PE Tech Report

Cybersecurity

Aqua Security raises USD135m in Series E Funding at a USD1bn valuation

Aqua Security, the pure-play cloud native security leader, announced today the completion of USD135m in Series E funding led by ION Crossover Partners, putting Aqua’s valuation in excess of USD1 billion.  The round included broad participation from Aqua’s existing investors, including M12 – Microsoft’s venture fund, Lightspeed Venture Partners, Insight

Long Ridge Equity Partners invests in Drawbridge

Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has closed a minority investment from Long Ridge Equity Partners.  Drawbridge will use the funds to accelerate product innovation, expand sales and marketing activities across North America and EMEA, and continue investing in its people, platform, and

CybSafe secures GBP5.6 million Series A1 investment round

CybSafe, a behavioural security platform aimed at helping organisations manage human cyber risk, has closed a GBP5.6 million (USD7.9 million) Series A1 round, led by deep tech investors, IQ Capital with participation from Hannover Digital Investments (HDI Group) and B8 Ventures.  The investment comes as a result of the company’s

Foresight invests GBP2.5m of growth capital in Titania

Foresight Group (Foresight), an independent infrastructure and private equity investment manager, has invested in Titania Group Limited (Titania), a cybersecurity automation software business.  The investment will be used to support the senior management team in taking Titania through its next stage of growth, assisted by Foresight’s expertise in the sector.

PSG-backed Hornetsecurity to acquire software solutions provider Altaro

Hornetsecurity Group, a European provider of cloud-based email security and data protection headquartered in Germany, is to acquire Altaro, a high-growth international provider of reliable backup solutions. The acquisition will transform the company from being a regional leader in cloud email security to an international cloud security and compliance platform.  

George Ralph, RFA

Security and data management high on the agenda

Managers should be looking to shore up their internal processes and security, focusing on improved end-point protection and appropriate training for staff to recognise anomalies. This is critical as cybersecurity develops further to keep ahead of the hackers.

Covid heightens need for cybersecurity in digital world, says Hampleton Partners’ M&A report

Hampleton’s latest Cybersecurity M&A report highlights the importance of cybersecurity vendors as all industries seek protection from cyber-attacks, now that millions more people are working and learning from home using VPN networks and potentially suboptimal computer equipment and inadequate cybersecurity.   Henrik Jeberg, director, Hampleton Partners, says: “A spike in phishing

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