Cybersecurity investment hits new record high in first 5 months of 2017, with companies valued at more than $1B
23/05/2017
Diego Gutiérrez
Cybersecurity investment hits new record high in first 5 months of 2017, with companies valued at more than $1B
In the first 5 months of 2017, the number of investments made in the cybersecurity sector has reached a new record high, reaching 190 deals, which is 20% compared to the same period last year. Although we have detected large rounds in the sector, there have also been several seed/angel rounds. This is a sign that new innovative solutions are being created in response to emerging attacks. Which companies are receiving support from investors?
Cybersecurity investment hits new record high in first 5 months of 2017, with companies valued at more than $1B
Okta and CrowdStrike valued at more than $1B

Okta is an American company, based in San Francisco, known primarily for cloud identity management. Its clients include Eurostar and Gatwick Airport.

The company went public in April 2017 At its IPO, Okta achieved a market capitalisation of 2.14 B $. The company ended its first day of IPO with a 38.3% appreciation in the value of its shares from the price initially set.

Okta has been growing considerably in recent years. From November 2016 to January 2016 its revenue grew from $42M to $48M and its net loss decreased from $ 21.9M to $ 18.2M.

CrowdStrike, Californian company founded in 2011 has just received a $100M round, reaching a valuation of over $1B. To date, CrowdSrtike had raised $256M.

The company, which investigated among others the hacking of the US Democratic National Committee (DNC), has been at the centre of some of the largest and most high-profile hacking investigations in recent times, many of them targeting Russian hackers.

CrowdStrike does not disclose its revenue figures, but claims to have endpoint deployments in 176 countries and to process 40 billion security events every day. The company has reported 476% year-on-year growth in new endpoint protection platform (EPP) subscriptions, 400% growth in the number of $1m+ transactions and 253% growth in endpoint protection platform sensors deployed.

In addition to these large companies, other companies such as Armor and Verisys have also received large rounds. Armor offers cybersecurity solutions for e-commerce, healthcare and enterprise finance. The company, founded in 2009, has already received $149.1M in numerous rounds.

Verisys has a file integrity monitoring system. This is the first round closed by the company. It already has a lot of experience working in this sector.

Other posts you may be interested in

Technology consultancy CMC buys Prot-on and Daknosys to deliver better cybersecurity and data analytics solutions

European cybersecurity attracts investors: Darktrace and Silent Circle

 

If you are looking for investors, you want to buy or selling a companyplease contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.

Lastest news

Latest transactions in the Data Analytics sector

Se han realizado diferentes adquisiciones estratégicas de empresas del sector de Data Analysis en los últimos meses, lo que pone de relieve el creciente énfasis en soluciones innovadoras y capacidades mejoradas. Las empresas recurren cada vez más a las adquisiciones...

Software Application 2023 Sector Valuation Report

Sector Software Application: análisis del mercado y tendencias del sector El Informe de Valoración de la Industria del Software Application 2023, elaborado por los asesores de compraventa de empresas del sector Tech de Baker Tilly, ofrece un análisis detallado y...

Latest transactions in the Artificial Intelligence sector

El sector de la inteligencia artificial está siendo testigo de una dinámica oleada de adquisiciones, reflejo de su rápida evolución y de su creciente importancia en diversos sectores. La compraventa de empresas del sector tecnológico pone de relieve los movimientos...

Infra 2023 Software Sector Valuation Report

Sector Software Infrastructures, 2023: Informe de valoración del sector, tendencias del mercado y empresas más relevantes El Informe de Valoración de la Industria de Software Infra 2023, elaborado por expertos en asesoramiento para compraventa de empresas...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

Request for information

If you want to buy or sell a company, or need more information about our services, do not hesitate to contact us through the form.

Or if you prefer, call us at:

+34 946 42 41 42