Here are some of the most prominent venture capital and merger and acquisition news items from the past month. 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]).
Arista Networks Buys Big SwitchArista Networks bought SDN vendor Big Switch Networks.
The purchase marks the networking vendor’s third acquisition: Arista in 2018 snapped up cloud-managed WiFi firm Mojo Networks and then a month later bought Metamako, a provider of low-latency field programmable gate array (FPGA) products.
While Arista ultimately won, Big Switch had a long list of suitors that wanted to bring its technology in house. Several incumbent networking players, including Cisco, Dell Technologies, VMware, Juniper Networks, and Extreme Networks held “multiple meetings” with Big Switch over the past few months, according to a source.
Big Switch previously partnered with Dell on its open networking product line, which takes aim at proprietary vendors including Arista and Cisco.
VMware Acquires AIOps Vendor Nyansa to Bolster SD-WANVMware announced its intent to acquire AIOps provider Nyansa for an undisclosed sum, marking a sustained appetite for acquisitions following its $2.7 billion Pivotal purchase among others.
The software giant says Nyansa’s technology will enable the company to deliver improved network visibility, monitoring, and remediation to its VeloCloud SD-WAN platform, thus making it easier for customers to operate and troubleshoot network disruptions, or application performance challenges.
The acquisition of Nyansa will also extend end-to-end monitoring and troubleshooting capabilities for both the LAN and WAN, according to Sanjay Uppal, co-founder of VeloCloud and head of VMware’s SD-WAN division.
Other VC/M&A NewsOpen Systems acquired Swiss AIOps provider Sqooba making it the latest secure access service edge (SASE) vendor to add artificial intelligence (AI)-powered data analysis to its portfolio.
Google acquired no-/low-code application development platform provider AppSheet in a move that fills in a growing segment of the market focused on democratizing the developer space. The new purchase will slide into Google’s Cloud division.
TriggerMesh raised $3 million in seed funding to back its plans of building a cloud native integration platform. The company has been working toward that goal since it burst onto the scene in late 2018 focused on a serverless management platform that runs on top of the Kubernetes-based Knative platform.
Insight Partners purchased IoT security startup Armis for $1.1 billion. The deal marked the first cybersecurity acquisition of 2020, and it’s the largest-ever enterprise IoT security software acquisition, according to the companies.
Vapor IO secured $90 million in a Series C funding round, bringing its total amount raised to more than $100 million, and reached an agreement for Cloudflare to deploy its cloud services on Vapor IO’s Kinetic Edge platform.
Just shy of its one-year, $500-million investment in Veeam Software, private equity firm Insight Partners announced that it entered a deal to acquire all of the cloud-focused data management company in an all-cash transaction valued at around $5 billion.
In a move to improve user experiences, SD-WAN vendor Adaptiv Networks announced it acquired LiveQoS, a firm specializing in application acceleration, for an undisclosed sum.
Dell Technologies reportedly wants to sell its RSA Security business for at least $3 billion and hired Morgan Stanley to help with the sale, according to PE Hub. A company spokesperson declined to comment on the report.
Just months after paying $10.7 billion for Symantec’s enterprise security business, Broadcom sold a piece of it — Symantec’s Cyber Security Services unit — to Accenture for an undisclosed amount.
Colocation giant Equinix will acquire bare-metal cloud startup Packet in a deal that reflects the growing importance of edge computing.
Snyk, a developer-focused security startup that and identifies vulnerabilities in open source applications, announced a $150 million Series C funding round. This brings the company’s total investment to $250 million alongside reports that put the company’s valuation at more than $1 billion.
Zinier, a company that uses AI to automate field work, announced a $90 million Series C funding round, bringing its total amount raised to $120 million.
Performance monitoring company LogicMonitor updated its AIOps roadmap with the acquisition of Swedish AIOps company Unomaly.
CenturyLink secured a contract worth up to $1.6 billion to provide core networking and managed access services to the U.S. Department of the Interior.
BigID raised $50 million in new funding from Tiger Global following a $50 million Series C four months earlier.
Containous closed a $10 million Series A funding funding round led by Balderton Capital with previous investors Elaia and 360 Capital Partners' participation.
Enterprise cloud service provider AHEAD will purchase Platform Consulting Group.
Sysdig snagged $70 million in Series E funding led by Insight Partners with participation from previous investors Bain Capital Ventures and Accel. Sysdig’s total funding to date is $206 million.
Cellebrite closed a deal to acquire BlackBag Technologies, a Computer Forensic acquisition and analysis services.
Cyral, a startup that helps protect data stored in cloud repositories, announced an $11 million Series A led by Redpoint Ventures. The financing follows a previously undisclosed $4.1 million angel investment, which brings its total raised to $15.1 million.
Beezy closed a $16 million senior secured credit facility from Goldman Sachs Merchant Banking Division.
Container workflow, analysis, and security provider Anchore bagged $20 million in Series A funding led by SignalFire.
Circonus secured a $6.8 million Series A investment led by Osage Venture Partners.
CloudKnox Security raised $12 million, which brings the cloud identity management vendor's total funding to $22.75 million.
Vicarius announced a $5 million seed funding funding round led by Jerusalem Venture Partners.
Concentric emerged from stealth with $7.5 million in funding from Clear Ventures, Engineering Capital, Homebrew, and Core Ventures.
SECURITI.ai snagged $50 million in Series B funding led by General Catalyst. The latest round brings its total funding to $81 million.
NGD Systems raised $20 million in Series C funding.
Service-centric AIOps platform provider OpsRamp closed a $37.5 million investment round led by Morgan Stanley Expansion Capital and with new investor Hewlett Packard Enterprise (HPE).
Kloud.io bagged $4 million in seed funding led by Unusual Ventures.
Enterprise API design management company Stoplight announced a $6 million Series A co-led by Next Coast Ventures and Bill Wood Ventures. The latest round brings its total funding to $10 million.
STL purchased a 12.8% stake in ASOCS, a developer of open and virtualized Radio Access Network (vRAN) technologies. As a part of the transaction, STL also acquired board representation.
Passwordless multi-factor authentication technology provider Trusona secured $20 million in additional financing led by growth equity firm Georgian Partners.
New York-based security company Intezer raised $15 million in Series B funding led by OpenView.
ActZero acquired IntelliGO Networks.
Cyber insurance company Coalition penned a deal to buy internet scanning and security provider BinaryEdge.
CollabNet VersionOne (CollabNet) and XebiaLabs joined forces in a merger to create an integrated Agile DevOps platform for enterprises.
FireEye completed its acquisition of Cloudvisory.
Outlier bagged $22.1 million in a Series B funding round led by Emergence, bringing its total raised to more than $30 million.
Lighter Capital entered into an agreement to sell up to $100 million in credit assets to a private investment vehicle managed by HCG Fund Management.
ServiceNow signed a deal to acquire Loom Systems, an Israel-based AIOps company.
Iguazio raised $24 million of funding led by INCapital Ventures. This investment brings Iguazio’s total funding to $72 million.
Nuweba announced an expanded seed funding round of $10.2 million led by Blumberg Capital.
vChain closed a $7 million Series A investment round.