At a glance.
- SentinelOne acquires Krebs Stamos Group.
- Radiant Security raises $15 million.
- RADICL secures an additional $9 million.
Mergers and acquisitions.
SentinelOne has acquired advisory firm Krebs Stamos Group (KSG) to launch PinnacleOne, a strategic risk analysis and advisory group that will be led by former CISA director Christopher Krebs and former Facebook CISO Alex Stamos. Krebs will serve as SentinelOne's Chief Intelligence and Public Policy Officer and President of PinnacleOne, while Stamos will serve as SentinelOne's Chief Trust Officer. The company stated, "Under the leadership of Krebs and Stamos, PinnacleOne will operate as a strategic advisory group, as well as a think tank for hire, helping customers understand who’s targeting them and what they’re after, what their true digital footprint is, how strong their security posture is, and what they need to do to live up to their security responsibilities. Moreover, PinnacleOne can help executives navigate the ever-evolving regulatory landscape and maintain sound security strategies that enable them to succeed in the modern threat environment."
Investments and exits.
AI-enhanced security operations solutions company Radiant Security has raised $15 million in a Series A round led by Next47, with participation from General Advance and existing investors Lightspeed Venture Partners, Acrew Capital, Uncorrelated Ventures, and Jibe Ventures. Shahar Ben-Hador, Radiant Security's CEO and co-founder, stated, "This influx of capital will enable Radiant Security to push forward its innovation and further develop cutting-edge technologies. We plan to expand our engineering and go-to-market capacity to bolster our position as a frontrunner in the rapidly-emerging AI-enhanced security operations market."
Extended threat protection platform provider RADICL has raised an additional $9 million in early-stage funding, bringing the company's total funding to $12 million. The new funding was led by Paladin Capital Group, with participation from Access Ventures, the DA Ventures Seed Fund (a Denver Angels affiliate), and a group of strategic angel investors. The company says the funding "will be used to expand platform R&D, build sales and marketing functions, and enable the upcoming commercial launch of RADICL XTP."
Canadian attack surface management firm Cavelo has raised CAD$5 million (USD$3.6 million) in a seed funding round led by Inovia Capital, with participation from existing investors including Graphite Ventures. The company says the funding "will support continued platform development, and sales and marketing efforts to meet growing customer demand across North America."
1touch.io has appointed Ashish Gupta as CEO and President. The company's former CEO and co-founder Zak Rubinstein will serve as Chief Business and Strategy Officer.
True Anomaly has named Diana Lovati as Chief Information Security Officer.
Infosec Institute has appointed Bret Fund as Senior Vice President and General Manager.
Cyolo has promoted Joe O’Donnell to Executive Vice President of Corporate Development.
Exabeam has appointed Steve Wilson as Chief Product Officer.
Adlumin has hired Jessvin Thomas as Chief Product Officer.
Securonix has appointed Mark Stevens as Vice President of Strategic Alliances.
CyberArk has added Mary Yang to its board of directors.