Business

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

Last year what 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 other No Name 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.

Related posts

US tech giants say Indian panel’s recommended competition act ‘absolutist and regressive’

TechLifely

The quest for business value through HR transformation

TechLifely

Facebook is shutting down its standalone Gaming app in October

TechLifely

Leave a Comment