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With only $5M funding, this cybersecurity startup exited for $113M

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Hey startup-founder, venture builder, investor, or startup fangirl/boy, How are you doing?! Scaling-u
 
November 19 · Issue #3 · View online
Silicon Canals
Hey startup-founder, venture builder, investor, or startup fangirl/boy,
How are you doing?! Scaling-up in Europe already!!??
It has been an exciting week, with the acquisition of cybersecurity startup SecurityMatters for a whopping $113 million by Forescout. 🤑
We already had our eye on them when SecurityMatters raised $5M from KPN Ventures and others, thanks to (our partner) EIT Digital Accelerator. 💰
Ever wanted to meet a real prodigy? The 14-year-old AI expert Tanmay Bakshi will be speaking at IBM’s Developer Day on November 21st. Register now! ✏️📅
Travelbird’s predicement seems almost over, now that competitor Secret Escapes took over a part of the company and its staff. Read all about it! 📰
Picnic gets a competitor from app-only supermarket Crisp. They’re making a huge splash with the largest seed-round in the past three years in the Benelux (or so they claim). 💰
Looking to catapult your deeptech scale-up in Italy? Here’s how to embark that journey in the country of food, fashion, and espresso according to EIT Digital Accelerator. ☕🚀
Want to read more exciting stuff from the tech startup news world? Check out our top news features below! Also, please feel free to send your press releases or news tips via editors@siliconcanals.nl.
Have a great week!
Best,
Remco Janssen
Founder and publisher, Silicon Canals

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