VC-Backed Cyber Companies Bought Up At Record Pace
Venture capital investors aren’t just putting a record amount of money into cybersecurity startups, they are also cashing in, as evidenced by an explosion of M&A deals in the space. The number of M&A deals for venture-backed cybersecurity companies in the first seven months of 2021 almost equals the total amount for all of last year, per Crunchbase data. This year has already seen 77 deals — while last year saw a record total of 80. While the dealmaking numbers alone are impressive, a look at the deals themselves seem to show a breadth and depth of interest that indicate the current run cybersecurity is on may not stop any time soon. On top of the record number of deals, the value has also skyrocketed. To read the complete article, click here.