At a glance.
- Armis acquires Silk Security.
- Cohesity secures $150 million in Series F round.
- Onum raises $28 million in Series A funding.
Mergers and acquisitions.
San Francisco-based asset intelligence cybersecurity company Armis has acquired cyber risk prioritization platform provider Silk Security for $150 million. Armis says it "will integrate the Silk Platform into the Armis Centrix™ AI based Vulnerability Prioritization and Remediation solution to supercharge its capabilities and now be able to provide security teams with a consolidated view of security findings that encompass all sources of data from on-prem devices to cloud compute, code, and application security tools, and fully manage and automate remediation."
Kansas City-headquartered cybersecurity services provider Cyderes has acquired Canadian identity and access management company Ipseity Security. Cyderes founder and CEO Robert Herjavec stated, "This acquisition is very exciting for us and more importantly, for our customers. It deepens our expertise in Cloud Identity, Access Governance, and Privileged Access Management while allowing for further expansion of our services within the full IAM ecosystem and continues to enhance our ability to excel in complex multi-technology enterprise environments. Ipseity’s world-class engineering team is innovative and customer-centric – and that aligns with who we are as a company."
Investments and exits.
San Jose, California-based data security company Cohesity has completed its $150 million Series F round with participation from IBM and Nvidia Corp., SiliconAngle reports. Sanjay Poonen, CEO and President of Cohesity, said in a press release, "IBM is a powerful partner in the enterprise cloud and IT infrastructure market. They bring decades of expertise to our relationship, in addition to their investment in our business to help fund incremental research and development to offer customers even stronger cyber resilience."
Spanish security analytics firm Onum has secured $28 million in a Series A round led by Dawn Capital, with participation from Kibo Ventures and Insight Partners. The company says it "will use this funding to make key strategic hires and push into the U.S. market."
Washinton, DC-based brand protection and disinformation mitigation platform provider Alethea has raised $20 million in a Series B round led by Google Ventures, with participation from Hakluyt Capital and existing investor Ballistic Ventures. The company says the funding "will allow Alethea to scale sales and marketing efforts to bring its solutions to every organization or company with an online presence, grow the team to bring on new functions and expand existing functions, and enhance Artemis’ features and capabilities to provide tailored solutions that address evolving customer challenges."
Andesite AI, a McLean, Virginia-based security posture management firm co-developed by Red Cell Partners and General Catalyst, has emerged from stealth with $15.25 million in seed funding.
Dallas-based AI security command platform provider StrikeReady has raised $12 million in a Series A round led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital, and angel investors. The company says it "intends to use its new funding to extend its product leadership in AI-based SOC technology, ramp its global go-to-market team, and continue scaling its infrastructure."
Mountain View, California-based cybersecurity workflow automation company Simbian has emerged from stealth with $10 million in an oversubscribed seed funding round from Cota Capital, Icon Ventures, Firebolt, and Rain Capital.
Israeli application detection and response startup Miggo Security has raised $7.5 million in a seed funding round led by YL Ventures, with participation from Cyber Club London. SecurityWeek says the funding "will be used to further expand Miggo’s R&D team and grow its reach into the US market."
Israeli identity and access management firm Knostic has emerged from stealth with $3.3 million in pre-seed funding from Shield Capital, Pitango VC, DNX Ventures, Seedcamp, and angel investors. The company has also been named one of the three finalists in the RSAC Launch Pad 2024 competition.
Executive moves.
Standard Chartered has hired Cheri McGuire as its new CISO.
Cyware has appointed Stephan Tallent as the new head of its Managed Security Service Providers (MSSP) Program.
DigiCert has named Atri Chatterjee as Chief Marketing Officer.