Cybersecurity platform developer SafeBreach and home improvement technology provider Block Renovation each raised $50m or over in corporate-led rounds.

Funding

US-headquartered ‘breach and attack’ cybersecurity software provider SafeBreach completed a $53.5m series D round co-led by conglomerate Sonae on Tuesday through its Sonae IM subsidiary. Israel Growth Partners co-led the round, which included DTCP, the investment affiliate of telecommunications firm Deutsche Telekom, as well as enterprise software provider ServiceNow, Sands Capital, Leumi Partners, Sequoia Capital and DNX Ventures. The round took SafeBreach’s total funding to over $106m and followed a $19m series C in April 2020 featuring DTCP,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.