Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

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

Advertisement. Scroll to continue reading.

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.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join us as we delve into the transformative potential of AI, predictive ChatGPT-like tools and automation to detect and defend against cyberattacks.

Register

As cybersecurity breaches and incidents escalate, the cyber insurance ecosystem is undergoing rapid and transformational change.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

CISO Conversations

Joanna Burkey, CISO at HP, and Kevin Cross, CISO at Dell, discuss how the role of a CISO is different for a multinational corporation...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...