While the cyber security threat landscape continues to evolve, the constant remains that investment into infosec tools is a must. According to IDG research, 41% of security/IT decision-makers say cyber security budgets will increase in 2021.
This reality translates to sustained investment into cyber security vendors and service providers. Here’s a look at January’s cyber security vendor transactions.
January's 24 funding rounds and mergers & acquisitions
Vendor | Market Segment | Activity Type | Acquiring Co. | Financials |
Sysnet | Payments Security | Debt Funding | $65M | |
NuArx | Payments Security | Acquisition | Sysnet | Undisclosed |
Lacework | Cloud Security | Funding, D-round | $525M | |
StackRox | Container Security | Acquisition | Red Hat | Undisclosed |
Volterra | AppSec | Acquisition | F5 | Undisclosed |
Trident Systems | Security Collaboration | Acquisition | Owl Cyber Defense | Undisclosed |
Real Protect | MSSP | Acquisition | Accenture | Undisclosed |
In Fidem | Infosec Management | Acquisition | Atos | Undisclosed |
Level Effect | EDR | Acquisition | Huntress | Undisclosed |
JumpCloud | ZeroTrust | Funding, E+-round | $25M | |
Vdoo | IoT Security | Funding, B+-round | $25M | |
Altaro | Backup | Acquisition | Hornetsecurity | Undisclosed |
HyTrust | Cloud Security/Encryption | Acquisition | Entrust | Undisclosed |
HubStor | Data Protection/Backup | Acquisition | Veritas Technologies | Undisclosed |
MistNet | Network Threat Detection | Acquisition | LogRhythm | Undisclosed |
Stacklet | Cloud Governance | Funding, A-round | $18M | |
Qohash | Data Security | Funding, A-round | $6.3M | |
Swimlane | Security Orchestration | Funding, B+-round | $40M | |
Valtix | Cloud Network Security | Strategic Funding | $12.5M | |
Root9B | Threat Hunting | Acquisition | Deloitte | Undisclosed |
Armo | Cloud Security | Seed | $4.5M | |
Cherwell | IT Service Management | Acquisition | Ivanti | Undisclosed |
CybSafe | Behavioral Security | Funding, A-round | $7.9M | |
Tanium | Endpoint | Funding, common stock sale | $150M |
Sources of data: SecurityWeek | Venture Beat | TechCrunch | Help Net Security | ZDNet | Security Boulevard | Infosec Magazine | Silicon Republic | Cyber Security Insiders | virginabusiness.com | FinSMEs | GeekWire
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.