cybersecdirectory

Penetration testing acquisitions and funding

53 acquisitions of penetration testing companies since 2020 and 48 funding rounds since 2022 on record. The most active buyers are Quadrant Private Equity (3), NetSPI (2) and Aikido Security (2). See the penetration testing companies in the directory.

53acquisitions
48funding rounds
$66.4mpaid in the 2 acquisitions with a disclosed price
$1.4bnraised in the 40 rounds with a disclosed size
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Deals

Showing 51 to 100 of 101

DateDealAmountSource
September 2024GRC Group acquired Pentest PeopleCREST and CHECK-accredited UK penetration testing firm with an SecurePortal platform and transparent pricing for mid-market organizations.UndisclosedReport on GRC Group buying Pentest People, September 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2024Zellic acquired Code4renaSmart contract auditing platform running competitive security auditsUndisclosedReport on Zellic buying Code4rena, August 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2024Cyber Advisors acquired BAI SecurityProvides offensive security testing and governance, risk and compliance solutionsUndisclosedReport on Cyber Advisors buying BAI Security, August 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024PureCyber raised private equity fundingInvestor Business Growth Fund$6.4mReport on the PureCyber funding round of July 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2024OnSecurity raised a Series A roundCREST-accredited, platform-driven penetration testing vendor in Bristol offering AI-augmented testing with rapid self-service booking for over 400 global customers.Investor Gresham House Ventures$7mReport on the OnSecurity funding round of June 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2024Almanax raised a pre-seed roundInvestor Defy.vcUndisclosedReport on the Almanax funding round of June 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
March 2024FluidOne acquired SureCloud Cyber ServicesFocuses on penetration testing and advising on cyber riskUndisclosedReport on FluidOne buying SureCloud Cyber Services, March 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2024F5 acquired HeyhackOffers automated reconnaissance and penetration testingUndisclosedReport on F5 buying Heyhack, March 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
December 2023Wavenet acquired Falanx CyberA British business doing intrusion tests, threat hunting and simulated attacksUndisclosedReport on Wavenet buying Falanx Cyber, December 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2023IP Pathways acquired Tenax SolutionsSecurity solutions provider offering vulnerability scans, penetration testing and compliance examinationsUndisclosedReport on IP Pathways buying Tenax Solutions, November 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2023Tesserent acquired Beyond BinaryTests systems by simulated attacks and offers expert advice$4.4mReport on Tesserent buying Beyond Binary, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2023Cycura acquired ProackAttacks systems on request, including intrusion tests, red teams and tricking staffUndisclosedReport on Cycura buying Proack, October 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2023mHACKeroni received a grantInvestor United States Space Force$50kReport on the mHACKeroni funding round of August 2023 (opens in a new tab)
August 2023Aegis raised a seed roundInvestors Generative Ventures and Northern Light Venture CapitalUndisclosedReport on the Aegis funding round of August 2023 (opens in a new tab)
August 2023Spearbit raised a seed roundInvestor Framework Ventures$7mReport on the Spearbit funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
August 2023Horizon3 raised a Series C roundHorizon3 runs autonomous attack testing to find and verify exploitable weaknesses in production environments.Investor Craft Ventures$40mReport on the Horizon3 funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
August 2023CovertSwarm raised fundingSubscription-based offensive cybersecurity firm delivering continuous cyber attack services with CREST STAR and CBEST accreditations from its London headquarters.UndisclosedReport on the CovertSwarm funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
August 2023Buguard raised a seed roundInvestor A15$500kReport on the Buguard funding round of August 2023 (opens in a new tab)
August 2023SIG acquired Triaxiom SecurityCybersecurity firm doing penetration testing, compliance auditing and security consultingUndisclosedReport on SIG buying Triaxiom Security, August 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2023Delivsec raised a pre-seed roundUndisclosedReport on the Delivsec funding round of July 2023 (opens in a new tab)
July 2023SpecterOps raised a Series A roundAdversary-focused security firm created by former DoD red team operators. Creators of BloodHound. CREST-accredited for penetration testing, red teaming, and purple team assessments.Investor Ballistic Ventures$8.5mReport on the SpecterOps funding round of July 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
July 2023Digital Value acquired A-76Firm testing systems, watching threats and running a security operations centreUndisclosedReport on Digital Value buying A-76, July 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2023ECIT acquired KovertFirm focused on intrusion checks, security checks and mimicking online assaultsUndisclosedReport on ECIT buying Kovert, June 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
May 2023Chess acquired CyberLabCardiff-based CREST and CHECK-accredited cyber security company delivering penetration testing, red teaming, and OT security assessments as part of the Chess Group.UndisclosedReport on Chess buying CyberLab, May 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2023SpecterOps raised a Series A roundAdversary-focused security firm created by former DoD red team operators. Creators of BloodHound. CREST-accredited for penetration testing, red teaming, and purple team assessments.Investor Decibel Partners$25mReport on the SpecterOps funding round of April 2023 (opens in a new tab)via Security, Funded (opens in a new tab)
