At a glance.
- Forescout acquires CyberMDX.
- Veriff raises $100 million.
Mergers and acquisitions.
San Jose, California-based Forescout has acquired New York City-based healthcare cybersecurity company CyberMDX. Forescout stated, "The acquisition further strengthens Forescout’s position as the industry leader in out-of-the-box support for the broadest set of connected device types across IT, IoT, OT and IoMT devices."
Boston-based education technology company Cengage Group has agreed to acquire Madison, Wisconsin-based cybersecurity education provider Infosec for $190.8 million. The company said, "With this acquisition, Cengage Group will expand into the cybersecurity professional training market and meaningfully increase the size of its rapidly growing Workforce Skills business. The transaction is expected to close in the first calendar quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals."
Reston, Virginia-headquartered CACI International has acquired Ashburn, Virginia-based Federal IT solutions provider ID Technologies. CACI stated, "The acquisition of ID Technologies expands CACI's secure network modernization capabilities with CSfC software equipping U.S. Government workers with modern devices to operate virtually anywhere within essential systems that are vital to national security. Additionally, CACI will leverage ID Technologies’ capabilities in product and engineering solutions to deliver cloud, network, and end-user initiatives to customers."
Investments and exits.
New York-based global identity verification provider Veriff has raised $100 million in a Series C round led by Tiger Global and Alkeon, with participation from existing investors IVP and Accel. The company stated, "The new financing will be used to accelerate Veriff's global growth and invest in R&D, especially to advance product expansion. The company will also grow its sales and marketing teams to onboard more global clients and build on recent customer success programs. In addition, Veriff will expand its global workforce, 360 strong today and made up of 46 different nationalities and counting."
Boise, Idaho-based purple-teaming platform provider PlexTrac has raised $70 million in a Series B round led by Insight Partners, with participation from existing investors Madrona Venture Group, Noro-Moseley Partners, and StageDotO Ventures. The company says the funding "will be used to accelerate this trajectory by expanding market reach and increasing brand awareness, while doubling headcount and propelling the product roadmap forward."
San Francisco-headquartered bug bounty platform provider HackerOne has raised $49 million in a Series E round led by GP Bullhound, with participation from existing investors Benchmark, NEA, Dragoneer Investment Group, and Valor Equity Partners. The company says it "plans to use the funding to invest in research and development and expand go-to-market activities."
Michigan-based attack surface management company Censys has raised $35 million in a Series B round led by Intel Capital, with participation from existing investors Google Ventures, Decibel, and Greylock Partners. The company stated, "With this funding, Censys will continue to accelerate its R&D, engineering, product and sales operations. In addition, Brad Brooks, former CEO of OneLogin, has been appointed the company's new chief executive officer to help accelerate the next phase of the company's growth and product development."
Boston-headquartered cloud-native application security company Slim.AI has raised $31 million in a Series A round led by Insight Partners and StepStone Group, with participation from Boldstart Ventures, Decibel Partners, FXP, Knollwood and TechAviv Founder Partners.
Israeli network and endpoint security firm Portnox has raised $22 million in a Series A round led by Elsewhere Partners. The company stated, "Under the leadership of recently appointed CEO Denny LeCompte, an accomplished technology veteran and Elsewhere Partners operating advisor, Portnox plans to use the capital to substantially expand its team and speed global market penetration with a focus on mid-market organizations after establishing its new global headquarters in Austin, Texas. The primary focus for the North American expansion will be building out the operations, sales, marketing and customer success teams."
Tel Aviv-based software supply chain security company Scribe Security has raised $7 million in a seed funding round led by Elron Ventures, with participation from Tal Ventures, YYM Ventures, and others, SecurityWeek reports.
New York-based anti-phishing startup Pixm has raised $4.3 million in an oversubscribed seed funding round led by Gula Tech Adventures, with participation from First In, AIM13 – Crumpton Ventures Partnership, Chaac Ventures, and Precursor Ventures.
Bret Laughlin, founder and former CEO of Braintrace, has founded Ostrich Cyber-Risk and will serve as the company's CEO.
Companies in the news.
There's more rebranding this week in the cyber sector. Update your scorecards.
ThycoticCentrify has rebranded as Delinea. The company stated, "Backed by TPG Capital, Delinea was formed in April 2021 through the merger of established PAM leaders Thycotic and Centrify. Delinea's new brand identity underscores its significant progress as a combined company and renewed commitment to providing comprehensive, cloud-ready solutions that put privileged access at the center of cybersecurity."
Nova Scotia-based data privacy management platform provider Securicy has rebranded as Carbide. The company has also appointed Katherine Isaac as VP of Customer Success, Denise Schroeder as VP of Product Innovation, and Kaleigh Tait as Vice President of Marketing.