Investments and insights.
$239M RAISED | 11 DEALS | 5 COUNTRIES
- RSA Conference (RSAC) has announced the top ten finalists for its RSAC Innovation Sandbox contest: Charm Security, Clearly AI, Crash Override, Fig Security, Geordie AI, Glide Identity, Humanix, Realm Labs, Token Security, and ZeroPath.
- Cogent Security has landed $42 million in a Series A round led by Bain Capital Ventures.
- Venice has launched with $33 million in total funding, including a $25 million Series A led by IVP.
- Segura has secured $25 million in funding led by Riverwood Capital.
- VulnCheck has raised $25 million in a Series B round led by Sorenson Capital.
- Lema AI has raised $24 million in seed and Series A funding.
- Opaque has secured $24 million in a Series B round led by Walden Catalyst.
- Complyance has raised $20 million in a Series A round led by GV (Google Ventures).
- Aliro has raised $15 million in an oversubscribed funding round led by Gutbrain Ventures.
- Veria Labs has raised $3.2 million in seed funding led by Y Combinator.
- Cydelphi has emerged from stealth with $3 million in seed funding led by Glasswing Ventures.
RSA Conference (RSAC) has announced the top ten finalists for its RSAC Innovation Sandbox contest, each of which was awarded a $5 million investment to help fuel their growth and innovation. The finalists are fraud prevention startup Charm Security, security review automation company Clearly AI, AI-generated code security firm Crash Override, Israeli security data management company Fig Security, UK-based agentic AI governance provider Geordie AI, authentication platform Glide Identity, Canadian social engineering prevention company Humanix, enterprise AI security startup Realm Labs, Israeli agentic AI governance company Token Security, and application security firm ZeroPath.
San Francisco-based automated vulnerability management company Cogent Security has landed $42 million in a Series A round led by Bain Capital Ventures, with participation from Greylock Partners, Definition, and angel investors. The company says it "plans to accelerate product development, expand enterprise deployments, and continue building agentic security systems designed for governed, trustworthy execution at scale."
Israeli privileged access platform Venice has launched with $33 million in total funding, including a $25 million Series A led by IVP with participation from Index Ventures, Vine Ventures, Holly Ventures, and angel investors. The company's co-founder and CEO Rotem Lurie says the funding will allow the company to "[s]upport more global enterprises at a real operational scale."
Brazilian identity security platform provider Segura has secured $25 million in funding led by Riverwood Capital. The company says the investment "will accelerate Segura’s global expansion and the evolution of our AI-powered identity security platform."
Massachusetts-based vulnerability intelligence company VulnCheck has raised $25 million in a Series B round led by Sorenson Capital, with participation from National Grid Partners and existing investors, including Ten Eleven Ventures and In-Q-Tel. The company says it "will use the fresh capital to scale growth and expand its intelligence capabilities."
Israeli software supply chain security firm Lema AI has raised $24 million in seed and Series A funding. The Series A was led by Team8, while F2 Venture Capital led the Seed round with participation from Salesforce Ventures. The company says the funding "will accelerate R&D for its autonomous vendor risk analysis engine and expand its go-to-market organization to meet growing demand from highly regulated and digitally driven enterprises."
San Francisco-based AI security and governance platform Opaque has secured $24 million in a Series B round led by Walden Catalyst, with participation from existing investors Intel Capital, Race Capital, Storm Ventures, Thomvest, and new investor Advanced Technology Research Council. The company stated, "With this new funding, OPAQUE is accelerating the delivery of its Confidential AI platform."
New York-based security and compliance automation provider Complyance has raised $20 million in a Series A round led by GV (Google Ventures), with participation from existing investors Creandum, HV Capital, Speedinvest, and Everywhere Ventures, alongside new angel investors. The company says the new funding "will accelerate GTM expansion and continue our market-leading agentic AI innovation."
Boston-based quantum security company Aliro has raised $15 million in an oversubscribed funding round led by Gutbrain Ventures, with participation from existing investors including Cisco Investments, as well as new investors Argon Ventures and Wonderstone Ventures. According to FinSMEs, the company will "use the funds to expand operations and its development efforts."
San Francisco-based AI pentesting firm Veria Labs has raised $3.2 million in seed funding led by Y Combinator. The company stated, "We’re using this funding to keep building. We’re a small, elite team and intend to stay that way."
