Review
According to incomplete statistics, in March 2024, a total of 53 investment and financing events occurred in the global cybersecurity market, including 4 domestic and 49 foreign.
Statistical table of investment and financing of global network security industry in March (data source: Voyage Capital, 36Kr)
On the whole, the specific amount of the four domestic investment and financing events was not disclosed, the largest financing event was Muchuang's A3 round of financing of hundreds of millions of yuan, and the largest foreign financing event was Axonius's $200 million Series E financing. In US dollars, there were 4 global investment and financing events with a scale of 100 million yuan, accounting for 7.55%, 18 investment and financing events of 10 million US dollars, accounting for 33.96%, and 22 investment and financing events of 1 million US dollars, accounting for 41.51%.
In terms of investment and financing rounds, there were 25 seed round financings, accounting for nearly half, accounting for 47.17%, followed by 10 Series A financings, accounting for 18.87%.
Under the subdivision track, the popular artificial intelligence (AI) security continues to be favored by investors, and 14 companies have product technologies or services involved in the field of AI security.
Attached: Details and introduction of global corporate investment and financing
China
Muchuang hundreds of millions of yuan in A3 round of financing
This round of financing was led by Ant Group, followed by Xinshang Capital, Yiyuan Aerospace, Longding Investment, Yiling Capital, and Guangyuan Investment. The funds from this round of financing will be used to replenish cash flow and expand production capacity in the business explosion stage, as well as the R&D and production of a new generation of intelligent network controller chips and advanced cryptographic chips such as post-quantum. Muchuang focuses on the R&D and sales of reconfigurable programmable system chips, the main products include cryptographic security chips and intelligent network controller chips, and its products have been widely used in video encrypted transmission, Internet of Vehicles security, IPSec/SSL VPN gateways, firewalls, signature verification servers, cloud security servers, cryptographic machines, key management systems and other scenarios.
知其安近亿元Pre-A轮融资
This round of financing was led by Red Dot China, with Chenhui Venture Capital and Lenovo Venture Capital co-investing, and Yunxiu Capital as the exclusive financial advisor. It is understood that the core product of Zhiqi'an is the network security proficiency testing platform "Lizhu - Security Verification" platform, and this round of financing is mainly used for the company to consolidate R&D technology, establish a product moat, accelerate market expansion and optimize organizational construction. At present, the company has gained important customers in finance, large central enterprises, head high-end manufacturing, Internet and other industries.
Yunqi boundless tens of millions of yuan angel + round financing
This round of financing is exclusively invested by Everest Capital, and Yuanming Capital serves as the financial advisor for this round of financing. Founded in 2021, Yunqi Infinity is an emerging security vendor that completed tens of millions of yuan in angel round financing in 2022. The company mainly focuses on the application of generative AI technology in the field of network security, and has released infinite fuzzing testing agents and infinite AI security agents based on generative AI, which use genetic variation algorithms, symbolic execution algorithm acceleration technologies, process-level vulnerability detection, natural language processing and contextual semantic understanding capabilities to improve the efficiency and accuracy of automatic vulnerability mining, detection and repair, and achieve an integrated closed-loop solution.
Gray Hat Technology Strategic Financing
The investor in this round of financing is Yunke Anxin. Gray Hat Technology is a network security service provider, focusing on network security services, providing various types of network security services for organizations and industries such as party and government, energy, finance, operators, and state-owned enterprises. Gray Hat Technology's security services cover classified protection, risk assessment, code audit, red-blue confrontation, penetration testing, App testing, emergency response, security training and other projects, and has accumulated rich technical capabilities and experience in actual attack and defense. Yunke Anxin will promote in-depth strategic cooperation with Gray Hat Technology through this investment.
United States
Axonius' $200 million Series E funding round
The round was led by Accel and Lightspeed Venture Partners, with participation from Stripes. With a focus on internal attack surface management, Axonius is designed to provide comprehensive asset inventory, security policy enforcement, and risk identification services, and its platform streamlines customers' IT and security operations, helping organizations better understand and manage the security posture of their devices, users, and applications by automatically collecting and consolidating asset information across existing business networks.
Nozomi Networks1亿美元E轮融资
The investors in this round of financing are Schneider Electric, Mitsubishi Electric, etc. Nozomi Networks provides infrastructure OT and IoT security with a platform that uniquely combines network and endpoint visibility, threat detection, and AI analytics for fast, effective incident response.
