Skip to main content
All Posts By

admin

By CYBERSECURITY

Maxive Cybersecurity, a new strategic holding company that combines two of the leading cybersecurity pure players in Europe – SonaeIM consolidates MSSP investments in Europe

December 2020 CYBERSECURITY Maxive Cybersecurity, a new strategic holding company that combines two of the leading cybersecurity pure players in Europe - SonaeIM consolidates MSSP investments in Europe The new holding company will aggregate S21sec (Spain, Portugal, Mexico) and Excellium (Luxembourg, Belgium) under one same holding company, Maxive Cybersecurity. Maxive Cybersecurity is positioned as one of the largest MSSPs pure players both in terms of business and specialized personnel and will offer its customers a wider set of services combining best practices and capabilities from both S21sec and Excellium. Sonae Investment Management has decided to consolidate its investments in cybersecurity Managed Security Services Provider (MSSP) under one single holding company that will operate as “Maxive Cybersecurity”. This operation, which will integrate the Spanish S21sec and Luxembourg based Excellium, will be completed by the end of 2020 and will result in one of the largest MSSPs pure players in Europe. The...
Read More
By DIGITAL INFRASTRUCTURE

Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and Sonae IM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms

December 2020 DIGITAL INFRASTRUCTURE Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and Sonae IM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms GitOps creator Weaveworks, Inc., today announced a $36.65 million Series C funding round led by some of the world’s leading public cloud and telecommunications companies, including first-time investors Amazon Web Services (AWS), Ericsson, Orange Ventures, Sonae IM and Telekom Investment Pool (TIP). The round also includes follow-on investments from Accel, GV, and Redline Capital, bringing total funds raised to date to $60 million. Weaveworks will use the fresh capital to enhance its GitOps-powered Kubernetes platform and accelerate market expansion, as enterprises and telecommunications companies demand massive scalability and speed of innovation for their cloud native applications. According to Alexis Richardson, CEO of Weaveworks, investors have come together to invest in their vision for the future of Kubernetes and cloud...
Read More
By EXITS

Fyde has been acquired by Barracuda. The first exit of Bright Pixel’s portfolio

November 2020 EXITS Fyde has been acquired by Barracuda. The first exit of Bright Pixel’s portfolio Fyde has been acquired by Barracuda, a trusted partner and a leading provider of cloud-enabled security solutions. This deal was the first exit of Bright Pixel’s portfolio. Fyde is a ZTNA provider based in Palo Alto, California and Porto, Portugal and was part of Bright Pixel’s portfolio since last year, when raised €2M in a financing round. According to Gartner: “ZTNA improves the flexibility, agility, and scalability of application access enabling digital businesses to thrive without exposing internal applications directly to the internet, reducing risk of attack.” Fyde’s innovative Zero Trust solution enables secure, reliable, and fast access to cloud or on-premises applications and workloads from any device and location. Fyde’s ZTNA solution addresses the security risks associated with traditional remote access by continuously verifying that only the right person, with the right device,...
Read More
By CYBERSECURITY

Cloud-Native Security Platform Deepfence Announces $9.5 Million Series A Investment

November 2020 CYBERSECURITY Cloud-Native Security Platform Deepfence Announces $9.5 Million Series A Investment Milpitas, CA – Nov 17, 2020 – Deepfence, a leading cloud-native workload protection platform, secured $9.5 million in Series A funding. The round was led by AllegisCyber, with participation from Sonae IM, and existing investor Chiratae Ventures. This investment comes on the heels of a banner year for Deepfence who saw their revenues and customer base more than double during the COVID-19 pandemic as businesses flocked to work-from-home and cloud-native technologies. Dave DeWalt, Managing Director at AllegisCyber commented, “Deepfence is a must-have for security teams grappling with cloud-native application security. I am as impressed with their team and vision as I am with their technology. They are pioneering the industry’s first cloud-native DPI technology and applying it broadly across the cloud-native continuum.” “We have seen significant traction since we started commercializing last year due to the novelty...
Read More
By DIGITAL INFRASTRUCTURE

Cellwize Secures $32M Series B Financing Led by Intel Capital and Qualcomm Ventures

November 2020 DIGITAL INFRASTRUCTURE Cellwize Secures $32M Series B Financing Led by Intel Capital and Qualcomm Ventures Cellwize, a global leader in mobile network automation and orchestration, today announced a $32 million Series B funding round in its parent company, Cellwize Wireless Technologies Pte. Ltd., led by Intel Capital and Qualcomm Ventures LLC with participation from Verizon Ventures, Samsung Next, and existing shareholders. Cellwize will use the funds raised to expand its global footprint, penetrate adjacent markets, such as private LTE/5G networks, and to enhance the features and capabilities of its CHIME platform and its value proposition for the existing customer base – including in its artificial intelligence and machine learning capabilities. The investment follows the significant market traction gained over the past year by Cellwize CHIME, the company’s next generation RAN automation and orchestration platform. With CHIME, Cellwize has captured a leading position in the mobile network automation domain,...
Read More
By CYBERSECURITY

