SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.

Funding

SafeGuard Cyber, a US-based provider of digital risk protection management software, has secured $45m in debt and equity financing in a round that included Cisco Investments, a subsidiary of networking technology provider Cisco. Venture capital firm NightDragon led the round, which also featured Allegis Cyber and which followed $2.5m from unnamed investors in 2009, $5.5m in 2011 and $3.9m in 2015 according to securities filings, and $11m in series B funding from AllegisCyber and NightDragon in 2018.

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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