Cyber startups still raking in investments
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Investors aren't shying away from new funding ahead of this year's RSAC.
Why it matters: Tariff-driven anxiety has slowed down much of the economy, including new startup investments.
- But based on the sheer number of deals announced in the last month, macroeconomic anxieties have yet to trickle down to the cyber world.
Driving thew news: Startups often unveil new funding ahead of RSAC to help lure in prospective customers they may be meeting with on the sidelines of the show.
Zoom in: My inbox has been flooded with news of fresh funding rounds for weeks. Here's just a taste of what's already been announced (in alphabetical order):
- AI security startup Amplifier Security scored $5.6 million in seed funding, and that funding round, led by TechOperators, was oversubscribed.
- Augur, an AI-based threat prevention company, raised $7 million in seed funding led by General Advance.
- Israeli AI cybersecurity startup Cynomi raised a $37 million Series B round led by Insight Partners and Entrée Capital.
- Dataminr announced a $100 million investment from Fortress to further build out its generative AI and agentic AI products.
- Endor Labs, which offers a tool that helps companies secure open-source code, raised $93 million from DFJ Growth, Salesforce Ventures, Lightspeed Venture Partners and others.
- Lightrun, an Israel-based startup focused on protecting against insecure code, raised a $70 million Series B round led by Accel and Insight Partners.
- Qevlar AI, an automated security operations center company, raised an additional $10 million in funding from EQT Ventures and Forgepoint Capital International.
- Reco, an AI cybersecurity agent startup, has raised a $25 million round led by Insight Partners.
- Cloud security startup Sentra raised a $50 million Series B round from Key1 Capital, Bessemer Venture Partners and others.
- SixMap, a company focused on attack surface management, said it landed a $7 million seed round led by IAG Capital Partners.
- Spektion, which focuses on software vulnerability management, emerged from stealth with a $5 million seed round led by LiveOak Ventures.
Between the lines: Startups and investors are eager to fill the void that buzzy cloud security startup Wiz once filled before it entered an agreement to be acquired by Google.
What to watch: It's yet to be seen whether this momentum will keep pace or if this funding bump is just an RSAC blip in an otherwise anxiety-riddled economy.
