Top 10 Cybersecurity Capital Raises in the U.S. – October 16th-31st, 2024
Several interesting transactions closed in the Cybersecurity Capital sector this past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
- Interos, developer of a logistics assurance platform designed for supply-chain risk management, received $45.56 million of development capital from Blue Owl Capital, and other investors.
Merger/Acquisition and Corporate
- Dignari, operator of a technology consulting and analytics firm intended to design, build, and deliver biometric, identity management, and security solutions for clients worldwide, acquired by EY
- NoviFlow, developer of a programmable networking software designed to scale and secure cybersecurity services, acquired by E.C.I. Networks.
Later Stage VC
- Bugcrowd, developer of a crowdsourced cybersecurity platform designed to provide organizations with customized security testing programs to identify their security problems, raised $50 million of venture funding from Silicon Valley Bank.
- Concentric AI, developer of data sensitivity and risk discovery platform designed to resolve the data security challenges faced by enterprises, raised $43.5 million through a combination of Series B and Series B-1 venture funding in a deal led by Top Tier Capital Partners and HarbourVest Partners.
Early Stage VC
- Abstract Security, Developer of data security operations platform designed to optimize data without compromising on compliance or security effectiveness, raised $15 million of venture funding in a deal led by Munich Re Ventures.
- RAD Security, developer of a cloud security platform designed to monitor the security posture of modern containerized infrastructure,
- Socket, operator of a cybersecurity platform intended to protect companies from software supply chain attacks, raised $40 million through a combination of Series B and Series B-1 venture funding in a deal led by Abstract Ventures.
Angel, Seed, and Grant
- Cogent Security, developer of an AI and machine learning-based cybersecurity platform designed to streamline security workflows, free up resources, and accelerate risk reduction, raised an estimated $8 million of Seed funding
- ContraForce, developer of an enterprise security management designed to automate the complex challenges of security operations, raised $3.25 million of seed funding in a deal led by DataTribe and GALLOS Technologies.
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Rebecca Lacy
Managing Director
More than 30 years positioning companies for growth. She began her career as a retail business owner then transitioned to McDonnell Douglas/Boeing where she worked to help small businesses gain significant market share. This included advocating at the federal level for legislation to facilitate competition for small businesses. Helped businesses secure non-traditional funding through grants, as well IP and equipment donations. Served in a board or advisory capacity for several economic development organizations. Transitioned to business ownership where she and her team created diagnostic tools and training that helped companies function with greater efficiency and flexibility. Domestic and international clients ranged from start-ups to multi-national corporations from a broad array of industries, government agencies and not-for-profits. B.A. in Public Administration, MBA from Western International University. FINRA Series 7 and 63 licenses.
- Email: rlacy@castleplacement.com
- (C) (573) 880-2974
 Rebecca LacyManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: rlacy@castleplacement.com
C: (212) 418-1181 | C: (573) 880-2974
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
