At a glance.
- Zscaler to acquire Red Canary.
- Fortinet acquires Suridata.
- Cyera is reportedly set to raise $500 million in new funding.
Mergers and acquisitions.
San Jose, California-based cloud security firm Zscaler has signed a definitive agreement to acquire Denver-headquartered managed detection and response firm Red Canary. Red Canary stated, "We’re about to gain access to 500 billion daily transactions of data and threat intelligence processed on Zscaler’s Zero Trust Exchange and exposure management data. This will significantly enhance our ability to detect threats faster and more accurately." The company added, "For existing Zscaler and Red Canary customers, you’ll see a more seamless experience in the future, as we bring together two strategic parts of your security and IT stack."
Israeli cybersecurity firm Check Point has agreed to acquire Tel Aviv-based vulnerability assessment and remediation startup Veriti. Check Point stated, "Following the closure of the transaction, Veriti’s capabilities will be integrated into the Check Point Infinity Platform as part of the Threat Exposure and Risk Management offering. Combined with the recently added External Risk Management (ERM) solution, Veriti enhances Check Point’s ability to deliver complete risk lifecycle coverage—proactively managing both internal and external exposures across the entire attack surface."
Fortinet has acquired Israeli SaaS security company Suridata. Fortinet stated, "This addition to our Unified SASE portfolio further enhances our ability to deliver secure SaaS access. Suridata’s SaaS Security Posture Management (SSPM) solution bridges the visibility and control gap across SaaS apps, delivering continuous monitoring, risk assessment, and policy enforcement—all of which are essential to a modern SASE strategy."
Colorado-based SSO provider JumpCloud has acquired Brazilian privileged access management company VaultOne. Greg Keller, JumpCloud's Chief Technology Officer and co-founder, stated, "The acquisition of VaultOne brings a deeply experienced team and established PAM technology into the JumpCloud family. This allows us to immediately offer a dedicated PAM solution with the granular control necessary to navigate today’s complex security landscape, while providing more critical access control capabilities our customers can consolidate and depend upon from JumpCloud’s platform."
Proofpoint has acquired New Jersey-headquartered compliance archiving and data enrichment firm Nuclei. The company stated, "With this acquisition, Proofpoint will further enhance its market-leading digital communications governance (DCG) offering with unmatched capabilities to capture, retain, and analyze communications across workspace collaboration platforms such as Microsoft Teams, Slack, Zoom, Webex, WhatsApp, and RingCentral Voice."
Irish cloud security firm Ekco has acquired British penetration testing firm Predatech. The company stated, "The move expands Ekco’s cyber security capabilities in the UK and establishes a new office for the firm in the North-West, reinforcing its position as a trusted cyber security partner for businesses."
Israeli investigative analytics software provider Cognyte has acquired Virginia-based digital risk protection services company GroupSense for approximately $4 million plus an earnout of up to $5 million. The company stated, "The acquisition will help to expand Cognyte’s customer base and growth potential within the U.S. market, a pillar in the company’s overall growth strategy."
Investments and exits.
Israeli data security posture management platform provider Cyera is set to raise $500 million in a new funding round led by Lightspeed, Greenoaks, and Georgian, with participation from existing investors Accel, Sequoia Capital, and Sapphire Ventures, Bloomberg reports. The funding round will nearly double the company's value to $6 billion. The company raised $600 million across Series C and Series D rounds last year.
San Francisco-based identity security automation startup Cerby has raised $40 million in Series B funding led by DTCP, with participation from existing investors including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures. The company stated, "Cerby will invest the new capital to expand the Cerby Application Network in response to growing customer demand. This will include continued investment in the company's agentic AI capabilities and making the platform extensible. Cerby will also use the latest funding to further innovate its entire solution suite while scaling go-to-market operations in North America and EMEA."
Singapore-headquartered threat intelligence firm CloudSEK has secured $19 million in funding across Series A2 and B1 funding rounds from "a mix of India- and US-based investors, such as MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and select strategic investors, including Commvault." The company says the funding will "accelerate global expansion and advance its AI-driven threat intelligence platform."
Baltimore-based automated code remediation company Pixee has raised $15 million in seed funding led by Decibel and Wing VC, with participation from TEDCO, PrimeSet, and strategic individual investors. The startup says the funding "will accelerate Pixee’s product development and expansion of the go-to-market team, enabling the company to scale adoption among enterprises and capture the growing demand for its AI-powered solution."
Boston-based security assurance platform TrustCloud has raised $15 million in funding led by ServiceNow Ventures, with participation from Cisco Investments, Presidio Ventures, OpenView Venture Partners, Tola Capital, and existing investors. The company says the funding "will be used to further accelerate enterprise go-to-market and channel operations, while enhancing its AI capabilities to provide enterprise chief information security officers (CISOs) with a unified view of security risk across the IT landscape."
French identity and access management company Memority has raised €13 million ($14.7 million) in a Series A round led by Tikehau Capital. The company says the funding "will be used to intensify and accelerate the deployment of the Memority platform's technological roadmap, and to strengthen its sales team and its geographical expansion in Europe."
San Francisco-based API security startup StackHawk has secured $12 million in additional funding led by existing investors Sapphire and Costanoa Ventures. The company stated, "With this funding, StackHawk will expedite shipping products and features that make it simple for modern teams embracing AI-driven development to scale safely, especially in data-sensitive industries such as healthcare and fintech."
Executive moves.
Equifax has appointed Jeremy Koppen as its new CISO.
Amentum has named Max Shier as Vice President and CISO.