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Tracxn – Analyst Notes # 1254 – Enterprise Security

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Analyst Picks

  • Medigate (2017, Tel Aviv, $5.3M) – Connected medical device cybersecurity platform
    Market: Enterprise Security > IoT Security > Anomaly Detection
  • ReFirm Labs (2017, Howard , $1.5M) – Automated IoT firmware vulnerability discovery, assessment, and remediation
    Market: Enterprise Security > IoT Security > Anomaly Detection
  • BanyanOps (2015, San Francisco) – Security and access enforcement solution for microservices and orchestration platforms
    Market: Enterprise Security > Cloud Security > Container Security

Funding Rounds

Series B, $44.8M
Kaseya (2000, Waltham, $44.8M) – IAM & IT asset management Software

Investors: Ireland Strategic Investment Fund

Series C, $30M
ThreatQuotient (2013, Ashburn, $54M) – Threat Intelligence Platform for enterprise

Investors: Adams Street Partners, Cisco Investments, NTT Docomo Ventures, New Enterprise Associates, Silicon Valley Bank

Series E, $25M
Recorded Future (2009, Somerville, $57M) – Real-time threat intelligence from the entire web

Investors: Insight Venture Partners

Series C, $20M
JumpCloud (2012, Boulder, $33.3M) – Cloud based directory service for user & IT resource authentication; Devops Agent

Post IPO, $19.6M
Cyren (1991, Herzliya) – Cloud based endpoint security & threat intelligence

Investors: Warburg Pincus

Series B, $16.2M
EclecticIQ (2014, Amsterdam, $24.9M) – Threat intelligence management tool

Investors: Keen Venture Partners

Series A, $10M
SCADAfence (2014, Tel Aviv, $10M) – Network Intrusion Detection System for Critical Infrastructure

Investors: NexStar Partners, DS Strategic Partners, IAngels, Global Brain, Jerusalem Venture Partners, 31VENTURES

Series A, $7.5M
NS8 (2016, Herndon, $7.5M) – Anti-botnet platform for user experience protection and abuse and fraud prevention

Investors: Arbor Ventures

Series A, $7M
NeuVector (2015, San Jose, $7M) – Application aware run-time network container security solution

Investors: Hummer Winblad Venture Partners

Series A, $7M
Secturion Systems (2012, Clearfield, $7M) – MACsec encryptor for big data security

Series A, $6.2M
Thycotic (1996, Washington D.C., $6.2M) – Enterprise Password Management Software

Investors: Insight Venture Partners

Series B, $6.0M
Terbium Labs (2013, Baltimore, $16.1M) – Enterprise data breach discovery by monitoring, indexing and matching data from deep net

Seed, $5.3M
Medigate (2017, Tel Aviv, $5.3M) – Connected medical device cybersecurity platform

Investors: YL Ventures, Blumberg Capital

Series A, $4M
Enveil (2016, Columbia, $4M) – Homomorphic encryption based security of data-in-use

Investors: Thomson Reuters, USAA, DataTribe, Bloomberg Beta

Series A, $3.1M
Horangi (2016, Singapore, $3.1M) – Cloud-based cyber security assessment, threat detection, and incident response

platform
Investors: Monk’s Hill Ventures, Right Click Capital, 500 Startups, 6Degrees Ventures

M&A

  • Lip-Syncing App Musical.ly Is Acquired for as Much as $1 Billion The Wall Street Journal
  • Synopsys to Enhance Software Integrity Platform with Acquisition of Black Duck SoftwarePR Newswire
  • Continental in talks to buy Israel’s Argus Cyber Security Reuters
  • Cloudflare expands into mobile performance with Neumob acquisition TechCrunch
  • Barracuda Acquires Sonian Inc. PR Newswire
  • Proofpoint acquires Cloudmark for $110M in cybersecurity consolidation play TechCrunch
  • Extreme Networks Completes Acquisition of Brocade’s Data Center Networking BusinessPR Newswire
  • Symantec Announces Acquisition of SurfEasy, Inc. Business Wire
  • BICS Completes Acquisition of TeleSign PR Newswire
  • Two compliance companies merge to build a $100M firm TechCrunch

