At a glance.
- Cofense acquires Cyberfish.
- Darktrace prepares for IPO.
- WhiteSource raises $75 million.
Mergers and acquisitions.
Leesburg, Virginia-based phishing detection and response company Cofense has acquired Israeli email security company Cyberfish. Cofense stated, "Cyberfish’s technology, which can be installed in less than one minute to enable real-time phishing protection, will be immediately deployed as part of the Cofense Managed PDR service and available to global MSP partners."
Investments and exits.
Darktrace is expected to announce its intention to float in the coming days, Sky News reports. The company is seeking a £3 billion (US$4.1 billion) listing on the London Stock Exchange, and sources told Sky that the company is "confident" that shares will begin trading around the end of April.
WhiteSource, an open source security management company headquartered in Tel Aviv and Boston, has raised $75 million in a Series D round led by Pitango Growth, with participation from existing investors M12, Susquehanna Growth Equity, and 83North. Crunchbase News says WhiteSource "plans to use the new funding to expand its offerings and capabilities to reach beyond the open source code it currently secures and move into finding vulnerabilities in the proprietary code."
Reston, Virginia-based threat intelligence company ThreatQuotient has raised $22.5 million in funding from an investment syndicate that includes New Enterprise Associates (NEA), Adams Street Partners, Escalate Capital, Blu Ventures, Cisco Investments, and Gaingels. The company says it "plans to leverage this financing to accelerate execution of new innovations currently in development."
San Francisco-based synthetic data technology company Synthesis AI has emerged from stealth with an additional $4.5 million in funding from existing investors Bee Partners, PJC, iRobot Ventures, Swift Ventures, Boom Capital, Kubera VC, and Leta Capital. Synthesis AI stated, "The new capital will allow Synthesis AI to add to its world-class R&D teams and continue leading the industry in the development of synthetic data technologies." The company added, "In addition to securing new funds, Synthesis AI is also launching their FaceAPI product, enabling the on-demand generation of millions of perfectly labeled human images to train more capable computer vision models."
Clinton, New Jersey-based data protection company Calamu has secured $2.4 million in an oversubscribed seed round. The company stated, "Joining the Board of Directors as investors in the round are Lou Ryan, a serial cybersecurity entrepreneur and former CEO & Chairman of Edgewave, and John N. Stewart, former SVP, Chief Security & Trust Officer, Cisco Systems, Inc. The impressive list of Advisors includes Robin Matlock, former CMO of VMware, David Schneider, former President of ServiceNow and previously of EmC, David K. Holland, former SVP & Treasurer of Cisco Systems and previously of Apple, and Marla Crawford, General Counsel of Compliance and previously of Goldman Sachs."
NTT Security's CEO Matt Gyde has stepped down, telling CRN, "I thought it was time for the organization to have some different eyes in the security business. I felt as if I had done what I could do for the organization, and I felt it was time for something new."
Splunk has appointed Teresa Carlson as President and Chief Growth Officer, effective April 19, 2021. Carlson spent the past ten years at Amazon Web Services, where she served as Vice President, Worldwide Public Sector and Industries.
MITRE has appointed Dana Jackson as Senior Vice President and General Manager for MITRE National Security, according to Help Net Security. Jackson previously served as Vice President of Supply Chain and Program Performance at Lockheed Martin.
ThetaRay has appointed Dagan Osovlansky as Chief Product Officer. Osovlansky previously spent fifteen years at Fundtech (now known as Finastra), most recently as Head Of Product Management, Payments Solutions.
The American Bankers Association (ABA) has appointed Paul Benda as Senior Vice President for Operational Risk and Cybersecurity. Benda previously served as the ABA's Senior Vice President of Risk and Cybersecurity Policy.
ReliaQuest has added Kara Wilson to its board of directors and hired Alex Bender as its Chief Marketing Officer. Wilson serves as a Senior Advisor at KKR & Co, and serves on the boards of Paychex, KnowBe4, OneStream, and OutSystems. Bender most recently served as SVP of Global Marketing at Mimecast.
ReliaQuest has also hired former professional baseball player Derin McMains as Director of Mental Conditioning.