From TechCrunch
By Kyle Wiggers
October 31, 2023
The decline in VC funding for cybersecurity startups might finally be reversing course after months of discouraging trend lines. Recently, Crunchbase reported that cybersecurity startups raised nearly $1.9 billion through 153 deals in Q3 — a 12% increase from the $1.7 billion raised across 181 deals in the previous quarter. There’s anecdotal evidence of a […]
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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
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
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
Authentication startup FusionAuth raises $65M, its first outside round
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 […]
Nov 1, 2023