Investments (#)
Investments (USD)
Transactions
Recent transactions in the sector
| Company | Country | Funding round | Date | |
|---|---|---|---|---|
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Upwind Security Inc Cloud security platform which combines posture management with runtime context for accurate prioritisation and rapid response to critical risks. |
United States | Series A USD 100,000,000 (USD 100,000,000) |
2 Dec 2024 |
|
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 |
|
NordSec BV Provider of digital security and privacy solutions, offering a range of products including VPNs, network access security, and encrypted file storage. |
Netherlands | N/A USD 100,000,000 (USD 100,000,000) at USD 3,000,000,000 (USD 3,000,000,000) valuation. |
Sep 2023 |
|
|
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 |
|
|
NordSec BV Provider of digital security and privacy solutions, offering a range of products including VPNs, network access security, and encrypted file storage. |
Netherlands | Series A USD 100,000,000 (USD 100,000,000) at USD 1,600,000,000 (USD 1,600,000,000) valuation. |
Apr 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 |
Companies
Best funded companies in the sector
Full-stack visibility into an organisation's cloud infrastructure footprint.
Cloud security platform which combines posture management with runtime context for accurate prioritisation and rapid response to critical risks.
Provider of digital security and privacy solutions, offering a range of products including VPNs, network access security, and encrypted file storage.
Provider of next-generation security information management (SIEM) solutions
Israeli company focused on enterprise data protection and privacy for personal data.
Provider of technology for protecting CI/CD pipelines and infrastructure.
Virtual cybersecurity platform which identifies risks and mitigates them with technology, training and process.
Industrial control system cyber security company focused on defence and critical infrastructure industries.
Nettoken helps you understand your digital presence by visualising all the accounts you have signed up to, in one place.
Security technology company focused on helping enterprises and governments protect their most sensitive intellectual property.
Augmented intelligence for securing vulnerable apps via continuous security testing.
Investors
Top investors in the Security Software sector
| Investor | 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 |
|
Access Venture Partners LLC | United States | 4 | |
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Sequoia Capital Israel | Israel | 4 | |
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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 |
|
Riverwood Capital Management LP | 3 | ||
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Y Combinator | American technology startup accelerator. | United States | 3 |
|
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 |
|
EDB Investments Pte | The venture arm of Singapore's Economic Development Board. | Singapore | 2 |
|
Wayra | Telefonica's startup accelerator. | 2 | |
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High Country Venture LLC | United States | 2 | |
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Notable Capital | United States | 2 | |
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The Carlyle Group LP | United States | 2 | |
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StageDotO Ventures | 2 | ||
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Kleiner Perkins Caufield & Byers LLC | Venture capital firm. | United States | 2 |
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Burda Principal Investments GmbH & Co KG | Growth capital division providing long-term investment for fast-growing digital technology and media companies, at various development stages globally | Germany | 2 |
|
Siemens Venture Capital GmbH | The corporate venture organisation for Siemens AG | Germany | 2 |
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Ten Eleven Ventures | 2 | ||
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SAP.iO | Seed fund that invests in early-stage software startups. | 2 | |
|
One Equity Partners | The private investment arm of JPMorgan Chase & Co | 2 | |
|
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Adara Advisors SL | Spain | 2 | |
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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 |
|
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Orza Investments | 2 | ||
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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 |
|
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ClearSky Security Fund I LLC | 2 | ||
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Novator Partners LLP | International private equity, growth equity and capital markets investor. | United Kingdom | 2 |
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Entrepreneur First Investment Manager LLP | Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. | United Kingdom | 2 |
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BOLDstart Ventures | New York City-based VC firm focused on technology startups. | United States | 2 |
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.406 Ventures LLC | Early-stage venture capital firm that invests in innovative information echnology and services companies. | United States | 1 |
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Abstract Ventures LLC | Sector agnostic venture investor in preseed, seed, and series A startup companies. | United States | 1 |
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XYZ Venture Capital LLC | Venture capital firm focused on the large seed and Series A rounds of fintech and enterprise tech startups. | United States | 1 |
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Information Venture Partners | Early stage venture capital firm that invests in fintech and enterprise software companies. | Canada | 1 |
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New Enterprise Associates Inc | Global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. | United States | 1 |
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SixThirty Ventures LLC | 1 | ||
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DataTribe | 1 | ||
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China Development Industrial Bank | Private development financial institution in Taiwan. | Taiwan | 1 |
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Zoom Ventures LLC | The corporate venturing arm of Zoom Video Communications. | United States | 1 |
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QBE Ventures | United States | 1 | |
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KKR Next Generation Technology Growth Fund LP | Growth-equity fund focused on technology investments. | Cayman Islands | 1 |
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Leaders Fund Inc | Venture capital fund with a focus on enterprise SaaS companies in Canada and the United States. | United States | 1 |
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Poolz | 1 | ||
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Baseline Ventures | Seed-stage venture capital firm | United States | 1 |
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In-Q-Tel Inc | Non-profit venture capital firm, sponsored by the Central Intelligence Agency (CIA) that invests agency funds in promising early stage companies | United States | 1 |
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Prism VentureWorks | United States | 1 | |
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Colorado Fund I | 1 | ||
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Andreessen Horowitz | Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | 1 |
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11.2 Capital | United States | 1 |
Acquirers
Top acquirers in the Security Software sector
| Investor | Profile | Country | Acquisitions | |
|---|---|---|---|---|
|
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 |
|
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PGP Corp | A leading global security software company with email and data encryption solutions for enterprise data protection. | United States | 1 |
Industry map
Security Software industry map
Valuations
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 A | 1,600,000,000 | 1,600,000,000 | 1,600,000,000 | 1,600,000,000 | 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 | 2,325,000,000 | 2,325,000,000 | 1,650,000,000 | 3,000,000,000 | 2 |
| 80,000,000 | 5,400,000,000 | 9 |
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 | 14,500,000 | 31,062,500 | 3,250,000 | 100,000,000 | 12 |
| 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 | 30,000,000 | 41,700,000 | 6,000,000 | 100,000,000 | 5 |
| 43 |
Business Classification
Parent business classification group
Software