Company
Every investor coverage indicates participated in a round XM Cyber raised.
Investors whose own portfolio pages list XM Cyber, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| OIF Ventures | its portfolio page ↗ |
The transaction that ended XM Cyber's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Schwarz Group | Acquisition | 22 Nov 2021 | ~$1b | Startup Daily, Our Innovation Fund (Tue 7 Dec 2021), Our Innovation Fund (Thu 2 Dec 2021), Our Innovation Fund (Tue 23 Nov 2021) |
Companies XM Cyber acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Adi Ashkenazy | Founder | SmartCompany, Startup Daily |
| Noam Erez | Co-founder and CEO | Our Innovation Fund (Tue 6 Sep 2022), Our Innovation Fund (Tue 23 Nov 2021) |
| Zini Shahar | Founder | SmartCompany, Startup Daily |
Stories naming XM Cyber. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
Also SmartCompany
Nullify, which uses AI to detect code vulnerabilities, has secured $1.1 million in pre-seed funding from OIF Ventures, Blacknova Ventures, Cyrise and two former XM Cyber founders now at Skylight Cyber.
OIF Ventures has closed its third fund at $140m, beating its original $100m target, with founder backers including Peter Lilley and Andrew Barnes; earlier trade sales underpin its strong returns.
Also OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·Techboard·Techboard·Australian FinTech·Business News Australia
OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.
OIF republishes AFR coverage of adtech startup Linkby raising $5 million in a seed round the fund led, profiling founder Chris Wirasinha, his Pedestrian TV sale, and Linkby's publisher advertising model.
Also OIF Ventures portfolio·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Weekly roundup reporting many startup funding rounds, Investible's fund close, Skalata's committed capital, hipages buying Builderscrack, Stack Sports acquiring Team App, and Level Equity's stake purchase in Eftsure.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily
OIF Ventures reports New York's Level Equity has bought a large stake in Eftsure, letting the Australian backer sell most of its holding, with the same investor recently in simPRO's huge round.
OIF Ventures' third monthly portfolio roundup: XM Cyber's roughly billion-dollar sale to Schwarz Group, Assignar's secondary raise, new investments in Inspace, mod.io and Atelier, plus portfolio awards, customers and product launches.
OIF says its early stake in Israeli cybersecurity firm XM Cyber, bought by Schwarz Group for US$700 million, returned the firm's entire first fund; Macquarie and others joined its 2020 Series B.
Also OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily
OIF Ventures' newsletter rounds up portfolio achievements: award wins and list placements for several companies, new product launches, and partnerships including Go1 with Employment Hero and Adobe, plus community masterclasses and webinars.
OIF has upsized its second fund's target to $100m from $75m, with $50m committed at an August 2020 first close and $30m more banked by February 2021; $20m deployed across twelve startups so far.