Arctic Wolf secures $200M in Series E funding at a valuation of $1.3 Billion

October 2020 CYBERSECURITY Arctic Wolf secures $200M in Series E funding at a valuation of $1.3 Billion Arctic Wolf®, the leader in security operations, today announced it has raised $200 million in Series E funding at a valuation of $1.3 billion. The funding round was led by Viking Global Investors, with additional participation from DTCP and existing investors. This new round of funding will enable Arctic Wolf to accelerate the introduction of new security operations offerings, address new markets, and further cement its leadership position in the security operations and managed detection and response (MDR) markets. Using the cloud-native Arctic Wolf Platform, Arctic Wolf provides security operations as a concierge service. Arctic Wolf Concierge Security® experts act as an extension of an organization’s internal team, providing tailored threat detection and response, as well as ongoing risk management to keep their valuable business data safe. By pairing the intelligence of a...
Read More
By CYBERSECURITY

Sixgill announces investment by CrowdStrike Falcon Fund

September 2020 CYBERSECURITY Sixgill announces investment by CrowdStrike Falcon Fund Sixgill and CrowdStrike will also collaborate to enhance how enterprises stay ahead of emerging threats Sixgill, a leader in threat intelligence enablement and enrichment, announced today that CrowdStrike, a leader in cloud-delivered endpoint protection, has made a strategic investment in Sixgill through the CrowdStrike Falcon Fund. The CrowdStrike Falcon Fund is an early stage investment fund formed by CrowdStrike in partnership with Accel Partners that focuses on investments in companies that develop applications that have potential for substantial contribution to CrowdStrike and its platform. In addition to the investment, the two companies will pursue initiatives to offer joint customers enhanced threat intelligence capabilities. “CrowdStrike’s backing is a major acknowledgment of the strength of Sixgill’s capabilities and expertise”, said Sharon Wagner, Sixgill chief executive officer. “CrowdStrike understood the value that our industry-leading contextual intelligence was bringing to the market. This investment...
Read More
By RETAIL TECHNOLOGIES

Sales Layer has secured €3.5 million in a Series A investment round led by Sonae IM

May 2020 RETAIL TECHNOLOGIES Sales Layer has secured €3.5 million in a Series A investment round led by Sonae IM Sales Layer today announced that it has raised €3.5 million in Series A financing led by European-based corporate investor Sonae IM. Hispano-israeli venture capital Swanlaab Venture Factory and corporate investor Global Omnium joined the round. The funding will enable Sales Layer to scale international operations, invest in sales and marketing, expand its operational infrastructure as growth demands and provide further support for its customer success teams. Increased scope Founded by entrepreneurs Álvaro Verdoy and Iban Borràs, Sales Layer has become one of the leading solutions in Product Information Management, helping brands and retailers to transform their catalogs into a digital, enriched and multichannel control centre. PIM technology is replacing outdated in-house or legacy tools for the sharing of product information. The disruptive technology uses a cloud-based catalog management platform to...
Read More
By CYBERSECURITY

Sonae IM sells Lookwise Device Manager

April 2020 CYBERSECURITY Sonae IM sells Lookwise Device Manager Sonae IM sells Lookwise Device Manager, a software solution to protect critical devices against cybersecurity attacks Sonae IM has reached an agreement with Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, to sell Lookwise Device Manager (LDM), a modular security platform and a business unit of S21sec, the leading European Managed Security Services player. This operation is aligned with Sonae IM strategy of having an increased focus of S21sec in the Managed Security Services segment, allowing the company to dedicate all resources to its growth plan and reinforcing its position as one of Europe’s and LATAM leading cybersecurity pure players. LDM is highly regarded in the market. In 2018, LDM won the ATM Cyber Security Excellence Award at ATM Customer Experience & Security Summit. According to the independent judges, LDM won this award because it...
Read More
By CYBERSECURITY

Arctic Wolf Raises $60 Million to Further Fuel the Company’s Exponential Growth

March 2020 CYBERSECURITY Arctic Wolf Raises $60 Million to Further Fuel the Company’s Exponential Growth New Round of Funding Will Ensure More Organizations Can Experience Personal, Predictable Protection Arctic Wolf®, a leading security operations center (SOC)-as-a-service company, todayannounced it has raised $60 million in Series D funding, led byBlue Cloud Ventures and Stereo Capital,with additional participation from several new and existing investors, including Delta-v Capital and NextEquity Partners.This new round of fundingwill allow Arctic Wolf to introduce new service offerings, address new marketsand help further cement a leadership position inthe Managed Detection and Response (MDR) market. In 2019, soaring SOC-as-a-Service demand contributed to the growth of Arctic Wolf’scustomer base by over 130 percent. Paired with the company’s 4300 percent revenue growth over the last four years and a doubled security team to over 400 employees across four North American offices, the increased market need was a driving force that helped...
Read More