Investments and insights.
$718M RAISED | 8 DEALS | 3 COUNTRIES
- NinjaOne has raised more than $400 million in Series C extensions from Wellington Management and others.
- Ent has emerged from stealth with $100 million in seed funding led by Decibel.
- Cyber warfare startup Twenty has raised $100 million in a Series B round led by Accel.
- NewCore has emerged from stealth with $66 million in seed and pre-seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners.
- Pi has raised $35 million in funding led by Brightmind Partners and Third Point Ventures.
- Magnitude has emerged from stealth with $10 million in seed funding led by Ballistic Ventures.
- Tenet Security has emerged from stealth with $6 million in seed funding led by The Westly Group and MizMaa Ventures.
- Strand Intelligence has raised £1 million (US$1.3 million) in funding from Osney Capital.
Austin, Texas-based IT visibility and management platform NinjaOne has raised more than $400 million in Series C extensions from Wellington Management, Teachers' Venture Growth (TVG), BDT & MSD Partners' affiliated funds, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners. The extensions bring the company's valuation to $12.3 billion. NinjaOne's CEO and co-founder Sal Sferlazza stated, "We're in a rare position to collaborate with some of the most forward-thinking investors in the world, and those partnerships are shaping how we bring AI into every layer of our business, from our platform roadmap and market expansion to our internal operations. This will fundamentally accelerate how we build and scale for our customers and partners, and will ensure our growth is not just intentional, but inevitable."
San Francisco-based endpoint security and AI governance startup Ent has emerged from stealth with $100 million in seed funding led by Decibel, with participation from Sequoia, Crosspoint Capital Partners, Craft Ventures, Shield Capital, Felicis, and In-Q-Tel. The company says the funding "will support continued hiring across engineering and go-to-market, while accelerating Ent’s roadmap across AI governance, threat prevention, security integrations, and multimodal endpoint intelligence."
Arlington, Virginia-based cyber warfare startup Twenty has raised $100 million in a Series B round led by Accel, with participation from Friends & Family Capital, Point72 Ventures, and Caffeinated Capital. The funding brings the company's valuation to $1 billion.
Israeli identity security platform provider NewCore has emerged from stealth with $66 million in seed and pre-seed funding from Cyberstarts, Index Ventures, and Evolution Equity Partners. The company was founded by CEO Zohar Alon, CTO Amihai Neiderman, and CRO Erez Yarkoni, and currently has more than fifty employees across Tel Aviv and the United States.
San Francisco-based agentic AI software security platform Pi has raised $35 million in funding led by Brightmind Partners and Third Point Ventures, with participation from angel investors.
San Francisco-based third-party risk management startup Magnitude has emerged from stealth with $10 million in seed funding led by Ballistic Ventures.
Israel-founded, US-headquartered AI agent governance startup Tenet Security has emerged from stealth with $6 million in seed funding led by The Westly Group and MizMaa Ventures. The company says the funding "will support continued product development, expansion of Tenet Threat Labs, growth of the company's North American go-to-market operations, and broader coverage across emerging AI agent frameworks and enterprise environments."
UK-based digital forensics and incident response firm Strand Intelligence has raised £1 million (US$1.3 million) in funding from Osney Capital. The company stated, "With the support of Osney Capital, we're accelerating our work with SOCs, incident responders, and security teams who need investigations to move at the pace modern attacks demand."
Mergers and acquisitions.
5 DEALS | 4 COUNTRIES
- Rubrik has acquired Colorado-based identity orchestration firm Strata.
- 1Password has acquired Israeli access governance provider Apono.
- Databricks has agreed to acquire AI SOC provider Panther.
- SailPoint intends to acquire Israeli non-human identity and credential security company Entro.
- Axiom GRC has acquired Canadian GRC assurance firm MHM.
Las Vegas-headquartered security and data intelligence company Rubrik has acquired Colorado-based identity orchestration firm Strata. Rubrik stated, "With the acquisition of Strata.io, Rubrik Identity Resilience ensures that while recovery is underway, authentication never stops. Through automatic failover to a secondary Identity Provider, users retain access to critical applications keeping the business operational throughout a cyber incident."
