7957e52d44b0445e63e3959104f0455249088fe0 Injection University The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate | Tech Power

The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate

Last year was record-breaking for the cybersecurity market. Data from Momentum Cyber, a financial advisory firm for the security industry, showed that cybersecurity startups raised a “record-shattering” $29.5 billion in venture capital in 2021, more than doubling the $12 billion raised in 2020, while a record number — including Dragos and Noname Security — were minted as unicorns.

The past few months have started to paint a different picture for the industry, which has managed to successfully navigate the pandemic, geopolitical conflict, and — so far — the looming economic storm.


Source: https://techcrunch.com/2022/08/07/the-cybersecurity-funding-bubble-hasnt-burst-but-its-starting-to-deflate/