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CYBERSECURITY

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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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Sonae closes investment in Sixgill, leading provider in deep and dark web cyber threat intelligence

February 2020 CYBERSECURITY Sonae closes investment in Sixgill, leading provider in deep and dark web cyber threat intelligence Funds to fuel major expansion of solutions that enable enterprises to keep their finances, networks, and reputations safe from cyberthreats that lurk on the deep and dark web Sixgill, a leading cyber threat intelligence company, announced today that it raised $15M in a secondfunding round. The new capital will be used to significantly scale global operations and strengthen core products in support of its growing portfolio. The round was led by Sonae IM and REV Venture Partners with participation by Our Crowd. Previous investors Elron and Terra Venture Partners also participated in the round. “Sixgill uses advanced automation and artificial intelligence technologies to provide accurate, contextual intelligence to customers. The solution integrates seamlessly into the platforms that security teams use to orchestrate, automate, and manage security events,” said Sharon Wagner, CEO of...
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Fyde raises €2M in funding round and reinforces Bright Pixel’s cybersecurity portfolio

July 2019 CYBERSECURITY Fyde raises €2M in funding round and reinforces Bright Pixel’s cybersecurity portfolio Fyde, a disruptive US startup with a Portuguese DNA that wants to revolutionize the way users remotely access to their company’s servers, just closed a €2M post-seed round co-led by top VC investors Draper Nexus and Vertex Ventures, and subscribed by Bright Pixel, Portugal Ventures and Wells Fargo. Forget the complex, traditional VPN access and concerns about data breaches – yours and your clients’. Fyde introduces an innovative solution that changes the current paradigm and bridges the inefficiencies in remote access, adapting to the companies’ hybrid - cloud and on-premise -, decentralized and increasingly complex architectures. By using Zero Trust Security model, Fyde’s software also assures that all users are trusted and have verified access to the server. After two years of product development, by an engineering team based in Oporto, with the support of...
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Leading European Cybersecurity Group results from joining S21sec and Excellium, through a new Sonae IM investment in Benelux

January 2019 CYBERSECURITY Leading European Cybersecurity Group results from joining S21sec and Excellium, through a new Sonae IM investment in Benelux This operation creates one of the most relevant cybersecurity services pure players in Europe, counting with more than 500 professionals and direct presence in 13 cities across 6 countries Sonae Investment Management (Sonae IM), the technology investment arm of Sonae, announced it has acquired a majority stake on Excellium, a market-leading managed security services provider from Luxembourg, with presence in Belgium and more than 100 experts. Excellium provides professional and managed cybersecurity services, namely, through its proprietary SOC Eyeguard Solution (security operations center), being one of the market leaders in the Luxembourgish and Belgian markets. The company holds a strong blue chip customer base which includes the most renowned financial institutions, governmental entities and other economic groups with operations in the Benelux region. As a result of this transaction,...
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