Tuesday, June 11 2024

Tesserent acquires Loop Secure to complement its own services, and BlueHalo merges with Intelligent Automation. Blumira completes a Series A funding round.

Mergers and Acquisitions

Tesserent, an Australian network security company, has announced its intent to acquire Loop Secure, a provider of managed security services, governance risk and compliance, and offensive security services also based in Australia, for $13.5 million. The acquisition is a “strategic addition to strengthen Tesserent’s Cyber 360 capabilities”, according to a statement published to the Australian Securities Exchange (ASX).

UK-based data analytics consultancy company Simpson Associates has acquired Bleam Cyber Security, a UK-headquartered provider of managed security services and information security consulting. Bleam Cyber Security’s managed detection and response services will complement the managed data services that Simpson Associates already provides.

BlueHalo, a Virginia-based provider of engineering solutions and technology to the national security community, has acquired Intelligent Automation, a Maryland-based provider of cybersecurity, 5G, and data analytics solutions. The acquisition will bolster the technical capabilities and intellectual property of BlueHalo.

Funding

Blumira, a cybersecurity company offering automated threat detection and response, has secured $10.3 million in a Series A funding round led by Mercury, with participation from Ten Eleven Ventures, strategic angels Zack Urlocker and Jim Cyb, M25, and Array Ventures.

TXOne Networks, an industrial cybersecurity startup, has raised $12.9 million in a Series A funding round headlined by JAFCO Asia Investment, Jade Stone Jinghua Limited Partnership Fund, and other investors.

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

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