At a glance.
- Mimecast acquires Aware.
- Kiteworks secures $456 million.
- Abnormal Security raises $250 million.
Mergers and acquisitions.
Massachusetts-based email security company Mimecast has acquired Ohio-headquartered AI collaboration security platform Aware. Mimecast says Aware's "advanced AI-powered capabilities strengthen Mimecast’s existing investments in AI models, providing state-of-the-art security and compliance for customers’ digital landscapes including impersonation detection across collaboration channels such as Zoom, expansion of Business Email Compromise (BEC) capabilities by incorporating multiple large language models, and enhancement of archiving capabilities to support multiple collaboration channels."
Las Vegas-headquartered critical infrastructure cybersecurity firm OPSWAT has acquired malware analysis platform provider InQuest. OPSWAT stated, "With this acquisition, OPSWAT will accelerate its go-to-market strategy for the federal market and enhance protection against network-based threats. By merging InQuest’s threat intelligence capabilities with OPSWAT MetaDefender Cloud and FileScan.io into a single repository, OPSWAT will significantly boost its intelligence capabilities. InQuest customers will also benefit from enhanced Network Detection and Response (NDR) with built-in integration with MetaDefender."
PKI and certificate management provider DigiCert has agreed to acquire DNS and DDoS protection firm Vercara. DigiCert stated, "By combining with Vercara, DigiCert will be positioned to provide customers with a unified DNS and certificate management experience, including more efficient domain control validation and simplified DNS configuration."
Investments and exits.
San Mateo, California-based secure content communications firm Kiteworks has raised $456 million in a growth equity investment from Insight Partners and Sixth Street Growth. Kiteworks CEO Jonathan Yaron stated, "This minority stake investment affirms Kiteworks’ role in providing a revolutionary solution to the world’s growing challenge of tracking and controlling sensitive data in motion and use. With recent groundbreaking innovations such as Next-Gen Digital Rights Management, combined with the growing industry and regulatory focus on tracking and controlling the data layer, the road to realizing our vision has never been clearer. We’re excited to accelerate our growth and continue innovating to meet the evolving needs of our customers with the support of Insight Partners and Sixth Street Growth."
San Francisco-based email security firm Abnormal Security has secured $250 million in a Series D round led by Wellington Management, with participation from existing investors Greylock Partners, Menlo Ventures, Insight Partners, and CrowdStrike Falcon Fund. The funding brings the company's valuation to $5.1 billion. Abnormal's CEO and co-founder Evan Reiser stated, "This funding allows us to further invest in our human behavior AI platform to protect more people across their everyday applications, while enabling customers to accelerate their AI initiatives with autonomous AI solutions."
Palo Alto, California-headquartered confidential computing platform provider Anjuna has raised $25 million in a Series B2 financing round led by M Ventures, SineWave Ventures, and AI Capital Partners, with participation from existing investors Founder Collective, Insight Partners, Playground Global, and Uncorrelated. The company says the "latest funding round will help Anjuna expand its AI-enabling enterprise offerings, highlighted by the launch of Anjuna Seaglass™ AI Clean Rooms, now available in private preview."
AI security startup Aurascape AI has secured $12.8 million in seed funding led by Mayfield Fund, with participation from Celesta Capital, StepStone Group, AISpace, and angel investors. The company says the funding "will bolster Aurascape AI’s product development efforts and support its go-to-market plans."
Executive moves.
Keeper Security has named Paul Aronhime as Senior Vice President of the Federal Sector.
Lumen has hired Josh Finke as Senior Vice President of Public Sector.
Ameris Bank has appointed Jorge Perez as Corporate Information Security Officer.
Tenable has appointed Shai Morag as Chief Product Officer.