Market Insights

Safety First: Weekly Dealbook for 5/13/2021

5/13/21

Yifan Li

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This week’s deals reflect a rising investor appetite in cybersecurity solutions across different industries. Arkose Labs’s whopping $70 million Series C funding round highlights the bunch, reflecting a rising market interest in fraud and abuse prevention solutions. The $25 million investment from Moody’s (NYSE: MCO) and Team8 in VisibleRisk speaks to corporate cyber risk assessment. The acquisition of Hannover-based stashcat by Secunet (ETR: YSN) focuses on secure messaging and video conferencing. 

OWI Focus

Top Deals This Week

VisibleRisk
visiblerisk.com
2019

A joint venture between Moody’s and Team8 focused on the creation of a standard cyber risk rating. VisibleRisk establishes a common way for business executives to understand and manage their cyber risk exposure by focusing on financial metrics and benchmarking.

 

Moody’s Corporation (NYSE: MCO) and Team8, a global venture group, announced on May 12, 2021, the completion of a $25 million investment in VisibleRisk. Additionally, VisibleRisk announced the launch of a Cyber Rating product, building on the collaboration between Moody’s and Team8 to develop a global standard for assessing corporate cyber risk.

Arkose Labs
arkoselabs.com
2013

Provider of online fraud and abuse prevention platform designed to solve fraud problems for targeted businesses with zero friction. The company's platform uses a bilateral approach that combines global telemetry and a dynamic feedback loop which permits users to validate suspicious traffic and to train against serving enforcement to legitimate users, enabling businesses to eliminate the needless complexity of mitigation strategies and authenticate identities across all customer touchpoints with zero friction.

 

The company raised a $70 million Series C funding round led by SoftBank Vision Fund 2 on May 11, 2021, with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures, bringing the total funding to $114 million to date.

Railz
railz.ai
2020

Operator of an accounting data platform intended to provide a single connection to all major accounting service providers. The company's platform collects accounting data on customers in real-time through a front-end module that optimizes conversion rates, enabling clients to have access to financial transactions, analytics, insights, and reports on their customers.

 

The company raised CAD 12 million of Series A venture funding in a deal led by Nyca Partners on May 6, 2021. Seven other investors also participated in the round. The funds will be used to expand the company's efforts by continuing to build out its sales and engineering teams.

Spotlight

Investor Highlights

M12
m12.vc
2016

Founded in 2016, M12 is a corporate venture arm of Microsoft based in San Francisco, California. The firm prefers to invest in early-stage B2B companies, with a focus on companies in cloud computing and emerging tech.

 

Active Portfolio - 95

Investments (TTM) - 43

Med. Round Amount - $21.00M

Med. Valuation - $106.20M

# of Exits - 26

 

Arkose Labs

Authomize

Hazy

Hunters

Innovaccer

SpyCloud

Trusona

SPOTLIGHT
Public Highlights
Secunet Security Networks
secunet.com
1997

Secunet Security Networks AG is an IT and telecommunications security provider. It offers consulting services, products, and solutions in the field of IT and telecommunication security. It focuses on automotive security, awareness, biometrics, cloud security compliance, cyber security, e-government topics and solutions. The company is listed in the Prime Standard segment of the Frankfurt Stock Exchange and generated revenues of around 285 million euros in 2020.

 

Secunet has signed an agreement to acquire Hannover-based stashcat GmbH. stashcat enables secure, DSGVO-compliant messaging with integrated file storage and video conferencing functionality. According to Secunet, more than one million users already use stashcat.

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Safety First: Weekly Dealbook for 5/13/2021

This week’s deals reflect a rising investor appetite in cybersecurity solutions across industries. Arkose Labs’s whopping $70 million Series C funding round highlights the bunch,

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