Tracking Security Innovation – Business Security Weekly #81

Carbon Black files for IPO (worth $100M?), Bomgar acquired by Francisco Partners for undisclosed, SecDo acquired by Palo Alto Networks for undisclosed, SpyCloud raised $5M Series A, and more on this episode on Business Security Weekly!

Carbon Black files for IPO (worth $100M?)

VMware acquired E8 for undisclosed

Bomgar acquired by Francisco Partners for undisclosed

SourceClear acquired by CA for udisclosed

  • ‘SourceClear is a software composition analysis tool that helps developers in identifying the security of the libraries used in open-sourced applications.’
  • $11.5M over 2 rounds (seed and equity)
  • (BlackDuck was recently acquired by Synopsys,

SecDo acquired by Palo Alto Networks for undisclosed

Karamba Security raised $10M in debt round

SpyCloud raised $5M Series A

  • ‘SpyCloud specializes in providing cybersecurity solutions that focuses on protecting businesses from data breaches and account takeover attacks.’
  • $7.5M over 2 rounds

Verkada raised $15M Series A

  • ‘Verkada is a cloud-based video surveillance platform that offers activity indexing, access control and tamper detection solutions for businesses.’
  • $18.1M over 3 rounds
  • IoT/Cloud/Video Surveillance (now called video security)

Armis raised $30M Series B

  • ‘Armis develops an Internet of Things security platform that allows enterprises to control and restrict unmanaged devices accessing their systems.’
  • $48.1M over 3 rounds

Expel raised $20M in Series B

  • ‘Expel is a cybersecurity firm that helps enterprises to analyze, detect, investigate and respond to threats.’
  • $27.5M over 2 rounds
  • Looks like emphasis on response, replace the spend for MSSP

ObserveIT raised $16M in a Series B

OPAQ Networks rises $22.5M in Series B

Empow raised $10M in Series B

  • ‘Empow is a cyber security firm that that uses AI and machine learning analytics to classify threats and alerts.’
  • $19M raised in 2 rounds since Feb 2017
  • Part of the anti-SIEM backlash; drive toward automation and orchestration

Kenna raised $25M Series C

  • ‘Kenna Security develops a cloud-based vulnerability management platform that helps organizations to measure risk and prioritize remediation.’
  • $45M over 3 rounds since Nov 2012
  • Plans to hire more, expand sales, “innovate”

Checkr raised $100M Series C

  • ‘Checkr is an online platform that offers background screening, information security and compliance management solutions for enterprises and startups.’
  • $149M over 3 rounds
  • Helps everyone make better, more nuanced connections

Onapsis raised $31M in Series C

Full Show Notes

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