Cybersecurity Illumio just scored $225M in new funding from Thoma Bravo and other investors

Illumio has notched a $2.75 billion valuation and plans to invest heavily in its programming for systems integrators (SIs) and managed security service providers (MSSPs). The Sunnyvale, Calif.-based zero trust segmentation vendor expects to source most of its business through the channel as soon as this year, and is currently enhancing its products to make them more […]

Private Equity Pushes Deeper Into Cybersecurity As Ransomware Attacks Ramp Up

In early May, a cyberattack at Colonial Pipeline prompted chaotic gas shortages up and down the East Coast. This week, a similar hack wreaked havoc on the operations of JBS, one of the world’s largest meat processors. Both were examples of the rapidly growing trend of ransomware—virtual attacks where criminals hold a company’s systems hostage […]

Aqua Security raises USD135m in Series E Funding at a USD1bn valuation

Aqua Security, the pure-play cloud native security leader, announced today the completion of USD135m in Series E funding led by ION Crossover Partners, putting Aqua’s valuation in excess of USD1 billion. The round included broad participation from Aqua’s existing investors, including M12 – Microsoft’s venture fund, Lightspeed Venture Partners, Insight Partners, TLV Partners, Greenspring Associates, […]

Cybersecurity firm Axonius raises $100 million at $1.2 billion valuation

Cybersecurity firm Axonius has raised $100 million in a private funding round led by New York-based growth equity firm Stripes at a valuation of $1.2 billion, the company said on Sunday. The latest funding came less than a year after Axonius’ last raise and brought Axonius’ total funding to $195 million, signaling strong investor appetite […]