Cybersecurity Asset Management, Cloud Security, SOC, SIEM, Blue Team

Security Money – The Index is on the Rise – BSW #204

February 1, 2021

It’s time for our quarterly segment to review the money of security, including public companies, IPOs, funding rounds and acquisitions from Q4 2020. We’ll also update you on our own index that tracks public security companies called, Security Weekly 25. Visit https://www.securityweekly.com/bsw for all the latest episodes!

Full Episode Show Notes

Security Money - The Index is on the Rise

Outline of Segment:

1. Public Companies A. Changes to the SW25 Index: i. None B. At the close on January 29th: i. SW25 Index is 2226.85, which is an increase of 122.69% (way up from last Q) since inception ii. NASDAQ Index is 13,070.69, which is an increase of 96.99% (way up from last Q) during the same period iii. SW 25 Index closed at an all time high of 2325.79 on December 22, 2020 C. Summary of earnings from Q4 2020 i. Revenue beat by 2.03% on average (down from last Q) ii. Earnings beat by 28.24% on average (down from last Q) iii. Average analyst rating is 1.699 (stronger Buy) (down from last quarter) a. Best rated = Tenable again, Verint again, then CrowdStrike b. Worst rated = SecureWorks again, followed by Checkpoint again, then Netscout again iv. Best performer(s) = Sumo Logic, then Sailpoint again v. Worst performer(s) = Splunk again, then CyberArk D. IPOs for Q4 2020 i. McAfee (10/22/2020) – Opened at $18.60, below its $20 IPO price. Closed at $18.85 on January 29, 2021. ii. Telos (11/19/2020) – Opened at $21.90, above its $17 IPO price. Closed at $35.30 on January 29, 2021. E. Planned IPOs for 2021 i. Exabeam? ii. DarkTrace? iii. Lookout? iv. Illumio? F. Mergers and Acquisitions for Q4 2020 i. None G Key highlights: i. McAfee IPO falters ii. FireEye Close $400M Blackstone Investment
2. Private Companies A. Funding in Q4 2020 i. SentinelOne = $267M ii. Arctic Wolf = $200M iii. Tanium = $150M iv. Cato Networks = $130M v. Dragos = $110M vi. Menlo Security = $100M vii. Jump Cloud = $75M viii. Beyond Identity = $75M ix. Orca Security = $55M x. Onapsis = $55M xi. Eagle Eye Networks = $40M xii. GoSecure = $35M xiii. Salt Security = $30M xiv. 4iQ = $30M xv. Noname Security = $25M xvi. VMRay = $25M Series B xvii. Toka = $25M xviii. Illusive Networks = $24M xix. Outpost24 = €19M xx. Sonrai = $20M xxi. Accurics = $20M xxii. EclecticIQ = $20M xxiii. Unbound Tech = $20M xxiv. Eclypsium = $13M B. Acquisitions in Q4 2020 i. Palo Alto acquired Expanse = $800M ii. FireEye acquired Respond Software = $186M iii. Splunk acquired Flowmill iv. Akamai acquired Asavie v. Fortinet acquired Panopta vi. Flashpoint acquired CRFT vii. ZeroFox acquired Cyveillance from LookingGlass
3. Hot Startups A. Sevco

Hosts

Jason Albuquerque

Jason Albuquerque -

CIO & CSO at Carousel Industries

Matt Alderman

Matt Alderman -

Executive Director at CyberRisk Alliance

Paul Asadoorian

Paul Asadoorian -

Founder/CIO at Security Weekly/CyberRisk Alliance

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Audio

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