VC funding of cybersecurity companies hits record $5.3B in 2018

VC funding of cybersecurity companies hits record $5.3B in 2018

6 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/01/17/vc-funding-cybersecurity-record/

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies.

According to new data out by Strategic Cyber Ventures, a cybersecurity-focused investment firm with a portfolio of four cybersecurity companies, more than $5.3 billion was funneled into companies focused on protecting networks, systems and data across the world, despite fewer deals done during the year.