June saw another investment in cloud, data and AI startups. But the past few months have seen more acquisitions than fundraising. Notable among the funding rounds was Blackpoint Cyber, a leading technology-focused cybersecurity company that offers advanced security suites via managed service providers (MSPs), led by Bain Capital Tech Opportunities1 Received $90 million in growth investments. Data security firm Cyera also announced a $100 million Series B investment led by Accel and with participation from existing investors Sequoia and Cyberstarts.
Acquisitions made the headlines for a $2 billion deal. IBM announces a definitive agreement with Vista Equity Partners to acquire Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, for $4.6 billion, while data and AI company Databricks has entered into a definitive agreement to acquire MosaicML, a leading generative AI platform, for approximately $1.3 billion.
Here’s a quick look at some of the fundraising deals and acquisitions that happened in June in the cloud, data, and AI space.
Financing/investment
Blackpoint Cyber Secures $190M in Funding from Bain Capital Tech Opportunities and Accel
Blackpoint Cyber (Blackpoint), a leading technology-focused cybersecurity company that offers an advanced security suite through managed service providers (MSPs), has announced a 190 million investment led by Bain Capital Tech Opportunities with the participation of Accel. announced that it has received a dollar growth investment. Bain Capital Tech Opportunity and Accel join existing investors including Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP Global Partners. This investment will be used to fund the further development of Blackpoint’s security technology and help MSP partners combat the ever-changing threat landscape.
Blumira Raises $15M in Series B Funding, Launches Easy XDR Platform for SMBs
Blumira, a leading provider of detection and response technology, recently launched its XDR platform to provide enterprise-grade security for small and medium-sized businesses (SMBs). The company also announced that it has raised $15 million in Series B funding round led by Ten eleven Ventures, with participation from RPS Ventures, Mercury Fund, HPA and Duo Security co-founder Jon Oberheide.
Cyera Secures $100 Million Series B Investment
Data security company Cyera has announced a $100 million Series B investment led by Accel and with participation from existing investors Sequoia and Cyberstarts. Redpoint Ventures also joined as an investor. That brings the company’s total funding to $160 million since it emerged from stealth in March 2022.
Astrix Security Raises $25 Million in Series A Funding
Astrix Security, the enterprise trusted solution for securing non-human identities, raises $25 million in CRV-led Series A funding, with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. Secured. This new investment brings Astrix’s total funding to approximately $40 million. The company plans to use the funding to continue expanding its team in both its US and Tel Aviv offices, including the research team that recently discovered GhostToken, a critical zero-day vulnerability in Google Cloud Platform.
Nokod raises $8 million in seed round
Nokod Security, a company developing security for low-code/no-code custom applications and robotic process automation (RPA), has announced an $8 million seed round. This will be used to establish a presence in the US market, as well as to expand the R&D team and support new research into security vulnerabilities in the low-code/no-code space. Funding came from Acrew Capital, Meron Capital and Flint Capital, which have a successful track record of investing in top companies in data protection, software verification and cybersecurity.
Mergers and Acquisitions
Bain Capital values Chindata at around $3 billion in take-private offer
Investor Bain Capital has proposed taking the Chinese data center operator private in a deal that would value the company at $2.93 billion. The private equity firm already owns a 42.2% stake in Chindata, according to Bain Capital. Chindata’s services include designing and operating data centers in China, India, and Southeast Asia.
Thales to Acquire Australian Cybersecurity Firm Tesserent
Tesserent is one of Australia and New Zealand’s largest cybersecurity companies, with revenues of AUD 185 million (approximately €110 million) in calendar year 2022 and approximately 500 employees across nine offices. . As a leading government and defense cyber consulting firm, we provide a complete suite of cybersecurity solutions and services to midsize and enterprise-level organizations. The acquisition will enable Thales to accelerate its cybersecurity development roadmap and expand its presence in Australia and New Zealand.
