Weekly Cybersecurity Deal Dashboard (September 30 – October 6) ? Highlighted Financing Activity -Harmonic Security, a provider of zero-touch data protection solutions for AI, raised $18M in Series A funding led by Next47 -MarqVision (YC S21), a provider of online brand protection services, raised $16M in Early Stage funding from investors including Altos Ventures and QuantumLight -AMLYZE, a provider of regtech and anti-financial crime solutions, raised $3M in Seed funding led by Practica Capital -Eon.io, a provider of cloud backup solutions, emerged from stealth and announced that they raised a combined $127M in Seed, Series A, and Series B funding in 2024, including a $20M Seed round led by Sequoia Capital, a $30M Series A led by Lightspeed, and a $77M Series B round led by Greenoaks -Thero6, a developer of cybersecurity algorithms analyzing user behavior for blockchain platforms, raised $6M in Seed funding from undisclosed investors -Apono, a developer of a cloud access security platform, raised $16M in Series A funding led by New Era Capital Partners -Neeve, a provider of secure edge and zero-trust security solutions for OT environments and smart buildings, raised $15M in Later Stage funding from Cantor Fitzgerald and RXR -XmoreAI, a developer of a cybersecurity platform to consolidate multiple cyber tools into an AI-driven solution, raised an undisclosed amount of Early Stage funding from reAlpha AI Labs Highlighted M&A Activity -ClearSale, a provider of ecommerce fraud protection solutions, was acquired by Experian for $350M -Prevalent - Third-Party Risk Management, a provider of third party risk management solutions, was acquired by Mitratech for an undisclosed amount -Strong-IT GmbH, a provider of security consulting services, was acquired by VINCI Energies for an undisclosed amount -Network Perception, a provider of network security solutions in OT environments, was acquired by Dragos, Inc. for an undisclosed amount -Applied Insight, LLC, a provider of defensive cyber security services and advisory solutions, was acquired by CACI International Inc for an undisclosed amount -Muninn, a provider of network detection and response solutions, was acquired by Logpoint for an undisclosed amount -Arrka, a provider of data privacy solutions, was acquired by Persistent Systems for an undisclosed amount Altitude Cyber, Dino B., Adam Jasmin, Samuel Cook, John Gould
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We're coming off of another solid week of activity, with AI Security, Data Security, and Security Services leading the way on financings and M&A. ? Highlighted Financing Activity -Harmonic Security, a provider of zero-touch data protection solutions for AI, raised $18M in Series A funding led by Next47 -MarqVision (YC S21), a provider of online brand protection services, raised $16M in Early Stage funding from investors including Altos Ventures and QuantumLight -AMLYZE, a provider of regtech and anti-financial crime solutions, raised $3M in Seed funding led by Practica Capital -Eon.io, a provider of cloud backup solutions, emerged from stealth and announced that they raised a combined $127M in Seed, Series A, and Series B funding in 2024, including a $20M Seed round led by Sequoia Capital, a $30M Series A led by Lightspeed, and a $77M Series B round led by Greenoaks -Thero6, a developer of cybersecurity algorithms analyzing user behavior for blockchain platforms, raised $6M in Seed funding from undisclosed investors -Apono, a developer of a cloud access security platform, raised $16M in Series A funding led by New Era Capital Partners -Neeve, a provider of secure edge and zero-trust security solutions for OT environments and smart buildings, raised $15M in Later Stage funding from Cantor Fitzgerald and RXR -XmoreAI, a developer of a cybersecurity platform to consolidate multiple cyber tools into an AI-driven solution, raised an undisclosed amount of Early Stage funding from reAlpha AI Labs Highlighted M&A Activity -ClearSale, a provider of ecommerce fraud protection solutions, was acquired by Experian for $350M -Prevalent - Third-Party Risk Management, a provider of third party risk management solutions, was acquired by Mitratech for an undisclosed amount -Strong-IT GmbH, a provider of security consulting services, was acquired by VINCI Energies for an undisclosed amount -Network Perception, a provider of network security solutions in OT environments, was acquired by Dragos, Inc. for an undisclosed amount -Applied Insight, LLC, a provider of defensive cyber security services and advisory solutions, was acquired by CACI International Inc for an undisclosed amount -Muninn, a provider of network detection and response solutions, was acquired by Logpoint for an undisclosed amount -Arrka, a provider of data privacy solutions, was acquired by Persistent Systems for an undisclosed amount Altitude Cyber, Adam Jasmin, Samuel Cook, John Gould
