$583M in Funding, 4 Acquisitions, 1 IPO for Security Vendors

A report by Global Market Insights forecasts the cyber security industry will grow from $160B (2019) to $400B in 2026 representing 15% CAGR. The sustained funding and acquisition activity month over month seem to support the projection. August saw ~$583M in funding, an $100M IPO filing and four acquisitions – two totaling ~$1B / two undisclosed.

Here’s a roundup of the cyber security vendor activity we tracked in August. Based on a subscriber’s request, we added a market segment section.

August’s 22 Cyber Security Funding Rounds, Mergers and Acquisitions & IPO

Vendor Market Segment Activity Type Acquiring Co. Financials
Censys Attack Surface Management Funding, A-round   $15.5M
GreyNoise Intelligence Alert Fatigue Reduction Seed   $4.8M
Silverfort Authentication Funding, B-round   $30M
Clean.io Javascript Security Funding, A-round   $5M
IRONSCALES Anti Phishing  Funding, B-round (extended)   $8M
Elisity Zero Trust Network Security Seed   $7.5M
Symmetry Systems Data Security  Seed   $3M
Perimeter 81 SASE Funding, B-round   $40M
Blumira Cloud SIEM Seed   $2.6M
Adaptive Shield  SaaS Application Security Seed   $4M
Keeper Security Data Breach Prevention  Growth Funding   $60M
MedISAO Medical Device Security Acquisition MedCrypt Undisclosed
SpyCloud Account Takeover Prevention  Funding, C-round   $30M
Cyware Threat Intel & Response Funding, A-round   $10M
Cobalt.io SaaS Pentesting Funding, B-round   $29M
Graphus Inc. Automated Phishing Defense Acquisition Kaseya Undisclosed
The Crypsis Group Digital Forensics, Incident Response Acquisition Palo Alto $265M
ReliaQuest Cloud SaaS Security Platform Growth Funding   $300M
Sumo Logic Security Intelligence  IPO   $100M
Affirm Logic Malware Detection Growth Funding   $25M
Berbix Identity Verification Funding, A-round   $9M
Signal Sciences API Security Acquisition Fastly $775M

Sources of data: Security Boulevard | Crunchbase News | Venture Beat | TechCrunchDark Reading | Infosec Magazine | SecurityWeek | FINSMES | Help Net Security | Medical Device Network

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.

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