CYBERSECURITY MARKET REVIEW | Q3 2018
Momentum Cyber, the premier trusted advisor to the cybersecurity industry, is pleased to provide you with Momentum’s Cybersecurity Market Review for Q3 2018. Strategic activity accelerated in Q3 with 137 transactions deploying over $6.4B across M&A (38 transactions, $5.0B) and financing (99 transactions, $1.4B).
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.
Inside you will find a series of insights across the Cybersecurity industry including:
M&A Activity
- 38 M&A transactions were completed, totaling $5.0B in transaction volume, representing a 204% increase in deal value from Q2 2018
- Q3 2018 M&A activity was highlighted by 6 transactions valued at $100M+
- Bomgar made its 2nd and 3rd IAM-related acquisitions of 2018 in Q3, acquiring BeyondTrust and Avecto, in addition to its acquisition of Lieberman Software in Q1
- The most active sectors in Q3 2018 included: Identity & Access Management (13), Security Consulting (5), Risk & Compliance (4), and MSSP (4)
Financing Activity
- 99 financing transactions were completed, totaling $1.4B in transaction value, with a median amount raised of $10M
- 54% of deals were early stage (Seed to Series A), with a median amount raised of $4M; the remainder were late-stage (Series B+) with a median amount raised of $18M
- The most active sectors in Q3 2018 included: Risk & Compliance (15), Identity & Access Management (14), Security Operations / Incident Response / Threat Intelligence (13) & Network & Infrastructure Security (13)
Recent Momentum Cyber Announcements
- Forbes: This Firm Wants To Launch A Cyber Attack On Your Business
- Axios: In Hot Cybersecurity Market, Acquisitions Crowd Out IPOs
- Momentum Cyber & Optiv Publish White Paper ‘E’ Is For Efficiency: Five Trends To Relieve The Cybersecurity Skills Shortage
- Momentum Advises ADT On Its Acquisition Of SDI
- Momentum Cyber Releases Its Cybersecurity Mid-Year Review For 2018
- Momentum Advises ICEBRG On Its Acquisition By Gigamon
- VentureBeat: Five Cybersecurity Leaders Give Startups One Key Piece Of Advice
- Momentum Advises Bradford Networks On Its Acquisition By Fortinet
- Momentum Cyber Releases Inaugural Cybersecurity Almanac For 2018
- Momentum Cyber Launches As Industry’s Premier Cybersecurity Advisory Firm
- Momentum Advises Weblife On Its $60 Million Acquisition By Proofpoint
- Momentum Advises DATASHIELD On Its Acquisition By ADT
- Momentum Advises Cyphort On Its Acquisition By Juniper Networks
