XPX - Exit Planning Exchange’s Post

We are thrilled to announce that Halcyon has raised a $100 million Series C Round led by Evolution Equity Partners with participation from Bain Capital Ventures, SYN Ventures, Dropbox, ServiceNow, Corner Capital Management, Harmony Ventures and other existing investors. Evolution Managing Partner Richard Seewald is joining the Halcyon Board of Directors. Evolution is also an investor in the Company's Series B Round raised last year. The funding will be used to accelerate the company's growth and strengthen its position as the leading anti-ransomware platform provider. “Halcyon is a consequential cybersecurity company and a market leader in its space,” said Seewald. “Ransomware has a devastating impact on individuals and organizations, causing financial losses, reputational damage, and loss of critical data. Halcyon stands alone in both its focus on and its approach to defeating ransomware. We are proud to be backing a tremendous team with a differentiated platform in one of the largest spend categories in cybersecurity today." Congratulations to CEO and Founder Jon Miller and CTO and Founder, Ryan Smith and the entire Halcyon team! #PressRelease: https://lnkd.in/gvT7Mnvc #BloombergArticle: https://lnkd.in/e-685cKD #DefendAndProtect, #EvolutionPortfolio, #Cybersecurity

Trustwave 🤝 Cybereason Trustwave and Cybereason shake hands on strategic merger. 2024 truly is the year of ‘consolidation’ and today showcased another example of how quickly the cyber landscape is shifting to offer ever more competitive offerings to customers. This time it came from the MDR space as Trustwave and Cybereason announce the two businesses will merge. The move by Trustwave owner The Chertoff Group and Cybereason owner SoftBank Group Corp. will see the two companies function independently but collaborate strategically on value-added services and capabilities to expand market presence. Let’s see what 2025 brings for both businesses. Hub-scale Elliott White Elliott Fielding Aliyah Corbett James Clancy Katie Minihan Jake Adshead #hubscale #mdr #cybersecurity #cyber #cybereason #trustwave #merger #executivesearch

Cybersecurity Capital Raises in the U.S. - August 26th-September 1st, 2024 The Cybersecurity sector has seen significant activity this past week. If you would like more info on these deals or the capital raising market for your company, please contact me. PE Growth/Expansion: MOXFIVE, a company specializing in cybersecurity consulting and cyber insurance, secured funding from Falfurrias Capital Partners. (Investors: Details not disclosed). Merger/Acquisition and Corporate: Computer Advisor, focused on cybersecurity services and systems, was acquired by Enterprise Computer System. Early-Stage VC: PrivacyHawk, a consumer privacy and data management platform, raised $3 million in early-stage venture capital to further develop its consumer database protection solutions. (Investors: Alumni Ventures, Cadron Capital Partners, Duro Ventures).   #castleplacement #capitalraising #privateequity #venturecapital #investment #Cybersecurity

A big day of many for those of us at Evolution Equity Partners. We are investors first and foremost. Everyday we think, prepare and work to help our exceptional entrepreneurs to further their goals and to set new ones. We seek to earn the trust of Founders, often those who have been on this journey more than once as potential portfolio companies. We have an outstanding team of colleagues that represent some of the finest minds in investing, cyber technology and AI/ML, and company scaling across product iterations, geographies and attaining results often further, much further than initially imagined. Evolution is a diverse lot of people and this adds to our strengths and offerings to our investors and portfolio companies. We are not afraid to point to our own mistakes made over nearly two decades of company building and share them with our portfolio companies to help them to avoid making some of these same mistakes. Richard Seewald, my co-Founder, Managing Partner, and friend and I share many great stories on this journey. We are very excited to start each day speaking with and learning from those we have the good fortune to meet and discuss their ideas, goals and business cases, and the technology they wish to bring to life to provide needed solutions that will be highly appreciated by their customers and users. Seeing Evolution's logo across the floor of the NYSE highlights clearly to me that at Evolution Equity Partners, we are investors first and foremost. Those who entrust us with their own hard earned investment money are top of mind in our portfolio selection and building that we make on their behalf and future benefit.

The Dynamic Cyber Duo is back at it! This week Stephen Lengel and I talked about the Q2 (April - June) #Mergers and #acquisitions. Lot's of talk about #PlatformPlays with IBM, Palo Alto Networks, Veracode, Tenable and Zscaler and other great and interesting moves by Wiz, BeyondTrust, and CyberArk. Looking forward to picking these discussions back up! #cybersecurity #WeeklyDigest #CyberVideo Optiv

Exciting times ahead as Abnormal Security gears up for an eventual IPO. Stay tuned for more insights in the latest issue of Industry World Magazine! 📈🔐 Abnormal Security Focuses on Eventual IPO Click Here To Read News In Details: https://lnkd.in/dCTEMmim #AbnormalSecurity #IPO #TechNews #IndustryWorldMagazine #MarketWatch #Cybersecurity #BusinessGrowth

🔒 𝗖𝘆𝗯𝗲𝗿 𝗥𝗶𝘀𝗸𝘀 𝗶𝗻 𝗠&𝗔: 𝗪𝗵𝗮𝘁 𝗣𝗘 & 𝗩𝗖 𝗙𝗶𝗿𝗺𝘀 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄 Cyber threats can erode the value of your investments during mergers and acquisitions. Here's how private equity and venture capital firms can stay ahead: ✅ Conduct comprehensive cybersecurity audits ✅ Evaluate past breach histories ✅ Align policies across merged entities ✅ Train teams on cybersecurity best practices How prepared is your firm to tackle these challenges? Share your thoughts! #Cybersecurity #MergersAndAcquisitions #PrivateEquity #VentureCapital #RiskManagement

🚀 Exciting News from Protexxa! 🚀 We are thrilled to announce that we have successfully closed our $10M Series A funding round! Bringing our total raise to $15M. This raise is a significant milestone in our mission to enhance global cyber defense through individual cyber hygiene. 🔒 Our new capital will fuel innovations in engineering and data sciences as we continue to build our #AI-powered platform, #Defender. As well as allow us to expand our sales and marketing teams as we enter global markets, with a major focus on the #USA ✅ Investors in our Series A include Bell Ventures and Sandpiper Ventures, with strong support from Export Development Canada | Exportation et développement Canada, BKR Capital, and Graphite Ventures. Thank you to our incredible team, partners, and investors for your unwavering support! Together we are making the digital world safer. 🌎 #Cybersecurity #SeriesAFunding #Protexxa #Defender #Innovation #TechNews