CYBERSECURITY SNAPSHOT | JANUARY 2019
Momentum Cyber, the premier trusted advisor to the cybersecurity industry, is pleased to provide you with our Cybersecurity Snapshot for January 2019. Strategic activity remained strong in November with 47 transactions deploying almost $1.8B across M&A (13 transactions, $957M) and financing (34 transactions, $810M).
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
- 13 M&A deals were announced with a disclosed value of $957M (average disclosed deal value of $239M)
- The acquisitions of Rogue Wave by Perforce for $480M, AppRiver by Zix for $275M, and Janrain by Akamai for $125M led all M&A activity for January
- The most active sectors this month were: Application Security (3), Web Security (2), & Messaging Security (2)
Financing Activity
- 34 financing transactions completed with total capital raised of $810M (median amount raised of $8.5M)
- Rubrik’s $261M Series E, 360 Enterprise Security’s $131M Series B, & OneLogin’s $100M Series D rounds led all financing activity for January
- 59% of financing deals were early stage (Seed to Series A); Median amount raised for early stage deals was $5.0M
- The most active sectors this month included: Risk & Compliance (5), Identity & Access Management (5), Cloud Security (4), Data Security (3), Blockchain (3), & Web Security (3)
Recent Momentum Cyber Announcements
- Momentum Advises Interset on Its Acquisition by Micro Focus
- Momentum Advises ADT And NightDragon On Their Strategic Investment In SAM Seamless Network
- 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
- 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
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 – Incubation to Exit. 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