CYBERSECURITY SNAPSHOT | AUGUST 2018
Momentum Cyber, the premier trusted advisor to the cybersecurity industry, is pleased to provide you with our Cybersecurity Snapshot for August. Strategic activity remained active in August with 42 transactions deploying over $3.2B across M&A (10 transactions, $2.9B) and financing (32 transactions, $307M).
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
- 10 M&A deals were announced with a disclosed value of $2.9B; number of deals closed YTD increases by 4% relative to same period last year
- The acquisitions of Duo Security by Cisco for $2.4B and InfoArmor by Allstate for $525M led all M&A activity for August
- The most active sectors this month included: Identity & Access Management (3), MSSP (2), & Security Consulting (2)
Financing Activity
- 32 financing transactions raised a total of $307M. Median amount raised was $9M
- Exabeam’s $50M Series D, Redocore’s $37M Series B, & Twistlock’s $33M Series C rounds led all financing activity for August
- 47% of financing deals were early stage (Seed to Series A); Median amount raised for early stage deals was $1M
- The most active sectors this month included: Risk & Compliance (6), Identity & Access Management (5), & Cloud Security (5)
Recent Momentum Cyber Announcements
- 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