Dallas-based digital forensics and incident response (DFIR) company Cydelphi has emerged from stealth with $3 million in seed funding led by Glasswing Ventures, with participation from Blu Ventures, Hyde Park Angels, and Merlin Group. The company says the funding "will accelerate product development, expand go-to-market partnerships with leading MSSPs and DFIR providers, and drive adoption across high-stakes industries where downtime costs millions per day."
Mergers and acquisitions.
6 DEALS | 2 COUNTRIES
- Palo Alto Networks intends to acquire Israeli agentic AI security startup Koi for an estimated $400 million.
- Check Point has acquired three AI-related security startups: Cyata, Cyclops, and Rotate.
- Proofpoint has acquired AI security and governance provider Acuvity.
- Keycard has acquired coding agent governance provider Anchor.dev.
- Endor Labs has acquired cloud-native application security company Autonomous Plane.
- Quantum Leap has acquired Veros Technologies.
Palo Alto Networks intends to acquire Israeli agentic AI security startup Koi for an estimated $400 million, Calcalist reports. Palo Alto said in a press release, "After the close of the acquisition, Koi's Agentic Endpoint Security will extend to Palo Alto Networks' Prisma AIRS™, its leading AI security platform. This integration will broaden coverage across critical AI-driven operations. Concurrently, it will enhance Cortex XDR®'s endpoint security solution providing significant visibility into the AI attack surface to improve security policy and malware prevention. This will ensure these critical capabilities are readily available to customers, allowing them to deploy agentic tools with confidence."
Israeli cybersecurity provider Check Point has acquired three AI-related security startups for a total of more than $150 million, the Jerusalem Post reports. The company announced the acquisitions of AI agent governance firm Cyata, cyber asset attack surface management company Cyclops, and managed detection and response firm Rotate. All three companies have roots in Israel, though Rotate is headquartered in California. Check Point stated, "These acquisitions are not isolated investments; they are part of a broader strategy to secure the AI-powered enterprise end to end."
Sunnyvale, California-based cybersecurity company Proofpoint has acquired AI security and governance provider Acuvity (also based in Sunnyvale). Proofpoint says the "acquisition further strengthens Proofpoint’s platform with AI-native visibility, governance, and runtime protection for AI and agent-driven workflows."
San Francisco-based AI agent identity and access platform Keycard has acquired coding agent governance provider Anchor.dev. Ian Livingstone, co-founder and CEO of Keycard, stated, "Keycard's focus on agent identity combined with Anchor’s experience in developer infrastructure puts us in a unique position to help unlock the potential of autonomous coding agents."
Palo Alto, California-based application security company Endor Labs has acquired cloud-native application security company Autonomous Plane. Endor says the acquisition "expands Endor Labs' AI-native application security platform to deliver full-stack reachability across applications and container images, helping organizations dramatically improve vulnerability prioritization and secure modern, AI-generated software."
Leesburg, Virginia-based cybersecurity and intelligence company Quantum Leap has acquired Veros Technologies, a Reston-based company that provides cybersecurity services and communications solutions to the intelligence community and the Department of War. Jim Miller, CEO of Quantum Leap, stated, "Veros’ exceptional talent, unique capabilities, and shared focus on delivering outcomes for the nation’s most consequential national security missions make this a natural strategic fit. Bringing together these two leading teams creates a one-of-a-kind capability offering in the cyber domain that enables us to have an even larger impact with our customers."
Executive moves.
Cyera has hired Brandon Sweeney as President and Shira Azran as Chief Legal Officer, and promoted Joseph Iantosca to Chief Financial Officer and Sharon Shaked to Chief People Officer.
One Identity has appointed Michael Henricks as Chief Financial and Operating Officer. Henricks most recently served as CEO at Momentive Software.
KnowBe4 has named Kelly Morgan as Chief Customer Officer. Morgan most recently served as Chief Customer Officer at DocuSign.
SecurityScorecard has named Amy Suchanek-Vacca as its new Chief People Officer. Suchanek-Vacca previously served as Chief People Officer at DataRobot.
NightDragon has appointed Jim Rabuck as Vice President of Business Development, National Security and Defense. Rabuck previously served as Director of DoDx at the Defense Innovation Unit.
Tanium has unified its Canadian sales operations under a nationally led structure with the appointment of Adam Ostopowich as country manager for Canada.
Silverfort has appointed Joseph Schramm as Vice President of Global Channel. Schramm previously served as Vice President, Americas Partners, at Saviynt.
DryRun Security has added cybersecurity entrepreneur Andrew Peterson to its board of directors.