Claroty's $100 million strategic growth financing
The round was led by Delta-v Capital, with participation from Toshiba Digital Solutions, Standard Investments, Silicon Valley Bank, SE Ventures, Rockwell Automation, AB Private Credit Investors, and others. Claroty is an industrial cybersecurity company focused on protecting industrial control systems (ICS), operational technology (OT) environments, Internet of Things (IoT), and Industrial Internet of Things (IIoT) devices from cyber threats. The company offers a platform designed to provide in-depth visibility and security monitoring to help businesses detect, secure, and manage their critical infrastructure.
Chorus 1亿美元D轮融资
The round was led by One Peak, with participation from Energy Impact Partners and Balderton Capital. Coro is a startup that develops a platform for security tools for small businesses, enabling organizations to defend against malware, ransomware, phishing, data breaches, insider threats, and bot attacks across devices, users, and cloud applications.
BigID's $61.4 million funding round
The round was led by Riverwood Capital, with participation from Silver Lake Waterman and Advent. BigID is a New York-based AI-enhanced data security company whose products use advanced machine learning and identity intelligence to help businesses better protect petabytes of customer and employee data. The company helps organizations manage and protect their customer data, meet data privacy and protection regulations such as CCPA and GDPR, and provide broad coverage for all data in all data stores.
DTEX's $50 million Series E funding round
The round was led by CapitalG. With insider threat management as its primary focus, DTEX uses a combination of machine learning and network monitoring to spot anomalous patterns or activities and minimize data loss caused by insider threats. The company positions its flagship product as a lightweight platform with data loss prevention (DLP), user behavior analytics (UBA), and user activity monitoring tools to detect and mitigate insider risk before data loss occurs.
Todyl's $50 million Series B funding round
The round was led by Base10 Partners, with participation from Anthos Capital, Tech Operators, and StoneMill Ventures. Todyl's SOAR platform uses a single agent and modular approach to unify multiple cybersecurity segments for small and medium-sized businesses. The platform integrates secure access and edge security, security information and event management, management extended detection and response, endpoint security, security orchestration, and governance risk and compliance.
Defense Unicorns 3500万美元A轮融资
The round was led by Sapphire Ventures and Ansa Capital. Defense Unicorns is a defense and security company that provides open-source software and artificial intelligence capabilities that support the continuous delivery of national security systems. The company's software and AI solutions work in the cloud, on-premise, and edge environments, enabling national security systems to incorporate modern technologies in a variety of mission scenarios, including space and subsea.
Skyflow 3000万美元B轮融资
The round was led by Khosla Ventures, with participation from Mouro Capital, Foundation Capital, and Canvas Ventures. Skyflow aims to fundamentally change the way businesses handle users' financial, healthcare, and other personal data. Inspired by the zero-trust data privacy vault pioneered by other major companies, the founders provide a privacy database through a simple API interface to protect, store, and manage sensitive customer information critical to their business.
Cayosoft 2250万美元融资
The investor in this round of financing is Centana Growth Partners. Cayosoft, a company engaged in Microsoft Active Directory management, monitoring and recovery, will be used to expand Cayosoft's sales and marketing efforts and enhance its patent-pending technology.
CyberSaint Security 2100万美元种子轮融资
The round was led by Riverside Acceleration Capital, with participation from Sage Hill Investors, BlueIO and Audeo Capital. CyberSaint Security, a Boston-based cybersecurity risk management company, has developed an AI-powered CyberStrong platform that helps cyber risk professionals and IT compliance teams quantify risk and visualize their security posture while automating compliance assessments at scale.
Reach Security 2000万美元融资
The round was led by Ballistic Ventures and Artisanal Ventures, with participation from Webb Investment Network, Ridge Ventures and TechOperators. Reach Security is a cybersecurity product management company dedicated to helping organizations manage labyrinths of security tools and products through technology, with the idea of ingesting security incidents, threat intelligence, and configuration from cybersecurity products through API connections and providing AI-driven analytics to modernize security operations.
Finite State 2000万美元融资
The investor in this round of financing is Energy Impact Partners. Finite State provides a platform focused on providing visibility, transparency, and risk management capabilities that enable organizations to proactively identify and mitigate vulnerabilities in the software supply chain and protect critical systems and data.
Axion Ray's $17.5 million Series A funding round
The round was led by Bessemer Venture, with participation from RTX Ventures, Amplo, and Inspired Capital. Axion Ray puts artificial intelligence directly into the hands of field engineers to help them detect, investigate, and resolve these issues. The company's novel AI-powered command center identifies technical issues months in advance, avoiding injuries, lost warranty costs, and customer downtime.
