Becoming a Year Younger, Material Security, Tailscale, Radiflow, & Artic Wolf – ESW #273
In the Enterprise News for this week: Funding announcements from Material Security, Abnormal, Teleport, Tailscale, Smallsetp, Phylum and more. Acquisitions include HDiv Security, and Radiflow. New product announcements from Siren, Corelight, Artic Wolf, Onapsis and Aqua. And, in other news, all South Koreans are about to become one year younger, & more!
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Hosts
- 1. FUNDING: YL Ventures Announces $400M Fifth Fund to Champion Israeli Cybersecurity Innovation
- 2. FUNDING: What Our Series C Investment Means for Our Customers$200M Series C round at a $4BN valuation. So correction, we have 3 more unicorns this week and 56 unicorns now?
- 3. FUNDING: Teleport Raises $110 Million Series C at $1.1 Billion Valuation Led by Bessemer Venture Partners with Participation from New Investor Insight PartnersOne of our two new unicorns for this week (putting the count at, I think, 55 cybersecurity unicorns now). Teleport makes it easy to access infrastructure without exposing SSH and RDP all over the place. This apparently makes them worth $1.1B. They're not the first to do this (CloudPassage comes to mind), but it looks like they remove a lot of friction and overhead from the process of implementing this at scale.
- 4. FUNDING: Tailscale lands $100 million to ‘transform’ enterprise VPNs – TechCrunch$100M Series B with an "over $1B valuation", but not in USD, in CAD. So sadly, they're only a unicorn in Canada. There's a joke in here somewhere.
- 5. FUNDING: Edge Delta raises $63M to help companies analyze observability data ‘at its source’
- 6. FUNDING: Smallstep Raises $26 Million for Automated Certificate Management Platform
- 7. FUNDING: Phylum Raises $15 Million to Proactively Defend the Open-Source Supply Chain$15M Series A. Very exciting and needed product - Phylum gives risks scores to open source software packages! Is it abandoned? Is it buggy? Would the maintainer fail a KYC/AML check? Increasingly, we're seeing companies get shafted by shady FOSS packages. Phylum might not even be the first to do this - I expect to see more companies tackling this problem. As usual, I suspect the Qualys, R7, Tenable cloud to be late to the party, but they'll get there eventually, and this will be a feature of Tenable.io and InsightVM someday.
- 8. FUNDING: Network Perception Secures $13 Million Series A Funding Round – Network Perception
- 9. FUNDING (FEDERAL): DOE announces $12M to enhance cybersecurity of U.S. energy systems – Daily Energy InsiderOnly $12M??? That's barely a seed round in the private markets these days!!! This is specifically just for R&D projects, but still...
- 10. ACQUISITION: Datadog Signs Definitive Agreement To Acquire Hdiv Security; Terms Not Disclosed – Benzinga
- 11. ACQUISITION: Magnet Forensics Acquires Cybersecurity Software Firm Comae Technologies – Magnet Forensics
- 12. ACQUISITION: Sabanci Acquires OT Security Vendor Radiflow – Radiflow
- 13. PRODUCT FEATURE: Kubernetes taps Sigstore to thwart open-source software supply chain attacks
- 14. PLEASEDOABUGBOUNTY: Antwerp-based UTM provider Unifly secures €10M to safely manage drones in airspace
- 15. SQUIRREL: All South Koreans are about to become one year younger – here’s whyThere's apparently a tradition that Koreans are considered 1 year old at birth, and then gain a year on New Year's Day, regardless of their actual biological birth date! This has caused issues with age-based COVID vaccination programs and other scenarios that require an accurate *biological* age, so Korea's new president is making the shift to using biological ages official.
