At a glance.
- Bastille Networks raises $44 million.
- Oasis Security emerges from stealth with $40 million.
Mergers and acquisitions.
Arkansas-based Staley Technologies has acquired the cybersecurity services division of Oklahoma-headquartered HoganTaylor Technology. Staley said in a press release, "This acquisition creates enhanced cybersecurity services and an end-to-end solution for both entities' managed services provider clients in need of network infrastructure design, installation, and ongoing maintenance."
Investments and exits.
Santa Cruz, California-based wireless threat intelligence company Bastille Networks has raised $44 million in a Series C round led by Goldman Sachs Asset Management, with participation from existing investor Bessemer Venture Partners. The company says the funding "will be used to support the company's high growth and expand into new markets." Zartasha Chaudhry from Goldman Sachs will join Bastille’s board of directors.
Israeli non-human identity management startup Oasis Security emerged from stealth today with a total of $40 million in funding led by Sequoia Capital, with participation from Accel, Cyberstarts, and Maple Capital. The company raised $5 million in seed funding and $35 million in a Series A round.
Israeli generative AI security startup Aim Security has raised $10 million in a seed funding round led by YL Ventures, with participation from Cyber Club London (CCL), the founders of WIZ, and angel investors from Google, Proofpoint, and Palo Alto Networks.
New York-based p0, a company that uses Large Language Models (LLMs) to flag software security issues, has emerged from stealth with $6.5m in seed funding from Lightspeed Venture Partners, with participation from Alchemy Ventures. The company says it "will use the capital to develop its product further, as it seeks to gain adoption from more users and build its team further."
Executive moves.
NuHarbor Security has added Tim Woodbury as Vice President of Government Affairs.
Orange Cyberdefense South Africa has appointed Demetri Petropoulos as Chief Sales Officer, ITWeb reports.
Dragos has added Bill Fehrman and Ekta Singh-Bushell to its board of directors.
Two Six Technologies has added Teresa Shea to its board of directors.