March's cyber security vendor transaction highlights
- 40 total funding and M&A transactions
- $550 Million raised over 29 rounds
- 11 M&A events
March's funding round breakdown
March's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Market Segment |
| SecFix | Seed | $3,800,000 | GRC |
| Edgeless Systems | Seed | $5,000,000 | Data |
| Naq | Seed | $1,500,000 | GRC |
| Aembit | Seed | $16,600,000 | Identity |
| Oleria | Seed | $8,000,000 | Identity |
| Fenix24 | Seed | $5,000,000 | Security Services |
| Backslash Security | Seed | $8,000,000 | AppSec |
| Spera | Seed | $10,000,000 | Identity |
| Op[4] | Seed | $2,000,000 | Firmware Security |
| Turnkey | Seed | $7,500,000 | Crypto |
| Mitiga | Funding, A | $45,000,000 | Detection/Response |
| Monarx | Funding, A | $6,100,000 | Web Application Security |
| Dope Security | Funding, A | $16,000,000 | Network Security |
| Clerk | Funding, A | $15,000,000 | Identity |
| Right-Hand Cybersecurity | Funding, A | $5,000,000 | Training |
| True I/O | Funding, A | $9,000,000 | IoT |
| Votiro | Funding, A | $11,500,000 | Detection/Response |
| RangeForce | Funding, B | $20,000,000 | Training |
| Droit | Funding, B | $23,000,000 | GRC |
| Cado Security | Funding, B | $20,000,000 | Forensics |
| Revelstoke | Funding, B | $20,000,000 | SOAR |
| Britive | Funding, B | $20,500,000 | Identity |
| DataDome | Funding, C | $42,000,000 | Bot |
| Ledger | Funding, C | $108,400,000 | Crypto |
| Deep Instinct | Growth Funding | Undisclosed | Endpoint |
| Grip Security | Growth Funding | Undisclosed | SaaS Security |
| Abnormal Security | Growth Funding | $10,000,000 | |
| SCADAfence | Growth Funding | $16,000,000 | OT/ICS |
| Socure | Financing | $95,000,000 | Identity |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Valtix | Acquisition | Cisco | Undisclosed | Network Security |
| Logpoint | Acquisition | Summa Equity | Undisclosed | XDR |
| Axis Security | Acquisition | HPE | Undisclosed | SASE |
| Minerva Labs | Acquisition | Rapid7 | $38,000,000 | Detection/Response |
| Baffin Bay Networks | Acquisition | Mastercard | Undisclosed | Threat Intel |
| Confluera | Acquisition | XM Cyber | Undisclosed | Detection/Response |
| Slipstream Cyber Security | Acquisition | Interactive | Undisclosed | Security Services |
| Foxpass | Acquisition | Splashtop | Undisclosed | Identity |
| Lidera Network | Acquisition | Esprinet | $6,000,000 | MSSP |
| Cysiv | Acquisition | Liquid Intelligent Technologies | Undisclosed | Security Services |
| Lightspin | Acquisition | Cisco | $200,000,000 | AppSec |
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.