Virtana Acquires Cloud Observability Platform OpsCruise
Virtana, the leading IT Operations Management (ITOM) company accelerating the innovation of hybrid, multi-vendor, multi-cloud infrastructures with Artificial Intelligence for IT Operations (AIOps), is the only purpose-built cloud-native cloud observability platform. acquired OpsCruise. , the Kubernetes observability platform. With this acquisition, Virtana will provide cloud native, open source, container and cloud native, open source, container and serverless capabilities.
Black Box Acquires GSN Australia
Black Box Limited (formerly AGC Networks Limited), a trusted IT solutions provider, announced that it has completed the acquisition of GSN Australia through its indirect wholly-owned subsidiary Black Box Technologies Australia Pty Ltd. The GSN Australia acquisition coincides with the Black Box acquisition. Strengthen our growth strategy and expand our product and service portfolio. As a result of this acquisition, Black Box will further strengthen its position in the Trans-Tasman market and will be able to offer its customers an even wider range of cloud contact center and digital experience solutions that leverage the skills and expertise of its customers around the world. will be
Airgap Networks Acquires NetSpyGlass
Airgap Networks, an innovation leader in cybersecurity solutions for business-critical networks, has announced the acquisition of NetSpyGlass, an innovative network and asset intelligence solutions provider. Airgap Networks’ acquisition of NetSpyGlass represents an important step forward in delivering an intelligent and innovative cybersecurity architecture for protecting core networks and protecting critical infrastructure.
Zendesk Acquires AI-Powered Employee Management Solution Tymeshift
Zendesk, Inc. has announced the completion of its acquisition of Tymeshift, a modern AI-powered workforce management (WFM) solution. Built specifically for Zendesk customers, Tymeshift simplifies the management of complex customer experience (CX) workloads. The company combines Tymeshift’s predictive and AI capabilities to power the next generation of AI-assisted CX productivity. It improves your organization’s productivity by automatically managing agent schedules and instantly responding to spikes in customer inquiries.
IBM to buy software provider Apptio for $4.6 billion
IBM announced that it has entered into a definitive agreement with Vista Equity Partners to acquire Apptio Inc., a leader in financial and operational IT management and optimization (FinOps) software, for $4.6 billion. The acquisition of Apptio will accelerate the advancement of IBM’s IT automation capabilities and enable enterprise leaders to deliver enhanced business value across their technology investments.
Databricks Acquires AI Platform MosaicML for $1.3 Billion
Data and AI company Databricks has announced that it has entered into a definitive agreement to acquire MosaicML, a leading generative AI platform. Combining Databricks and MosaicML makes generative AI accessible to any organization, allowing them to build, own, and secure generative AI models using their own data. The transaction is valued at approximately $1.3 billion, including the retention package.
Cisco Announces Acquisition of Network Monitoring Company SamKnows and Service Assurance Company Accedian
In June, Cisco announced its intention to acquire SamKnows, a private broadband network monitoring company headquartered in London, UK, to extend Cisco ThousandEyes’ industry-leading Internet and hybrid workforce experience perspective. He also announced the acquisition of his Accedian, a service assurance company. This will enable Cisco to gain greater visibility into the core environment of communications service providers (CSPs), enabling CSP customers to deliver the quality of service their users expect. The acquisition strengthens Cisco’s data center and provider connectivity portfolio, providing granular service insights that complement ThousandEyes’ end-to-end network and user experience visibility.
Multicloud Infrastructure Automation Software HashiCorp Acquires BluBracket
HashiCorp, Inc., a leader in multi-cloud infrastructure automation software, announced that it has acquired BluBracket, an innovator in code security for developers and security engineers. With this acquisition, HashiCorp expands its product portfolio to enable customers to discover and manage their entire secret inventory.
Visa to buy Pismo for $1 billion
Visa (NYSE:V) has announced that it has signed a definitive agreement to acquire Pismo for $1 billion in cash. Together, the companies will be positioned to offer customers core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards via cloud-native APIs. Pismo’s platform will enable Visa to offer financial institution customers support and connectivity to emerging payment rails like Pix in Brazil.