Weekly Cybersecurity Deal Dashboard (September 30 – October 6) ? Highlighted Financing Activity -Harmonic Security, a provider of zero-touch data protection solutions for AI, raised $18M in Series A funding led by Next47 -MarqVision (YC S21), a provider of online brand protection services, raised $16M in Early Stage funding from investors including Altos Ventures and QuantumLight -AMLYZE, a provider of regtech and anti-financial crime solutions, raised $3M in Seed funding led by Practica Capital -Eon.io, a provider of cloud backup solutions, emerged from stealth and announced that they raised a combined $127M in Seed, Series A, and Series B funding in 2024, including a $20M Seed round led by Sequoia Capital, a $30M Series A led by Lightspeed, and a $77M Series B round led by Greenoaks -Thero6, a developer of cybersecurity algorithms analyzing user behavior for blockchain platforms, raised $6M in Seed funding from undisclosed investors -Apono, a developer of a cloud access security platform, raised $16M in Series A funding led by New Era Capital Partners -Neeve, a provider of secure edge and zero-trust security solutions for OT environments and smart buildings, raised $15M in Later Stage funding from Cantor Fitzgerald and RXR -XmoreAI, a developer of a cybersecurity platform to consolidate multiple cyber tools into an AI-driven solution, raised an undisclosed amount of Early Stage funding from reAlpha AI Labs Highlighted M&A Activity -ClearSale, a provider of ecommerce fraud protection solutions, was acquired by Experian for $350M -Prevalent - Third-Party Risk Management, a provider of third party risk management solutions, was acquired by Mitratech for an undisclosed amount -Strong-IT GmbH, a provider of security consulting services, was acquired by VINCI Energies for an undisclosed amount -Network Perception, a provider of network security solutions in OT environments, was acquired by Dragos, Inc. for an undisclosed amount -Applied Insight, LLC, a provider of defensive cyber security services and advisory solutions, was acquired by CACI International Inc for an undisclosed amount -Muninn, a provider of network detection and response solutions, was acquired by Logpoint for an undisclosed amount -Arrka, a provider of data privacy solutions, was acquired by Persistent Systems for an undisclosed amount Altitude Cyber, Dino B., Adam Jasmin, Samuel Cook, John Gould
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Weekly Cybersecurity Deal Dashboard (October 21 – October 27) ? ?Highlighted Financing Activity -Authologic, a developer of a digital identity verification platform, raised $8M in Series A funding led by OpenOcean -Concentric AI, a provider of data security posture management solutions, raised $45M in Series B funding led by HarbourVest Partners and Top Tier Capital Partners -Interos Inc, a provider of AI-powered supply chain risk intelligence solutions, raised $40M in Growth funding from Blue Owl Capital -Cyber Guru, a developer of a cybersecurity awareness & training platform, raised $25M in Series B funding led by Riverside Acceleration Capital -OLOID, a provider of identity & access management technology, raised $6M in Series A1 funding led by investors including Yaletown Partners, among others -adCAPTCHA, a security verification platform to protect against bots online, raised $1M in Early Stage funding from undisclosed investors -Socket, a developer-first security platform built to protect code from vulnerable and malicious dependencies, raised $40M in Series B funding led by Abstract Ventures -Reality Defender, a developer of a deepfake and AI-generated media detection platform, raised $33M in a Series A extension round led by Illuminate Financial -Stream.Security, a provider of cloud detection and response solutions, raised $30M in Series B funding from investors including Cervin Ventures -Qpoint, a provider of eBPF technology to safeguard application dependencies and data, raised $4M in Pre-Seed funding led by Mango Capital Highlighted M&A Activity -Effectiv, a developer of a real-time decision-making platform to manage risk and prevent fraud, was acquired by Socure for $136M -Dionach, a provider of cybersecurity services, was acquired by Nomios for an undisclosed amount -Harbor Networks, a provider of managed security services, was acquired by Worklyn Partners for an undisclosed amount -Bridge Security Advisors LLC, a provider of services spanning cloud security, GRC, and IAM, was acquired by RKON Technologies for an undisclosed amount -Secureworks, a provider of threat hunting, MDR, XDR, Consulting, and professional services, was acquired by Sophos for $859M If you would like to receive monthly updates on trends in cybersecurity strategic activity, public markets updates, industry news, conferences, & more, consider subscribing to Altitude Cyber’s monthly newsletter here: https://lnkd.in/gSdYR8pS Altitude Cyber, Dino B.., Adam Jasmin, Samuel Cook, John Gould
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Weekly Cybersecurity Deal Dashboard (October 21 – October 27) Highlighted Financing Activity -Authologic, a developer of a digital identity verification platform, raised $8M in Series A funding led by OpenOcean -Concentric AI, a provider of data security posture management solutions, raised $45M in Series B funding led by HarbourVest Partners and Top Tier Capital Partners -Interos Inc, a provider of AI-powered supply chain risk intelligence solutions, raised $40M in Growth funding from Blue Owl Capital -Cyber Guru, a developer of a cybersecurity awareness & training platform, raised $25M in Series B funding led by Riverside Acceleration Capital -OLOID, a provider of identity & access management technology, raised $6M in Series A1 funding led by investors including Yaletown Partners, among others -adCAPTCHA, a security verification platform to protect against bots online, raised $1M in Early Stage funding from undisclosed investors -Socket, a developer-first security platform built to protect code from vulnerable and malicious dependencies, raised $40M in Series B funding led by Abstract Ventures -Reality Defender, a developer of a deepfake and AI-generated media detection platform, raised $33M in a Series A extension round led by Illuminate Financial -Stream.Security, a provider of cloud detection and response solutions, raised $30M in Series B funding from investors including