At a glance.
- Tenable to acquire Eureka Security.
- Cyberhaven secures $88 million.
Mergers and acquisitions.
Tenable has agreed to acquire Israeli cloud data security posture management (DSPM) firm Eureka Security. Tenable stated, “The integration of DSPM will round out the current Tenable Cloud Security solution that already includes such key capabilities as unified CNAPP, iron-clad CSPM protection, cloud workload protection and industry-leading CIEM, among others, which will give security teams the context and prioritization guidance to make efficient and accurate remediation decisions. The Eureka Security DSPM capabilities are expected to be natively integrated into Tenable Cloud Security and its leading CNAPP solution later this year.”
Digital forensics firm ArcherHall has acquired Ohio-based Vestige Digital Investigations. ArcherHall stated, “With this merger, we are excited to introduce our expanded capabilities with the opening of our new offices in Cleveland, OH, Columbus, OH, and Pittsburgh, PA, and the expansion of our Denver, CO and New York, NY offices. This strategic expansion enhances our ability to serve our clients better and underscores our dedication to providing innovative solutions tailored to your needs.”
Investments and exits.
San Jose, California-based data security company Cyberhaven has raised $88 million in a Series C round led by Adams Street Partners and Khosla Ventures, with participation from existing investors Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, and Wing Venture Capital. The company plans to use the funding “to expand its product offerings, increase its market reach, and continue its mission to protect the world’s most sensitive data.”
New Jersey-based threat modeling platform provider ThreatModeler has raised $60 million in financing from Invictus Growth Partners. The company says the funding “will be used to expand ThreatModeler’s AI product offerings and enhance sales and marketing efforts.”
Austin, Texas-based account takeover prevention platform provider SpyCloud has raised $35 million in growth financing round led by CIBC Innovation Banking, the investment arm of the Canadian Imperial Bank of Commerce, SiliconANGLE reports. The company’s co-founder and CEO Ted Ross says the funding “will allow us to continue innovating and growing.”
Arlington, Virginia-headquartered cloud governance company Stacklet has raised $14.5 million in a Series B round led by SineWave Ventures, with participation from Strait Capital, Uncorrelated Ventures, Capital One Ventures, Foundation Capital, and Relentless VC. The company says the investment “will accelerate product development and expand sales and marketing efforts for Stacklet’s cloud governance as code platform.”
Denver-based generative AI security firm Liminal has secured $5 million in an oversubscribed seed round led by Fin Capital, with participation from High Alpha, Matchstick Ventures, and Craft Ventures Scout Fund.
Menlo Park, California-headquartered managed detection and response firm AirMDR has raised $5 million in seed funding led by Foundation Capital, with participation by Storm Ventures. The company says it “will use this funding to expand R&D and fuel market entry.”
Executive moves.
Cisco has hired Sean Duca as CISO and Practice Leader for the APJC region, CRN reports.
DNSFilter has hired TK Keanini as Chief Technology Officer.
Mitiga has appointed Amir Gabrieli as Vice President of Product.
Sevco Security has named Michael Persechini as Senior Vice President of Global Sales.
Horizon3.ai has appointed Jill Passalacqua as Chief Legal Officer.
Cloud Communications Group has appointed James Beeson as Executive Cyber Advisor.
