At a glance.
- Okta acquires atSpoke.
- Corelight raises $75 million in Series D round.
Mergers and acquisitions.
San Francisco-based identity and access management company Okta has acquired workplace operations platform atSpoke (also based in San Francisco), CRN reports. CRN says atSpoke will "serve as a building block for [Okta's] upcoming identity governance and administration (IGA) offering."
Chicago-based private equity firm High Street Capital has acquired a controlling share in Tyson's Corner-based managed services provider NeoSystems. The company stated, "With investment from High Street Capital, NeoSystems plans to bolster its resources including expanding and deepening its capabilities, adding to its customer support staff, launching new products, broadening its channel offerings, and expanding its workforce to better meet growing client demand for its services."
Atos has completed its acquisition of German cryptography company cryptovision. Atos stated, "In addition to bringing new technical capabilities and cybersecurity products to the Group’s portfolio, the acquisition will enable Atos to expand its business in the public sector and defense market in Europe, to strengthen its position in global government eID initiatives, and to grow its footprint in emerging IoT markets."
Investments and exits.
San Francisco-based network detection and response company Corelight has raised $75 million in a Series D round led by Energy Impact Partners, with participation from H.I.G. Growth Partners, existing investors Accel, General Catalyst, Insight Partners, and Osage University Partners, and strategic investments from Capital One Ventures, CrowdStrike Falcon Fund, and Gaingels. The company stated that the investment will fuel "acceleration of both global market presence and development of new data and cloud offerings."
Palo Alto, California-based ad fraud prevention company Pixalate has raised $18.1 million in additional growth capital from Western Technology Investment and existing investor Javelin Venture Partners. Jalal Nasir, founder and CEO of Pixalate, stated, "I’m thrilled to partner with WTI and Javelin Venture Partners as we enter the next phase of the company's growth. Pixalate is excited to expand its global footprint in EMEA and open a potential new office in Singapore."
Vancouver-based security orchestration, automation, and response (SOAR) provider D3 Security has raised $10 million in funding from Vistara Growth. The company added, "The $10M USD will be augmented by a $5M credit facility from a major financial institution, raising the total funding to $15M." D3 stated, "The investment from Vistara will enable D3 to continue to innovate through product development, scale to support its rapidly growing base of clients and partners, and greatly expand sales and marketing efforts to capture the global demand for SOAR."
AnaCap Financial Partners has announced a majority investment in German digital identification company WebID. AnaCap stated that it "will provide significant growth capital and partner with the founders and existing management team to extend WebID’s product offering to other industries outside of the core financial services and telecoms space where it has a market leading position, such as eGovernment, eHealth, eCommerce and eMobility as well as support inorganic growth through future acquisitions."
Thoma Bravo has announced that it will make a strategic growth investment in Texas-based cybercrime intelligence firm Intel 471. Thoma Bravo stated, "The operational and financial resources from Thoma Bravo are expected to help the business continue to evolve its product suite, broaden its go-to-market strategy and continue to aggressively pursue innovation to best deliver security solutions for new and existing customers."
New York-headquartered privacy-preserving machine learning company Inpher has received a strategic investment from Swisscom Ventures "to fuel growth and partnership for market acceleration in telecommunications, finance and healthcare."
Research and development.
The University of Maryland (UMD) has announced the formation of a major quantum computing center, the National Quantum Laboratory, at its College Park campus, Maryland Today reports. Its industry partner is IonQ. "UMD-affiliated students, faculty, researchers, staff and partners across the country will have an unprecedented opportunity to gain experience with IonQ’s industry-leading trapped-ion quantum computer hardware and collaborate with IonQ scientists and engineers," Maryland Today explains.
“No other university in the United States is able to provide students and researchers this level of hands-on contact with commercial-grade quantum computing technology and insights from experts working in this emerging field,” said University of Maryland President Darryll J. Pines. “We could not be more proud of IonQ’s success and we are excited to establish this strategic partnership, further solidifying UMD and the surrounding region as the quantum capital of the world.” IonQ president and CEO Peter Chapman is also pleased by the relationship. “We are very proud that the nation’s leading center of academic excellence in quantum research chose IonQ’s hardware for this trailblazing partnership,” he said. “UMD has been at the vanguard of this field since quantum computing was in its infancy, and has been a true partner to IonQ as we step out of the lab and into commerce, industry and the public markets.”
SANS Technology Institute has named Ed Skoudis as its new president.
Onapsis has appointed Rick Hanson as its Chief Operating Officer. Hanson previously served as Chief Revenue Officer at Brightcove.
Cymulate has hired Andrew Barnett as Chief Strategy Officer. Barnett previously served as Vice President of Strategic Alliances and Service Integrators at Qualys.
Orca Security has appointed Andy Ellis as an advisory CISO. Ellis will remain an operating partner at YL Ventures.
Veritas Technologies has appointed Brian Hamel as Executive Vice President of Worldwide Field Operations. Hamel previously served at Oracle as Senior Vice President, Cloud Business Group.
Ping Identity has appointed Robert Cipriani as its channel manager for Australia and New Zealand, CRN reports.
MOXFIVE has hired Jeff Palatt as Vice President of Technical Advisory Services. Palatt previously served as the Director of Cyber Defense and Incident Response at RSA Security.
Checkmarx has appointed Razi Sharir as Chief Product Officer. Sharir previously served as Vice President of Product Management at Tableau Software.
Very Good Security (VGS) has hired Chandar Venkataraman as Chief Product Officer. Venkataraman previously served as Executive Vice President and Chief Product Officer at Mattermost.
Corelight has hired Clint Sand as Senior Vice President of Product. Sand previously served as VP of Product for Malwarebytes and NortonLifeLock.
Zscaler has added Eileen Naughton to its board of directors. Naughton most recently served as Chief People Officer and Vice President of People Operations at Google.
Phylum has added Dan Burns to its Board of Directors. Burns most recently served as the co-founder and CEO of Optiv.