May's cyber security vendor transaction highlights
- 44 total funding and M&A transactions
- $1.48 Billion raised over 33 rounds
- 11 M&A events
May's funding round breakdown
May's funding rounds and mergers & acquisitions
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Lead Investor | Market Segment |
| DeepKeep | Seed | $10,000,000 | AWZ Ventures | AI/LLM |
| Apex | Seed | $7,000,000 | Sequoia | GRC |
| Insane Cyber | Seed | $4,200,000 | Paladin Capital Group | OT/ICS |
| Anetac | Seed | $16,000,000 | Liberty Global | Identity |
| Mimic | Seed | $27,000,000 | Ballistic Ventures | Detection/Response |
| RunReveal | Seed | $2,500,000 | Costanoa Ventures | SIEM |
| Baselayer | Seed | $6,500,000 | Torch Capital | Fraud |
| Teleskope | Seed | $5,000,000 | Primary Venture Partners | Data |
| Blackwell Security | Seed | $13,000,000 | General Catalyst | XDR |
| Nudge Security | Seed | $9,500,000 | Forgepoint Capital | GRC |
| Niobium | Seed | $5,500,000 | Fusion Fund | Data |
| Token Security | Seed | $7,000,000 | TLV Partners | Identity |
| CyWreck | Seed | $2,000,000 | Angel | PenTesting |
| HoundDog.ai | Seed | $3,100,000 | E14 | Data |
| Averlon | Seed | $8,000,000 | Voyager Capital | Vulnerability |
| Userfront | Seed | $5,300,000 | Heavybit | Identity |
| Metatate | Seed | $1,100,000 | Undisclosed | Data |
| Zendata | Seed | $2,000,000 | PayPal Ventures | Data |
| Anapaya | Funding | $11,000,000 | Cape Capital | Data |
| Seamfix | Funding | $4,500,000 | Alitheia IDF | Identity |
| ActiveNav | Funding | $8,025,000 | Gresham House Ventures | Data |
| Idfy | Funding | $10,800,000 | IndiaMART | Identity |
| Aikido Security | Funding, A | $17,000,000 | Singular | AppSec |
| Oasis Security | Funding, A | $35,000,000 | Cyberstarts | Identity |
| LayerX | Funding, A | $26,000,000 | Glilot Capital Partners | Browser |
| TXOne Networks | Funding, B | $51,000,000 | Taiwania Capital | OT/ICS |
| Bolster AI | Funding, B | $14,000,000 | M12 | |
| SOCRadar | Funding, B | $25,200,000 | PeakSpan Capital | Threat Intel |
| Lumos | Funding, B | $35,000,000 | Scale Venture Partners | Identity |
| Transcend | Funding, B | $40,000,000 | StepStone Group | Data |
| StrongDM | Funding, C | $34,000,000 | Anchor Capital | Identity |
| Wiz | Funding, E | $1,000,000,000 | Andreesen Horowitz | Cloud |
| TraceableAI | Growth Funding | $30,000,000 | Sorenson Ventures | API |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Cyborg Security | Acquisition | Intel 471 | Undisclosed | Threat Intel |
| BioCatch | Acquisition | Permira | Undisclosed | Fraud |
| Noname Security | Acquisition | Akamai | $450,000,000 | API |
| Vumetric Cybersecurity | Acquisition | Telus | Undisclosed | PenTesting |
| QRadar via IBM | Acquisition | Palo Alto Networks | Undisclosed | SIEM |
| Venafi | Acquisition | CyberArk | $1,540,000,000 | Identity |
| Simpluris | Acquisition | CyEx | Undisclosed | Security Services |
| Informer | Acquisition | Bugcrowd | Undisclosed | Vulnerability |
| Pillr | Acquisition | OpenText | Undisclosed | Detection/Response |
| AuditBoard | Acquisition | Hg | $3,000,000,000 | GRC |
| Exabeam | Merger | LogRhythm | Undisclosed | SIEM |
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.