Cervin Ventures -Qpoint, a provider of eBPF technology to safeguard application dependencies and data, raised $4M in Pre-Seed funding led by Mango Capital In case you missed the recap of last week's strategic cyber activity, see below! Highlighted M&A Activity -Effectiv, a developer of a real-time decision-making platform to manage risk and prevent fraud, was acquired by Socure for $136M -Dionach, a provider of cybersecurity services, was acquired by Nomios for an undisclosed amount -Harbor Networks, a provider of managed security services, was acquired by Worklyn Partners for an undisclosed amount -Bridge Security Advisors LLC, a provider of services spanning cloud security, GRC, and IAM, was acquired by RKON Technologies for an undisclosed amount -Secureworks, a provider of threat hunting, MDR, XDR, Consulting, and professional services, was acquired by Sophos for $859M If you would like to receive monthly updates on trends in cybersecurity strategic activity, public markets updates, industry news, conferences, & more, consider subscribing to Altitude Cyber’s monthly newsletter here: https://lnkd.in/gSdYR8pS
Weekly Cybersecurity Deal Dashboard (October 21 – October 27) ? ?Highlighted Financing Activity -Authologic, a developer of a digital identity verification platform, raised $8M in Series A funding led by OpenOcean -Concentric AI, a provider of data security posture management solutions, raised $45M in Series B funding led by HarbourVest Partners and Top Tier Capital Partners -Interos Inc, a provider of AI-powered supply chain risk intelligence solutions, raised $40M in Growth funding from Blue Owl Capital -Cyber Guru, a developer of a cybersecurity awareness & training platform, raised $25M in Series B funding led by Riverside Acceleration Capital -OLOID, a provider of identity & access management technology, raised $6M in Series A1 funding led by investors including Yaletown Partners, among others -adCAPTCHA, a security verification platform to protect against bots online, raised $1M in Early Stage funding from undisclosed investors -Socket, a developer-first security platform built to protect code from vulnerable and malicious dependencies, raised $40M in Series B funding led by Abstract Ventures -Reality Defender, a developer of a deepfake and AI-generated media detection platform, raised $33M in a Series A extension round led by Illuminate Financial -Stream.Security, a provider of cloud detection and response solutions, raised $30M in Series B funding from investors including Cervin Ventures -Qpoint, a provider of eBPF technology to safeguard application dependencies and data, raised $4M in Pre-Seed funding led by Mango Capital Highlighted M&A Activity -Effectiv, a developer of a real-time decision-making platform to manage risk and prevent fraud, was acquired by Socure for $136M -Dionach, a provider of cybersecurity services, was acquired by Nomios for an undisclosed amount -Harbor Networks, a provider of managed security services, was acquired by Worklyn Partners for an undisclosed amount -Bridge Security Advisors LLC, a provider of services spanning cloud security, GRC, and IAM, was acquired by RKON Technologies for an undisclosed amount -Secureworks, a provider of threat hunting, MDR, XDR, Consulting, and professional services, was acquired by Sophos for $859M If you would like to receive monthly updates on trends in cybersecurity strategic activity, public markets updates, industry news, conferences, & more, consider subscribing to Altitude Cyber’s monthly newsletter here: https://lnkd.in/gSdYR8pS Altitude Cyber, Dino B.., Adam Jasmin, Samuel Cook, John Gould
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Snowflake Warns: Targeted Credential Theft Campaign Hits Cloud Customers Cloud computing and analytics company Snowflake said a "limited number" of its customers have been singled out as part of a targeted campaign. "We have not identified evidence suggesting this activity was caused by a vulnerability, misconfiguration, or breach of Snowflake's platform," the company said in a joint statement along with CrowdStrike and Google-owned Mandiant. "We have not identified evidence suggesting this activity was caused by compromised credentials of current or former Snowflake personnel." It further said the activity is directed against users with single-factor authentication, with the unidentified threat actors leveraging credentials previously purchased or obtained through information-stealing malware. "Threat actors are actively compromising organizations' Snowflake customer tenants by using stolen credentials obtained by infostealing malware and logging into databases that are configured with single factor authentication," Mandiant CTO Charles Carmakal said in a post on LinkedIn. Snowflake is also urging organizations to enable multi-factor authentication (MFA) and limit network traffic only from trusted locations. The U.S. Cybersecurity and Infrastructure Security Agency (CISA), in an alert issued on Monday, recommended organizations follow the guidance outlined by Snowflake to hunt for signs of unusual activity and take steps to prevent unauthorized user access. A similar advisory from the Australian Signals Directorate's Australian Cyber Security Centre (ACSC) warned of "successful compromises of several companies utilizing Snowflake environments." Some of the indicators include malicious connections originating from clients identifying themselves as "rapeflake" and "DBeaver_DBeaverUltimate." The development comes days after the company acknowledged that it has observed a spike in malicious activity targeting customer accounts on its cloud data platform.