BlueFlag Security 1150万美元种子轮融资
The round was led by Maverick Ventures, Ten Eleven Ventures, and followed by Pier 88 Investment Partners. BlueFlag Security helps address the cyber risks posed by developer identities by developing a multi-layered defense platform that integrates identity security with open source software risk and development tool posture management to address identity security while providing a unified view of risk management across the SDLC.
Binarly 1050万美元种子轮融资
Investors in the round were WestWave Capital, Two Bear Capital, Liquid 2 Ventures, Cisco Investments, Canaan Partners, Blu Venture Investors and Acrobator Ventures. Binarly's flagship product, Binarly Transparency Platform, significantly reduces the cost and time to respond to security breaches by identifying known and unknown vulnerabilities, misconfigurations, and malicious code implants for device manufacturers, OEMs, IBVs, and product security teams.
Bedrock Security 1000万美元种子轮融资
The investor in this round of financing is Greylock. Bedrock Security is a data security company that is transforming data security in the cloud and generative AI era with a data security platform powered by an artificial intelligence inference engine (AIR). Bedrock meets the speed, scale, and precision required by modern enterprises for data security.
Abstract Security 850万美元种子轮融资
The investors in this round of financing are Crosslink Capital, Rally Ventures, and Liquid 2 Ventures. Abstract Security is a security platform provider that has developed an AI-powered assistant platform designed to better centralize security analytics and management. Deliver a SIEM solution by correlating data between data streams in real-time.
Sprocket Security 800万美元融资
The investors in this round of financing are Blueprint Equity and Capital Midwest Fund. Sprocket Security is an expert-driven, offensive security platform startup with services including attack surface management and red and purple team exercises, with security teams at their core enabling them to continuously validate their security posture, understand the most complex risks, and mitigate threats with the support of a team of experts.
Dymium's $7 million seed round
The investor in this round of financing is Two Bear Capital. Dymium is a California-based startup that develops technology for businesses to protect access to sensitive data. The company's AI-based chat-based Dymium Platform enables any user or application to access data in real-time and in the format they need, providing real-time, transparent data governance that goes beyond typical access controls and integrates with existing IAM infrastructure for PII protection and data redaction policy enforcement.
Tarsal 600万美元种子轮融资
The round was led by Harpoon Ventures and Mango Capital, with participation from Abstract Ventures, Backend Capital and Y Combinator. Tarsal is a startup that aims to help security teams strengthen data management and enable them to run security analytics on modern data stacks, with a one-click extract, transform, and load (ETL) platform that ingests, normalizes, and analyzes data in a variety of environments.
Redcoat AI 424万美元种子轮融资
This round of financing was led by Pear VC, with participation from Leonis Capital, Sancus Ventures, Kyber Knight and others. Initiated by a team of experienced cybersecurity and AI experts, Redcoat AI leverages the latest AI innovations to build systems that defend against sophisticated cybersecurity attacks, such as AI-driven social engineering attacks that leverage contextual information, deepfakes, and human-like interactions.
PeakMetrics 300万美元种子轮融资
本轮融资由York IE领投，Argon Ventures、Parameter Ventures、CEAS Investments参投。
PeakMetrics provides a narrative intelligence platform that helps businesses and governments identify and combat emerging cyber narrative threats. It leverages ML technology to analyze more than 1.5 million media sources and 10 different social media platforms to identify media manipulation and hostile attacks in real-time before damage is done.
Eyris raised $3 million in seed round
The investor in this round of financing is Red Cell Partners. Designed to provide cybersecurity, secure communications, and data protection, Eyris offers a full suite of blockchain technologies to provide advanced security solutions and ransomware mitigation solutions for the Department of Defense (DoD), the intelligence community, and the private sector.
Leen 280万美元Pre种子轮融资
The round was led by 11.2 Capital, with participation from Preface Ventures, Inner Loop Capital and 14 other individual investors. Leen is an API security vendor that provides a unified API that combines multiple APIs into a single standardized interface, simplifies complexity, and simplifies development through consistent, standardized access to various services.
$2.5 million seed round funding round from SydeLabs
The investors in this round of financing are Picus Capital, RTP Global, Kunal Shah, and Sai Srinivas Kiran G. SydeLabs is a startup that responds to the growing number of AI attack vectors with a real-time, intent-based firewall and helps developers stay away from the vulnerabilities that large language models (LLMs) can have at all stages of the project lifecycle.
