We are pleased to provide you with Momentum’s Cybersecurity Snapshot for January 2023. Strategic activity for January included 58 transactions totaling $2.2B in disclosed deal values across M&A (16 transactions, $1.1B) and financing (42 transactions, $1.1B).

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:

  • 16 M&A deals were announced with disclosed values of $1.1B from 1 disclosed deal
  • The acquisitions of Magnet Forensics by Thoma Bravo and SecZetta by SailPoint led M&A activity in January
  • The most active sectors for M&A this month were: Security Consulting (4), SecOps / IR / Threat Intel (3), and Risk & Compliance (3)
  • 42 financing transactions completed with total capital raised of $1.1B (median amount raised of $15.0M)
  • Netskope’s $401M Convertible Note raise, Saviynt’s $205M Debt raise, and Hack The Box’s $55M Series B led all financing activity in January
  • The most active sectors for financings this month included: Risk & Compliance (10), Application Security (4), and Network & Infrastructure Security (3)

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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.