December's cyber security vendor transaction highlights
- 33 total funding and M&A transactions
- $2 Billion raised over 30 rounds
- 3 M&A events
Crunching the Numbers
- The $2 Billion raised in December 2025 represents an 548% increase in funding raised when compared to November 2024 ($302 Million).
- 30 funding rounds were tracked in December ’25 compared to 14 in December, ’24.
- Early-stage funding (Seed, Series-A) represents 63% of all December 2025 funding rounds recorded.
- Six rounds of funding >$100 Million was recorded accounting for 80% of all December funding dollars.
- YTD vendors raised $13.9 Billion, a 47% increase over the same period in 2024.
December's funding round breakdown
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Lead Investor | Market Segment |
| Niobium | Seed | $23,000,000 | Blockchange Ventures | Data |
| Imper.ai | Seed | $28,000,000 | Redpoint Ventures | Social Engineering |
| Lumia Security | Seed | $18,000,000 | Team8 | GRC |
| Multifactor | Seed | $15,000,000 | Nexus Venture Partners | Identity |
| Mirror Security | Seed | $2,500,000 | Sure Valley Ventures | Data |
| Cyphlens | Seed | $3,800,000 | Salesforce Ventures | Data |
| Soverli | Seed | $2,600,000 | Founderul | Endpoint |
| Dux | Seed | $9,000,000 | Redpoint Ventures | Vulnerability |
| Gambit Cyber | Seed | $3,400,000 | Expeditions | Vulnerability |
| Ciphero | Seed | $2,500,000 | Sovereign’s Capital | GRC |
| Wodan AI | Seed | $2,350,000 | JME Ventures | Data |
| Helmet Security | Funding | $9,000,000 | SYN Ventures | AI/LLM |
| Resemble AI | Funding | $13,000,000 | Comcast Ventures | Fraud |
| Realm Security | Funding | $2,000,000 | Presidio Ventures | Data |
| Cyera | Funding | $400,000,000 | Blackstone | Data |
| Saporo | Funding, A | $8,100,000 | TIN Capital | Identity |
| 7AI | Funding, A | $130,000,000 | Index Ventures | Automation |
| COGNNA | Funding, A | $9,200,000 | BNVT Capital | Detection/Response |
| Equixly | Funding, A | $11,600,000 | 33N Ventures | PenTesting |
| Prime Security | Funding, A | $20,000,000 | Scale Venture Partners | AppSec |
| Verisoul | Funding, A | $8,800,000 | High Alpha | Fraud |
| Echo | Funding, A | $35,000,000 | N47 | Vulnerability |
| Paramify | Funding, A | $12,000,000 | Moore Strategic Ventures | GRC |
| Saviynt | Funding, B | $700,000,000 | KKR | Identity |
| Adaptive | Funding, B | $81,000,000 | Bain Capital | Social Engineering |
| Vega | Funding, B | $120,000,000 | Accel | Analytics |
| Logpresso | Funding, B | $10,860,000 | KB Investment | SIEM |
| Axiado | Funding, C | $100,000,000 | Maverick Silicon | Firmware Security |
| Zafran Security | Funding, C | $60,000,000 | Menlo Ventures | Vulnerability |
| Exein | Funding, D | $117,000,000 | Blue Cloud Ventures | IoT |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Veza | Acquisition | ServiceNow | $1,000,000,000 | Identity |
| Chatterbox Labs | Acquisition | Red Hat | Undisclosed | PenTesting |
| Armis | Acquisition | ServiceNow | $7,775,000,000 | IoT |
Research Methodology
About Pinpoint Search Group
Cybersecurity and Space Economy innovators work with Pinpoint Search Group to identify, attract, and land professionals that enable maturation, scale, and successful outcomes. 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.