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RealDefense Raises $30 Million to Acquire More Privacy, Cybersecurity Firms

RealDefense this week announced that it has raised $30 million from Sunflower Bank, which brings the total investment in the company to $50 million.

Founded in 2017, the Pasadena, California-based firm provides organizations with privacy, cybersecurity, and optimization solutions for PC, Mac, and mobile devices.

RealDefense this week announced that it has raised $30 million from Sunflower Bank, which brings the total investment in the company to $50 million.

Founded in 2017, the Pasadena, California-based firm provides organizations with privacy, cybersecurity, and optimization solutions for PC, Mac, and mobile devices.

The firm offers software and services tailored for consumers and small businesses and has a global presence in 33 countries, claiming to have more than one million customers.

Additionally, RealDefense offers an M&A playbook for up-selling, cross-selling, and offering cost-effective customer support to increase the value of acquired companies.

RealDefense has recently acquired four software firms – including STOPzilla in October 2021 and iolo technologies – and says it will use the new funding to pursue more acquisitions in the privacy and cybersecurity technology sectors.

“This fresh round of funding will accelerate our M&A program by allowing us to act quickly on new opportunities,” RealDefense CEO Gary Guseinov said.

Related: Web Security Company Detectify Raises $10 Million

Related: Malwarebytes Raises $100 Million From Vector Capital

Related: SOC Infrastructure Firm Cyrebro Raises $40 Million

Related: Dope.security Emerges From Stealth With New Approach to Secure Web Gateways

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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