November's cyber security vendor transaction highlights
- 30 total funding and M&A transactions
- $722 Million raised over 22 rounds
- 9 M&A events
Crunching the Numbers
- The $722 Million raised in November 2024 represents a 31% increase in funding raised when compared to November 2023.
- 22 funding rounds were tracked in November ’24 compared to 33 in November, ’23.
- Early-stage funding (Seed, Series-A) represents 64% of all November 2024 funding rounds recorded.
- Three rounds of funding accounted for 70% of all November funding dollars.
- YTD vendors raised $9.2 Billion, an 11% increase over the same period in 2023.
November's funding round breakdown

November's funding rounds and mergers & acquisitions
Funding
M&A
Funding
Vendor | Activity Type | Financials | Lead Investor | Market Segment |
Start Left Security | Seed | $1,350,000 | Undisclosed | AppSec |
Embed Security | Seed | $6,000,000 | Paladin Capital Group | Detection/Response |
Symbiotic Security | Seed | $3,000,000 | Lerer Hippeau | AppSec |
Corgea | Seed | $2,600,000 | Shorooq Partners | AppSec |
SurePathAI | Seed | $5,200,000 | Uncork Capital | AI/LLM |
Cyber Upgrade | Seed | $2,700,000 | Superhero Capital | GRC |
RIIG | Seed | $3,000,000 | Felton Group | OSINT |
Twine | Seed | $12,000,000 | Ten Eleven Ventures | Automation |
MirrorTab | Seed | $8,300,000 | Undisclosed | Browser |
VISO TRUST | Funding | $7,000,000 | Sierra Ventures | GRC |
AI SPERA | Funding | $8,550,000 | KB Investment | Threat Intel |
Noma | Funding, A | $32,000,000 | Ballistic Ventures | AppSec |
ZITADEL | Funding, A | $9,000,000 | Nexus Venture Partners | Identity |
Prompt Security | Funding, A | $18,000,000 | Jump Capital | AI/LLM |
Trustero | Funding, A | $10,400,000 | Bright Pixel | GRC |
Gray Market Labs | Funding, A | $8,000,000 | Capri Ventures | Identity |
Upwind | Funding, B | $100,000,000 | Craft Ventures | Cloud |
Riot | Funding, B | $27,600,000 | Undisclosed | Training |
Halcyon | Funding, C | $100,000,000 | Evolution Equity Partners | Detection/Response |
Cyera | Funding, D | $300,000,000 | Sapphire Ventures | AI/LLM |
Anitian | Funding, D | $7,000,000 | Sageview Capital | GRC |
Bugcrowd | Growth Funding | $50,000,000 | Silicon Valley Bank | PenTesting |
M&A
Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
Critical Insight | Acquisition | Lumifi | Undisclosed | Security Services |
Adaptive Shield | Acquisition | CrowdStrike | $300,000,000 | SaaS Security |
Cybersixgill | Acquisition | BitSight | $115,000,000 | Threat Intel |
VeriClouds | Acquisition | Enzotic | Undisclosed | Identity |
Dazz | Acquisition | Wiz | $450,000,000 | AppSec |
Adlumin | Acquisition | N-able | $266,000,000 | XDR |
Cloudrise | Acquisition | Exclusive Networks | Undisclosed | Security Services |
Cybereason | Merger | Trustwave | Undisclosed | 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.