Investments and insights.
$102M RAISED | 6 DEALS | 3 COUNTRIES
- Socket has raised $60 million in Series C funding led by Thrive Capital.
- Ocean has emerged from stealth with $28 million in funding led by Lightspeed Venture Partners.
- Quantum Bridge has secured $8 million in a Series A round led by Primo Capital SGR.
- Cimento has emerged from stealth with $3 million in pre-seed funding from Bowery Capital, Indie VC, and angel investors.
- Hacktron has raised $2.9 million in pre-seed funding led by Crane Venture Partners.
- Grego AI has emerged from stealth with an undisclosed amount in seed funding led by cyber•Fund.
San Francisco-based software supply chain security company Socket has raised $60 million in Series C funding led by Thrive Capital, with participation from a16z, Abstract Ventures, and Capital One Ventures. The funding brings the company's valuation to $1 billion. The company says "the round will support Socket’s next phase of growth."
Israeli agentic email security company Ocean has emerged from stealth with $28 million in funding led by Lightspeed Venture Partners, with participation from Picture Capital, Cerca Partners, and angel investors. The company says it "will use the new funding to deepen its investment in AI research and development, expand its AI-native infrastructure, and continue building a platform where every layer, from product to operations, is powered by AI agents."
Canadian quantum-safe cybersecurity firm Quantum Bridge has secured $8 million in a Series A round led by Primo Capital SGR, with participation from Wayra (Telefónica), Cadenza VC, Club degli Investitori angels, HPE, Bacchus Venture Capital, and existing investors including Alumni Ventures and the University of Toronto. The company says the funding "supports the company’s scale-up as financial institutions, telecommunications networks, governments and defence sectors worldwide seek to protect critical data from emerging quantum threats."
Utah-based human risk management platform Cimento has emerged from stealth with $3 million in pre-seed funding from Bowery Capital, Indie VC, and angel investors.
San Francisco-based offensive security platform Hacktron has raised $2.9 million in pre-seed funding led by Crane Venture Partners, with participation from Project Europe, Vercel Ventures, Plug and Play Ventures, Cambridge Enterprise Ventures, and angel investors. The company says the funding "will go toward expanding the engineering and security research team, accelerating product development, and scaling go-to-market."
Miami-based smart contract security firm Grego AI has emerged from stealth with an undisclosed amount in seed funding led by cyber•Fund, with support from angel investors.
Mergers and acquisitions.
5 DEALS | 4 COUNTRIES
- Akamai has agreed to acquire Israeli browser security company LayerX for $205 million.
- Cyera has acquired Genie Security for approximately $50 million.
- SecurityScorecard has acquired UK-based internet threat intelligence company Driftnet.
- Black Box has completed its acquisition of Brazilian MSSP 2S Inovações Tecnológicas.
- Torq has acquired Boston-based AI security workflow platform Jit.
Akamai has agreed to acquire Israeli browser security company LayerX for $205 million. Akamai stated, "LayerX employees, including Co-Founders Or Eshed and David Vaisbrud, will join Akamai’s Zero Trust organization. As Akamai’s fourth Tel Aviv–based cybersecurity acquisition in the past five years, LayerX will further the technical depth and expertise of its growing cybersecurity innovation hub in the region."
Israeli data security platform provider Cyera has acquired Genie Security, an endpoint-based data protection provider also located in Israel. Genie has been operating in stealth mode since its founding five months ago, and has only five employees. Calcalist reports that the acquisition is valued at around $50 million.
New York City-headquartered third-party risk management platform SecurityScorecard has acquired UK-based internet threat intelligence company Driftnet. SecurityScorecard stated, "This acquisition will bring Driftnet’s high-fidelity internet discovery engine into SecurityScorecard’s TITAN AI platform, giving TPRM, Security Operations, and threat hunting teams the real-time intelligence they need to find and fix third-party risks before attackers exploit them." The company added, "SecurityScorecard will maintain Driftnet’s existing collaborations with US, EU, and UK CERTs and several leading universities in internet measurement research. These partnerships have produced significant cited academic work on global internet health."
Texas- and Mumbai-based IT solutions provider Black Box has completed its acquisition of Brazilian MSSP 2S Inovações Tecnológicas. The company says the acquisition "marks a significant milestone in Black Box’s global growth strategy and further advances its long-term objective of achieving US$2 billion in annual revenues by 2030."
Israeli agentic SOC provider Torq has acquired Boston-based AI security workflow platform Jit. Torq stated, "With the integration of Jit’s AI Context Graph technology, the Torq AI SOC Platform becomes a unified intelligence and execution layer for the entire cybersecurity stack—ingesting signals from everywhere and acting across the full threat lifecycle."
Executive moves.
Axonius has appointed Joe Diamond as its new CEO. Diamond has served as Axonius's president since August 2025 and as interim CEO since February 2026. Axonius's co-founder and former CEO, Dean Sysman, will continue to serve as executive chairman.
Jamf has named Beth Tschida as CEO. Tschida previously served as Jamf's Chief Technology Officer and has served as interim CEO since March 2026.
Netwatch has appointed Justin Nagy as CEO. Nagy most recently served as CEO of The SEER Group.
iCOUNTER has named Lisa Hayashi as Chief Marketing Officer and Bob Kalchthaler as Chief Financial Officer. Hayashi previously served as Vice President of Marketing at Mimic, while Kalchthaler served as CFO of Adlumin.
AuthMind has hired Silvio Pappalardo as Chief Revenue Officer. Pappalardo previously served as CRO at Permiso Security.
N‑able has named Robert Johnston as Chief Innovation Officer and Nicole Reineke as Chief AI Officer. Johnston is the founder of Adlumin, while Reineke previously served as a Senior Distinguished Engineer in Dell Technologies' Office of the CTO.
Tyto Athene has appointed Cutter Brenton as Chief AI Officer. Brenton most recently served as Vice President of Algorithmic Warfare at Booz Allen Hamilton.