Cybersecurity startups cinched nearly $1.7 billion in funding across 65 VC deals for the quarter, up from $557 million in funding across 60 VC deals during the first quarter of 2018. The report attributed the spike in funding to four mega-rounds — or funding rounds that earned more than $100 million — during the second quarter. The previous three quarters saw two mega-rounds in total.
Here are five cybersecurity startups that received the most VC funding during the second quarter of 2018:
1. CrowdStrike, a Sunnyvale, Calif.-based internet software and services company: $200 million
2. Tanium, an Emeryville, Calif.-based security software company: $175 million
3. Cylance, an Irvine, Calif.-based security software company: $120 million
4. Signifyd, a San Jose, Calif.-based internet software and services company: $100 million
5. IronNet Cybersecurity, a Fulton, Md.-based IT services company: $78 million
To access PwC and CB Insights’ report, click here.
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Healthcare organizations hit hardest by breach costs
Healthcare is No. 3 fastest industry to fix vulnerabilities once discovered
Phishing attack breaches Wisconsin county residents’ PHI for 3 months
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