LeakSignal 160万美元种子轮融资
The round was led by Shasta Ventures, with participation from TFX Capital, Blu Ventures, and CyberMentor Fund. LeakSignal is a microservices architecture data security vendor that provides agentless, real-time traffic analysis and sensitive data classification technology designed to protect organizations from the threat of data breaches. Its solution empowers cloud security teams with unprecedented advanced attacker identification and blocking capabilities through simplified rate limiting, data red actions, and segmentation control.
CredShields 100万美元战略融资
The investor in this round of financing is Draper Associates. CredShields primarily provides Web3 security services and is able to provide solutions to secure digital assets and ensure the integrity of blockchain-based transactions.
BreachBits种子轮融资
The round was led by Blu Ventures, and the exact amount of the investment was not disclosed. BreachBits is a cyber risk rating platform that provides accurate cyber risk ratings and avoids false positives that are prevalent in the cyber risk quantification market by verifying and testing threats identified by clients.
Holistic AI风险轮融资
The round was funded by Mozilla Ventures, and the exact amount was not disclosed. Holistic AI enables businesses to fully and securely harness the full and secure potential of AI in their business, with a focus on transparency, accountability, and security. Provide end-to-end solutions, including AI trust, risk, security, and compliance, to enable enterprises to adopt AI at scale.
France
Zama 7300万美元A轮融资
The round was led by Multicoin Capital, Protocol Labs, Metaplanet, Blockchange Ventures, Vsquared Ventures, Stake Capital Group, Portal Ventures, Juan Benet (founder of Filecoin), Anatoly Yakovenko (Solana). co-founder) and Gavin Wood (co-founder of Ethereum and co-founder of Polkadot) followed suit. Zama is an open-source cryptography startup focused on building fully homomorphic encryption (FHE) technology to protect privacy in blockchain and artificial intelligence applications.
Filligran 1500万欧元A轮融资
The round was led by Accel, with participation from Motier Ventures and Moonfire Ventures. Filigran is a France-based threat intelligence company that has designed and developed an expanded threat management (XTM) portfolio spanning cyber threat intelligence, adversary simulation, and crisis management solutions that have served thousands of private and public organizations around the world.
Anozr Way 600万欧元A轮融资
The round was led by Hi Inov - Dentressangle, with participation from Breizh Up and BNP Paribas Développement. Anozr Way is a cyber risk management company that continuously predicts and manages attacks through an all-in-one platform that protects the company's strategic assets from human vulnerabilities.
Mindflow's €5 million seed round
The investors in this round are Nauta Capital, Auriga Cyber Ventures, Olivier Pomel, and Thales Corporate Ventures. Mindflow provides a no-code enterprise automation SaaS platform that allows all network and IT teams to orchestrate and automate their workflows, helping enterprises achieve digitally intelligent operations.
Estonia
BotGuard OÜ €12 million Series A financing
The round was led by MMC Ventures, with participation from Tera Ventures, Expeditions Fund, and individual investors. BotGuard offers solutions that help hosting providers filter web traffic and protect their infrastructure and customers. The company's cloud-based solutions leverage artificial intelligence to allow organizations to filter good, neutral, and malicious traffic to protect them from threats such as data theft, scams, and distributed denial-of-service (DDoS) attacks.
Nuke 50万英镑种子前融资
The investors in this round of financing are Ballinger Group and Wey Bridging Finance. Nuke solves the problem of phone theft by providing an instant deactivation service for stolen data. According to the company, it can instantly cancel bank cards and SIM cards and instantly secure digital accounts such as banking apps and social media.
Canada
Codezero 350万美元种子轮融资
The investor in this round of financing is Ballistic Ventures. Codezero's identity-aware overlay Codezero Teamspaces allows developers to instantly create environments of services that span on-premises, the cloud, and even colleague computers, bringing a scalable, manageable Zero Trust approach to developer access provision.
AllHeart Web's $100,000 seed round
The investors in this round of financing were not disclosed. AllHeart Web is committed to helping enterprises address security in the digital environment through its AI-driven marketing automation and cloud-based innovation services platform, including due diligence, market search, threat intelligence, brand protection, and anti-fraud.
Singapore
StealthMole 700万美元A轮融资
The round was led by Korea Investment Partners, with participation from Smilegate Investment and Hibiscus Fund. StealthMole is an AI-powered dark web intelligence company focused on monitoring cyber threats and detecting cybercrime.