April 2023Kaseya acquired Vonahi SecurityProvides an automated network penetration testing platformUndisclosedReport on Kaseya buying Vonahi Security, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2023Core4ce acquired PatchAdvisorIT security firm providing penetration testing servicesUndisclosedReport on Core4ce buying PatchAdvisor, April 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2023Quadrant Private Equity acquired ZXOffers security assessment, penetration testing, training and certification servicesUndisclosedReport on Quadrant Private Equity buying ZX, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2023Quadrant Private Equity acquired Quantum SecurityOffers security assessment, penetration testing, training and certification servicesUndisclosedReport on Quadrant Private Equity buying Quantum Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2023Quadrant Private Equity acquired Helix SecurityOffers security assessment, penetration testing, training and certification servicesUndisclosedReport on Quadrant Private Equity buying Helix Security, March 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2023Wavenet acquired Fidus Information SecurityUK consultancy providing penetration testing and security testing servicesUndisclosedReport on Wavenet buying Fidus Information Security, February 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2023Accenture acquired MorphusOffers intrusion testing, oversight, risk control and outsourced securityUndisclosedReport on Accenture buying Morphus, February 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2023NetSPI acquired NvisiumProvides offensive security and penetration testing servicesUndisclosedReport on NetSPI buying Nvisium, January 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
January 2023Beyon Cyber acquired DTS SolutionDubai-based cybersecurity firm providing pen testing and security consulting across the GCC with expertise in critical infrastructure.UndisclosedReport on Beyon Cyber buying DTS Solution, January 2023 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2022Bishop Fox raised fundingTempe, Arizona-headquartered offensive security firm and Black Hat / DEF CON regulars, makers of the Cosmos continuous attack surface management platform.Investor WestCap$46mReport on the Bishop Fox funding round of November 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2022Hexens raised a seed roundHexens audits smart contracts and provides offensive security for blockchain and Web3 projects.Investor IOSG Ventures$4.2mReport on the Hexens funding round of October 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
October 2022NetSPI raised fundingPenetration testing firm trusted by nine of the top ten US banks, with the Resolve platform for continuous attack surface management.Investor KKR$410mReport on the NetSPI funding round of October 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
September 2022SGS acquired Penumbra SecurityProvides information security assessment services to organisationsUndisclosedReport on SGS buying Penumbra Security, September 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2022Bishop Fox raised a Series B roundTempe, Arizona-headquartered offensive security firm and Black Hat / DEF CON regulars, makers of the Cosmos continuous attack surface management platform.Investor Carrick Capital Partners$75mReport on the Bishop Fox funding round of July 2022 (opens in a new tab)via Security, Funded (opens in a new tab)
July 2022Resecurity acquired Cybit SecCarries out checks for weak points and tests that try to break into systemsUndisclosedReport on Resecurity buying Cybit Sec, July 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2022Strike raised a seed roundInvestor Greyhound Capital$5.4mReport on the Strike funding round of April 2022 (opens in a new tab)
February 2022XMIRROR raised a Series B roundUndisclosedReport on the XMIRROR funding round of February 2022 (opens in a new tab)
February 2022Appalachia Technologies acquired Cyber Protection GroupSpecialises in penetration testing and complianceUndisclosedReport on Appalachia Technologies buying Cyber Protection Group, February 2022 (opens in a new tab)via SecurityWeek (opens in a new tab)
September 2021Solvinity acquired SecurifyTests software safety and breaks into systems for clientsUndisclosedReport on Solvinity buying Securify, September 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2021GoVanguard acquired Gotham SecurityProvides red-teaming and penetration testing servicesUndisclosedReport on GoVanguard buying Gotham Security, August 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
August 2021Chess acquired ArmadilloOffers intrusion testing, weakness checks and simulated attacksUndisclosedReport on Chess buying Armadillo, August 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2021Avantus Federal acquired Occam’s Razor TechnologiesFocuses on breaking into networks and cyber research workUndisclosedReport on Avantus Federal buying Occam’s Razor Technologies, July 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
April 2021Coalfire acquired Neuralys CorporationA web tool for organising tests that probe system weaknessesUndisclosedReport on Coalfire buying Neuralys Corporation, April 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
February 2021Guardforce AI acquired Handshake NetworkingA firm in Hong Kong that tests systems by trying to break inUndisclosedReport on Guardforce AI buying Handshake Networking, February 2021 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2020Acronis acquired CyberLynxOffers security audits, pen tests, forensics and trainingUndisclosedReport on Acronis buying CyberLynx, November 2020 (opens in a new tab)via Cybersecurity Ventures (opens in a new tab)

Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.