Investments and insights.
$145M RAISED | 6 DEALS | 4 COUNTRIES
- Israeli identity management startup Oak has emerged from stealth with $60 million in seed funding co-led by Accel, Greylock Partners, and CRV.
- UK-based sovereign infrastructure company Valarian has raised $50 million in a Series A round led by New Enterprise Associates (NEA).
- Israeli post-quantum cryptography management platform QIZ Security has raised $17 million in seed funding led by Bessemer Venture Partners and Merlin Ventures.
- San Francisco-based AI-fraud prevention company Reken has emerged from stealth with $10 million in seed funding.
- Los Angeles-based family cybersecurity platform Savi Security has raised $7 million in seed funding led by Acrew Capital.
- Spanish identity security platform provider 8Layers has raised an additional €1 million (US$1.1 million) in pre-seed funding.
Israeli identity management startup Oak has emerged from stealth with $60 million in seed funding co-led by Accel, Greylock Partners, and CRV, with participation from Hetz Ventures, AlphaDrive Ventures, and strategic angel investors. The company says it will use "the funds in part to expand [its] team of experts, hiring across the security and AI sectors as the company builds out the complete platform."
UK-based sovereign infrastructure company Valarian has raised $50 million in a Series A round led by New Enterprise Associates (NEA), with participation from Lightbank, XTX Ventures, Litquidity Ventures, Sequel, and angel investors. The company says the funding will accelerate deployment of its Valarian Enterprise and Valarian Defence platforms.
Israeli post-quantum cryptography management platform QIZ Security has raised $17 million in seed funding led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The company says the funding "will accelerate QIZ's rapid growth, deepen product development, and expand the company's presence in the market."
San Francisco-based AI-fraud prevention company Reken has emerged from stealth with $10 million in seed funding, which the company raised in 2024.
Los Angeles-based family cybersecurity platform Savi Security has raised $7 million in seed funding led by Acrew Capital, with participation from Magnify Ventures, TTCER, and Resolute Ventures. The company says the funding will "accelerate development of its behavioral AI technology to screen calls, messages, and digital communications before users engage."
Spanish identity security platform provider 8Layers has raised an additional €1 million (US$1.1 million) in pre-seed funding, bringing its total funding to €2.5 million (US$2.9 million). The funding was led by JME Ventures, with participation from new investors Criteria Venture Tech and Bankinter, and existing investors Lanai Ventures, Draper B1, and Secways. The company stated, "The platform has been commercially available since May 2026, and this capital goes entirely toward bringing it to more of the organizations that need it across Europe."
Mergers and acquisitions.
5 DEALS | 2 COUNTRIES
- Barracuda Networks has acquired Austin, Texas-based identity and access management provider Evo Security.
- Cribl has acquired Israeli agentic detection engineering provider CardinalOps.
- CompassMSP has acquired Philadelphia-based MSSP The Logic Group.
- The 20 MSP has acquired Pennsylvania-based MSSP Sundance Networks.
- Presidio has completed its acquisition of Pleasant Hill, California-based MSSP LookingPoint.
Campbell, California-based Barracuda Networks has acquired Austin, Texas-based identity and access management provider Evo Security. Barracuda stated, "The acquisition expands the BarracudaONE® platform’s identity security capabilities, creating the industry’s most comprehensive partner-first platform unifying privileged access management (PAM), access control, identity protection, and identity threat detection and response."
San Francisco-based telemetry platform Cribl has acquired Israeli agentic detection engineering provider CardinalOps. The company says the "acquisition adds detection engineering capabilities that help customers improve threat coverage, lower data costs, and strengthen their SOCs." Cribl stated, "The acquisition adds detection engineering capabilities that help customers improve threat coverage, lower data costs, and strengthen their SOCs. This creates a flexible path toward replacing legacy SIEM architectures."
Connecticut-based IT consultancy CompassMSP has acquired Philadelphia-based MSSP The Logic Group, stating, "The integration of these two organizations drives an expansion in the Mid-Atlantic region focused on robust cybersecurity and compliance resources."
Plano, Texas-based managed service provider growth platform The 20 MSP has acquired Pennsylvania-based MSSP Sundance Networks. Tim Conkle, The 20 MSP's founder and CEO, stated, "This is a meaningful step toward our broader goal of developing AI services that deliver real, measurable value to our client base."
New York City-headquartered IT services provider Presidio has completed its acquisition of Pleasant Hill, California-based MSSP LookingPoint. Presidio stated, "This acquisition marks an important milestone in Presidio’s AI-first growth strategy, expanding its West Coast presence with complementary capabilities that strengthen its core networking, security, and infrastructure practices, and advancing the AI-enabled operating model where Presidio is investing next."
Executive moves.
N-able has appointed Russell Rosa as its new Chief Revenue Officer. Rosa most recently served as CRO at Sumo Logic.
BlueVoyant has named Ravi Subramanian as Chief Financial Officer and Jamie Coleman as Chief Customer Officer.
Neumo has hired Ami Dave Bansal as Chief Information Security Officer. Bansal previously served as CISO at Fanatics, Inc.
Solana Foundation has appointed Michael Coates as CISO. Coates served as Head of Security at Mozilla and as Twitter's first CISO.
MANTECH has named Dr. Kristen Summers as Chief Data and AI Officer. Summers previously served as the company's Vice President and Technical Fellow for Data and AI.
CodeHunter has hired Stephen McCarney as Chief Strategy Officer. McCarney most recently served as Chief Marketing Officer at Merlin Group.
F5 has named Cathy Peterman as Chief People Officer. Peterman previously served as Chief People Officer at Wayfair.
Cato Networks has appointed Joseph Tibbetts as Head of Product and Technology Partnerships. Tibbetts previously served as Vice President of Technology Alliances & APIs at Mimecast.
Kai has named Chris Pedigo as Vice President, Solution Engineering. Pedigo previously served as Sales Engineering Leader at Native.
Depthfirst has hired Steve Vaughan as Global Head of Channels and Alliances. Vaughan previously served as Global Head of AWS Alliance at Wiz.
Cooley has added Michael La Marca as a partner in its global cyber/data/privacy group. La Marca joins Cooley from Hunton Andrews Kurth, where he was a partner in its data, cyber, and privacy group.
Cequence Security has appointed Rupal Shah Hollenbeck, former President of Check Point Software, to its board of directors.