Investments and insights.
$220M RAISED | 2 DEALS | 2 COUNTRIES
- Sentra has secured $150 million in a strategic capital investment led by Capital One Ventures.
- &Truth, a public benefit corporation providing formal verification for software security, has emerged from stealth with $70 million in seed funding.
Israeli agentic data security company Sentra has secured $150 million in a strategic capital investment led by Capital One Ventures. The company says it will “expand its go-to-market by scaling its field and channel programs, growing its brand and marketing, and entering new geographies.”
Palo Alto, California-based &Truth, a public benefit corporation providing formal verification for software security, has emerged from stealth with $70 million in seed funding from “a group of formative AI safety and venture capital leaders.”
Mergers and acquisitions.
8 DEALS | 4 COUNTRIES
- CrowdStrike is acquiring Palo Alto, California-based AI observability company Fiddler AI for $400 million and Montana-based AI security testing platform Dreadnode for $95 million.
- Doppel has acquired San Francisco-based PropRise, a company that built an AI platform for the commercial real estate industry.
- Bendings has acquired vulnerability research firm Scopertos for $55 million.
- Cognition has acquired AI code security company Corridor.
- Katalyst has acquired South Carolina-based MSSP Bluetowne.
- KNAV has acquired Florida-based cybersecurity IT audit and cybersecurity assessment company Fastrics.
- Alchemy Technology Group has acquired Dallas-based cybersecurity solutions provider Freeit Data Solutions.
- Previder has acquired UK-based MSSP Wanstor.
CrowdStrike is acquiring Palo Alto, California-based AI observability company Fiddler AI for $400 million and Montana-based AI security testing platform Dreadnode for $95 million, the Wall Street Journal reports. CrowdStrike says “Fiddler will bring pre-deployment evaluation, continuous behavioral accountability, and agent explainability to the Falcon platform,” while Dreadnode “will extend the Falcon platform to continuously test every AI model, application, and agent for security weaknesses before deployment.”
Covina, California-headquartered social engineering defense platform Doppel has acquired San Francisco-based PropRise, a company that built an AI platform for the commercial real estate industry. Doppel is adding PropRise co-founders Jean-Michael Diei and Matthew Krager to its engineering team. Jean-Michael Diei, co-founder and CEO of PropRise, stated, “We’ve spent the last three years innovating at the frontier of agentic AI for commercial real estate, serving leading REITs and real estate investment firms. As cybersecurity threats grow increasingly complex, we see an enormous opportunity to bring that experience to a new generation of agentic defense solutions.”
New York-headquartered penetration testing company Bendings has acquired vulnerability research firm Scopertos for $55 million. Bendings stated, “The entire Scopertos team, including its founder, has joined Bendings. The team forms the core of Bendings Labs, the firm's vulnerability research division. Scopertos ran an isolated research lab to validate its findings, and that lab now operates as part of Bendings Labs.”
San Francisco-headquartered software development security provider Cognition has acquired AI code security company Corridor (also based in San Francisco). Corridor co-founders Jack Cable and Ashwin Ramaswami said in a statement, “We’re especially excited to join forces with Russell Kaplan, Cognition’s President and one of our earliest advisors, and to work together with Alex Stamos, Cognition CSO, once again.”
North Carolina-based managed service provider Katalyst has acquired South Carolina-based MSSP Bluetowne. The company stated, “Bluetowne brings deep engineering expertise across cybersecurity, cloud, and infrastructure, along with long-standing client relationships in the Architecture, Engineering & Construction (AEC) and renewable energy (wind, battery storage, and grid) sectors. The acquisition also expands Katalyst's presence in the Charleston market.”
Mumbai-headquartered accounting and advisory firm KNAV has acquired Florida-based cybersecurity IT audit and cybersecurity assessment company Fastrics. KNAV stated, “The acquisition adds 28 U.S.-based professionals to KNAV, expanding the firm’s technology consulting and managed services capabilities.”
Houston-based cybersecurity advisory firm Alchemy Technology Group has acquired Dallas-based cybersecurity solutions provider Freeit Data Solutions. The company stated, “The acquisition enhances Alchemy’s presence in Texas and strengthens its capabilities across security and compliance, hybrid cloud, backup and protection, storage and hyperconvergence, virtual desktop infrastructure, data archiving, and consulting services. Freeit’s strong focus on state, local, and education customers adds depth to Alchemy’s ability to serve SLED organizations, while extending its reach across enterprise and midsize commercial businesses.”
Dutch managed service provider Previder has acquired UK-based MSSP Wanstor. Previder stated, “The acquisition supports Previder’s ambition to continue growing across North-West Europe. Following its expansion in the Netherlands, Belgium and Germany, the group is now extending its operations into the UK. This creates a broader international platform for sharing knowledge and expertise and enables Previder to support customers across borders, with local teams that remain close to their customers.”
Executive moves.
Armor has named Nicholas Lee as its new CEO. Lee previously served as CEO at Fujitsu Intelligence. Armor’s founder, Chris Drake, will become Chief Innovation Officer and continue to serve on the company’s board of directors.
GDIT has appointed Amy Johnson as President. Johnson has served at General Dynamics Mission Systems for 27 years, most recently as Vice President and General Manager for Space, Cyber and Intelligence.
Axonius has hired Thais Lima as Chief Revenue Officer and Lior Mozel as Chief Technology Officer. Thais most recently served as Senior Vice President of Global Sales at Twilio, while Lior served as Chief Engineering Officer at WEKA.
Glow has named Alex Patman as Chief Revenue Officer. Patman previously served as CRO at Drata.
Artemis Security has hired Arun Singh as Chief Growth Officer. Singh most recently served as Chief Marketing Officer at Drata.
Abnormal AI has hired Don Jeter as Chief Marketing Officer. Jeter most recently served as CMO of Torq.
DNSFilter has hired Justin Foster as Chief Technology Officer. Foster most recently served as CTO at Forescout.
Gong has appointed Liron Shtraichman as Chief R&D Officer and Guy Havusha as Chief Information Security Officer (CISO). Shtraichman previously led the global engineering organization at monday.com, while Havusha most recently served as Gong’s Vice President of Platform Security.
Parts Town Unlimited has named Jenifer White Visek as CISO. Visek most recently served as Managing Director at FTI Consulting.
UNFI has appointed Matthew Karnas as VP, CISO. Karnas has been serving as the company’s Interim CISO since May 2025.
Keyfactor has hired Gerald Beuchelt as CISO. Beuchelt has previously held executive roles at Sprinklr, LogMeIn, Demandware, and Acronis
Socure has named Kaivalya Gorla as Deputy CISO. Gorla most recently served as Staff Security and GRC Lead at Navan.
Bank of America has appointed Billy Matkovic as SVP Principal Engineer. Matkovic previously served as Principal Technologist at TD.
Cisco has promoted Eric Wenger to Vice President of Cyber and Emerging Tech Policy.
LogicGate has appointed Steve Smith as Managing Director for EMEA and Amanda Meglemre as General Counsel. Smith most recently served as SVP of International at NAVEX, while Meglemre previously served as General Counsel at Avalara.
Jazz has named Orr Weinstein as VP of Product. Weinstein previously served as VP of Product Management at Dash0.
Long Ridge Equity Partners has appointed Edna Conway as Resident Security & Risk Executive. Conway has served as a Growth Partner at the firm since 2019.
Known has added former Microsoft and Cisco Security executive Edna Conway to its advisory council.