Security News > 2024 > June > Breaking down the numbers: Q2 2024 cybersecurity funding activity recap

Breaking down the numbers: Q2 2024 cybersecurity funding activity recap
2024-06-25 03:00

We present a list of selected cybersecurity companies that received funding during the second quarter of 2024.

Alethea closed a $20 million Series B funding round led by GV, with participation from Ballistic Ventures, who led Alethea's Series A funding in 2022.

BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City.

LayerX announced $26 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with participation from Dell Technologies Capital and other investors.

The company operated in stealth mode with Seed funding from Team8, and the recent round was led by TCV, with participation from CrowdStrike Falcon Fund and Okta Ventures.

XONA closed an $18 million strategic funding round led by established cyber investor Energy Impact Partners, bringing the company's total funding to $32 million.


News URL

https://www.helpnetsecurity.com/2024/06/25/cybersecurity-funding-q2-2024/