Investments (#)


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.


    DISCLAIMER: This chart is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.

    Recent transactions in the sector

    Country Funding round Date
    Embed Security Inc
    Agentic security platform.
    United States N/A
    USD 6,000,000 (USD 6,000,000)
    7 Nov 2024
    Armis Inc
    Eenterprise IoT security company.
    Series D
    USD 200,000,000 (USD 200,000,000) at USD 4,200,000,000 (USD 4,200,000,000) valuation.
    28 Oct 2024
    Socket Inc
    Cybersecurity company focused on software supply chain attacks.
    United States Series B
    USD 40,000,000 (USD 40,000,000)
    22 Oct 2024
    Picus Security Inc
    Cybersecurity company.
    United States Series C
    USD 45,000,000 (USD 45,000,000)
    19 Sep 2024
    Endor Labs Inc
    Software supply chain security company.
    United States N/A
    15 Jul 2024
    Step Security Inc
    Provider of technology for protecting CI/CD pipelines and infrastructure.
    United States Seed
    USD 3,000,000 (USD 3,000,000)
    1 May 2024
    Aikido Security BV
    Developer-facing security platform.
    Belgium Series A
    USD 17,000,000 (USD 17,000,000)
    1 May 2024
    Safebase Inc
    Platform for cybersecurity audits.
    United States Series B
    USD 33,000,000 (USD 33,000,000)
    26 Apr 2024
    Darktrace PLC
    Provider of "enterprise immune system technology solutions".
    United Kingdom Acquisition
    USD 5,300,000,000 (USD 5,300,000,000) at USD 5,300,000,000 (USD 5,300,000,000) valuation.
    26 Apr 2024
    Endor Labs Inc
    Software supply chain security company.
    United States Series A
    USD 70,000,000 (USD 70,000,000)
    2023
    Phylum Inc
    Software supply chain security provider.
    United States Series A
    USD 15,000,000 (USD 15,000,000)
    3 May 2022
    Mandiant Corp
    United States Acquisition
    USD 5,400,000,000 (USD 5,400,000,000) at USD 5,400,000,000 (USD 5,400,000,000) valuation.
    8 Mar 2022
    Picus Security Inc
    Cybersecurity company.
    United States N/A
    2022
    Armis Inc
    Eenterprise IoT security company.
    Private Equity
    USD 300,000,000 (USD 300,000,000) at USD 3,400,000,000 (USD 3,400,000,000) valuation.
    29 Nov 2021
    Losless
    DeFi hack mitigation tool for token creators.
    Private Round
    USD 2,200,000 (USD 2,200,000)
    25 May 2021
    PlexTrac
    Cybersecurity workflow platform.
    Series A
    USD 10,000,000
    15 Apr 2021
    Cado Security
    Digital forensics platform.
    United Kingdom Series A
    USD 10,000,000 (USD 10,000,000)
    15 Apr 2021
    SardineAI Corp
    Digital transaction fraud detection company.
    United States Seed
    USD 4,600,000 (USD 4,600,000)
    24 Mar 2021
    Cado Security
    Digital forensics platform.
    United Kingdom Seed
    USD 1,500,000 (USD 1,500,000)
    5 Nov 2020
    Very Good Security
    United States Venture
    15 Jan 2020
    GitGuardian
    France Series A
    USD 12,000,000 (USD 12,000,000)
    4 Dec 2019
    Very Good Security
    United States Series B
    USD 35,000,000 (USD 35,000,000)
    1 Oct 2019
    Armis Inc
    Eenterprise IoT security company.
    Series C
    USD 65,000,000 (USD 65,000,000)
    11 Apr 2019
    PlexTrac
    Cybersecurity workflow platform.
    Seed
    USD 1,000,000
    1 Apr 2019
    Zeguro
