At a glance.
- Armis acquires OTORIO.
- SpecterOps raises $75 million.
- Sola emerges from stealth with $30 million in seed funding.
Mergers and acquisitions.
San Francisco-headquartered attack surface management company Armis has acquired Israeli industrial cybersecurity firm OTORIO. Armis stated, "OTORIO’s Titan platform will be integrated into Armis’ Centrix cloud-based cyber exposure management platform to expand Armis’ OT/CPS suite and offer an on-premises CPS solution for organizations or segments of an organization’s environment that are airgapped or sequestered from online access."
Investments and exits.
Virginia-based attack path management company SpecterOps has raised $75 million in a Series B round led by Insight Partners, with participation from Ansa Capital, M12, Ballistic Ventures, Decibel, and Cisco Investments. The company says the funding "will support SpecterOps’ rapid scaling of BloodHound Enterprise (BHE), the industry’s first platform for comprehensively removing Identity-based Attack Paths."
Boston-headquartered automated security validation company Pentera has secured $60 million in a Series D round led by Evolution Equity Partners, with participation from Farallon Capital Management. The company stated, "With this new funding, Pentera will accelerate innovation through advanced research and development, cutting-edge AI integration, and aggressive expansion in the U.S. market – strengthening its position as the global standard in security validation."
Sola, an Israeli startup that provides a platform to let users create their own security apps, has emerged from stealth with $30 million in seed funding led by S Capital and Mike Moritz, with participation from S32, Glilot Capital Partners, and angel investors, TechCrunch reports.
New Mexico-based cyber risk management firm Crogl has announced a $25 million Series A round led by Menlo Ventures and a $5 million seed round led by Tola Capital. The company "plans to use the new funding to continue to advance its knowledge engine for security operations."
Belfast-based software supply chain security startup Cloudsmith has raised $23 million in a Series B round led by TCV, with participation from Insight Partners and existing investors. The company says the new funding "will go towards expanding sales, marketing, and customer success teams, innovation in software supply chain security product features, and investing in AI R&D."
Vienna-based quantum secure communications startup Quantum Industries has raised €9.5 million (approximately US$10.3 million) in a seed round led by Sparring Capital Partners and Findus Ventures, with participation from KGAL, Tech.eu reports.
New York-based AI governance company AIceberg has secured $10 million in a seed funding round led by SYN Ventures and Sprout & Oak.
Israeli cloud security startup Aryon Security has emerged from stealth with $9 million in seed funding led by Viola Ventures and Blumberg Capital.
Executive moves.
Immersive has named Mark Schmitz as its new CEO. The company's founder, James Hadley, will serve as Chief Innovation Officer.
Devo Technology has appointed Ken Naumann as CEO.
Claroty has appointed Amir Preminger as Chief Technology Officer, where he will continue to lead the company's Team82 research unit.
Quad9 has appointed Simon Forster as its new General Manager.
Radiant Logic has named Sam Erdheim as Head of Marketing.