At a glance.
- Vanta acquires Riskey and closes $150 million Series D round.
- Darktrace acquires Mira Security.
Mergers and acquisitions.
UK cybersecurity company Darktrace has acquired Pennsylvania-headquartered network traffic visibility provider Mira Security. Darktrace stated, "Mira Security’s engineering team, based in Centurion, South Africa and the United States, will join Darktrace’s R&D division, expanding Darktrace’s capabilities in networking research and development."
Belgian IT and OT asset management firm Lansweeper has acquired Maryland-based IT asset visibility company Redjack. Lansweeper stated, "Redjack significantly strengthens Lansweeper’s capabilities in attack surface management, business continuity planning, and third-party risk management."
German SAP-native cybersecurity platform provider SecurityBridge has acquired UK-headquartered CyberSafe, a provider of MFA and SSO solutions for SAP users. SecurityBridge stated, "The acquisition marks a significant milestone in SAP security innovation, as CyberSafe’s flagship TrustBroker® products will further enrich the SecurityBridge platform capabilities. A two-way integration enables customers to transition from password-based authentication to multi-factor authentication across the SAP technology stack, with full insight into the SAP application layer."
San Francisco-based security compliance firm Vanta has acquired Israeli vendor risk management provider Riskey. Vanta said, "We’ve already integrated Riskey’s technology into Vanta’s Vendor Risk Management product, allowing customers to complement their existing first-party reviews with third-party signals."
Investments and exits.
Vanta has also announced the closure of its $150 million Series D round led by Wellington Management, with participation from existing investors Growth Equity at Goldman Sachs Alternatives, Sequoia, J.P. Morgan, Craft Ventures, Y Combinator, Atlassian Ventures, and CrowdStrike Ventures. The funding brings the company's valuation to $4.15 billion. Vanta's CEO Christina Cacioppo stated, "With this new funding, we’ll accelerate Vanta’s AI innovation and expansion into new areas like third-party risk and government compliance."
Michigan-based wire fraud prevention company CertifID has raised $47.5 million in a Series C round led by Centana Growth Partners, with participation from existing investor Arthur Ventures. The company stated, "CertifID will use the new funding to expand its capabilities across identity verification, transaction monitoring, and secure payments, while deepening its investment in the human expertise that makes the platform so effective. The company will also grow its team, expand partnerships, and accelerate the rollout of new security features."
Dallas-based cyber risk intelligence firm iCOUNTER has emerged from stealth with $30 million in Series A funding led by SYN Ventures. The startup spun out of Texas cybersecurity provider Apollo Information Systems. Apollo says iCOUNTER's public launch "follows five years of dedicated development, during which cutting-edge AI-enabled technology, robust collection infrastructure, and refined processes were developed to successfully help its customer counter highly targeted attacks."
Chicago-based security data intelligence firm Empirical Security has raised $12 million in seed funding led by Costanoa Ventures, with participation from DNX Ventures, Sixty Degree Capital, HPA, and strategic investors Jonathan Cran, founder of Intrigue, Wade Baker, and Gerhard Eschelbeck. Empirical has also appointed Ed Bellis, co-founder of Kenna Security, as its CEO.
Virginia-based vulnerability management startup Cogent Security has emerged from stealth with $11 million in seed funding led by Greylock Partners. The company is hiring for R&D and go-to-market roles.
Israeli MDR provider Daylight Security has emerged from stealth with $7 million in seed funding led by Bain Capital Ventures, with participation from Maple VC and angel investors. The company says the funding "will fuel Daylight’s global expansion, accelerate platform development, and support key hires across engineering and go-to-market teams."
San Francisco-based email security firm StrongestLayer has secured $5.2 million in seed funding led by Sorenson Capital and Recall Capital. The company says the funding "will accelerate product innovation and go-to-market expansion."
San Francisco-headquartered AI interaction privacy firm Confident Security has raised $4.2 million in funding from Decibel, South Park Commons, Ex Ante, and Swyx. According to FinSMEs, the company "intends to use the funds to expand operations and its business reach."
Spanish privacy-focused cloud storage provider Internxt has raised €3.3 million (US$3.8 million) in funding from Prosegur Tech Ventures, Angels Capital, Andorra Telecom, Extension Fund, Kevlar Fund, and other existing investors.
Amsterdam-based cyberattack prediction startup Whisper has emerged from stealth with €1.6 million (US$1.8 million) in pre-seed funding from Antler, Atlas Sgr, D11Z, Tioga Trust, and Volve Capital.
Executive moves.
Coro has named Joe Sykora as its new CEO. The company's former CEO and co-founder, Guy Moskowitz, will assume the role of President.
PwC has appointed former NSA and Cyber Command executive Morgan Adamski to lead its Cyber, Data & Technology Risk division.
Vanta has hired Scott Holden as Chief Marketing Officer.
SonicWall has hired Rajnish Mishra as Senior Vice President and Chief Development Officer.
Greg Sullivan, co-founding partner of CIOSO Global, has joined Technology Partners' coaching bench.
