Holm Security snares $4m from funding raise


Sweden-based vulnerability management firm Holm Security has landed €4m from a recent funding round led by Subvenio Invest.

Founded in 2015, Holm Security claims it delivers unparalleled 360-degree coverage and comprehensive insight to enable users to detect vulnerabilities, assess risk, and prioritize remediation for every asset across an entire organization.

The firm – which has locations across seven geographies – provides a next-gen vulnerability management platform that covers three layers.

The company’s platform provides attack surface coverage, including vectors such as systems, infrastructure and cloud services, web applications, computers, OT/SCADA and IoT, but also users through automated phishing simulation and awareness training.

Holm has locations in Stockholm, London, Ghent, Amsterdam, Copenhagen, New Delhi and Petaling Jaya.

Holm plans to use the new influx of capital to enhance its platform that is already enabling cyber-defence strategy for customers, covering both the technical and human assets.

Palo Alto Networks is set to acquire Israeli software supply chain firm Cider Security in a deal being valued at $195m.

According to Security Week, the acquisition is expected to close in the second quarter of next year.

SC Media said such an acquisition would enable Palo Alto Networks to integrate the capabilities of Cider Security’s AppSec platform to make its Prisma Cloud offering the most comprehensive supply chain security solution, delivered as part of its code-to-cloud security platform.

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