A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – ENTERPRISE SECURITY
- Cloud security company, Illumio raised $125M in a Series D round led by J.P. Morgan Asset Management. Link
- Endpoint security Unicorn Tanium raised $100M in a Series E round led by PE firm TPG. Link
- CASB based cloud security provider NetSkope raised $100M in a Series E round co-led by LSVP and Accel. Link
- FIDO U2F based authentication provider, Yubico received $30M in a Series A round from NEA and others. Link
- Countertack, an endpoint security company raised $20M in a Series D round co-led by Singtel Innov8 and SAP NS2. Link
- mNAC & IoT security provider, Armis Security raised $17M in a Series A round co-led by Sequoia Capital and Tenaya Capital. Link
- MFA based IAM provider, Trusfort raised $13.1M in a Series B round led by SIG Japan. Link
- Sqrrl, a threat detection startup raised $12.3M in a Series C round led by Spring Lake Equity Partners. Link
- Third-party security risk assessment provider, RiskRecon received $12M in a Series A round led by Dell Technologies Capital. Link
- Open-source software security company, WhiteSource raised $10M in a Series B round led by 83North. Link
- Trusona, an anti-identity theft provider received $10M in a Series B round led by Microsoft Ventures. Link
- Stealth-mode cyber security startup leveraging AI & hybrid cloud raised $9.5M in a Series A funding led by Greylock Partners. Link
- An anti-fraud company, NetGuardians received $8.7M in a Series C round led by Swisscom. Link
- Predictive cyber security assessment provider, Balbix raised $8.6M in a Series A round led by Mayfield. Link
- Endpoint security company, Minerva Labs raised $8M in a Series A round from Amplify Partners and others. Link
- Data encryption company, Fortanix received $8M in a Series A round co-led by Foundation Capital and NeoTribe. Link
- Mobile biometrics-based authentication provider, AimBrain raised $5.1M in a Series A round led by BGF Ventures. Link
- WireTap, a BYOD security company closed $4.9M in a Series A round co-led by Draper Triangle Ventures and Ohio Innovation Fund. Link
- Threat intelligence provider, CybelAngel received $3.4M in a Series A funding round led by Serena Capital. Link
- Network security company, Panaseer raised $3.25M in a Series A round from Albion Ventures and other existing & new investors. Link
- Dark-net monitoring company, SpyCloud raised $2.5M in a Seed round co-led by Silverton Partners and March Capital Partners. Link
- Privileged IAM provider, Krypt received $1.2M in a Series A round led by Rough Draft Ventures. Link
- API security startup, Authlete raised $1.2M in a Seed funding round led by 500 Startups. Link
- Server security company, Virtual Software Systems raised $1M in a Seed round from an undisclosed investor. Link
- Entersekt, payment fraud prevention startup raised an undisclosed funding from Nedbank and AlphaCode. Link
- Deception-based network security startup, TrapX raised an undisclosed funding in a Series B round from existing investors. Link
- Intrusion simulation-based assessment provider, Threatcare raised undisclosed funding from Firebrand Ventures. Link
- Data encryption provider, Cyphre Security Solutions acquired by RigNet for an undisclosed amount. Link
- Honeywell announced to acquire Nextnine, an industrial cyber security provider in an undisclosed deal. Link
- Identity theft prevention company, ID Dogwatch signed a definitive agreement to be acquired by Equifax for an undisclosed amount. Link
- Microsoft acquired Hexadite, a cyber incident response provider startup in a $100M deal. Link
- Symantec acquired Watchful Software, a behavioral biometrics company in an undisclosed deal. Link
SOME INTERESTING STARTUPS FOUND
Groove ID (2017, Austin) – Early stage password-less IAM solution for user authentication.
Nsof Networks (2017, Tel Aviv) – Stealth mode cloud-native security & networking solution.
Elemendar (2017, Stourbridge) – AI based threat intelligence platform to transform manual threat report into feed.
Hyker (2017, Malmo) – Cloud-based data encryption, key distribution, and secure file transfer.
LEADER BOARD – ENTERPRISE SECURITY
Suite
Symantec (1982, Mountain View, IPO) – Enterprise security solution suite for enterprise & personal users. Went IPO in 1989.
Kaspersky (1997, Moscow, $200M) – Security solution suite for businesses and consumers, Backed by General Atlantic.
FireEye (2004, Milpitas, IPO) – Enterprise security solution for network, endpoint, mobile devices, email, and threat intelligence. Went IPO in 2013.
Network Security
Palo Alto Networks (2005, Santa Clara, IPO) – Advanced firewalls designed to provide network security, visibility and granular control of network activity. Went IPO in 2012.
Barracuda Networks (2002, Campbell, IPO) – Appliance based network threat detection solutions. Went IPO in 2013.
Zscaler (2008, San Jose, $148M) – Network traffic analysis for application profiling and cloud security. Backed by LSVP, Google Capital, TPG, EMC.
BYOD Security
Blackberry (1984, Waterloo, IPO) – Enterprise Mobility Management suite company. Went IPO in 1999.
Good Technology (1996, Sunnyvale, $522M, Acq.) – Enterprise mobility & security solution. Acquired by Blackberry in 2015.
Lookout (2007, SF, $284M) – Mobile security against zero-day threats. Backed by Accel, A16Z, Greylock.
