At a glance.
- Tufin acquires AKIPS.
- Clumio raises $75 million in Series D round.
Mergers and acquisitions.
Boston-headquartered network and cloud security policy automation company Tufin has acquired Australian network monitoring software provider AKIPS. Tufin stated, "The addition of AKIPS supports Tufin’s mission to empower network teams with end-to-end visibility, actionable insights, continuous compliance, and best-in-class automation, accelerating the secure deployment of critical business applications that drive growth and directly impact revenue."
San Francisco-based cyber risk management firm Resilience has acquired incident response firm BreachQuest. Resilience says "[t]he integration aims to bolster incident response mechanisms against Business Email Compromise (BEC) attacks, a rapidly growing concern within the digital domain."
San Francisco-headquartered privileged access management company Delinea has agreed to acquire identity governance and administration firm Fastpath. Delinea stated, "The integration of Fastpath into the Delinea Platform enhances our ability to offer a comprehensive centralized AI-driven authorization security platform, making Delinea the definitive source for managing authorization and enforcing least privilege across infrastructure, applications, and data."
Canadian password manager 1Password has acquired device health and contextual access management company Kolide. The company stated, "With this acquisition, 1Password builds on its strength of enlisting employees in closing access security gaps and advances its mission of building a safer, more secure future for businesses of all sizes. The entire Kolide team will join 1Password as part of the acquisition."
Investments and exits.
Data backup and recovery firm Clumio has raised $75 million in a Series D round led by Sutter Hill Ventures, with participation from NewView Capital and existing investors Index Ventures and Altimeter Capital. The company says the funding "will be used to accelerate the company’s innovation and go-to-market in radically simplifying backup and recovery for public cloud customers."
UK-based continuous security investment validation platform ESProfiler has secured £2.8 million in a seed round led by Nauta Capital, BusinessCloud reports. The funding "will fuel ESProfiler’s commercial growth, enhance product development, and add capabilities to its platform."
UK-headquartered embedded and remote device security startup ExactTrak has raised £1 million in a seed round from UKI2S and angel investors, UKTN reports. The company says the funding "will support the development of cybersecurity tools to protect against quantum computers."
Cyber risk ratings platform provider BreachBits has raised an undisclosed amount in a seed funding round led by Blu Ventures. The company says "[t]he funds will be used to capitalize on their strong customer growth and accelerate adoption of their BreachRisk™ solutions, investing in growth of their sales and customer success teams, adding platform integrations, and enhancing solutions for cyber insurance carriers."
Executive moves.
BNY Mellon has appointed Gary Delaney as International Chief Information Security Officer.
Expel has named Seema Kumar as its new Chief Marketing Officer.
Fortinet has added Maggie Wilderotter to its board of directors.
Gutsy has added Bruce Schneier as a strategic advisor.
MightyID has appointed Stuart McClure to its C-Suite Advisory Board.