At a glance.
- Securonix raises $ 1 billion in investment round growth.
- Cloudflare acquired Vectrix.
Mergers and acquisitions.
Cloudflare acquired San Francisco -based vulnerability mitigation company Vectrix. Cloudflare said, “Vectrix has enhanced Cloudflare’s existing Zero Trust platform, Cloudflare One, by allowing security teams to scan third-party tools – including Google Workspace, GitHub, and AWS –To identify and minimize issues such as inappropriate file sharing and incorrect user permission configuration. “
Australian cybersecurity services firm CyberCX has acquired New Zealand-based managed security services provider Cyber Research NZ. According to CRN, the company said that “adding Cyber Research to its fold will strengthen its trans-Tasman position, which will enhance its presence in NZ businesses and Government.”
Investments and exits.
Addison, Texas -based Securonix received more than $ 1 billion in a growth investment round led by Vista Equity Partners, with participation from Volition Capital and Eight Roads Ventures. The company said, “The new funding allows Securonix to make significant investments in global talent acquisition, adding senior leaders in engineering, cloud operations, threats labs, and sales and marketing. As a Vista portfolio company , Securonix will benefit from its industry expertise along with next -generation SaaS companies and a broad ecosystem to help expand operations and accelerate product innovation. ” Securonix CEO and co-founder Sachin Nayyar added, “We pioneered User Entity Behavior Analytics (UEBA) using an analytics-centric security monitoring approach, extended to next gen SIEM with scalable cloud-native architecture, and introduced Open XDR and SOAR capabilities to deliver a true end-to-end fabric of security operations for threat detection and response.Our goal is to extend this to the application layer and to the OT and IoT. “
Palo Alto, California-based API security company Salt Security raised $ 140 million in a Series D round led by CapitalG, with participation from all existing investors. The company said it “will use the additional capital to expand investment in R&D, fuel sales and marketing, and grow its international operations more quickly to address the growing number of cyber threats targeting API. “
Manchester, UK-based bot mitigation firm Netacea raised $ 12 million in a Series A round. The company said, “Also a long-term supporter of Mercia Asset Management, investors include Rupert Cook, Chairman, Netacea; Gerhard Watzinger, Chairman, Crowdstrike; Marcin Kleczynski, CEO, Malwarebytes; Alex Eckelberry; NED, Malwarebytes and Former Non-Malwarebytes Executive Director, KnowBe4; and John Viega former CEO, Capsule8. ” Netacea said, “The funding will allow Netacea to expand its presence in the UK and US, where the business sees huge opportunity for growth. Netacea’s presence in the US has grown rapidly over the past few months. , which has gained several big name customers including Shutterstock, and this growth is supported by a channel program and U.S. leadership team.Half of Netacea’s sales team is now based in the U.S. and has plans for scale As well as expanding its U.S. reach, Netacea will expand its technical team, specifically in development, data science, data analysis and threat research. “
Boston-based digital fraud prevention firm Allure Security raised $ 6.8 million in a seed round led by Gutbrain Ventures, with participation from PBJ Capital, Impellent Ventures, and current investors Glasswing Ventures, Zetta Venture Partners, and Portage Partners. The company said it “will use the capital to accelerate market -going activities, grow its team, and continue product innovations.”
Israeli SaaS business application security startup Canonic Security came out of stealth with $ 6 million in seed funding from First Round Capital, Elron Ventures, SV Angel, and Operator Partners. The company said, “Canonic Security is led by cybersecurity industry veterans CEO Boris Gorin and CTO Niv Steingarten. Prior to Canonic Security, Gorin led the world’s first large-scale SaaS threat detection operation since on the idea until the adoption of thousands of businesses while at Proofpoint.Niv Steingarten joined Canonic Security from OverOps, where he was co-founder and vice president of engineering, leading the design and development of one among the industry’s first Application Performance Analysis solutions. Canonic currently employs more than thirty professionals with numerous cyber researchers and engineers coming from leading security companies such as PerimeterX, Sygnia and Proofpoint. “
Los Gatos, California-headquartered data privacy company Titaniam raised $ 6 million in a seed funding round led by Refinery Ventures, with participation from Fusion Fund and Shasta Ventures. The company said it “will use the proceeds from this round of funding to support an aggressive expansion of sales and additional product innovations.”
Executive motions.
ExtraHop has named Patrick Dennis as its new CEO, following the retirement of the company’s former CEO Arif Kareem. Dennis most recently served as President and CEO at Alvaria.
DomainTools hired Ben April as Chief Architect, Dr. Sean McNee as Chief Technology Officer, Chris Nelson as Chief Revenue Officer, and Daniel Schwalbe as Chief Information Security Officer and Vice President of Information Technology.
Parry Labs has appointed Mark Shepardson as Chief Technology Officer. Shepardson previously served as Director of Capture Strategy for Palantir’s Federal business.
Appgate hired Leo Taddeo as Chief Information Security Officer and President of the company’s Federal Division. Taddeo recently served as CISO at Cyxtera.
Zscaler appointed Heng Mok as CISO for Asia Pacific. Mok previously served as CISO at AGL Australia.
Axis Security has named Joe Mattioli as Chief Revenue Officer. Mattioli previously served as VP of Emerging Technology Sales at CrowdStrike.
Aura hired Jose Malpartida as Chief Product Officer.
Deep Instinct hired Yariv Fishman as Vice President of Product and Ofir Arkin as Vice President of Research & Development.
Optus has appointed former New South Wales Premier Gladys Berejiklian as Managing Director of Enterprise, Business, and Institutional, CRN reports.
Socure hired Brendan Peter as VP of Government Relations. Peter previously served as Head of U.S. Government Relations for Seagate Technology.
BlackFog hired David Schnurstein as Director of Threat Intelligence. Schnurstein previously served as Captain and Commander of the Emergency Communications, Records and Technology Division with the Grand Rapids, Michigan Police Department.
NTT Research appointed Dr. Elette Boyle as a senior scientist in its Cryptography & Information Security (CIS) Lab.
Aqua Security appointed Jeannette Lee Heung as Senior Director of Global Channels and Alliances, Christopher Gaba as Vice President of Sales, East, and Jeffrey Webb as Vice President of Sales, West.
KnowBe4 promoted Dan Duckworth as VP of Global Diversity & Engagement.
BigID added Sigal Zarmi to its board of advisors.
Nucleus Security added Andrew Peterson to its advisory board.
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