Shentu Chain种子轮融资
The investors in this round are Draper Dragon, Fenbushi Capital, OKX Ventures, NEO, Bitmain, Binance Labs, Lightspeed Venture Partners, DHVC, KuCoin Ventures, and Matrix, and the specific investment amount is not disclosed. Shentu Chain is responsible for security-oriented blockchains, leveraging technologies such as DeepSEA and Shentu Certified Virtual Machine (CVM) to ensure trusted smart contracts and a reliable development environment, making it a comprehensive solution for secure and transparent blockchain operations.
Israel
Sweet Security 5000万美元E轮融资
The round was led by Evolution Equity Partners, with participation from Glilot Capital Partners and Munich Re Ventures. Sweet Security is a cloud security company that provides a platform that uses modern attack detection models and auto-learning techniques to provide critical, comprehensive attack discovery to mitigate attacks before, during, and after an attack, with a security suite that includes detection, response, discovery, and prevention.
Euno's $6.25 million seed round
This round of financing was led by 10D and followed by INT3. Euno is a data governance startup that has developed a platform that helps business analysts leverage their expertise in structured query language (SQL) and business intelligence (BI) tools to quickly deliver data products, while optimizing centralized modeling governance to drive consistency across the organization.
Australia
Nullify 520万澳元种子轮融资
The round was led by Two Sigma Ventures and Root Ventures, with participation from Black Nova Venture Capital, Sarah Guo's Conviction Partners and individual investors. The company uses artificial intelligence (AI) to assist software developers and security teams in identifying and correcting potential vulnerabilities in their code during the development process. The company uses a combination of open-source resources and generative AI to identify, prioritize, and correct security flaws.
Germany
Steadybit 600万美元A轮融资
The round was led by Paladin Capital Group, with participation from Boldstart Ventures, Angular Ventures, and NewForge. Steadybit helps software developers improve the reliability of their software through the concept of chaos engineering, helping enterprises to prevent and reduce system vulnerabilities in advance, with the aim of injecting unexpected situations, analyzing how the software recovers or reacts to injected failures, and learning from them.
Netherlands
Eye Security 3600万欧元B轮融资
The round was led by J.P. Morgan Growth Equity Partners, with participation from Bessemer Venture Partners and TIN Capital. Eye Security provides enterprise-grade cybersecurity products for mid-market businesses, including 24/7 protection, incident response, and cyber insurance. Its solutions can integrate with existing infrastructure in hours, identify weaknesses and provide actionable recommendations, and provide fast, human-supported incident response capabilities.
Norway
Praxis Security Labs Pre种子轮融资
The investor of this round of financing was not disclosed, and the specific amount was not disclosed. Praxis Security Labs is a cyber security risk consulting firm that supports organizations in building cyber resilience by providing a unified human cybersecurity data platform. Help clients leverage existing data to gain easy-to-understand, contextualized and relevant cyber risk insights, while providing expert data-driven intervention and communication plans.
Portugal
Vawlt's €2.15 million seed round
The round was led by Lince Capital, Basinghall Partners, Beta Capital, and followed by existing shareholders Armilar Venture Partners, Shilling VC, Carlos Brazão, and Alain Fiocco. VAWLT was founded by researchers at the University of Lisbon. At the heart of its solution is the super-cloud concept, which creates a resilient, secure, and efficient storage environment by distributing data across multiple clouds or on-premises nodes at the same time.
New Zealand
Sandfly Security种子轮融资
The round was led by Gula Tech Adventures, with participation from Sorenson Capital and Alt Ventures. Sandfly Security is a Linux security vendor that provides intrusion detection and forensic investigation systems that investigate thousands of different tactics and threats to Linux infrastructure, including standard and stealth rootkits, malware, and other signs of compromise without compromising performance, and the company's approach provides comprehensive intrusion detection even when attackers employ stealthy and proactive evasion tactics.
United Kingdom
Think Cyber Security 380万美元种子轮融资
The investor in this round of financing is Fuel Ventures. Think Cyber Security develops products for end-user security education and awareness training. The company believes that technology can never solve 100% of cyber risks, and that more risk protection needs to involve the interaction between people and computers, and ThinkCyber offers a next-generation product that applies behavioral science theories in a highly innovative way, providing context-sensitive, real-time guidance to provide customers with safe behavior change.