Cybersecurity · Industry brief

Twenty-one cybersecurity M&A deals were announced in July 2026, including several strategic acquisitions shaping the industry. Bank of America acquired UK-based MDSec Consulting Limited, expanding its information security consulting presence with roughly 65 cybersecurity professionals. CrowdStrike purchased the patents and source code of Israel's XM Cyber from Schwarz Group to integrate exposure management and attack-path analysis capabilities. Cyera agreed to acquire Israeli startup Oasis Security for approximately $1 billion, combining data security with non-human identity governance for enterprise AI agents. Okta signed an agreement to acquire Permiso Security for roughly $200 million to gain continuous identity threat detection capabilities, while Infoblox entered a definitive agreement to purchase network intelligence platform Kentik. Qualcomm acquired Israeli IoT cybersecurity startup SAM Seamless Network for over $100 million to embed network security software into wireless chipsets. Barracuda Networks acquired Texas-based Evo Security to expand its BarracudaONE platform with identity and PAM capabilities for MSPs, and Cribl acquired Israeli AI detection engineering startup CardinalOps to improve threat coverage for enterprise SOCs. Palo Alto Networks plans to acquire mobile and web observability platform Embrace to integrate real-time user telemetry and mobile threat visibility into its platform (SecurityWeek).

Team8, an Israel-based venture capital firm focused on enterprise technology, secured $365 million in additional capital, with $265 million dedicated to its third fund and $100 million for follow-on investments in portfolio companies. The funding brings Team8's assets under management to approximately $2 billion since its 2014 founding. The firm's cybersecurity portfolio includes notable exits such as Talon, Dig, and Koi, all acquired by Palo Alto Networks, and it has funded multiple cybersecurity startups this year including Frame Security, Act Security, Mate Security, Jazz, Fig Security, Astelia, and Lema AI, with current strategic focus on AI-native enterprise security solutions.