Cybersecurity with a market figure of up to $122.4B in 2016, is one of the fastest growing sectors.An increasingly hot area within the cybersecurity industry is Identity Management, in the first quarter of 2017 there were a total of 35 deals in the sector.
Who has taken the biggest rounds?
Among the companies that have received the most support from investors so far in 2017, we find Verisys, a company specialising in identity management in the healthcare sector. Verisys detects, supervises, verifies and accredits people and entities within the healthcare network. This is the first round of investment that this company has made and the amount was $73M.
Bitglass, a company specialising in end-to-end data protection in the cloud, has announced that it has raised $45M in its third round of Series C funding, in addition to previous investors, the company has attracted the attention of Future Fund. The company will use this round to grow in the international market, particularly in the US, Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions.
Transmit Security, founded in 2014 in the US, offers developers an easier way to implement more advanced authentication techniques, such as eye, fingerprint or facial recognition, through a user's mobile device. The company received a $40M round in January 2017.
What companies are there in the sector and what services do they offer?
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