From TechCrunch
By Kyle Wiggers
November 2, 2023
While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion. And — at least anecdotally — Q3 deal flow seems healthy, too. Case in point, […]
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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
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
Log analysis and security firm Graylog raises $9M in equity, $30M in debt
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 […]
Oct 31, 2023
Deal Dive: AI’s not the only sector dodging the funding slowdown
Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions.
Nov 4, 2023