Investments and insights.
$248M RAISED | 7 DEALS | 2 COUNTRIES
- Guardio secures $80 million in a funding round led by ION Crossover Partners
- Twenty emerges from stealth with $38 million in total funding led by Caffeinated Capital.
- Clover raises $36 million in a funding round led by Notable Capital and Team8.
- Method Security raises $26 million in combined Seed and Series A funding led by Andreessen Horowitz and General Catalyst.
- Opti emerges from stealth with $20 million in seed funding led by Hetz Ventures, Mayfield Fund, and YL Ventures.
- Coverbase secures $16.5 million in a Series A round led by Canapi Ventures, as well as $3.5 million in a seed round led by Fika Ventures.
- Vijil raises $17 million in a funding round led by BrightMind Partners.
- Runlayer lands $11 million in seed funding from Khosla Ventures’s Keith Rabois and Felicis.
Israeli consumer cybersecurity firm Guardio has secured $80 million in a funding round led by ION Crossover Partners, with participation from existing investors Union Tech Ventures, Vintage Investment Partners, and Emerge. The company stated, "The new funding will fuel Guardio’s continued product innovation, its detection engine, and expand its consumer cyber posture and visibility capabilities. It will also accelerate the development of new protection layers designed for the evolving AI-driven web, where consumers increasingly use AI agents, tools, and browsers. On the Go-To-Market side, the funds will drive global brand building, distribution, and strategic partnerships, while supporting potential acquisitions to strengthen Guardio’s offering and further scale the consumer cybersecurity category."
Arlington, Virginia-based offensive security firm Twenty has emerged from stealth with $38 million in total funding. Its Series A round was led by Caffeinated Capital, with participation from General Catalyst and In-Q-Tel. Twenty made headlines last week when Forbes reported that the Pentagon had signed a $12.6 million contract with the company. Forbes noted, "Twenty’s contracts are a rare case of an AI offensive cyber company with VC backing landing Cyber Command work; typically cyber contracts have gone to either small bespoke companies or to the old guard of defense contracting like Booz Allen Hamilton or L3Harris."
Israeli product security company Clover has raised $36 million in a funding round led by Notable Capital and Team8, with participation from SVCI. According to Axios, Clover plans to double its headcount over the next year. It currently has around 40 employees.
New York-headquartered cyber resilience firm Method Security has raised $26 million in combined Seed and Series A funding led by Andreessen Horowitz and General Catalyst, with participation from Blackstone Innovations Investments, Crossbeam Ventures, NFDG, Forward Deployed Ventures, Pax Ventures, Phil Venables, WndrCo, Frederic Kerrest, Ryan Noon, and Aaron Levie. The company says the funding will "accelerate the deployment of its autonomous cyber platform with the U.S. Government and critical enterprises."
Israeli identity and access management platform Opti has emerged from stealth with $20 million in seed funding led by Hetz Ventures, Mayfield Fund, and YL Ventures, with participation from LocalGlobe, Maple Capital, Squared Circle Ventures, and angel investors. SecurityWeek says the company "plans to use the funding to accelerate product expansion and fuel global growth."
San Francisco-based AI procurement and risk platform Coverbase has secured $16.5 million in a Series A round led by Canapi Ventures, as well as $3.5 million in a seed round led by Fika Ventures, with participation from TTV Capital, Pear VC, Valley Ventures, and Founders You Should Know. The company stated, "With this $20 million, Coverbase is expanding into new verticals and scaling its risk-aware procurement platform beyond third-party risk management into the broader procurement lifecycle, including vendor sourcing, intake, contract management, and purchase order creation."
Menlo Park, California-based AI agent security firm Vijil has raised $17 million in a funding round led by BrightMind Partners, with participation from Mayfield and Gradient. The company says the funding "will be used to accelerate deployments of the Vijil platform."
New York-based agentic AI security startup Runlayer has raised $11 million in seed funding from Khosla Ventures’s Keith Rabois and Felicis, TechCrunch reports.
Mergers and acquisitions.
5 DEALS | 3 COUNTRIES
- Palo Alto Networks agrees to acquire microservice observability platform Chronosphere for $3.35 billion.
- Redsquid acquires threat detection and response firm Cyberseer.
- Xoriant acquires Latvian software quality engineering firm TestDevLab.
- Amplix acquires Florida-based cybersecurity and compliance firm 24By7Security.
- Keycard acquires agentic AI company Runebook.
Palo Alto Networks has agreed to acquire New York-based microservice observability platform Chronosphere for $3.35 billion. Palo Alto stated, "Combining Chronosphere's purpose-built, optimized architecture that can handle some of the largest and most complex digital environments with Palo Alto Networks' AgentiX™ will transform the value proposition of observability from passive monitoring to offering a ground-breaking autonomous remediation platform. The new solution will deploy AI agents on the massive amounts of data monitored by Chronosphere's platform to not only detect performance issues, but also to autonomously investigate the root cause, and close the loop with agentic remediation."
Borehamwood-based MSSP Redsquid has acquired London-headquartered threat detection and response firm Cyberseer. The deal marks Redsquid's fifth acquisition of 2025. The company stated, "The acquisition positions Redsquid, a B Corps-certified technology provider, as the only Managed Service Provider offering a fully integrated Security Operations Centre (SOC) and 24/7 Managed Detection and Response (MDR) capability powered by ASPECT, Cyberseer’s proprietary automation platform."
Sunnyvale, California-based digital engineering company Xoriant has acquired Latvian software quality engineering firm TestDevLab. The company stated, "This is Xoriant’s fourth acquisition in the last 3 years as the company rapidly scales globally with operations in 28 offices across India, the United States, and Europe. TestDevLab’s Baltic and Macedonian delivery centers will further strengthen Xoriant’s European presence with access to top engineering talent and EU innovation ecosystems."
Massachusetts-based technology advisory Amplix has acquired Florida-based cybersecurity and compliance firm 24By7Security. Amplix stated, "This transaction represents Amplix's twelfth acquisition since forming the platform in 2022, and significantly expands its cybersecurity capabilities, reinforcing the company's ability to support clients in managing evolving security risks and compliance requirements across their entire technology ecosystem."
Keycard, a San Francisco-based startup that offers an identity and access platform for AI agents, has acquired Runebook, a company that provides tools for producing AI agents. Keycard emerged from stealth last month with $38 million in funding. The company says the acquisition of Runebook will "accelerate our ecosystem of integrations and drop-in SDKs for building production-ready, trusted agents and tools powered by the Model Context Protocol (MCP)."
Executive moves.
Quorum Cyber has appointed John Bruce as Chief Information Security Officer, Mike LaPeters as Chief Revenue Officer, Stacey Sweeney as Chief Marketing Officer, and Melissa Webb as Vice President – Microsoft Partnership.
LogicGate has named Maureen Noonan as Chief Revenue Officer and Michael Schultz as Chief Marketing Officer. Noonan previously served as RVP of Sales at Snowflake, while Schultz most recently worked with Responsive.io.
Cynomi has appointed Erin McLean as Chief Marketing Officer. McLean previously served as CMO at eSentire.
Fenix24 has named Nikhil Chauhan as Managing Director of the Asia-Pacific region. Chauhan previously served as Head of Asia at Aon Inpoint.