From TechCrunch
By Kyle Wiggers
November 1, 2023
Funding for cybersecurity startups continues to look bleak. According to a recent Crunchbase survey, companies in the digital security space raised 30% less funds — $1.9 billion — in Q3 2023 compared to Q3 2022. But some startups are bucking the trend. Case in point, FusionAuth, a company that provides authentication and user management tools […]
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Cybersecurity firm Netcraft lands $100M investment
After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation. According to a recent note from Pinpoint Search Group, cybersecurity funding dipped 55% in Q2 2023 compared to Q2 2022 — a steep decline by any measure. At the […]
Jul 18, 2023
Cloud-native cybersecurity startup Aqua Security raises $60M and remains anunicorn
Aqua Security, an Israeli cybersecurity startup that helps companies protectntheir cloud services, has raised $60 million in funding, extending itsnpreviously announced $135 million Series E round of funding to $195 million.nFounded in 2015, Tel Aviv- and Boston-based Aqua Security claims customers suchnas PayPal, Netflix and Samsung, which use the Aqua platform […]
Jan 3, 2024
Astrix Security, which uses ML to secure app integrations, raises $25M
Astrix Security, a platform that helps companies manage and secure third-party app integrations, today announced that it closed a $25 million Series A funding round led by CRV with participation from Bessemer Venture Partners and F2 Venture Capital. Co-founder and CEO Alon Jackson says that the round, which brings Astrix’s total raised to $40 million, […]
Jun 28, 2023
Opal Security, which helps companies manage access and identities, raises $22M
VC investment trends in the cybersecurity market suggest a sector in decline — at least within the context of recent months. According to Crunchbase, cybersecurity deal count fell during Q3 to 153 deals from 181 in Q2. In a more detailed report, Crunchbase suggests that, with Q3 cybersecurity venture funding down 30% compared to the […]
Dec 7, 2023