Canadian identity security firm 1Password has acquired Israeli access governance provider Apono. The company stated, "The acquisition extends 1Password’s identity security platform beyond securing credentials to governing what every human, machine, and AI identity can access: when, why, and for how long, with Just-In-Time access provisioned at the moment of need and automatically revoked when the work is done." According to Calcalist, the deal is valued at between $250 million and $300 million.
San Francisco-based data analytics platform Databricks has agreed to acquire AI SOC provider Panther (also based in San Francisco). Databricks stated, "The acquisition will advance the company’s vision for the security lakehouse, a new category of security software that is disrupting legacy SIEM with an agentic approach."
Austin, Texas-based enterprise identity security firm SailPoint intends to acquire Israeli non-human identity and credential security company Entro. The transaction is expected to close in the third quarter of fiscal year 2027. SailPoint stated, "Upon completion, this acquisition will mark a strategic expansion and acceleration of the recently launched SailPoint Agentic Fabric, advancing SailPoint's vision to secure the modern enterprise with adaptive identity security across the entire digital ecosystem."
London-based governance, risk and compliance platform Axiom GRC has acquired Canadian GRC assurance firm MHM. Axiom stated, "The acquisition marks Axiom GRC's entry into Canada and builds on its continued North American expansion following the acquisitions of IS Partners in 2025 and AssurancePoint in January 2026. As part of the transaction, MHM will work in tandem with IS Partners, expanding Axiom's North American presence, adding an established Canadian assurance client base, and strengthening the firm's capabilities across SOC reporting, ISO certifications, cybersecurity risk, and compliance framework expertise in global markets."
Executive moves.
Cinchy has named J.Paul Haynes as CEO. Haynes previously spent nearly sixteen years at eSentire, serving as CEO, COO, and President.
The Aspen Institute has appointed Dr. Ángel Cabrera as its incoming President and CEO. Cabrera, who currently serves as President of the Georgia Institute of Technology, will succeed the Aspen Institue's outgoing President and CEO Dan Porterfield this fall.
MOXFIVE has promoted its Chief Revenue Officer, Ryan Ikeler, to President.
iCOUNTER has named Joel Molinoff as COO. Molinoff most recently served as Global Head of Third-Party Risk Products and Services at BlueVoyant.
KnowBe4 has promoted Alex Callihan to Chief Technology Officer. Callihan previously served as the company's Senior Vice President of Engineering. KnowBe4's former CTO, Mark Patton, is transitioning to a new role as the company's Chief Scientist.
U.S. Bank has appointed Ann Barron-DiCamillo as Executive Vice President and Global Chief Information Security Officer. Barron-DiCamillo most recently served as Citi's Managing Director, Global Head of Tech Optimization.
GitLab has hired Chaim Mazal as CISO. Mazal most recently served as Chief AI and Security Officer at Gigamon.
Plaid has named Sean Cassidy as CISO. Cassidy previously served as Head of Security at Asana.
Oracle has named Jonathan Trull as Global Head of Cyber Defense. Trull previously served as CISO at Qualys.
OpenAI has hired Michael Aiello as Head of Product for Cyber.
Blackpoint Cyber has appointed Erin Whitmore as Head of the Adversary Pursuit Group. Whitmore previously served as an operations officer at the CIA.
Palo Alto Networks has appointed Bryson Tan to lead the expansion of its Unit 42 team in Canada.
CoreView has appointed Kasper Lindgaard as Vice President of Security Strategy. Lindgaard previously held leadership roles at Secunia Research.
Straiker has named Andrew Bartlam as VP of Sales, EMEA.
Axonius has named Moshe Ben Simon as Chief Product Officer. Ben Simon previously served as Vice President of Product Management at Fortinet.
BreachRx has added cybersecurity leader Phil Venables to its board of directors.