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CYBERSECURITY

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Cybersecurity Startup Hackuity Emerges Out of Stealth With a €12M funding

March 2022 CYBERSECURITY Cybersecurity Startup Hackuity Emerges Out of Stealth With a €12M funding Hackuity, an attack prevention cybersecurity startup, today emerged from stealth with a €12 millions funding round led by Sonae IM with participation of previous investor Caisse des Dépôts renewing its confidence. Founded by Orange Cyberdefense veterans and lifelong friends Patrick Ragaru and Pierre Polette, Hackuity empowers cybersecurity teams and leaders to comprehensively collect, prioritize, and remediate security weaknesses before they can be exploited by their adversaries. The explosion of the traditional IT infrastructure into collections of fragmented cloud & hybrid environments and distributed applications, combined with the natural growth of our digital footprint, created a perfect storm situation for cyber security teams in small and large organizations alike. The exponential complexity of their attack surface translated into an unmanageable fragmentation of cybersecurity tools, processes and tactics, which in turn considerably hindered their ability to find, prioritize,...
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Cybersixgill Announces $35 Million in Series B Funding to Expand Global Footprint to Combat the Growing Cybercrime and Cyber Threat Landscape

March 2022 CYBERSECURITY Cybersixgill Announces $35 Million in Series B Funding to Expand Global Footprint to Combat the Growing Cybercrime and Cyber Threat Landscape Funding Led by More Provident, Pension Funds, REV Venture Partners - Additional Investors Include CrowdStrike Falcon Fund, Elron Ventures, OurCrowd, and Sonae IM Tel Aviv, Israel – March 10, 2022 - Cybersixgill, the premier vendor of real-time and actionable threat intelligence, announced today the company has raised $35 million in Series B funding led by More Provident and Pension Funds and REV Venture Partners. Additional participating investors include CrowdStrike Falcon Fund, Elron Ventures, SonaeIM, and OurCrowd. This latest investment brings the company’s total investment to $56 million. The funds will be used to build on customer momentum, continue innovation of Cybersixgill’s threat intelligence solutions, expand global footprint and grow sales and marketing. “We are extremely pleased to be working with world-renowned cybersecurity investors and tech leaders...
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SafeBreach Closes $53.5 Million Series D New Funding to Fuel Momentum

November 2021 CYBERSECURITY SafeBreach Closes $53.5 Million Series D New Funding to Fuel Momentum Breach and Attack Simulation leader to accelerate growth with investment led by Sonae IM, Israel Growth Partners and strategic investor ServiceNow SafeBreach, the pioneer in breach and attack simulation (“BAS”), today announced that it has raised $53.5 million in Series D funding, led by Sonae IM and Israel Growth Partners (IGP), with additional participation from Sands Capital and Bank Leumi. The latest round also includes strategic investment from ServiceNow, the leading digital workflow company that makes work, work better for people, as well as participation from existing investors. Carlos Alberto Silva, Managing Partner at Sonae IM and Assaf Harel, General Partner at IGP will be joining the SafeBreach board, and Scott Frederick, Managing Director at Sands Capital will be added as a board observer. This new capital – representing the largest investment to date in a...
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Jscrambler raises $15 million in Series A funding

September 2021 CYBERSECURITY Jscrambler raises $15 million in Series A funding Jscrambler raises $15 million in Series A funding to rewrite the rules of website security A round led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures Integrated solution to tackle growing web supply chain attacks Trusted by Fortune 500 enterprises and SMEs Pedro Abreu announced as an independent board member Jscrambler, a technology company specializing in cybersecurity products for web and mobile applications, announced today it has raised $15 million in Series A financing to rewrite the rules of website security. The round was led by Ace Capital Partners, with the participation of existing investors including Portugal Ventures. With previous investor Sonae IM and now Ace Capital Partners, Jscrambler is supported by two of the largest cybersecurity-focused growth investors in Europe. The funding will be used to augment marketing and sales resources in...
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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...
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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...
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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...
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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...
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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...
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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...
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