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CyberSecurity Funding News: Week of 22 May 2023


Cybersecurity funding


Collected from across the cybersecurity world, here's the funding news in cybersecurity from the week of 22 May 2023.



Date: May 26, 2023

Funded Company: authID

Based in (Country): United States

Product Category: Identity and authentication as a service platform

Amount: $8.2M

Round: Post-IPO Equity

Funded By: Not mentioned


Date: May 24, 2023

Funded Company: Sekoia.io

Based in (Country): France

Product Category: Cyber threat intelligence platform

Amount: $35.0M

Round: Series A

Funded By: Banque des Territoires, BNP Paribas Développement


Date: May 22, 2023

Funded Company: Lingxin Digital Technology

Based in (Country): China

Product Category: Cloud data security platform

Amount: $14.3M

Round: Series B

Funded By: Firstred Capital


Date: May 24, 2023

Funded Company: Memcyco

Based in (Country): Israel

Product Category: Digital brand protection platform for businesses

Amount: $10.0M

Round: Seed

Funded By: Capri Ventures, Venture Guides


Date: May 23, 2023

Funded Company: CyberVadis

Based in (Country): France

Product Category: Third-party risk management platform

Amount: $7.6M

Round: Series A

Funded By: Zobito


Date: May 22, 2023

Funded Company: Strike Graph

Based in (Country): United States

Product Category: Compliance SaaS platform

Amount: $7.0M

Round: Venture Round

Funded By: BAMCAP


Date: May 23, 2023

Funded Company: Ballerine

Based in (Country): Israel

Product Category: Open-source risk management platform for business processes

Amount: $5.0M

Round: Seed

Funded By: Team8


Date: May 25, 2023

Funded Company: Qrcrypto

Based in (Country): Switzerland

Product Category: Quantum encryption security platform

Amount: $500.0K

Round: Debt Financing

Funded By: Not mentioned


Date: May 25, 2023

Funded Company: Hopr

Based in (Country): United States

Product Category: Cloud workload and API protection platform

Amount: $300.0K

Round: Seed

Funded By: TEDCO


Date: May 23, 2023

Funded Company: MindYourPass

Based in (Country): Netherlands

Product Category: Password management application

Amount: Undisclosed

Round: Venture Round

Funded By: Value Creation Capital


Date: May 23, 2023

Funded Company: Naoris Protcol

Based in (Country): New Caledonia

Product Category: Distributed ledger technology (DLT) security protocol

Amount: Undisclosed

Round: Grant

Funded By: T Challenge


Date: May 22, 2023

Funded Company: Citalid Cybersecurity

Based in (Country): France

Product Category: Cyber threat intelligence platform

Amount: $100.0K

Round: Grant

Funded By: Zurich Insurance Group



Date: May 22, 2023

Funded Company: CyberConIQ

Based in (Country): United States

Product Category: Security awareness training platform

Amount: $4.6M

Round: Debt Financing

Funded By: StonegateIG LLC


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