At a glance.
- OneTrust acquires Integris.
- Tanium receives $100 million investment from Salesforce.
- Zoom hires Jason Lee as CISO.
Mergers and acquisitions.
Atlanta, Georgia-based privacy management and compliance firm OneTrust has acquired Seattle-based data discovery startup Integris Software for an undisclosed amount. OneTrust's CEO Kabir Barday stated, "After evaluating dozens of discovery technologies, we identified Integris Software as having best in class technology and team that will combine with OneTrust to accelerate our innovation and benefit our customers." According to GeekWire, OneTrust has already integrated Integris's tool into its OneTrust DataDiscovery service.
Apple has acquired San Francisco-based Apple device management company Fleetsmith for an undisclosed amount, SecurityWeek reports. Apple hasn't commented on the purchase, but Fleetsmith said, "We’re thrilled to join Apple. Our shared values of putting the customer at the center of everything we do without sacrificing privacy and security, means we can truly meet our mission, delivering Fleetsmith to businesses and institutions of all sizes, around the world....We look forward to continuing to deliver Fleetsmith to existing and new customers."
Minnesota-based IT management company HelpSystems has acquired Canadian data protection firm Titus and UK-based data classification and secure messaging company Boldon James. ShareCast says HelpSystems purchased Boldon James from QinetiQ for £30 million (US$37 million). HelpSystems stated, "Adding these outstanding companies to HelpSystems’ security portfolio establishes the leading platform in data classification and meets customers’ needs for a comprehensive, powerful suite of data security options."
German industrial manufacturing giant Siemens has agreed to acquire UK-based system-on-chip (SoC) cybersecurity company UltraSoC for an undisclosed amount. Siemens says it "plans to integrate UltraSoC's technology into the Xcelerator portfolio as part of Mentor's Tessent™ software product suite. The addition of UltraSoC to Siemens enables a unified data-driven infrastructure that can enhance product quality, safety and cybersecurity, and the creation of a comprehensive solution to help semiconductor industry customers overcome key pain points including manufacturing defects, software and hardware bugs, device early-failure and wear-out, functional safety, and malicious attacks."
Investments and exits.
Salesforce's venture capital arm has invested approximately $100 million into Emeryville, California-based endpoint security and systems management firm Tanium, bringing the company's valuation to $9 billion, CNBC reports. Tanium will use the investment "to accelerate the partnership and strengthen Tanium’s market leadership in unified endpoint management and security."
Redwood City, California-based phishing prevention company Area 1 Security has raised $25 Million in a Series D round led by ForgePoint Capital, with participation from existing investors Kleiner Perkins, Icon Ventures, and Top Tier Capital. Patrick Sweeney, formerly CEO of Talari Networks, has joined Area 1 as CEO. The company says the new funding "will continue the company's heavy product R&D investment, and significantly expand its go-to-market resources with a specific focus on an aggressive multi-tier channel strategy."
Tel Aviv-based breach protection firm Cynet has raised $18 million in a Series B round led by BlueRed Partners, with participation from Deutsche Telekom, Merlin International, and existing investors Norwest Venture Partners and Ibex Investors. The company says it will use the funding "to reach the cybersecurity company’s three main growth objectives. The geographical objective is to fuel Cynet's high velocity growth in the U.S. and international markets. The investment will also enable the autonomous breach protection pioneer’s engineering workforce to maintain its technological edge, and to further develop the company’s CyOps team so they can continue to provide critical customer support amidst increasingly complex cyber threats."
Tel Aviv-based autonomous threat hunting firm Hunters has raised $15 million in a Series A round led by M12 and USVP, with participation from YL Ventures, Blumberg Captial, and Okta Ventures. The company will use the funding "to deepen its ongoing ML R&D and further enable customers to extend threat detection with best-of-breed security components."
France-based business-to-consumer privacy app Jumbo Privacy has raised $8 million in a Series A round led by Balderton Capital. Jumbo says "[t]his funding gives us until February 2022 before we run out of money, and our goal is to be profitable before then. We need approximately 100,000 Jumbo customers to build a sustainable business."
Belgium-based bug bounty platform and ethical hacking firm Intigriti has raised €4 million (US$4.5 million) in a Series A round led by ETF Partners, EU-Startups reports. The company will use the investment "to strengthen the hacker-powered security platform’s key position in Europe and internationally, as well as to develop specific programmes for companies delivering sustainable solutions."
Zoom has hired Jason Lee as its Chief Information Security Officer, CNBC reports. Lee most recently served as Senior Vice President of Security Operations at Salesforce, and before that he was Microsoft's Principal Director of Security Engineering.
Awake Security has added four private and public sector cybersecurity leaders its board of advisors: "Richard Clarke, a leading global expert on national and cyber security; Malcolm Harkins, former chief security and privacy officer at Intel; Elena Kvochko, former security leader at Bank of America and Barclays; and DJ Patil, former United States chief data scientist."
ReliaQuest has hired Erin Sweeney as Vice President of Product Marketing and Jim Galley as Vice President of Business Development. Sweeney spent eleven years at Splunk, where she most recently served as Senior Director of Industry and Solutions Marketing. Galley most recently served as Director of Business Development at Netflix.
SentinelOne has hired Chuck Fontana as Senior Vice President of Corporate and Business Development, Help Net Security reports. Fontana was previously Vice President of Strategic Partnerships and Integrations at Okta.
Security companies in the news.
Arizona-based cybersecurity consultancy Cerberus Cyber Sentinel Corporation began trading publicly on Friday under the OTC ticker symbol "CISO." The company "went public through the direct registration process, which it believes is an efficient way to access the public markets that does not require an investment bank."
The Motley Fool observes that Microsoft's recent acquisition of CyberX provides more evidence that Redmond is "quietly becoming a cybersecurity powerhouse."