Hungarian cybersecurity company Balabit acquired by One Identity

Balabit, the Hungarian cybersecurity firm, has been acquired by US company One Identity. No terms have been disclosed. Balabit was founded in 2000 in Budapest and had raised $8 million from investors including London VC C5 Capital. This is One Identity’s first acquisition, which it said in a statement is intended to bolster its portfolio. […]

Proxyclick raises €3 million to make building security easier

Proxyclick, a Belgian startup creating physical security solutions, has raised €3 million in Series A funding led by JOIN Capital. The proptech (property tech) company, which was previously bootstrapped, creates a solution for accessing physical buildings. Guests are registered on the software platform and check in through an iPad at the premises, which notifies the […]

Medigate raises $5.35 million to help secure medical devices from attack

Medigate, an Israeli medical device cybersecurity company, has raised $5.35 million in seed funding led by YL Ventures with additional funding from Blumberg Capital. Cyberattacks on connected medical devices are on the rise putting patient privacy and electronic medical records at risk. Medical devices require extra care because they cannot be patched as quickly regular […]

Dutch cybersecurity startup EclecticIQ raises €14 million Series B

Amsterdam-based cybersecurity firm EclecticIQ has raised €14 million in Series B funding from Keen Ventures Partners and existing investors. To date the company, founded in 2014, has raised more than €20 million. The new funds will be invested in expanding its portfolio and improving its Fusion Center product, which provides organisations with cyber threat intelligence, […]

Turkish cybersecurity startup ATAR Labs raises €2.5 million seed round

ATAR Labs, an Istanbul-based cybersecurity startup, has raised €2.5m in a seed funding round led by Diffusion Capital Partners. ATAR Labs was built by Innovera, a Turkish cybersecurity consulting firm, and has now been spun off as an independent company. The new funds will be used for internationalising, by opening offices in Europe, the UK, […]

ForgeRock raises $88 million in Series D round for further growth

Digital identity management firm ForgeRock has raised $88 million in a Series D round led by Accel with participation from KKR. First founded in Norway and now based in San Francisco, ForgeRock will invest the new funds in further development of the ForgeRock Identity Platform and plans to grow from 400 employees to 500 by […]