Browser Security | Seed+ | $17M |
| Cynomi | Virtual CISO Platform | Seed | $3.5M |
| DeepSurface | Risk Analysis | Seed | $4.5M |
| Canonic Security | App Governance | Seed | $6M |
| Allure Security | Fraud Detection/Prevention | Seed | $6.8M |
| Titanium | Data Protection/Privacy | Seed | $6M |
| Ruby | Data Protection/Privacy | Seed | $7.3M |
| Permit.io | Authorization | Seed | $6M |
| Astrix Security | Attack Surface Management | Seed | $15M |
| Feroot Security | Web Application Security | Seed | $11M |
| Pixm | Phishing Mitigation | Seed+ | $4.3M |
| eSentire | MDR | Funding | $325M |
| Cerby | Security Automation | Funding, A-round | $12M |
| Vicarius | Vulnerability Remediation | Funding, A-round | $24M |
| Legit Security | Supply Chain Security | Funding, A-round | $30M |
| Calamu | Ransomware Recovery | Funding, A-round | $16.5M |
| Sardine | Fraud Prevention | Funding, A-round | $19.5M |
| Netacea | Bot Detection/Mitigation | Funding, A-round | $12M |
| Phosphorus | IoT Security | Funding, A-round | $38M |
| Cyble | Threat Intel | Funding, A-round | $10M |
| anecdotes | Compliance OS | Funding, A-round | $25M |
| PlexTrac | Security Posture Management | Funding, B-round | $70M |
| Shift5 | OT Security | Funding, B-round | $50M |
| Secureframe | Automated Compliance | Funding, B-round | $56M |
| Red Sift | Email Security | Funding, B-round | $54M |
| Beyond Identity | MFA | Funding, C+-round | $100M |
| Cheq | Web Traffic Security | Funding, C-round | $150M |
| Salt Security | API Security | Funding, D-round | $140M |
| BlueVoyant | MDR | Funding, D-round | $250M |
| ThriveDX | Cybersecurity Training | Growth Funding | $100M |
| Securonix | XDR/SIEM | Growth Funding | $1B |
M&A
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| Spectral | AppSec | Acquisition | Check Point | Undisclosed |
| CyberMDX | Medical IoT Security | Acquisition | Forescout | Undisclosed |
| Infosec | Cybersecurity Training | Acquisition | Cengage Group | $191M |
| Siriux | Identity/SaaS Posture Management | Acquisition | Vectra AI | Undisclosed |
| Glyptodon | Remote Access Gateway | Acquisition | Keeper Security | Undisclosed |
| Encode | Security Analytics/Response | Acquisition | Obrela Security | Undisclosed |
| Tetra Defense | Threat Intel/Incident Response | Acquisition | Arctic Wolf | Undisclosed |
| Cyber Lantern | Security Consulting/Compliance | Acquisition | Foresite Cybersecurity | Undisclosed |
| LIFARS | Digital Forensics | Acquisition | SecurityScorecard | Undisclosed |
| Vectrix | CASB | Acquisition | Cloudflare | Undisclosed |
| Swivel Secure | IAM | Acquisition | BIO_key | Undisclosed |
| Xanitizer | SAST | Acquisition | WhiteSource | Undisclosed |
| DefenseCode | SAST | Acquisition | WhiteSource | Undisclosed |
| Fugue | CSPM | Acquisition | Snyk | Undisclosed |
| SecurityDAM | Cloud Security | Acquisition | Radware | $42.5M |
| Cyber Risk Aware | Security Awareness/Training | Acquisition | TitanHQ | Undisclosed |
| Area1 Security | Email Security | Acquisition | Cloudflare | $162M |
| Tripwire | Compliance | Acquisition | HelpSystems | $350M |
| Cybersprint | Attack Surface Management | Acquisition | Darktrace | $53.7M |
| Caretower | MSSP | Acquisition | Integrity360 | Undisclosed |
| Nord Security / Surfshark | VPN | Merger | Undisclosed |
Sources of data: SecurityWeek | Venture Beat | TechCrunch | Help Net Security | Dark Reading | ZDNet | Cybersecurity Insiders | Infosecurity Magazine | Yahoo Finance | CRN | Globes | IT Security Guru | MSSP Alert | 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.