Airwatch (2003, Atlanta, $225M, Acq.) – Enterprise mobility management & security for BYOD. Acquired by Vmware in 2014.
Endpoint Security
Qihu 360 Software (2005, Beijing, $575M) – Anti-virus solution for desktop, laptop, and mobile devices. Backed by Sequoia, HCP, CDH Fund, IDVC, Matrix Partners, Redpoint.
Tanium (2007, Berkeley, $401.5M) – Helps manage and secure enterprise endpoints. Backed by A16Z, TPG, IVP, Franklin Templeton.
Crowdstrike (2011, Irvine, $256M) – Cloud and machine-learning based endpoint security platform. Backed by Accel Partners, Rackspace, Telstra, CaiptalG.
AVG (1991, Amsterdam, Acq.) – Anti-virus solution on endpoint devices for online security. Acquired by Avast in 2016.
Cloud Security
Illumio (2013, Sunnyvale, $267M) – Visibility and control over workloads running in any data center. Backed by Accel, A16Z.
Netskope (2012, Los Altos, $231M) – Cloud access security broker solution for the enterprise. Backed by LSVP, Accel, Social+Capital Partnership, Iconic Capital.
Armor Defense (2009, Richardson, $149M) – Cloud infrastructure security & secure cloud hosting service. Backed by The Stephens Group, Performance Edge Partners, Arizona Tech Investors.
Application Security
Veracode (2006, Burlington, $114.5M, Acq.) – Automated static, dynamic and mobile application security testing service. Acquired by CA Technologies in 2017.
Checkmarx (2006, NYC, $98.5M) – Static code analysis tools to identify security vulnerabilit
HackerOne (2012, SF, $74M) – Vulnerability Disclosure & internet security bug bounty programs. Backed by NEA, Benchmark Capital, Dragoneer Investment Group.
Identity & Access Management
Okta (2008, SF, IPO) – Secure identity management and single sign on. Went IPO in 2017.
Ping Identity (2002, Denver, $137M, Acq.) – Identity management solution for federated access to applications. Backed by DFJ, KKR. Acquired by Vista Equity Partners in 2016.
Centrify (2004, Sunnyvale, $94M) – Unified identity management solutions for both privileged and end-users. Backed by Samsung Ventures, Docomo Capital, Accel, Mayfield.
Security Analytics
Tenable Networks (2002, Columbia, $310M) – Continuous network monitoring & vulnerability management solution. Backed by Accel & Insight Partners.
Sumo Logic (2010, Redwood City, $160.5M) – Cloud-based network log management and analytics. Backed by DFJ Growth, IVP, Sequoia, Accel, Greylock.
Skybox Security (2002, San Jose, $144M) – Risk Analytics & remediation recommendation of enterprise threats. Backed by SGEP, Providence Equity, LSVP, Benchmark.
Threat Intelligence
LookingGlass Cyber (2006, Arlington, $77M) – Threat intelligence-based security & dynamic threat defense. Backed by New Spring Capital, Alsop Louie Partners, Vital Financial.
Prevalent (2004, Warren, $72M) – Partner cyber-risk management solution. Backed by Insight Venture Partners, Spring Mountain Capital, Fulcrum Equity Partners.
RiskIQ (2009, SF, $68M) – External threat management and intelligence platform. Backed by Summit Partners, Battery Ventures, Georgian Partners, MassMutual Ventures.
Data Security
SafeNet (1983, Belcamp, $139M, Acq.) – Encryption & Key Management based data security. Acquired by Gemalto in 2014.
Digital Guardian (2003, Waltham, $125M) – Endpoint data loss prevention solution. Backed by Fairhaven Capital, Mass Mutual, Siemens Finance.
Ionic Security (2011, Atlanta, $122M) – Centralized policy, encryption and control based data security. Backed by KPCB, Google Ventures, Goldman Sachs, Tech Operators, JAFCO, FF VC, Meritech Capital Partners.
Website Security
CloudFlare (2009, SF, $182M) – Security and performance solutions for websites using a collective intelligence of its network community. Backed by USV, NEA, Qualcomm Venture, MS Ventures, GV.
StackPath (2015, Dallas, $180M) – Cloud-based WAF, secure CDN & VPN service. Backed by ABRY Partners.
Shape Security (2011, Mountain View, $131M) – Website security by making subtle transmutation of underlying HTML page code of web pages, deceiving attackers. Backed by KPCB, GV, NVP.
Email Security
MimeCast (2003, London, IPO) – Saas based email security by re-routing and analyzing emails. Went IPO in 2015.
Proofpoint (2002, Sunnyvale, IPO) – Email security based on secure email gateways. Went IPO in 2012.
Anti-Fraud
Lifelock (2005, Tempe, $178M, Acq.) – Identity theft protection & payment fraud prevention. Acquired by Symantec in 2017.
Pindrop Security (2011, Atlanta, $122M) – Machine learning and multi-factor analysis based phone fraud detection and prevention. Backed by Google Capital, A16Z, IVP, Felicis.
Signifyd (2011, Palo Alto, $106M) – Cloud-based digital fraud & chargeback prevention solution. Backed by a16z, American Express, IA Ventures, Menlo Ventures.
Leader board includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest update, visit Enterprise Security feed