Thursday, April 25 2024

Cybersecurity Venture Funding and Mergers: This week’s deals involved cloud security services, data privacy, and industrial cybersecurity companies.

Funding

Cloud cybersecurity firm Mesh Security has secured $4.5 million in venture funding. The round was led by Booster Ventures with participation from other investors.

Spin Technology, a firm providing SaaS security solutions, raised $16 million in a Series A funding round. This round was led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors.

Safe-T Group, a global provider of cybersecurity and privacy solutions for consumers and enterprises, closed a non-dilutive strategic funding agreement of up to $4 million to support the further growth of its consumer privacy solutions and its customer acquisition program.

Mergers and Acquisitions

Andy Mane, CEO of Avantus Federal

CyberArk, an identity security and access management company, has acquired C3M, a cloud security and compliance company to accelerate cloud privilege security innovation.

Industrial cybersecurity firm GrayMatter announced a strategic merger with process automation and machine control company HSTE. The acquisition will help expand GreyMatter’s Industrial Intelligence platform.

Managed services and solutions company ATSG acquired Vology, Inc., a managed IT, cloud, and security services provider.

SixGen Inc., a cybersecurity services and products provider, acquired technology management consulting company Fourcast Management and Analysis Inc.

Read more cybersecurity M&A and funding updates from SecureDisruptions here.

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