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Cybersecurity Funding News: Week of 18 September 2023


cyber funding news

Collected from across the cybersecurity world, here's the funding news in cybersecurity from the week of September 18, 2023.


Date: September 18, 2023

Funded Company: Dragos

Based in (Country): United States

Product Category: Operational technology (OT) and industrial control systems (ICS) security platform

Amount: $74.0 million

Round: Series D

Funded By: WestCap


Date: September 19, 2023

Funded Company: Cato Networks

Based in (Country): Israel

Product Category: Secure access service edge (SASE) platform

Amount: $238.0 million

Round: Venture Round

Funded By: Lightspeed Venture Partners


Date: September 19, 2023

Funded Company: HiddenLayer

Based in (Country): United States

Product Category: Platform protecting against adversarial machine learning (AML) attacks

Amount: $50.0 million

Round: Series A

Funded By: M12 - Microsoft's Venture Fund


Date: September 19, 2023

Funded Company: Alcion

Based in (Country): United States

Product Category: Backup-as-a-service and data protection platform for Microsoft 365 deployments

Amount: $21.0 million

Round: Series A

Funded By: Veeam


Date: September 19, 2023

Funded Company: Discern Security

Based in (Country): United States

Product Category: Cybersecurity mesh architecture (CSMA) platform

Amount: $3.0 million

Round: Seed

Funded By: BoldCap, WestWave Capital, and Cyber Mentor Fund


Date: September 19, 2023

Funded Company: Stoïk

Based in (Country): France

Product Category: Cyber risk insurance company

Amount: $10.7 million

Round: Venture Round

Funded By: Munich Re Ventures


Date: September 20, 2023

Funded Company: Legit Security

Based in (Country): United States

Product Category: Software supply chain security platform

Amount: $40.0 million

Round: Series B

Funded By: CRV


Date: September 21, 2023

Funded Company: Rocket.Chat

Based in (Country): United States

Product Category: Secure collaboration and messaging platform

Amount: $10.0 million

Round: Series A

Funded By: Valor Capital Group, Alexia Ventures, and Endeavor Catalyst


Date: September 21, 2023

Funded Company: Rencore

Based in (Country): Germany

Product Category: Cloud governance and compliance platform for the Microsoft stack

Amount: $8.0 million

Round: Venture Round

Funded By: UVC Partners


Date: September 22, 2023

Funded Company: Salvador Technologies

Based in (Country): Israel

Product Category: Operational technology (OT) security platform focused on resiliency and recovery

Amount: $2.2 million

Round: Grant

Funded By: BIRD Foundation

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