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.
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- Managed security services 466
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Deals
Showing 1 to 9 of 9
| Date | Deal | Amount | Source |
|---|---|---|---|
| August 2023 | mHACKeroni received a grantInvestor United States Space Force | $50k | Report on the mHACKeroni funding round of August 2023 (opens in a new tab) |
| August 2023 | Aegis raised a seed roundInvestors Generative Ventures and Northern Light Venture Capital | Undisclosed | Report on the Aegis funding round of August 2023 (opens in a new tab) |
| August 2023 | Spearbit raised a seed roundInvestor Framework Ventures | $7m | Report on the Spearbit funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab) |
| August 2023 | Horizon3 raised a Series C roundHorizon3 runs autonomous attack testing to find and verify exploitable weaknesses in production environments.Investor Craft Ventures | $40m | Report on the Horizon3 funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab) |
| August 2023 | CovertSwarm raised fundingSubscription-based offensive cybersecurity firm delivering continuous cyber attack services with CREST STAR and CBEST accreditations from its London headquarters. | Undisclosed | Report on the CovertSwarm funding round of August 2023 (opens in a new tab)via Security, Funded (opens in a new tab) |
| August 2023 | Buguard raised a seed roundInvestor A15 | $500k | Report on the Buguard funding round of August 2023 (opens in a new tab) |
| July 2023 | Delivsec raised a pre-seed round | Undisclosed | Report on the Delivsec funding round of July 2023 (opens in a new tab) |
| July 2023 | SpecterOps 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 | $8.5m | Report on the SpecterOps funding round of July 2023 (opens in a new tab)via Security, Funded (opens in a new tab) |
| April 2023 | SpecterOps 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 | $25m | Report on the SpecterOps funding round of April 2023 (opens in a new tab)via Security, Funded (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.