November's cyber security vendor transaction highlights
- 46 total funding and M&A transactions
- $1.3 Billion raised over 41 rounds
- 5 M&A events
Crunching the Numbers
- The $1.3 Billion raised in November 2025 represents an 82% increase in funding raised when compared to November 2024.
- 41 funding rounds were tracked in November ’25 compared to 22 in November, ’24.
- Early-stage funding (Seed, Series-A) represents 63% of all November 2025 funding rounds recorded.
- One round of funding >$100 Million was recorded accounting for 33% of all November funding dollars.
- YTD vendors raised $12 Billion, a 30% increase over the same period in 2024.
November's funding round breakdown
Funding
M&A
Funding
| Vendor | Activity Type | Financials | Lead Investor | Market Segment |
| Malanta | Seed | $10,000,000 | Cardumen Capital | Detection/Response |
| AI Score | Seed | $1,000,000 | Undisclosed | GRC |
| Tenzai | Seed | $75,000,000 | Greylock Partners | AppSec |
| Self | Seed | $9,000,000 | Greenfield Capital | Identity |
| Mate | Seed | $15,500,000 | Team8 | Automation |
| Seezo | Seed | $7,000,000 | Accel | AppSec |
| Falkin | Seed | $2,000,000 | TriplePoint Ventures | Fraud |
| Secure.com | Seed | $4,500,000 | Disrupt.com | Automation |
| Blast Security | Seed | $10,000,000 | 10D | Cloud |
| Runlayer | Seed | $11,000,000 | Khosla Ventures | AI/LLM |
| Opti | Seed | $20,000,000 | YL Ventures | Identity |
| SubImage | Seed | $4,200,000 | FundersClub | Vulnerability |
| Social Links | Seed | $3,000,000 | Yellow Rocks! | OSINT |
| Armis | Funding | $435,000,000 | Goldman Sachs Alternatives | IoT |
| Oleria | Funding | $19,000,000 | Undisclosed | Identity |
| iVerify | Funding | $12,326,000 | Undisclosed | Endpoint |
| FireTail | Funding | $5,000,000 | Paladin Capital Group | API |
| AiStrike | Funding | $5,150,000 | Undisclosed | Automation |
| TMD ID | Funding | $39,427,000 | BGF | Fraud |
| Orion | Funding | $3,500,000 | Dynamo Ventures | OSINT |
| Codenotary | Funding | $16,500,000 | Undisclosed | AppSec |
| Vijil | Funding | $17,000,000 | Brightmind Partners | GRC |
| Teleskope | Funding, A | $25,000,000 | M13 | Data |
| Daylight | Funding, A | $33,000,000 | Craft Ventures | Detection/Response |
| Portal26 | Funding, A | $9,000,000 | Shasta Ventures | GRC |
| Truffle Security | Funding, A | $25,000,000 | Intel Capital Group | Vulnerability |
| Humanix Security | Funding, A | $18,000,000 | Acrew Capital | Social Engineering |
| Nudge Security | Funding, A | $22,500,000 | Cerberus Ventures | GRC |
| Method Security | Funding, A | $26,000,000 | Andreesen Horowitz | Vulnerability |
| Bedrock Data | Funding, A | $25,000,000 | Greylock Partners | Data |
| Twenty | Funding, A | $38,000,000 | Caffeinated Capital | Offensive Cyber |
| Feroot | Funding, A | $14,000,000 | True Ventures | Web Application Security |
| Augmentt | Funding, A | $12,766,000 | Camber Partners | Automation |
| Clover Security | Funding, A | $36,000,000 | Notable Capital | AppSec |
| NetFoundry | Funding, A | $15,000,000 | SYN Ventures | Network Security |
| Flare | Funding, B | $15,000,000 | Inovia Capital | OSINT |
| Sweet Security | Funding, B | $75,000,000 | Evolution Equity Partners | Detection/Response |
| Apono | Funding, B | $34,000,000 | US Venture Partners | Identity |
| Guardio | Funding, B | $80,000,000 | ION Crossover Partners | Browser |
| Doppel | Funding, C | $70,000,000 | Bessemer | OSINT |
| Flare | Debt Funding | $15,000,000 | N/A | OSINT |
M&A
| Vendor | Activity Type | Acquiring Company | Financials | Market Segment |
| Ruptura | Acquisition | Saepio | Undisclosed | PenTesting |
| Mayhem (ForAllSecure) | Acquisition | Bugcrowd | Undisclosed | AppSec |
| SplxAI | Acquisition | Zcaler | Undisclosed | Vulnerability |
| Balbix | Acquisition | Safe Securities | Undisclosed | Ratings |
| Chronosphere | Acquisition | Palo Alto Networks | $3,335,000,000 | Data |
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.