IronNet Cybersecurity, a cybersecurity startup, raised $32.5 million in Series A funding led by Trident Capital Cybersecurity. Kleiner Perkins Caufield & Byers also invested in the round. Keith Alexander, former director of the National Security Agency, founded the company in 2014. “Criminal syndicates and nation states are inflicting tremendous harm on the private sector, costing hundreds of billions of dollars annually,” said Alexander. “Cybersecurity has become the most pressing threat to both the global private sector and our national security, and existing approaches and defenses to protect networks are falling short. IronNet is creating a new standard in cybersecurity by providing technology that gives our clients an unprecedented level of network visibility, data control, and security. This new funding from well-respected industry leaders like Trident Capital Cybersecurity and Kleiner Perkins will help accelerate our growth and scale the launch of the IronNet product line.”
Israeli traffic and analytics data provider SimilarWeb secured a $25 million funding round. The round of investment values SimilarWeb at $400 million, according to TechCrunch. The company has raised $65 million since 2009, and the most recent round was led by Naspers and Lord David Alliance.
Knip, a Swiss digital insurance broker, has closed a $15.7 million Series B round of funding. Route 66 Ventures led the round, with participation from Creathor Ventures, QED Investors and previous backers Orange Growth Capital and Redalpine Capital. The company claims the Series B investment is the largest fintech funding in Switzerland ever.
Zebit has launched its automated payment system that provides zero-interest credit, and announced $10 million in Series A funding. Crosslink Capital led the financing round, which also involved Wildcat Venture Partners, Leapfrog Ventures and Correlation Ventures. “Costly life events happen, but people shouldn’t have to pay up to four times retail prices for what they need,” said Michael Thiemann, co-founder and chief executive officer of Zebit. “We are proud to bring zero percent financing to those working Americans underserved by traditional credit providers. We believe that giving people access to free financial resources, along with better options for life-event purchases, will help them make healthier financial decisions.”