🚀 LATEST FUNDING/M&A IN CYBERSECURITY 🚀
Picus Security: A pioneer in the Breach Attack Simulation space helping companies improve their Cyber resilience has secured $45m in a Series C funding round. Riverwood Capital, a prolific enterprise investor, is leading the investment. Previous backer Earlybird Venture Capital- Digital East Fund also participated in the round. Picus was founded by 3 mathematicians from Turkey, and since 2012, they have picked up more than 500 enterprise customers and simulating some 1 billion cyberattacks for the likes of Mastercard, Visa, Vodafone and the banking giant ING.
Cybord: An Israeli AI startup tackling computer vision algorithms to identify counterfeit parts before they are assembled, aiming to reduce defects, recalls, and financial losses that have been rising significantly. Cybord specializes in AI-driven visual solutions for the electronic component supply chain. The business has raised $8.7m in Series A funding led by Capri Ventures, with participation from Ocean Azul Partners, IL Ventures (ILVP Fund LP), NextLeap Ventures, and several new and existing investors.
BLACKCLOAK: A pioneer in Digital Executive Protection for executives and senior leaders, high-net-worth individuals, and family offices, announced the successful close of its $17M Series B funding round. The round was led by Baird Capital with significant strategic investments from Blue Heron Capital and with continued support from existing investors, including TDF Ventures and TechOperators.
RunSafe Security Inc. Security: A pioneer of a patented process to immunize software from cyberattacks without developer friction, announced the successful completion of a $12 million Series B financing round. The round was led by Critical Ventures and SineWave Ventures Partners also includes BMW i Ventures, Working Lab Capital, Lockheed Martin Ventures, Hyperlink Ventures, Iron Gate Ventures, Alsop Louie Partners, and NextGen Venture Partners.
Intezer: A leader in AI-powered technology for autonomous security operations, announced it has raised $33 million in Series C funding bringing its total capital raised to $60M. The funding round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen, founder of CyberArk.
EasyDMARC: An email security firm, has secured $20 million in Series A funding. The funding round was led by New York-based firm Radian Capital. The investment marks a significant milestone for the company, as it continues to expand its operations and strengthen its position in the global email security space.
Congrats to all involved! 👨🎤 👩🎤
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