Comcast Business Gobbles Masergy’s Managed SD-WAN

Comcast Business acquired managed SD-WAN and secure access service edge (SASE) vendor Masergy in a bid to grow its influence among large and midsized businesses.

While neither party disclosed the terms of the deal, Plano, Texas-based Masergy has raised $85 million in venture funding since it was founded in 2000. The company’s last funding round in 2005 raised $30 million, according to a Crunchbase report.

“Masergy provides a perfect complement to our portfolio of enterprise services and solutions and will allow us to instantly and dramatically amplify our growth in the global enterprise market,” Comcast Business President Bill Stemper said in a statement.

Cribl Snags $200M Series C

Observability pipeline vendor Cribl snapped up $200 million in a Series C funding round led by Greylock and Redpoint Ventures. Institutional Venture Partners, Sequoia, and CRV also contributed, pushing the company’s total raised to $254 million.

“Not since my time at AppDynamics have I seen a company taking such an innovative approach to solving a real customer problem,” David Wadhwani, partner at Greylock, said in a statement. “Cribl is enabling customers to realize their long-term observability strategies by addressing the single biggest pain point: getting control of the massive surface of data.”

More August Money Moves

Databricks closed its Series H funding round with $1.6 billion in investments, valuing the company at $38 billion.

Deloitte announced its acquisition of aeCyberSolutions.

Mavenir acquired Telestax.

Presto company Ahana raised $20 million during its Series A funding round, bringing total investments to $24.8 million.

Checkmarx announced its acquisition of Dustico.

Tessian closed its Series C funding round with $74 million in investments.

InterVision acquired SyCom Technologies.

Qlik announced its acquisition of NodeGraph.

Baffle raised $20 million in its Series B funding round.

Postman closed its Series D funding round with $225 million in investments, valuing the company at $5.6 billion.

DAS42 acquired Elasticiti.

Apollo GraphQL announced it raised $130 million in Series D investments.

CloudPay announced it raised $58 million in funding.

Blumira raised $10.3 million in its Series A funding round.

Ferret announced it received $4 million in seed investments.

Hunters raised $30 million in its Series B funding round.

Grafana Labs closed its Series C funding round with $220 million in investments, valuing the company at $3 billion.

Shield AI raised $210 million in equity financing during its Series D funding round.

Upstream Security raised $62 million during its Series C funding round, bringing total investments to $105 million.

BreachQuest raised $4.4 million in seed funding.

Monad closed its Series A funding round with $17 million in investments.

Rafay Systems raised $25 million in a Series B funding round.

Elastic entered into a definitive agreement to acquire Cmd.

Check Point Software announced its acquisition of Avanan.

Observe.AI acquired ScopeAI.

Novva Data Centers acquired a 37 acre campus with 190,000 square feet of data center facilities in Colorado Springs, Colorado.