Careers, Leadership

WeHackPurple, DevSecOps Evolution, Product-Led Growth, & 10 Security Startups – ESW #272

In the Enterprise Security News, Veza raises $110M for Data Security, Traceable raises $60M for API Security, 10 other security startups get funded, Synopsis buys Whitehat for $330M, HackerOne approves a PullRequest, Bright Security acquires WeHackPurple, LexusNexis acquires BehaviorSec, JupiterOne continues to release some compelling books, the DevSecOps evolution, the future of Product-Led Growth, & more!

Full episode and show notes


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Adrian Sanabria
Adrian Sanabria
Director of Product Management at Tenchi Security
  1. 1. FUNDING: Veza, the Data Security Company Built On The Power of Authorization, Emerges from Stealth and Announces $110 Million in Funding
  2. 2. FUNDING: Traceable Enters Next Phase of Growth to Deliver Hyperscale API Security - $60M Series B, $450M valuation, led by Institutional Venture Partners. Product focuses on "API security & observability".
  3. 3. FUNDING: Strider Technologies Raises $45 Million Led by Valor Equity Partners
  4. 4. FUNDING: Source Defense Raises $27M, Aims To Beef Up Channel Relationships
  5. 5. FUNDING: Smallstep Secures $26M in Funding to Further Practical Zero Trust by Automating Certificate Management
  6. 6. FUNDING: Enveil Secures $25 Million in Series B Funding
  7. 7. FUNDING: Intigriti secures more than €21M in Series B funding – Intigriti
  8. 8. FUNDING: Fleet nabs $20M to help enterprises manage their devices – TechCrunch
  9. 9. FUNDING: World’s First DDoS Risk Assessment Product – Israeli Cybersecurity Company MazeBolt Announces $10 Million in Funding
  10. 10. FUNDING: Hubble Technology Banks $9 Million for Asset Visibility Platform
  11. 11. FUNDING: Doppler expands secrets management to the enterprise with $6.5M in funding
  12. 12. FUNDING: Rita Personal Data Raises €1 Million in pre-Seed Round
  13. 13. ACQUISITIONS: Synopsys Buying WhiteHat Security from NTT for $330 Million - WhiteHat Security Was acquired in 2019 by NTT Security, but apparently wasn't material enough for the deal price to get reported. We were able to find estimates of revenue ranging from $60-65M, which puts the multiple here between 5x and 5.5x. The deal makes sense for Synopsys and rounds out the company's appsec offerings.
  14. 14. ACQUISITIONS: HackerOne Acquires PullRequest to Power Developer-First Security Testing Solutions
  15. 15. ACQUISITIONS: We Hack Purple, Acquired by Bright Security!
  16. 16. ACQUISITIONS: Sabanci Acquires OT Security Vendor Radiflow – Radiflow
  17. 17. ACQUISITIONS: LexisNexis Risk Solutions Acquires Behavioral Biometric Innovator BehavioSec
  18. 18. NEW PRODUCTS: Uptycs Strengthens Cloud Security Offering with Cloud Identity and Entitlement Management (CIEM), Announces Multi-Cloud Support
  19. 19. EVENTS: Innovation Sandbox - Probably my favorite RSAC moment every year, Innovation Sandbox is a shark tank-style contest where ten security startup finalists pitch to a panel of judges with a harshly-enforced 3 minute time limit. This year, it will be happening at Noon on Monday (June 6th). Previous winners include Apiiro, Axonius, BigID, and Phantom. The finalists include: Araali Networks (Container Security) BastionZero (Remote Access) Cado (Cloud Incident Response Platform) Cycode (AppSec and Data Leakage Detection) Dasera (Data Security) Lightspin (CNAPP Security) Neosec (API Security) Sevco (SOARv2) Talon (Enterprise Browser) Torq (SOARv2)
  20. 20. NEW BOOKS: JupiterOne Releases ‘Reinventing Cybersecurity’ Book, A Collection of Stories from Female and Non-Binary Security Practitioners Challenging The Status Quo
  21. 21. GOOD READS: The VC View: The DevSecOps Evolution and Getting “Shift Left” Right
  22. 22. GOOD READS: The Future of Product-Led Growth Might Be Hiding Where You Least Expect It – OpenView
  23. 23. REGULATIONS: New US Breach Reporting Rules for Banks Take Effect May 1
Katie Teitler
Katie Teitler
Senior Security Strategist at Axonius
Lee Neely
Lee Neely
Information Assurance APL at Lawrence Livermore National Laboratory
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