Here are some of the most prominent venture capital (VC) and merger and acquisition (M&A) news items from August. If you’d like SDxCentral to report on your company’s VC or M&A activity, or if you have any tips on that activity, please send the information to Sydney Sawaya ([email protected]).
VMware Buys Carbon Black for $2.1B and Pivotal for $2.7BVMware acquired Pivotal in a deal valued at $2.7 billion and endpoint security company Carbon Black in a deal valued at $2.1 billion. The latest acquisitions cap a massive buying spree that has seen the software vendor scoop up six companies since May.
Carbon Black developed a cloud-based endpoint security platform that uses big data and behavioral analytics to provide several security capabilities including threat hunting, incident response, antivirus and endpoint detection, and real-time endpoint query and remediation. It has more than 5,600 customers and 500 partners globally.
Both VMware and Pivotal are majority owned by Dell. The acquisition, however, will only increase Dell’s stake in VMware by .34 percentage points, to 81.09%.
Splunk Plunks Down $1.05B, Acquires SignalFxSplunk penned a deal to acquire SignalFx for $1.05 billion. Splunk hopes the company, which provides real-time monitoring and metrics for the cloud, microservices, and applications, will help bolster its position in observability and application performance management (APM) among enterprises that have cloud-native or on-premises applications.
The deal, which Splunk expects to close in the second half of fiscal 2020, is slated to be paid with about 60% in cash and 40% in Splunk common stock. Splunk says the acquisition will lower costs for customers and reduce friction points for enterprises that seek a central hub for multiple applications and capabilities at scale.
Broadcom Pays $10.7B, Puts Symantec Out of Its MiseryBroadcom reached a deal to buy Symantec’s enterprise security business and its name for $10.7 billion in cash. The deal doesn’t include Symantec’s consumer security business, which will continue under the Norton LifeLock brand.
The Symantec acquisition will expand Broadcom’s infrastructure software portfolio, and it follows the chipmaker’s $18.9 billion CA Technologies purchase late last year. Broadcom bought that company in large part for its enterprise software business. It also paid $5.9 billion to acquire Brocade in late 2017.
More August Money MovesDevOps software developer Opsani raised $10 million in a Series A funding round led by Redpoint Ventures, with participation from previous backers Zetta Ventures and Bain Capital.
Fuel50 secured $14 million in a Series B funding round led by PeakSpan Capital, bringing its total raised to nearly $20 million.
Armory, an open source continuous delivery platform developed by Netflix and Google, announced a $28 million Series B funding round led by Insight Partners.
New York-based AppViewX secured $30 million in growth funding from Brighton Park Capital.
Cockroach Labs completed a $55 Million Series C round of funding with contributions from Altimeter Capital, Tiger Global, and GV. This latest round brought the company's total funding to $108.5 million.
Austin, Texas-based data labeling platform Alegion locked-in $12 million through a Series A-2 round of funding led by RHS Investments.
Cisco announced its intent to acquire Voicea, a transcription service that blends AI and automated speech recognition (ASR), to enhance its Webex portfolio of products.
Capsule8 secured a multimillion-dollar investment from Intel Capital alongside existing investors ClearSky Security, Bessemer Venture Partners, and other strategic investors.
SignalWire closed an $11.5 million Series A funding round led by Storm Ventures.
Security platform provider Cybereason raised $200 million in a series of investments and commitments by SoftBank Group Corp.
Rookout closed on an $8 million Series A funding round backed by Cisco Investments and existing backers TLV Partners and Emerge.
Park Place Technologies acquired network performance monitoring software company Entuity to bolster its multi-vendor service delivery model.
Salesforce secured a deal to acquire field service management platform provider ClickSoftware.
Extreme Networks completed its acquisition of cloud-managed networking provider Aerohive Networks.
Cambium Networks announced its acquisition of Xirrus Wi-Fi products and cloud services from Riverbed Technology.
SECURITI.ai, an AI-powered cybersecurity and data protection infrastructure provider, secured $31 million in Series A funding led by Mayfield and Navin Chaddha, with participation from General Catalyst and Steve Herrod.
Memory augmentation platform Polarity announced a $8.1 million Series AA funding round led by TechOperators with additional participation from Shasta Ventures, Strategic Cyber Ventures, and Gula Tech Adventures.
Barracuda secured a deal to acquire advanced bot detection technology from InfiSecure Technologies.
Robot fleet management software company Formant acquired Pittsburg-based robot teleoperation startup Formation.
OpenSpace raised $14 million in Series A funding led by Lux Capital, alongside returning investor Goldcrest Capital.
Edge cloud services provider Zenlayer brought in $30 million in Series B funding led by Forebright Capital with contributions from Volcanics Venture and F&G Venture.
Incorta, a business intelligence and analytics startup founded by former Oracle executives, completed a $30 Million Series C funding round led by Sorenson Capital.
London-based Flatfair announced an $11 million funding round led by Index Ventures to expand its deposit-free renting platform.
Los Angeles-based edge cloud services provider Zenlayer secured $30 million in Series B funding led by Forebright Capital.
Platform9 raised $25 million in Series D funding led by NGP Capital, with participation from Mubadala Ventures and existing investors Redpoint Ventures, Menlo Ventures, Canvas Ventures, and HPE Pathfinder.
PacketFabric locked in a $75 million joint venture investment from Digital Alpha Advisors.