Here are some of the most prominent venture capital and merger and acquisition news items from January. If you’d like SDxCentral to report on your company’s VC or M&A activity in our monthly Money Moves section, or if you have any tips on that activity, please send the information to Emma Chervek ([email protected]).

The combined McAfee Enterprise and FireEye cybersecurity venture has a new name — Trellix — but it remains focused on dominating the lucrative extended detection and response (XDR) market by enabling organizations to adopt what CEO Bryan Palma calls “living security.”

The $2 billion company’s new name also reflects this concept, Palma said in an interview with SDxCentral.

“Metaphors of battle really dominate cybersecurity,” he said. “And that was great in the days when you used to have to put up a perimeter and keep bad guys out, but I just see it as crazy how some of our competitors talk about stopping breaches — it’s just not the world we’re in today.”

Breaches will happen, and the attack surface is becoming much larger and more complex, Palma said. “Threats are getting way more sophisticated. You’ve got to be able to learn and adapt and respond.”

Orca Security moved into API security with its first-ever acquisition: RapidSec, an Israeli cybersecurity startup that protects web applications from client-side attacks.

The companies did not disclose the financial terms of the deal. RapidSec raised $500,000 in a pre-seed funding round in 2020.

The acquisition comes on the heels of Orca’s $550 million extended Series C round, which boosted its valuation to about $1.8 billion. “And there might be others in the future,” Orca Security CEO Avi Shua told SDxCentral.

“The main parameter for us when we look at M&A is the ability to have a real integration into the platform,” he said. “It’s very easy to buy companies. It’s extremely hard to integrate them in a way that’s valuable for the customers.”

Fractal Analytics raised $360 million.

Zenlayer closed its Series C funding round with $62 million in investments. 

Banyan Security raised $30 million in Series B funding.

Xage raised $30 million in Series B funding.

Thrive acquired InCare Technologies.

RoadRunner Recycling raised $70 million in Series D investments.

TurbineOne raised $3 million in seed funding.

CrowdStrike launched its $100 million investment vehicle Falcon Fund II.

BigPanda raised $190 million in funding.

Ensono acquired ExperSolve.

Fractal acquired Neal Analytics.

Pentera raised $150 million in Series C funding.

Flashpoint acquired Risk Based Security.

Virtana raised $73 million in funding.

Verica raised $12 million in Series A funding.

Permiso.io announced it raised $10 million in seed funding.

Newgen Software acquired Number Theory.

Rackspace Technology acquired Just Analytics.

Jumio acquired 4Stop.

Pixis raised $100 million in Series C funding.

Coalesce emerged from stealth with $5.92 million in seed funding.

CodeSee raised $7 million in funding.

CaptivateIQ closed its Series C funding round with $100 million in investments.

Weaveworks acquired Magalix.

MinIO raised $103 million in Series B funding at a $1 billion valuation.

Cloudastructure acquired IPG. 

Passage emerged from stealth with $4 million in funding.

Codenotary raised $12.5 million in Series B funding.

Exclaimer Group acquired Periodic.

Virtru raised $60 million in funding.

Vectra AI acquired Siriux Security Technologies.

Slim.AI raised $31 million in Series A funding.

Dremio closed its Series E funding round with $160 million in investments at a $2 billion valuation.

Sync Computing emerged from stealth with $6.1 million in funding.

Appfire acquired Numbered Headings.

PQShield raised $20 million in Series A funding.

Portnox closed its Series A funding round with $22 million in investments.

SAP acquired a majority stake in Taulia.

NEC Corporation acquired Blue Danube Systems.

Citrix Systems agreed to be taken private for $16.5 billion by affiliates of Elliott Management and Vista Equity Partners.

Cyara raised $350 million in investments.

Talon Cyber Security raised $43 million in funding.

Idera acquired Yellowfin.