    Virtual cybersecurity platform which identifies risks and mitigates them with technology, training and process.
    United States Seed
    USD 5,000,000 (USD 5,000,000)
    5 Nov 2018
    Darktrace PLC
    Provider of "enterprise immune system technology solutions".
    United Kingdom N/A
    USD 50,000,000 (USD 50,000,000) at USD 1,650,000,000 (USD 1,650,000,000) valuation.
    27 Sep 2018
    GitGuardian
    France Other
    1 Jul 2018
    BigID Inc
    Israeli company focused on enterprise data protection and privacy for personal data.
    United States N/A
    USD 300,000,000 (USD 30,000,000)
    25 Jun 2018
    Armis Inc
    Eenterprise IoT security company.
    Series B
    USD 30,000,000 (USD 30,000,000)
    9 Apr 2018
    CounterCraft SL
    Spain Seed
    EUR 2,000,000
    21 Mar 2018
    BigID Inc
    Israeli company focused on enterprise data protection and privacy for personal data.
    United States Series A
    USD 14,000,000 (USD 14,000,000)
    29 Jan 2018
    CounterCraft SL
    Spain Other
    28 Jan 2018
    Enveil Inc
    Data security company.
    United States Venture
    USD 4,000,000 (USD 4,000,000)
    9 Nov 2017
    Armis Inc
    Eenterprise IoT security company.
    Series A
    USD 17,000,000 (USD 17,000,000)
    6 Jun 2017
    802 Secure Inc
    Next-generation, wireless network security solutions and services.
    United States Venture
    USD 6,000,000 (USD 6,000,000)
    26 Apr 2017
    CounterCraft SL
    Spain Grant
    EUR 1,100,000
    13 Mar 2017
    CounterCraft SL
    Spain Grant
    EUR 5,000
    11 Jan 2017
    Shape Security Inc
    Provider of security technology for web and mobile applications.
    United States Series D
    USD 40,000,000 (USD 40,000,000)
    29 Sep 2016
    LogRhythm Inc
    Provider of next-generation security information management (SIEM) solutions
    United States Venture
    USD 40,000,000 (USD 40,000,000)
    30 Aug 2016
    LogRhythm Inc
    Provider of next-generation security information management (SIEM) solutions
    United States Debt
    USD 10,000,000 (USD 10,000,000)
    30 Aug 2016
    CounterCraft SL
    Spain Seed
    EUR 1,000,000
    20 Jul 2016
    Encription Ltd
    Cybersecurity consultancy.
    United Kingdom Acquisition
    26 Feb 2016
    Darktrace PLC
    Provider of "enterprise immune system technology solutions".
    United Kingdom N/A
    USD 22,500,000 (USD 22,500,000)
    22 Jul 2015
    Darktrace PLC
    Provider of "enterprise immune system technology solutions".
    United Kingdom Seed
    USD 18,000,000 (USD 18,000,000) at USD 80,000,000 (USD 80,000,000) valuation.
    18 Mar 2015
    Armis Inc
    Eenterprise IoT security company.
    Seed
    1 Jan 2015
    LogRhythm Inc
    Provider of next-generation security information management (SIEM) solutions
    United States Series E
    USD 40,000,000 (USD 40,000,000)
    22 Jul 2014
    Damballa Inc
    Developer of solutions to fight bot armies
    United States N/A
    31 Dec 2012
    LogRhythm Inc
    Provider of next-generation security information management (SIEM) solutions
    United States Series D
    USD 15,000,000 (USD 15,000,000)
    28 Jun 2012
    CrowdStrike Holdings Inc
    Security technology company focused on helping enterprises and governments protect their most sensitive intellectual property.
    United States Series A
    1 Feb 2012
    Skybox Security Inc
    Enterprise security software company.
    United States N/A
    1 Nov 2011

