List of 200 cybersecurity startups that received venture capital in 2017

VC firms and corporate investors are fueling a trillion-dollar cybersecurity market.

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April 4 — SlashNext, a California-based startup that provides a cloud-based program that uses machine learning to stop malware and socially engineered attacks, announced new funding of $9 million. The round was led by Norwest Venture Partners and Wing Venture Capital.

April 4 — Next-generation security information and event management and big data analytics platform LogPoint announced it secured $10 million in Series B funding from Evolution Equity Partners.

March 30 — Paris-based Ledger, a cryptocurrency startup, raised a $7 million Series A round to make hardware security devices ubiquitous.

March 30 — SmartSky Networks, a North Carolina startup building cellular towers for in-flight connectivity, announced a $170 million Series B funding round. One target market is government agencies interested in the company’s ability to send live video streams off an airborne platform, the cybersecurity advantage of having narrower spot beams (which reduce the physical access reach of potential hackers), and SmartSky’s encryption.

March 29 — Ripjar, a London-based firm focused on analytic problems for real-time threat intelligence, anti-money laundering, and insider threats, announced that it secured £3.75 million GBP ($4.5 million USD) in capital in order to bring its data analytics platform to more customers across the globe.

March 27 — Israeli-headquartered cybersecurity firm Votiro is raising $10 million in advance of ASX IPO plans, and Redfield Asset Management has already committed $2.93 million.

March 27 — Root9B Holdings, Inc. announced the closing of the private placement financing consisting of secured convertible promissory notes and common stock purchase warrants for net proceeds of $2.25 million

March 22 — VU Security, an identity security and fraud prevention firm based in Argentina, secured $4.3 million in Series A funding from existing investors INICIA and NXTP Labs.

March 21 — Bandura Systems, a St. Louis, Missouri-based cybersecurity software startup, reported raising an additional $650,000 in its most current funding round, bringing the total to $1.3 million.

March 20 — Bayshore Networks announced the closing of its Series A venture capital investment, with a final investment from Benhamou Global Ventures (BGV). Total investment now reaches $15 million.

March 14 — Dyadic Security secured $12 million in Series B funding, bringing total funding to roughly $15 million. Investors include Innovation Endeavors and Citi Ventures.

March 10 — Taiwan-based Bitcoin hardware wallet maker CoolBitX raised $500,000 in order to move into the broader blockchain security space and provide solutions for IoT devices and the medical industry.

March 9 — Cloud-based networking company Cradlepoint, with headquarters in Boise, Idaho, announced that it raised a new $89 million Series C Round of funding, focused on expanding its network security solutions.

March 9 — Albuquerque, New Mexico-based RiskSense announced that it doubled its funding round, raising a total of $14 million. Jump Capital joins four firms investing in the company’s Series A round of financing.

March 9 — Cymulate, a SaaS-based cyber-attack simulation company, raised $3 million in Series A funding. Susquehanna Growth Equity led the round.

March 7 — U.S.-Israeli mobile security firm Zimperium raised $15 million from Japan’s SoftBank in its latest funding round, its fourth, which brings the company’s total funding to $60 million. In June, Zimperium raised $25 million.

March 6 — London-based cybersecurity firm Garrison Technology Ltd. announced it raised £12 million in a Series A Funding round led by Touchstone Innovations. BGF Ventures, NM Capital, and the firm’s existing angel investors also participated in the round.

March 6 — Early-stage fund Parampara Capital announced its first investment in cybersecurity and cyber-intelligence startup Data Resolve Technologies.

Feb. 28 — Israeli behavior analytics company Fortscale Security Ltd. raised $7 million in its latest financing round led by Evolution Equity Partners and Valor Capital Group.

Feb. 27 — Strategic Cyber Ventures pledged $3.5 million to Polarity, helping the company expand its engineering and technology teams.

Feb. 24 — San Francisco-based drone protection startup Dedrone announced $15 million in additional funding from investors to develop its products. Felicis Ventures and Cisco’s Executive Chairman John Chambers delivered the bulk of the new funding.

Feb. 23 — Privacy Labs, a startup that allows users to take control of their data, secured a $4 million seed round of funding led by Initialized Capital.

Feb. 22 — Qumram announced further investment of 1.5 million Swiss Francs from the technology-focused venture capital firm Mundi Ventures, which is headquartered in Madrid.

Feb. 16 — Trillium, a Tokyo-based automotive IoT cybersecurity company, announced that it closed a Series A financing round of investments by lead investor Global Brain, Mizuho Capita,l and DBJ Capital.

Feb. 14 — Draper Triangle Ventures and the Ohio Innovation Fund led a $3 million Series A funding round for Wiretap.

Feb. 13 — Israeli cybersecurity company IntSights announced the completion of a $15 million Series B financing round. This round (which included investments by Glilot Capital Partners, Blackstone, Blumberg Capital, Wipro, Vintage Investment Partners, and other strategic investors) comes only four months after IntSights’ Series A round.

Feb. 13 — Bayshore Networks, a cybersecurity leader for the Industrial IoT, announced Samsung NEXT Ventures completed a strategic equity investment in the company’s Series A financing round

Feb. 10 — Empow, a Tel Aviv, Israel-based cybersecurity startup, raised $9 million in funding. Backers include both private investors and the Office of the Chief Scientist at the Israel Ministry of Economy.

