At a glance.
- Fortress raises $125 million.
- ThreatLocker secures $100 million in Series C round.
Investments and exits.
Orlando, Florida-based supply chain cybersecurity provider Fortress Information Security has received a $125 million strategic investment from Goldman Sachs Asset Management. The company stated, "This new investment will support Fortress’s mission of securing U.S. critical industries from cybersecurity and operational threats emanating from their supply chains."
Florida-based zero-trust endpoint security company ThreatLocker has raised $100 million in Series C funding led by General Atlantic, with support from existing investors Elephant VC and Arthur Ventures. The company stated, "With the new investment, ThreatLocker will focus on accelerating product innovation to bring the power of Zero Trust security to more organizations, hiring top talent and accelerating the company’s global expansion."
London-based fraud prevention company SEON has raised $94 million in Series B funding, in part by IVP and Creandum. The company has put together an action plan for the funding, stating that they are: "Making SEON better, faster, bringing our team closer to you, putting our tech at the disposal of small retailers, and supercharging our real-time data enrichment."
Newport Beach, California-based SaaS Security and Posture Management (SSPM) company Obsidian Security has raised $90 million in Series C funding, led by Menlo Ventures, Norwest Venture Partners and IVP, with participation from existing investors Greylock, Wing and GV. Obsidian Security CEO Hasan Iman stated, "We’re not only enabling security teams to detect more threats and proactively improve their security posture, we’re bringing together all the stakeholders in SaaS adoption — application vendors, lines of business, security and IT operations — to create a shared-responsibility model for SaaS security. The need for this is exemplified by the recent breach at Okta. We’re honored to have investment partners like Menlo, Norwest and IVP join us in our mission."
New York-based automated SaaS data security company DoControl has raised $30 million in Series B funding, led by Insight Partners with participation from existing investors, including StageOne Ventures, Cardumen Capital, RTP Global, and CrowdStrike's early stage investment fund, the CrowdStrike Falcon Fund. The company says that the funding will "help the company scale its SaaS data security innovations, launch strategic channel and partnership programs, and supercharge its global growth."
Washington, D.C.-based startup Prelude, a company helping organizations harden their cyber defenses, has secured $24 million in Series A funding, led by Sequoia Capital and backed by a number of investors including Insight Partners, IA Ventures, Four Rivers and Rise of the Rest. The company says that the funding "will be used to accelerate the development of its platform and expand its team of security engineers."
Alexandria, Virginia-based enterprise microservices provider greymatter.io Inc. has secured $7.1 million in Series A funding, led by Elsewhere Partners. The company stated, "the funding will fuel greymatter.io’s global growth as demand intensifies for its comprehensive microservices platform, which includes service mesh and API management for enterprise-scale IT environments."
Newport Beach, California-based Impervious Technologies Inc., a company specializing in building the Peer-to-Peer (P2P) internet standard, has announced the close of their seed financing round, with contributions from CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN-31 and others. The company stated that it plans to use the funds "to scale its rapidly growing team and attract the best talent across the systems engineering, mobile and Bitcoin ecosystems."
Gigamon CEO Paul Hooper is stepping down after 10 years with the company, to be replaced by Shane Buckley. Hooper stated, “As President and Chief Operating Officer (COO), Shane demonstrated his abilities as a world-class executive by co-leading the company through both highly successful quarters in parallel with navigating the challenges of the global pandemic. I am confident in passing the torch to Shane as I believe this marks an appropriate time for a transition in leadership as the company embarks on its next growth phase. I am leaving the company in good hands with a trusted, proven leader and friend.” Hooper will remain on the Board of Directors.
Cloudflare has hired Wendy Komadina as the Asia Pacific, Japan, and China (APJC) lead. Komadina was formerly the director of Asia Pacific and Japan channel programs and lead acceleration at Amazon Web Services (AWS).
Valimail has announced that they have expanded their leadership team, adding Brian Craig as the new VP of Product, Kuldip Pabla as the new VP of Engineering, and promoting Seth Blank to Chief Technology Officer.
- Jim Reavis, founder and CEO of Cloud Security Alliance
- Jon Callas, co-founder and Founding CTO of PGP
- Izak Mutlu, founding member and board of directors member of the Bay Area CSO Council
- Robert Rodriguez, chairman and founder at Security Innovation Network
- Kurt John, CISO of Siemens