CYBERSECURITY SNAPSHOT | JANUARY 2020
We are pleased to provide you with Momentum’s Cybersecurity Snapshot for January 2020. Strategic activity in January included 55 transactions completed totaling $2.9B in deal value across M&A (18 transactions, $2.3B) and financing (37 transactions, $565M).
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.
M&A Activity
- 18 M&A deals were announced with disclosed values of $2.3B, (median disclosed value of $375M)
- The acquisitions of Armis by Insight for $1.1B, RDC by Moody’s for $700M, ID Analytics by LexisNexis for $375M, & Symantec’s Security Services business by Accenture highlighted M&A activity for January
- The most active sectors this month were: Risk & Compliance (3), Security Consulting & Services (3), MSSP (2), & Digital Risk Management (2)
Financing Activity
- 37 financing transactions completed with total capital raised of $565M (median amount raised of $8M)
- Snyk’s $150M Series C, Sysdig’s $70M Series E, SECURITI.ai’s $50M Series B, & Automox’s $30M Series B rounds led all financing activity for January
- 59% of total financing deals were Early Stage to Series A (median amount raised was $6M)
- The most active sectors this month included: Risk & Compliance (8), Data Security (7), Application Security (5) & Cloud Security (5)
Recent Announcements
- Momentum Cyber Advises JASK on Its Acquisition by Sumo Logic
- Momentum Cyber & Optiv Publish White Paper: 2019 Security Technology Spend Insights Report
- Momentum Cyber To Support NTT’s Global Cybersecurity Strategy & Growth Initiatives
- Momentum Cyber Releases Its Cybersecurity Mid-Year Review for 2019
- Momentum Cyber Advises Interset on Its Acquisition by Micro Focus
- Momentum Cyber’s Annual Cybersecurity Almanac Reveals Another Record Year
- Momentum Cyber 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 Cyber Advises ADT On Its Acquisition Of SDI
- Momentum Cyber Releases Its Cybersecurity Mid-Year Review For 2018
- Momentum Cyber Advises ICEBRG On Its Acquisition By Gigamon
- Momentum Cyber 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 Cyber Advises Weblife On Its $60 Million Acquisition By Proofpoint
- Momentum Cyber Advises DATASHIELD On Its Acquisition By ADT
- Momentum Cyber 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