Feb. 9 — Israeli cybersecurity startup Javelin Networks announced the closing of a $5 million Series A financing round, with investment from RSL Capital, Hillsven Capital, UpWest Labs, Tomer Weingarten, CEO of SentinelOne, and other private investors.

Feb. 9 — Demisto, Inc., an innovator in Security Operations technology, announced it closed its $20 million Series B round of funding.

Feb. 9 — TruSTAR, a security intelligence exchange platform built to incentivize information sharing, raised $5 million in Series A funding in a round led by Storm Ventures.

Feb. 8 — HackerOne announced $40 million in Series C financing. The round was led by Dragoneer Investment Group.

Feb. 8 — Trident Capital Cybersecurity announced that it closed its $300 million cybersecurity fund — which was was oversubscribed.

Feb. 7 — Exabeam, a leader in security intelligence solutions, announced it raised $30 million in series C funding, led by Lightspeed Venture Partners and Cisco Investments.

Feb. 7 — SecuredTouch completed a $3.5 million initial funding round with investment from the RDC Fund, among others.

Feb. 7 — Netwrix Corporation announced that it secured a Series A financing round led by Updata Partners.

Feb. 6 — Verato, Inc., a provider of cloud-based identity matching, announced that the company raised $12.5 million in Series B financing.

Feb. 3 — Drie announced the completion of a £410,000 seed funding round led by undisclosed angel investors.

Feb. 2 — Utimaco, a worldwide supplier of professional cybersecurity solutions, received all regulatory approvals for its new investor EQT Mid Market, a leading private equity group.

Feb. 2 — InfoArmor, Inc., a provider of employee protection solutions and elite cyber intelligence services, received an investment from global growth equity investor Summit Partners. Deal value was not disclosed.

Feb. 1 — Startup company Red Tulip Systems received  €300,000 from UNIIQ investment fund.

Feb. 1 — LogicHub, a new California-based security startup, raised $8.4 million in Series A funding. The round was led by Storm Ventures and Nexus Venture Partners.

Feb. 1 — Optiv Security, a provider of end-to-end cybersecurity solutions, and KKR, a leading global investment firm, announced the completion of the acquisition of a majority stake of Optiv by KKR.

Jan. 28 — Pindrop Security completed a $75 million Series C funding round, with investment from Google Capital, Andreessen Horowitz, and Institutional Venture Partners.

Jan. 25 — Internet security company SentinelOne raised $70 million in Series C financing. New investor Redpoint Ventures led the round, along with investment from Sound Ventures, Third Point Ventures, Data Collective, Granite Hill Capital Partners, Westly Group, and SineWave Ventures.

Jan. 24 — Microsoft Ventures joined Illusive Networks, a cybersecurity startup based out of Israel, as its newest strategic investor.

Jan. 24 — Cybellum, an Israeli cybersecurity company raised $2.5 million in a seed financing round led by Blumberg Capital.

Jan. 24 — Israeli cyber startup Secret Double Octopus raised $6 million Series A Funding. Investors include Jerusalem Venture Partners (JVP), Liberty Media’s Israel Venture Fund, Iris Capital, Benhamou Global Ventures, and angel investor Yaniv Tal.

Jan. 20 — ID DataWeb, a Virginia cybersecurity startup, picked up a $3 million investment from Washington, D.C.-based Strategic Cyber Ventures.

Jan. 20 — Enterprise incubator Alchemist landed $2.1 million in investment.

Jan. 18 — ProtectWise, a security startup, announced a $25 million round, with investment from Arsenal Venture Partners, Top Tier Capital Partners, Tola Capital, and unnamed strategic investors.

Jan. 17 — OPAQ Networks announced it completed a $21 million in Series A funding round led by Columbia Capital, Harmony Partners, and Zero-G Inc.

Jan. 17 — Fraugster, a German and Israeli anti-fraud technology startup, raised $5 million in a venture funding round led by Earlybird.

Jan. 17 — Colorado Impact Fund led a Series A funding round to invest $4 million in SecureSet Academy.

Jan. 12 — Transmit Security, an Israeli startup developing programmable biometric authentication, announced a $40 million self-founded round of financing.

Jan. 10 — Phantom announced it raised $13.5 million in Series B funding round led by Kleiner Perkins, with participation from existing investors TechOperators Venture Capital, Blackstone, Foundation Capital, In-Q-Tel, Rein Capital, Zach Nelson, and John W. Thompson.

Jan. 9 — Cybersecurity think tank and venture fund Team8 said Microsoft Ventures, Qualcomm Ventures, and Citigroup would join its partnership of international supporters. Although direct investment figures are undisclosed, the total funds raised by Team8 reached $92 million.

Jan. 6 — Total data protection company Bitglass announced it raised $45 million in Series C funding from Future Fund, NEA, Norwest, Singtel Innov8, and others.

Jan. 5 — New York-based Payfone raised $23.5 million in Series E financing. BlueCross BlueShield Venture Partners and Andrew Prozes led the round. There was also participation from Strauss Zelnick, Maclab Development Group and Transaction Network Services, and RRE Ventures among others.

All of the transactions can be found, along with hyperlinks to more information, in the Cybersecurity Venture Funding Report.

Stay tuned for coverage on 2018 VC deal flow.

Visit SteveOnCyber.com to read all of my blogs and articles covering cybersecurity.

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