10 Cybersecurity Companies That Hauled In Major Funding In Q2

Security Up-And-Comers, And The VCs Who Love Them

For those just tuning in now: Cybersecurity funding remains red-hot. In the second quarter of this year, CRN has found that 10 of the largest venture capital deals in the security space raised a combined $367 million. These 10 companies are well on their way to becoming heavy hitters in cybersecurity, if they're not there already. All of the deals were for $10 million or more -- and in some cases, a lot more, as with Cylance's $100 million in June.

Here are 10 of the major VC funding deals in security during the second quarter.

Anomali (formerly ThreatStream)

Headquarters: Redwood City, Calif.

CEO: Hugh Njemanze

Funding: $30 million, Series C

Investors: Institutional Venture Partners (led the round), General Catalyst Partners, GV, Paladin Capital Group

What it does: Threat intelligence -- detection and identification of adversaries in a network, by way of correlating threat indicators with real-time and log data feeds


Headquarters: New York

CEO: Gil Friedrich

Funding: $14.9 million, Series A

Investors: Greenfield Cities Holdings (led the round), Magma VC, StageOne Ventures

What it does: Cloud security platform for any SaaS or IaaS product, with capabilities including malware protection, data leakage prevention, email security, behavior monitoring and advanced threat detection


Headquarters: San Francisco

CEO: Casey Ellis

Funding: $15 million, Series B

Investors: Blackbird Ventures (led the round), Rally Ventures, Costanoa Venture Capital, Paladin Capital Group, Industry Ventures, Salesforce Ventures

What it does: Crowd-sourced security testing for enterprises, by way of a curated community of security researchers


Headquarters: Irvine, Calif.

CEO: Stuart McClure

Funding: $100 million, Series D

Investors: Blackstone Tactical Opportunities and Insight Venture Partners (led the round), existing investors (KKR, DFJ, Khosla Ventures, Capital One, Ten Eleven, Draper Nexus)

What it does: Uses artificial intelligence algorithms to predictively identify and stop malware and advanced threats


Headquarters: Dublin, Calif.

CEO: Tim Prendergast

Funding: $15.7 million, Series B

Investors: Venrock

What it does: Cloud-native software that continuously monitors an organization's workloads for security risks, then provides guidance to security staff about remediation options

Ionic Security

Headquarters: Atlanta

CEO: Adam Ghetti

Funding: $45 million, growth round

Investors: Amazon.com Inc., Goldman Sachs, Hayman Capital, GV, Icon Ventures, Kleiner Perkins Caufield & Byers, Meritech Capital Partners, Tech Operators

What it does: Data protection and control platform aimed at high assurance; services include advanced data visibility, control, protection and insider threat detection/prevention


Headquarters: Los Altos, Calif.

CEO: Gonen Fink

Funding: $20 million, Series B

Investors: Access Industries unit ClalTech and Shlomo Kramer (led the round), Battery Ventures, Glilot Capital Partners, Amplify Partners

What it does: Behavioral attack detection, with a focus on providing network and endpoint visibility, as well as context into attacks that are already under way in an environment


Headquarters: New York

CEO: Aleksandr Yampolskiy

Funding: $20 million, Series B

Investors: GV (led the round), Sequoia Capital, Evolution Equity Partners, Boldstart Ventures, Two Sigma Ventures

What it does: Cybersecurity rating and continuous risk monitoring platform across risk categories such as application security, malware and network security

Threat Stack

Headquarters: Boston

CEO: Brian M. Ahern

Funding: $15.3 million, Series B

Investors: Scale Venture Partners (led the round), Accomplice, .406 Ventures

What it does: Cloud security platform that provides insight about changes occurring in a user's cloud environments, with the aim of providing users with real-time visibility into what's going on


Headquarters: Mountain View, Calif.

CEO: Tim Eades

Funding: $41 million, Series D

Investors: Redline Capital and Telstra (led the round)

What it does: Distributed security system for data center and cloud security, specializing in micro-segmentation and analytics