    Best funded companies in the sector





    Provider of "enterprise immune system technology solutions".





    Full-stack visibility into an organisation's cloud infrastructure footprint.

    Investment themes:




    Software supply chain security company.

    Investment themes:




    Provider of next-generation security information management (SIEM) solutions

    Investment themes:




    Cybersecurity company focused on software supply chain attacks.





    Israeli company focused on enterprise data protection and privacy for personal data.

    Investment themes:




    Platform for cybersecurity audits.





    Developer-facing security platform.

    Investment themes:




    Cybersecurity company.

    Investment themes:




    Provider of security technology for web and mobile applications.

    Investment themes:




    Managed service software company.

    Investment themes:




    Next-generation, wireless network security solutions and services.





    Digital transaction fraud detection company.

    Investment themes:




    Provider of technology for protecting CI/CD pipelines and infrastructure.





    Virtual cybersecurity platform which identifies risks and mitigates them with technology, training and process.

    Investment themes:




    DeFi hack mitigation tool for token creators.





    Agentic security platform.

    Investment themes:




    Data security company.

    Investment themes:




    Chinese cybersecurity company.

    Investment themes:




    Cyber security training and simulation platform.

    Investment themes:




    Investment themes:




    Second-generation deception technology.

    Investment themes:




    Intelligent configuration management software company.





    Enterprise security software company.

    Investment themes:




    Investment themes:




    Provider of digital trust and safety.





    Security technology company focused on helping enterprises and governments protect their most sensitive intellectual property.

    Investment themes:




    Augmented intelligence for securing vulnerable apps via continuous security testing.

    Investment themes:




    Nettoken helps you understand your digital presence by visualising all the accounts you have signed up to, in one place.

    Investment themes:




    Investment themes:




    Investment themes:




    Cybersecurity workflow platform.





    Password manager for startups.





    Open source cloud native SIEM (alternative to Splunk/Elastic)

    Investment themes:




    AuthenTec is a leading provider of mobile and network security.

    Investment themes:




    Developer of solutions to fight bot armies

    Investment themes:




    Cybersecurity consultancy.

    Investment themes:




    Industrial control system cyber security company focused on defence and critical infrastructure industries.

    Investment themes:




    Investment themes:

    Top investors in the Security Software sector

    Profile Country Investments
    NCSC Cyber Accelerator Accelerator programme funded by the GCHG and run by Wayra. United Kingdom 8
    Adams Street Partners LLC Private equity and venture capital fund of funds United States 5
    Sequoia Capital Israel Israel 4
    Access Venture Partners LLC United States 4
    Riverwood Capital Management LP 3
    Y Combinator American technology startup accelerator. United States 3
    Comcast Ventures The corporate venturing arm of Comcast. United States 3
    Grotech Ventures Venture capital firm. United States 3
    Tenaya Capital Inc VC firm providing early-growth stage capital to transformational venture-backed technology businesses. United States 3
    ClearSky Security Fund I LLC 2
    Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. United Kingdom 2
    BOLDstart Ventures New York City-based VC firm focused on technology startups. United States 2
    Red Dot Capital Partners Israel based venture capital fund focused on expansion and growth stage tech companies. Israel 2
    Paladin Capital Group Private equity firm United States 2
    Wayra Telefonica's startup accelerator. 2
    EDB Investments Pte The venture arm of Singapore's Economic Development Board. Singapore 2
    StageDotO Ventures 2
    High Country Venture LLC United States 2
    Notable Capital United States 2
    Kleiner Perkins Caufield & Byers LLC Venture capital firm. United States 2
    The Carlyle Group LP United States 2
    Ten Eleven Ventures 2
    Siemens Venture Capital GmbH The corporate venture organisation for Siemens AG Germany 2
    SAP.iO Seed fund that invests in early-stage software startups. 2
    Adara Advisors SL Spain 2
    One Equity Partners The private investment arm of JPMorgan Chase & Co 2
    Lightspeed Management Co LLC Multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. United States 2
    Orza Investments 2
    Bain Capital Venture Partners LLC Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital. United States 2
    Madrona Venture Group LLC Seattle-based venture capital firm focused on early stage investments in information technology companies. United States 1
    Croghan Investments 1
    G Squared Equity Management LLC Global growth stage venture capital firm. United States 1
    Earlybird VC Management GmbH & Co KG Venture capital firm with a focus on Internet, software and medical technologies Germany 1
    Benchmark Capital Early stage venture capital firm focused on social, mobile, local and cloud companies. United States 1
    Momentum London 1
    Advantage Capital Partners Investment firm focused on businesses located in states and communities that are underserved by traditional sources of risk capital. United States 1
    Connect Ventures United Kingdom 1
    Vesbridge Partners LLC United States 1
    X21 Digital Blockchain advisory and investment firm. Singapore 1
    Blumberg Capital LLC United States 1
    Alkeon Capital Management LLC 1
    Inner Loop Capital Seed-stage venture capital firm focused on the Washington, DC region. United States 1
    Northern Light Venture Capital Ltd China-focused venture capital firm targeting early and early growth stage TMT, advanced technology and healthcare opportunities. China 1
    Fonds Ambition Amorçage Angels 1
    Texas Instruments Inc United States 1
    Dell Technologies Capital The global venture capital investment arm of Dell Technologies. United States 1
    Invoke Capital Partners 1
    Blossom Capital 1
    ClearSky 1
    The Bank of Tokyo - Mitsubishi UFJ Capital Co Ltd Japan 1

