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CYBERSECURITY
November 2022

Probely raises 7.7 million euros in Series A round

Probely, the premier cloud-based dynamic application security testing solution, closed a 7.7 million euros Series A round.

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By CYBERSECURITY

Probely raises 7.7 million euros in Series A round

November 2022 CYBERSECURITY Probely raises 7.7 million euros in Series A round Probely, the premier cloud-based dynamic application security testing solution, announced today that it closed a 7.7 million euros Series A round co-led by Iberis Capital, a Portuguese venture capital with around 300 million euros in assets under management, and Semapa Next, a Lisbon-based venture capital firm that invests in Series A and B rounds in European-based companies. The international investor specializing in cybersecurity, TIIN Capital, as well as current investors Bright Pixel Capital (former Sonae IM), Caixa Capital, Portugal Ventures, and EDP Ventures, also participated in the funding round. “Our team of co-founders came from an Application Security team. We all experienced first-hand the hard task of scaling application security testing.”, Nuno Loureiro, CEO, and co-founder of Probely explains. “Given the shortage in Security professionals, it can only scale if you shift security testing left, allowing developers to...
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By EXITS

Centric Software Acquires StyleSage

November 2022 EXITS Centric Software Acquires AI-Powered, Competitive Benchmarking Solution, StyleSage StyleSage adds price and product trend insight to the Centric Software Platform. Centric Software®, the Product Lifecycle Management (PLM) and Planning market leader, is pleased to announce the acquisition of StyleSage™, a company offering AI-powered tools for competitive assortment benchmarking, and price and product trend insights. Centric Software, provides market-driven innovative enterprise solutions to plan, design, develop, source and sell consumer goods such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals. The retail landscape has never been more multifaceted than it is now – the current economic flux and supply chain crunch coming off the heels of the pandemic have led consumers to be prudent and discerning. Comparing prices is now standard as is paying more only for a compelling product. Retailers and brands are...
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By EXITS

Thales closes acquisition of leading cybersecurity players S21sec and Excellium

October 2022 EXITS Thales closes acquisition of leading cybersecurity players S21sec and Excellium With the acquisition of S21sec and Excellium, Thales will accelerate its cybersecurity development roadmap and expand its footprint in Spain, Portugal, Luxembourg and Belgium. Thales (Euronext Paris: HO), a global leader in advanced technologies and cybersecurity, has completed the acquisition of two European cybersecurity companies, S21sec (in Spain and Portugal) and Excellium (in Belgium and Luxembourg), gathered under the holding company Maxive Cybersecurity, following signature of an agreement with Bright Pixel Capital announced in May 2022. S21sec has around 400 employees on 9 sites in Spain and Portugal, and Excellium 146 employees in Luxembourg and Belgium, significantly enhancing Thales’ expertise and presence in this important market. Maxive Cybersecurity will leverage Thales’ leading Cyber Solutions business to enrich its offer and reinforce the capabilities of its Global Security Operations Center (SOC) in Madrid through Thales networks, to ensure...
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