July's cyber security vendor transaction highlights
- 48 total funding and M&A transactions
- $1.17 Billion raised over 41 rounds
- 7 M&A events
Crunching the Numbers
- The $1.17 Billion raised in July 2025 represents a 58% increase in funding raised when compared to July 2024.
- 41 funding rounds were tracked in July ’25 compared to 25 in July, ’24.
- Early-stage funding (Seed, Series-A) represents 68% of all July 2025 funding rounds recorded.
- Three rounds of funding over $100M were recorded accounting for 32% of all July funding dollars.
- YTD vendors raised $7.6 Billion, an 18% increase over the same period in 2024.
July's funding round breakdown
July's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Lead Investor | Market Segment |
| Bastazo | Seed | $5,300,000 | Cortado Ventures | OT/ICS |
| Empirical | Seed | $12,000,000 | Costanoa Ventures | Vulnerability |
| Confident Security | Seed | $4,200,000 | Decibel VC | Data |
| Knox | Seed | $6,500,000 | Felicis | GRC |
| Crash Override | Seed | $28,000,000 | Google Ventures | AppSec |
| Cogent Security | Seed | $11,000,000 | Greylock Partners | Vulnerability |
| Circuit Security | Seed | $4,500,000 | Nyca Partners | Crypto |
| AirMDR | Seed | $10,500,000 | Race Capital | Detection/Response |
| StrongestLayer | Seed | $5,200,000 | Sorenson Capital | |
| Maro | Seed | $4,300,000 | Downing Capital | GRC |
| Tonic Security | Seed | $7,000,000 | Hetz Ventures | Threat Intel |
| DynaRisk | Seed | $4,700,000 | YFM Equity Partners | Cyber Insurance |
| Root Evidence | Seed | $12,500,000 | Ballistic Ventures | Vulnerability |
| Trustfull | Seed | $6,850,000 | Seaya Ventures | Fraud |
| Cyata | Seed | $8,500,000 | TLV Partners | Identity |
| Cavelo | Seed | $3,619,000 | Inovia Capital | Vulnerability |
| North Pole Security | Seed | $4,000,000 | Undisclosed | Endpoint |
| Echo | Seed | $15,000,000 | Notable Capital | Vulnerability |
| ShelterZoom | Funding | $6,000,000 | Undisclosed | Data |
| Reach Security | Funding | $10,000,000 | M12 | Threat Intel |
| Command Zero | Funding | $10,000,000 | Crosspoint Capital | Forensics |
| Zip Security | Funding, A | $13,500,000 | Ballistic Ventures | MSSP |
| Castellum | Funding, A | $8,500,000 | Curql | GRC |
| iCOUNTER | Funding, A | $30,000,000 | SYN Ventures | Threat Intel |
| Heka | Funding, A | $14,000,000 | Windare Ventures | Fraud |
| Delve Technologies | Funding, A | $32,000,000 | Insight Partners | GRC |
| Seal Security | Funding, A | $13,000,000 | Vertex Israel | Vulnerability |
| Promptfoo | Funding, A | $18,400,000 | Insight Partners | AI/LLM |
| Fable Security | Funding, A | $31,000,000 | Greylock Partners | Training |
| Legion | Funding, A | $38,000,000 | Coatue | Automation |
| Prophet Security | Funding, A | $30,000,000 | Accel | Automation |
| BlinkOps | Funding, B | $50,000,000 | O.G. Venture Partners | Automation |
| Dropzone AI | Funding, B | $37,000,000 | Theory Ventures | Detection/Response |
| Noma | Funding, B | $100,000,000 | Evolution Equity Partners | AI/LLM |
| CertifID | Funding, C | $47,500,000 | Centana Growth Partners | Fraud |
| Exein | Funding, C | $81,000,000 | Balderton | IoT |
| Wallarm | Funding, C | $50,000,000 | Toba Capital | API |
| Safe Security | Funding, C | $70,000,000 | Avataar Ventures | Ratings |
| Virtru | Funding, D | $50,000,000 | ICONIQ | Data |
| Vanta Security | Funding, D | $150,000,000 | Wellington Management | GRC |
| HeroDevs | Growth Funding | $125,000,000 | PSG | AppSec |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Trustwave | Acquisition | LevelBlue (AT&T Cybersecurity) | Undisclosed | MSSP |
| Swift Security | Acquisition | Concentric AI | Undisclosed | GRC |
| Acante | Acquisition | Concentric AI | Undisclosed | GRC |
| Sourcepoint | Acquisition | Didomi | Undisclosed | GRC |
| Mira Security | Acquisition | Darktrace | Undisclosed | Network Security |
| Cynerio | Acquisition | Axonius | $180,000,000 | IoT |
| CyberArk | Acquisition | Palo Alto Networks | $25,000,000,000 | Identity |
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.