March's cyber security vendor transaction highlights
- 51 total funding and M&A transactions
- $1.4 Billion raised over 42 rounds
- 9 M&A events
March's funding round breakdown
March's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Lead Investor | Market Segment |
| BBT.Live | Seed | $1,100,000 | Tzvi Neta Holdings | Network Security |
| Sitehop | Seed | $6,333,000 | Amadeus Capital | Data |
| PeakMetrics | Seed | $3,000,000 | York IE | OSINT |
| Youverify | Seed | $2,500,000 | Elm | Identity |
| Codezero | Seed | $3,500,000 | Ballistic Ventures | AppSec |
| Redcoat AI | Seed | $4,240,000 | Pear VC | PenTesting |
| Tarsal | Seed | $6,000,000 | Harpoon Ventures | Data |
| LeakSignal | Seed | $1,600,000 | Shasta Ventures | Data |
| BlueFlag Security | Seed | $11,500,000 | Maverick Ventures | AppSec |
| Dymium | Seed | $7,000,000 | Two Bear Capital | Data |
| Abstract Security | Seed | $8,500,000 | Crosslink Capital | SIEM |
| Bedrock Security | Seed | $10,000,000 | Greylock Partners | Data |
| Leen Security | Seed | $2,800,000 | 11.2 Capital | Data |
| Think Cyber | Seed | $3,800,000 | Fuel Ventures | Training |
| Binarly | Seed | $10,500,000 | Two Bear Capital | Supply Chain |
| Zafran | Seed | $30,000,000 | Sequoia | Vulnerability |
| SydeLabs | Seed | $2,500,000 | RTP Global | AI/LLM |
| DataKrypto | Seed | $3,251,000 | Cysero | Data |
| Sandfly Security | Seed | $1,300,000 | Gula Tech Adventures | OS Security |
| CredShields | Funding | $1,000,000 | Draper Associates | Crypto |
| Bluecyber | Funding | $1,500,000 | Invisto.com.vc | Cyber Insurance |
| Cayosoft | Funding | $22,500,000 | Centana Growth Partners | Detection/Response |
| Sevco Security | Funding | $17,000,000 | SYN Ventures | Vulnerability |
| Sweet Security | Funding, A | $33,000,000 | Evolution Equity Partners | Detection/Response |
| Zama | Funding, A | $73,000,000 | Multicoin Capital | Data |
| Defense Unicorns | Funding, A | $35,000,000 | Sapphire Ventures | AppSec |
| Reach Security | Funding, A | $20,000,000 | Ballistic Ventures | Threat Intel |
| BotGuard | Funding, A | $13,100,000 | MMC Ventures | Bot |
| CyberSaint | Funding, A | $21,000,000 | Riverside Acceleration Capital | GRC |
| StealthMole | Funding, A | $7,000,000 | Korea Investment Partners | OSINT |
| Sprocket Security | Funding, A | $8,000,000 | Blueprint Equity | Security Services |
| Todyl | Funding, B | $50,000,000 | Base10 Partners | XDR |
| Eye Security | Funding, B | $39,200,000 | J.P. Morgan Growth Equity Partners | MSSP |
| SkyFlow | Funding, B | $30,000,000 | Khosla Ventures | Data |
| Coro | Funding, D | $100,000,000 | One Peak | XDR |
| Axonius | Funding, E | $200,000,000 | Accel | Vulnerability |
| Dtex | Funding, E | $50,000,000 | CapitalG | Threat Intel |
| Nozomi | Funding, E | $100,000,000 | Mitsubishi Electric | OT/ICS |
| Claroty | Growth Funding | $100,000,000 | Delta-v Capital | OT/ICS |
| BigID | Growth Funding | $60,000,000 | Riverwood Capital | Data |
| Finite State | Growth Funding | $20,000,000 | Energy Impact Partners | AppSec |
| Cyera | Growth Funding | $300,000,000 | Coatue | AI/LLM |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Bearer | Acquisition | Cycode | Undisclosed | AppSec |
| Flow Security | Acquisition | CrowdStrike | $200,000,000 | Data |
| Avalor | Acquisition | Zsclaer | $350,000,000 | Data |
| Gem Security | Acquisition | Wiz | $350,000,000 | Detection/Response |
| PCG Cyber | Acquisition | AUCloud | Undisclosed | Security Services |
| Intrinsic ID | Acquisition | Synopsys | Undisclosed | Firmware Security |
| INDODAS | Acquisition | Airbus | Undisclosed | MSSP |
| Foretrace | Acquisition | Flare | Undisclosed | Threat Intel |
| Carbon Black | Merger | Broadcom’s Symantec BU | N/A | Endpoint |
Research Methodology
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.
