This week in the Enterprise News: Basis Theory raises $17 million funding round, Crunchbase Funding Round Profile, Devo Acquires AI-Powered Security Automation Innovator to Deliver the “Autonomous SOC”, Hivemapper Dashcam, Authtech, Twitter accepts Elon Musk’s $44 billion offer, Austin Peay State University on Twitter, Basis Theory raises $17 million funding round, & more!
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Adrian Sanabria
- FUNDING: SonarSource raises $412M to scan codebases for bugs – TechCrunch$412M Series ? co-led by Advent International and General Catalyst. Hugely confused at first, I eventually worked out that SonarQube and SonarSource are one and the same. The confusion comes from the fact that sonarsource.com is the commercial entity, with TOTALLY DIFFERENT BRANDING from Sonarqube.org, which is devoted to the FOSS side of the products. Both backed by the Swiss-based SonarSource S.A. Fundamentally a shift left AppSec product, focused on discovering issues in code before they get to production (whether through automated CI/CD pipeline testing, or an IDE plugin that shouts at devs in real time when they mess things up.
- FUNDING: ARMO raises $30M for the first open-source Kubernetes security platform
- FUNDING: Cybersecurity startup WiJungle raises seed funding of $22 million
- FUNDING: Basis Theory raises $17 million funding round
- FUNDING: Dassana Emerges From Stealth With $5M in Funding to Bring Cloud-Like Thinking to Logs
- FUNDING: Privy Closes $4M in Series A funding to Accelerate Growth
- GROWTH: How Privy hit $11.4M in Revenue with 19K Customers in 2022.
- FUNDING: Venture Round – SpiderOak – 2022-04-14 – Crunchbase Funding Round Profile
- ACQUISITIONS: Tenable Agrees to Acquire Bit Discovery
- ACQUISITIONS: Devo Acquires AI-Powered Security Automation Innovator to Deliver the “Autonomous SOC” – Devo.comDevo acquires Kognos. Details of the deal appear to be private. Isn't an autonomous SOC, by definition, NOT a SOC?
- ACQUISITIONS: Sophos Acquires SOC.OS for More MDR, XDR Security Automation – MSSP AlertNow Thoma Bravo-backed, private Sophos is making some acquisitions. Sophos was taken private by Thoma in 2020 for $3.9B. This is the fourth acquisition since the take-private and Sophos's 17th overall. Sophos went on a tear last summer, picking up Refactr (devops-focused SOAR), Braintrace (services), and Capsule8 (Linux attack prevention). SOC.OS is a SOCaaS provider, which makes sense, given Sophos's mid-market focus.
- TRENDS: Hivemapper Dashcam – Hivemapper NetworkPaying drivers to help create a competitor to commercial mapping services. What will be next in the defi world?
- REPORTS: Thinkst Applied Research – ThinkstscapesThe latest version of Thinkst's roll-up of goings on for the previous 6 months is available and free (not even any form to fill out).
- NEW PRODUCTS: AuthtechUsing flashing lights to authenticate? The concept isn't new - the Timex Datalink series of watches were PDAs for your wrist in the 90's. They flashed lights on the screen of your PC to transfer data to the watch.
- NEW PRODUCTS: SecurityScorecard Launches Cyber Risk Quantification Portfolio
- NEW PRODUCTS: Mindpass – Password ManagerLog into your password vault by picking out three random objects in 3D scenes. But why, when you could just use your fingerprint to log in???
- SQUIRREL: Twitter accepts Elon Musk’s $44 billion offer – TechCrunch
- SQUIRREL: Austin Peay State University on TwitterWe probably shouldn't be laughing, but the comments in this thread are hilarious.
