We are pleased to provide you with Momentum’s Cybersecurity Snapshot for April 2023. Strategic activity for April included 73 transactions totaling $2.2B in disclosed deal values across M&A (24 transactions, $1.6B) and financing (49 transactions, $624M).

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.

Highlights include:

  • 24 M&A deals were announced with disclosed values of $1.6B from 4 disclosed deals
  • The acquisitions of Archer Technologies by Cinven, Lookout’s consumer mobile business by F-Secure, and Yubico’s reverse merger with ACQ Bure led M&A activity in April
  • The most active sectors for M&A this month were: Security Consulting (5), SecOps / IR / Threat Intel (4), and Identity & Access Management (3)
  • 49 financing transactions completed with total capital raised of $624M (median amount raised of $5.1M)
  •’s $132M Series D, Cybereason’s $100M Later Stage VC Round, Coro’s $75M Series C1, and Halcyon’s $50M Series A led all financing activity in April
  • The most active sectors for financings this month included: Risk & Compliance (10), Identity & Access Management (5), and SecOps / IR / Threat Intelligence (5)

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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.