CYBERSECURITY MARKET REVIEW | Q1 2022
We are pleased to provide you with Momentum’s Momentum’s Cybersecurity Market Review for Q1 2022. We began 2022 with a sustained high level of strategic activity in Q1 with 318 transactions completed totaling $19.2B in deal value across M&A (73 transactions, $12.2B) and Financing (245 transactions, $7.0B).
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, and sector trends.
Highlights Of The Report
- 73 M&A deals were announced with disclosed values of $12.2B (median disclosed value of $104M)
- The acquisitions of Mandiant by Google for $5.3B, Veracode by TA Associates for $2.5B, and Alert Logic by HelpSystems for $700M highlighted M&A activity for Q1 2022
- The most active sectors for M&A in Q1 2022 included: MSSP (12), Risk & Compliance (10), and Identity & Access Management (9)
- 245 financing transactions completed with total capital raised of $7.0B (median amount raised of $7.0M)
- Securonix’s $1.0B PE Growth Round, 1Password’s $620M Series C, Fireblocks’ $550M Series E, & BlueVoyant’s $250M Series D rounds led all financing activity for Q1 2022
- The most active sectors for financings in Q1 2022 included: Risk & Compliance (52), Data Security (36), and Identity & Access Management (20)
Recent Announcements
- Momentum Cyber Advises Apptega On Its Strategic Investment By Mainsail Partners
- Momentum Cyber Advises Infocyte On Its Acquisition By Datto
- Momentum Cyber Advises Fishtech Group On Its Merger With Herjavec Group
- Momentum Cyber Advises SecBI On Its Acquisition By LogPoint
- Momentum Cyber Advises RiskSense On Its Acquisition By Ivanti
- Momentum Cyber Advises Herjavec Group On Its Majority Acquisition By Apax Partners
- Momentum Cyber Advises Alcide On Its Acquisition By Rapid7
- Momentum Cyber Advises MistNet On Its Acquisition By LogRhythm
- Momentum Cyber Advises iboss On Its $145M Growth Financing Led By NightDragon & Francisco Partners
- Momentum Cyber Advises Goldman Sachs, ClearSky, and NightDragon On Their Acquisition of White Ops Cybersecurity
- Momentum Cyber Advises Goldman Sachs And ClearSky Security On Their Strategic Investment In White Ops
- Momentum Cyber Advises JASK on Its Acquisition by Sumo Logic
- Momentum Cyber to Support NTT’s Global Cybersecurity Strategy & Growth Initiatives
- Momentum Cyber Advises Interset on Its Acquisition by Micro Focus
- Momentum Cyber Served as Exclusive Financial and Strategic Advisor to RedLock
- Momentum Cyber Advises ADT and NightDragon on Their Strategic Investment in SAM Seamless Network
- Momentum Cyber Advises ADT on Its Acquisition of SDI
- Momentum Cyber Advises ICEBRG on Its Acquisition by Gigamon
- Momentum Cyber Advises Bradford Networks on Its Acquisition by Fortinet
- Momentum Cyber Advises Weblife on Its $60 Million Acquisition by Proofpoint
- Momentum Cyber Advises DATASHIELD on Its Acquisition by ADT
- Momentum Cyber Advises Cyphort on Its Acquisition by Juniper Networks
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.
Recent Momentum Cyber Transactions
Francisco Partners Have Invested In Reciprocity
Role: Sell Side Sector: Risk & Compliance Size: $60,000,000 Location: San Francisco, CA Press Release
Mainsail Partners Have Invested In Apptega
Role: Sell Side Sector: Governance, Risk & Compliance Size: $37,000,000 Location: Atlanta, GA Press Release