May's cyber security vendor transaction highlights
- 41 total funding and M&A transactions
- $1.6 Billion raised over 33 rounds
- 9 M&A events
May's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Market Segment | Activity Type | Financials |
| Sunday Security | Cyber Risk Protection | Seed | $4M |
| devOcean | Cloud Native Security | Seed | $6M |
| BalkanID | Identity Governancy | Seed | $5.75M |
| Dig Security | Cloud Data Security | Seed | $11M |
| CipherMode | Data Security | Seed | $6.7M |
| Red Access | Secure Browsing | Seed | $6M |
| LimaCharlie | SOCaaS | Seed | $5.5M |
| Pathlock | Unified GRC | Funding | $200M |
| Smallstep | Certificate Management | Funding, A-round | $19M |
| Network Perception | OT Security | Funding, A-round | $13M |
| Concentric AI | Data Security | Funding, A-round | $14.5M |
| Pangea Cyber | API Security Services | Funding, A-round | $25M |
| CertifID | Wire Fraud Prevention | Funding, A-round | $12.5M |
| XONA | Secure Remote Access | Funding, A-round | $7.2M |
| Seemplicity | Incident Response | Funding, A-round | $26M |
| Surefire Cyber | Incident Response | Funding, A-round | $10M |
| Xage Security | Critical Infrastructure | Funding, B+-round | $6M |
| TraceableAI | API Security | Funding, B-round | $60M |
| AutoRABIT | DevSecOps | Funding, B-round | $26M |
| Tailscale | Network Security | Funding, B-round | $100M |
| Mosyle | MDM/Endpoint Security | Funding, B-round | $196M |
| StackHawk | AppSec | Funding, B-round | $20.7M |
| Nisos | Threat Intelligence | Funding, B-round | $15M |
| Hoxhunt | Cybersecurity Training | Funding, B-round | $40M |
| Teleport | IAM | Funding, C-round | $110M |
| ShiftLeft | AppSec | Funding, C-round | $29M |
| Abnormal Security | Email Security | Funding, C-round | $210M |
| Material Security | Email Security | Funding, C-round | $100M |
| Cornami | Homomorphic Encryption | Funding, C-round | $68M |
| Seclore | Data Security | Funding, C-round | $27M |
| Semperis | Identity Protection | Funding, C-round | $200M |
| Tidelift | Opensource Security | Funding, C-round | $27M |
| SkyHawk Security | Cloud Threat Detection | Spinoff/Funding | $35M |
M&A
| Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
| Radiflow | OT Security | Acquisition | Sabanci | $45M |
| Comae Technologies | Incident Response | Acquisition | Magnet Forensics | Undisclosed |
| Ubble | Identity Verification | Acquisition | Checkout.com | Undisclosed |
| Next I.T. | MSSP | Acquisition | Valeo Networks | Undisclosed |
| Lucy Security AG | Security Education | Acquisition | ThriveDX | Undisclosed |
| CynergisTek | Healthcare Cybersecurity | Acquisition | Clearwater Compliance | $17.7M |
| Hdiv Security | Security Testing | Acquisition | Datadog | Undisclosed |
| Appsian | ERP Data Security | Merger | Pathlock | Undisclosed |
| Security Weaver | GRC for SAP | Merger | Pathlock | Undisclosed |
Sources of data: SecurityWeek | Venture Beat | TechCrunch | Dark Reading | Crunchbase | FinSMEs | siliconANGLE | Help Net Security
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.