Recent Acquisitions and Funding in the Tech Industry
Several companies have made significant moves in the tech industry, including acquisitions and funding rounds.
- JumpCloud has acquired Breez, an identity threat detection platform, to enhance its Identity Threat Detection and Response (ITDR) capabilities.
- Chainguard has secured $280 million in growth financing.
- Sublime Security has closed a $150 million Series C round.
- ConductorOne has raised $79 million in a Series B round.
By acquiring Breez, JumpCloud immediately gains access to specialized, innovative technology and an experienced team to enhance its Identity Threat Detection and Response (ITDR) capabilities.
Other notable acquisitions include Presidio's agreement to acquire Ergo, an Irish MSP, and MTX Group's acquisition of VerifyID.ai, a digital identity verification company.
Author's summary: Tech companies secure funding and make strategic acquisitions.