ReliaQuest, Mimecast Delisted, 57th Unicorn, Expired Certs, & CyberSec Skill Crisis – ESW #276
Finally, in the Enterprise Security News, Funding is back, in preparation for RSA! Devo raises $100M and becomes our 56th unicorn, JupiterOne raises $70M and becomes our 57th unicorn! Open source projects get some security funding, 10 more funding announcements, Mimecast has been taken private and is now delisted from the NASDAQ, ReliaQuest acquires Digital Shadows, We talk about public and private market performance, The cybersecurity skills crisis gets worse, Expired certs + IoT devices = PAIN! All that and more, on this episode of Enterprise Security Weekly.
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- 1. FUNDING: Security Vendor Semperis Lands $200M Funding Round Led By KKR
- 2. FUNDING: Devo Announces $100 Million Funding Round Led by Eurazeo to Fuel Global Expansion and Acquisitions$100M Series F with a valuation of $2B, making Devo our newest and 56th Cybersecurity unicorn! Eurazeo led the round along with Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures and ISAI Cap Venture
- 3. FUNDING: JupiterOne Achieves Valuation of Over $1B with $70M Series C Funding to Fuel Innovation in Cybersecurity and Democratize Access for AllAnd our very own Tyler Shield's company makes our 57th Unicorn after a $70M Series C with a $1B+ valuation!
- 4. FUNDING: Announcing the First Images Designed for a Secure Software Supply Chain$50M Series A. The round was led by Sequoia Capital with participation from Amplify Partners, Chainsmoker’s Mantis VC, K5/JPMC, Banana Capital, and LiveOak Venture Partners
- 5. FUNDING: Ordr Secures $40 Million in Series C Funding to Answer Increased Demand for Connected Device Security
- 6. FUNDING: Hoxhunt raises $40M to solve the hardest part of cybersecurity: people
- 7. FUNDING: Seemplicity Raises $32 Million with First-of-its-Kind Productivity Platform for Modern Security Teams to Scale Risk Reduction Efforts
- 8. FUNDING: Open Source Security Gets $30M Boost From Industry Heavy Hitters
- 9. FUNDING: Laminar Doubles Funding in Less Than Six Months to $67 Million, Leading the Way in Cloud Data Security
- 10. FUNDING: Vade Lands $30 Million in New Funding Round
- 11. FUNDING: Tidelift Raises $27 Million in Series C Funding as Open Source Software Supply Chain Health and Security Become Urgent Priorities
- 12. FUNDING: Incognia Raises $15.5M Series A to Combat Increased Identity Fraud
- 13. FUNDING: ShardSecure Secures $11M in Series A Funding
- 14. FUNDING: Forgepoint Capital Fuels Cyber Market, Launches New Incident Response Firm Surefire Cyber with $10 Million in Series A Funding
- 15. FUNDING: OT Remote Access Firm Xona Raises $7.2 Million in Series A Funding
- 16. FUNDING: Red Access Emerges from Stealth with $6M Round to Secure Every Web Session Across any Browser, App and Device
- 17. ACQUISITIONS: Mimecast goes private after Permira completes $5.8B acquisition – Boston Business JournalFirst announced last December, this acquisition has now closed and Mimecast has been taken private.
- 18. ACQUISITIONS: ReliaQuest to Acquire Digital Shadows
- 19. NEW PRODUCT: Another arrow in the quiver: Mastercard strengthens cybersecurity consulting practice with new Cyber Front threat simulation platform
- 20. TRENDS: Cybersecurity performance in public markets & 2022 economic downturn
- 21. TRENDS: Cybersecurity Performance Summary – Public Markets (updated automatically every 20 minutes)
- 22. TRENDS: Trellix Survey Findings: A Closer Look at the Cyber Talent GapIf you want to jump into the full survey results for the previous story, it's all here.
- 23. TRENDS: Bad news: The cybersecurity skills crisis is about to get even worse"Cybersecurity firm Trellix commissioned a survey of 1,000 cybersecurity professionals globally and found that 30% are planning to change professions within two or more years." This is a decent sample size. While surveys are difficult and unreliable in the best of times, the question was well worded and does trouble me a bit. One issue is that it didn't account for soon-to-be-retirees. The biggest thing I'd want to see is the cross section of time-in-industry across this 30%. Are we losing new people? Industry veterans? Even losses across time-in-industry?
- 24. REBRANDING: McAfee Enterprise SSE Business Renamed Skyhigh Security
- 25. SQUIRREL: Expired Cert + IoT = PAINJoey Piccola on Twitter - Never thought I’d say this: My window blinds won’t open because of an expired cert.
- 26. SQUIRREL: Gene-editing experiment turns fluffy hamsters into ‘aggressive’ rage monsters