We are pleased to provide you with Momentum’s Cybersecurity Market Review for 1H 2022. Strategic activity in the first half of the year included 679 transactions completed totaling $115.1B in deal value across M&A (148 transactions, $102.6B) and Financing (531 transactions, $12.5B).

Each month we provide you with an update on the dynamic Cybersecurity landscape. We highlight M&A activity, Venture Capital, Initial Public Offerings, public market valuations, sector trends and unique industry perspectives.

This mid year review features a special contribution by Lytical Ventures, as well as investor spotlights for cybersecurity focused VCs, including Accel, Insight Partners, Sequoia, SYN Ventures, and Tiger Global.

Highlights include:

  • 148 M&A deals announced with disclosed values of $102.6B (median disclosed value of $64M)
  • The acquisitions of VMware by Broadcom for $69.2B, SailPoint by Thoma Bravo for $6.9B, Datto by Kaseya for $6.2B, and Mandiant by Google for $5.3B highlighted M&A activity for the first half of 2022
  • The most active sectors for M&A in the first half of 2022 included MSSP (26), Identity & Access Management (23), and Risk & Compliance (20)
  • 531 financing transactions completed with total capital raised of $12.5B (median amount raised of $8.0M)
  • Securonix’s $1.0B PE Growth raise, 1Password’s $620M Series C, Fireblocks’ $550M Series E, and Sonar’s $412M PE Growth raise led all financing activity for the first half of 2022
  • 78% of total financing deal volume was Series B and above
  • The most active sectors for financings in the first half of 2022 included: Risk & Compliance (105), Data Security (85), and Identity & Access Management (54)

Recent Announcements

Momentum Cyber is the premier trusted advisor to the Cybersecurity industry providing bespoke high-impact advice combined with tailored, senior-level access. The firm was founded by world-class operators and advisors and caters to the unique needs of both earlier stage Founders, CEOs, & Boards as well as the complexity of later stage & public companies throughout their lifecycle. Headquartered in San Francisco with operations globally, the founding team has closed over 250 transactions totaling over $250 billion in value.