Talking cybersecurity, SaaS and early-stage valuations with ForgePoint Capital

Talking cybersecurity, SaaS and early-stage valuations with ForgePoint Capital

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/19/talking-cybersecurity-saas-and-early-stage-valuations-with-forgepoint-capital/

Earlier today TechCrunch covered the launch of a new, $450 million cybersecurity-focused fund, the second from venture group ForgePoint Capital.

The new vehicle, inventively named Fund II, will mostly focus on early-stage companies in the cybersecurity space. The fund’s timing is somewhat unsurprising. As we noted in our earlier coverage, the recent IPOs of Cloudflare (more here) and CrowdStrike (more here) have given cybsersecurity a halo, showing founders and investors alike that outsize returns are possible in the space. Such successes can’t hurt VCs looking for fresh capital.