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Learn how Ireland’s first technological university modernized its IT security with CyberArk. https://lnkd.in/dUsanpuX #IdentitySecurity #HybridCloud #cybersecurity
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Data breaches are on the rise ?? This year alone, numerous companies have faced significant breaches, underscoring the critical need for robust cybersecurity measures. At Cloud Ingenuity, we recognize that the security of your data and systems is paramount - this is a responsibility we take very seriously. Let's work together to create a safer, more secure digital landscape. Read More Here: https://lnkd.in/gRu7vgZQ #CyberSecurity #DataProtection #TechTrends #BusinessSecurity #YourOrganizationName
Data Breaches That Have Happened in 2024 So Far - Updated List
tech.co
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Learn how Ireland’s first technological university modernized its IT security with CyberArk. https://lnkd.in/g_yQWZbA #IdentitySecurity #HybridCloud #cybersecurity #cybersecurity #HybridCloud #IdentitySecurity #cybersecurity #IdentitySecurity #cybersecurity
Technological University Dublin Implements New Identity Security Approach in Hybrid Environment Using CyberArk
https://www.cyberark.com
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Identity Management and Information Security News for the Week of April 5; Black Kite, ColorTokens, Proficio, and More - Solutions Review: Identity Management and Information Security News for the Week of April 5; Black Kite, ColorTokens, Proficio, and More??Solutions Review #CyberSecurity #InfoSec #SecurityInsights
Google News
https://solutionsreview.com/security-information-event-management
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As organizations increasingly rely on APIs for digital transformation, they face escalating cybersecurity risks. A recent report from the Marsh McLennan Cyber Risk Intelligence Center reveals a concerning trend: API vulnerabilities and automated bot abuse are now deeply interconnected. With API-related security incidents rising 40% in 2022 and bot attacks surging 88%, businesses are losing billions annually—up to $87 billion from API insecurity and $116 billion from bot attacks. The impact on companies is profound. These incidents can lead to significant financial losses, operational disruptions, and reputational damage, undermining customer trust. Furthermore, large enterprises face greater risks due to their complex digital infrastructures, managing hundreds or thousands of APIs, which creates vulnerabilities that can be exploited. To combat these threats, organizations must foster collaboration between development and security teams, implement comprehensive API monitoring, and integrate bot management with API security. Inaction could lead to substantial financial and reputational harm, emphasizing the urgent need for robust security strategies to safeguard sensitive data in an increasingly digital world.
Vulnerable APIs and Bot Attacks Costing Businesses Up to $186 Billion Annually
thehackernews.com
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The Company’s Workload IAM Platform Was Also Shortlisted for Best Authentication Technology, as Non-Human Identity Security Gains Urgency Aembit, the leading non-human identity and access management (IAM) company, has been recognized as a 2024 SC Award finalist in the Trust Award categories for Best Identity Management Solution and Best Authentication Technology. Stay connected to Aashay Gupta, CISM, GCP for content related to Cybersecurity. ? #LinkedIn #Cybersecurity #Cloudsecurity #AWS #GoogleCloud #Trends #informationprotection #Cyberthreats #CEH #ethicalhacker #hacking #cloudsecurity #productmanagement #cybersecurity #appsec #devsecops
Aembit Named Finalist in Best Identity Management Solution for 2024 SC Awards
https://cybersecuritynews.com
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