    Top acquirers in the Security Software sector

    Profile Country Acquisitions
    PGP Corp A leading global security software company with email and data encryption solutions for enterprise data protection. United States 1
    BlackBerry Ltd Canada 1
    Alphabet Inc American multinational technology conglomerate holding company. United States 1
    Thoma Bravo LP Private equity firm focused on software and tech-enabled services companies. United States 1

    Security Software industry map

    internet of things (IoT)
    security

    See all security
    security

    See all security
    internet of things (IoT)
    privacy and security
    fraud detection
    software supply chain

    Security Software selected pre-money valuations (USD)

    Funding round Median Average Minimum Maximum Sample size
    Seed 80,000,000 80,000,000 80,000,000 80,000,000 1
    Series C 1,250,000,000 1,250,000,000 1,250,000,000 1,250,000,000 1
    Series D 4,200,000,000 4,200,000,000 4,200,000,000 4,200,000,000 1
    Private Equity 3,400,000,000 3,400,000,000 3,400,000,000 3,400,000,000 1
    Acquisition 5,350,000,000 5,350,000,000 5,300,000,000 5,400,000,000 2
    N/A 1,650,000,000 1,650,000,000 1,650,000,000 1,650,000,000 1
    80,000,000 5,400,000,000 7

    DISCLAIMER: This table is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.

    Security Software selected deal sizes (USD)

    Funding round Median Average Minimum Maximum Sample size
    Seed 4,600,000 6,420,000 1,500,000 18,000,000 5
    Series A 13,000,000 17,275,000 3,250,000 70,000,000 10
    Series B 33,000,000 28,220,000 3,100,000 40,000,000 5
    Series C 55,000,000 167,500,000 10,000,000 550,000,000 4
    Series D 40,000,000 85,000,000 15,000,000 200,000,000 3
    Series E 40,000,000 40,000,000 40,000,000 40,000,000 1
    Venture 6,000,000 16,666,667 4,000,000 40,000,000 3
    Private Equity 300,000,000 300,000,000 300,000,000 300,000,000 1
    Acquisition 5,350,000,000 5,350,000,000 5,300,000,000 5,400,000,000 2
    Private Round 2,200,000 2,200,000 2,200,000 2,200,000 1
    Debt 10,000,000 10,000,000 10,000,000 10,000,000 1
    N/A 26,250,000 27,125,000 6,000,000 50,000,000 4
    40

    DISCLAIMER: This table is based on a limited amount of data and may change once additional information has been added. We are working hard to ensure the completeness of the data. If you want to assist us in our work, please contact us using this form.

    Business Classification

    Parent business classification group
    Software