IPO

  • Austin’s SailPoint plans to raise $200 million in upcoming IPO 512Tech
  • Austin software maker SailPoint raises $240M in IPO, gets a warm welcome from Wall Street 512Tech
  • Private equity owners of antivirus company Avast have hired Rothschild to check out a £3bn IPO City A.M.
  • ForeScout Technologies prices IoT security IPO at $22 mmotimes.com
  • Identity solutions business SailPoint up 9% following IPO mmotimes.com
  • Zscaler puts weight into IPO Global Corporate Venturing

Funds Raising Funds

New Product Announcement

  • Gemalto Launches First of its Kind On-Demand Security Platform to Protect Data Anytime, Anywhere PressReleasePoint
  • ProtonMail launches an encrypted contacts manager to protect journalists’ sources The Verge
  • UK Firm Yoti Launches Digital Identity App to Make Proving ID Simpler, Faster and SaferBusiness Wire
  • Gemalto launches multi-band LTE Cat 1 IoT module with 2G/3G fallback Telecompaper
  • Magic Software Announces Magic xpc, its New iPaaS Solution, Empowering Cloud Integrations PressReleasePoint
  • Emirates NBD trusts Gemalto for Mobile Banking security in the Middle EastPressReleasePoint
  • Perforce Helix Plugin for Microsoft Visual Studio Provides Tighter Integration for Developers PR Newswire
  • AccessData Launches AD RTK™, New Tool to Identify and Remediate Problematic Data Across Enterprise Networks GlobeNewswire
  • Druva Introduces Next Generation Cloud-to-Cloud Data Protection with Apollo for AWSDATAVERSITY
  • Bracket tackles modern hack attacks with new immutable server protection SD Times
  • Black Duck Launches OpsSight: Comprehensive, Automated Open Source Container Security for Production Environments Business Wire
  • SlashNext Launches Revolutionary Internet Threat Protection System to Displace Aging Signature and Sandbox Technologies PR Newswire
  • High-Tech Bridge Announces Free Application Discovery and Inventory Service Business Wire
  • Fiorano Launches PSD2 Solution for Banks for Seamless Regulatory ComplianceBusiness Wire
  • Avira SafeThings™ Reimagines Home Security in the IoT World: A House Without Extra Boxes Business Wire
  • Free GoCrack password cracking tool helps test password security CSO Online
  • WISeKey introduces WISeCoin Wallet, a contactless hardware enabled wallet to offer security and ease of use for cryptocurrency users GlobeNewswire
  • Cheetah Mobile rolls out Artificial Intelligence in its apps bgr.in
  • Rohde & Schwarz Cybersecurity, Napatech launch network threat detection platformTelecompaper

New Market Entry

  • BluVector Debuts Security Industry First in Fileless Malware Detection Business Wire

New Geo Entry

  • China’s Xiaomi seeks to reignite global push with Spain launch Reuters
  • Amazon launches its Echo devices and Alexa in Japan TechCrunch
  • Amazon Australia Has Landed, First Sign Placed Outside Warehouse ChannelNews
  • Amazon Echo and Echo Plus are now available in US The Bulletin Network
  • Xiaomi Mi Mix 2 and Redmi Note 5A Prime Are Coming to Pakistan ProPakistani
  • Xiaomi opens new flagship shop in Moscow Telecompaper
  • Xiaomi opens its first Mi-branded store in Egypt T3 Middle East

Business Partnership

  • Votiro Joins the VMware Technology Alliance Partner Program Medianet
  • Huawei and Gemalto team up to accelerate NarrowBand IoT deployments IoT Business News
  • Tata Elxsi Partners With BlackBerry to Accelerate Innovation in Secure Embedded Designs PR Newswire
  • Tenable and Siemens Form Partnership to Secure Critical Infrastructure Business Wire
  • Veridium Brings Biometric Security to Unbanked Populations Through Zero-Fee Financial Services from Wala Business Wire
  • Synacor and WOW! Launch New Customer Portal, Extend Partnership and Expand Cloud ID Offering Business Wire

Company Announcement

  • BlackBerry Announces New Patent Licensing Partnership with Industry LeaderMarketwired
  • Symantec Selects Amazon Web Services to Deliver Cloud Security to Global CustomersBusiness Wire
  • Francisco Partners Announces Acquisition of Comodo’s Certificate Authority (SSL) Business Business Wire

Earnings Release

  • Splunk Inc. Announces Fiscal Third Quarter 2018 Financial Results Business Wire
 

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