This week is off to a furious start for cybersecurity startups—as three new unicorns have been minted in the space in two days.
Tuesday saw not one, but two new unicorns born as and joined the herd. That was followed on Wednesday by New York-based hitting a $1 billion-plus valuation.
Managed detection and response firm eSentire, based in Waterloo, Ontario, closed a $325 million round at a valuation of more than $1 billion through an agreement with and (CDPQ). The round is the third largest raised by a Canadian company this year, behind only fellow cybersecurity company $620 million Series C and SaaS-based compliance solution provider $350 million Series D—both last month—according to СÀ¶ÊÓÆµÉ«ÇéÍøÒ³°æ data.
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In addition, multi-factor authentication (MFA) developer Beyond Identity on Tuesday locked down a $100 million Series C led by that values the New York-based company at $1.1 billion.
On Wednesday New York-based closed a $250 million Series D at a $1 billion-plus valuation on Wednesday led by —a private equity firm founded and led by former U.S. Secretary of the Treasury .
BlueVoyant becomes the third large cybersecurity funding round Liberty has led since it was reported early last year by that Mnuchin was starting his own fund with money from sovereign wealth funds in the Persian Gulf region and other investors.
Last July, Boston-based security company raised $275 million at a reported $3.1 billion valuation in a round led by Liberty. Then in November, Los Altos, California-based closed a $150 million Series E at a greater than a billion-dollar valuation, also led by Mnuchin’s new firm.
The trio nearly doubles the amount of unicorns minted in cyber this calendar year, and bring the number born just this month to five, according to СÀ¶ÊÓÆµÉ«ÇéÍøÒ³°æ data. Earlier this month, and reached that status, and in January and were minted.
This month has not just seen a growing herd of unicorns in cyber. Last week, announced a raise of more than $1 billion from —the second-largest round by a U.S.-based, VC-backed company this calendar year—behind ‘s $1.35 billion raise earlier this month, according to СÀ¶ÊÓÆµÉ«ÇéÍøÒ³°æ data.
The company, which offers security information and event management and extended detection and response capabilities, declined to give a valuation.
The amount of newly minted unicorns and large rounds seem to indicate 2022 could be a banner year for security—even after a record-breaking 2021 that saw more than $20 billion invested in the space.
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