We are pleased to provide you with Momentum’s Cybersecurity Snapshot For August 2023. Strategic activity for August included 79 transactions totaling $1.8B in disclosed deal values across M&A (20 transactions, $948M) and financing (59 transactions, $837M).

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 month’s report also features previews of Momentum’s upcoming in-depth reports on the Identity & Access Management and Application Security Testing sectors, both scheduled to release this Fall.

Highlights include:

  • 20 M&A deals were announced with disclosed values of $948M from 5 disclosed deals
  • The acquisitions of Perimeter 81 by Check Point, Laminar by Rubrik and Sealing Technologies by Parsons led M&A activity in August
  • The most active sectors for M&A this month were: Security Consulting (7), MSSP (4), and Risk & Compliance (3)
  • 59 financing transactions completed with total capital raised of $837M (median amount raised of $8.2M)
  • SpyCloud’s $110M Growth Raise, Resilience’s $100M Series D, and Endor Labs’ $70M Series A led all financing activity in August
  • The most active sectors for financings this month included: Risk & Compliance (11), Data Security (7), and Application Security (7)

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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.