The Latest in IT Security

How the Economic Downturn Has Affected Security Funding, M&A

22
Feb
2023
How the Economic Downturn Has Affected Security Funding, M&A

image credit: adobe stock

The cybersecurity industry experienced a dramatic drop-off in funding, stock prices, and merger and acquisition activity as the economic downturn took hold in late 2022.

Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, according to data from Momentum Cyber in its 2023 Cybersecurity Almanac. The impact of the economic downturn became more apparent as 2022 progressed, and funding in the second half of 2022 plummeted to $6.5 billion, down 46% from $12.1 billion in the first half of 2022 (see: Late-Stage Startups Feel the Squeeze on Funding, Valuations).

Read More

Comments are closed.

Categories

SUNDAY, JULY 14, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments