Veeam Software announced the acquisition of Coveware, a provider in cyber-extortion incident response. It brings ransomware recovery and first responder capabilities to further strengthen Veeam’s radical resilience solutions for customers. Coveware by Veeam will continue to operate as it does today, providing incident response services to victims of cyber extortion attacks as well as working […]
The acquisition, which has been approved by ZeroFox’s Board of Directors, is expected to close in the first half of 2024. After the acquisition, ZeroFox will transition from a public entity to a privately held company.
MC2 Security Fund, a growth equity fund and affiliate of The Chertoff Group, has completed its acquisition of managed security services provider Trustwave. Trustwave specializes in managed detection and response, cyber advisory services, database security, and penetration testing. The company offers comprehensive offensive and defensive cybersecurity services. Investment group MC2 makes private-equity investments in high-growth […]
The cybersecurity sector recorded 346 funding rounds and 91 mergers and acquisition (M&A) transactions in 2023, according to cyber recruitment firm Pinpoint Search Group. This equals 437 cyber deals in total and a 40% increase from 2022, which saw 303 deals signed in the sector. However, the overall cyber investment raised in 2023 only amounted […]
SentinelOne has agreed to acquire PingSafe. The acquisition of PingSafe’s cloud native application protection platform (CNAPP), when combined with SentinelOne’s cloud workload security and cloud data security capabilities, is expected to provide companies with a fully integrated platform that drives better coverage, hygiene and automation across their entire cloud footprint. The planned integration of PingSafe’s […]
Security vendor SonicWall is expanding its zero-trust network offerings with the acquisition of Banyan Security. On Wednesday, SonicWall announced that it acquired Banyan Security, a startup founded in 2015 that provides a cloud-based zero-trust network access (ZTNA) security architecture through its security service edge (SSE) platform. SonicWall purchased Banyan for an undisclosed amount on Dec. […]
The previously bootstrapped Atom Security was founded earlier this year and the acquisition is valued at several million dollars. This marks Mend’s fifth acquisition in the last three years, totaling tens of millions of dollars 15:39, 24.12.23 Israeli cybersecurity firm Mend.io has acquired Atom Security, an Israeli company specializing in cyber risk assessment. Atom Security […]
BlueVoyant announced the acquisition of Conquest Cyber, a cyber defense company renowned for its innovative SaaS technology that streamlines risk management across an organization’s entire cyber program. Conquest Cyber has proven successful within high-security environments, including the U.S. Defense Industrial Base (DIB) and Government organizations. BlueVoyant raised more than $140 million in Series E funding […]
Broadcom has completed its $61 billion acquisition of cloud software maker VMware. Hock Tan, president and chief executive officer of Broadcom, said on Wednesday the combined company would focus on enabling enterprises to build and modernize their private and hybrid cloud environments. “Broadcom has a long track record of investing in the businesses we acquire […]
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