CYBERSECURITY SNAPSHOT | JULY 2019
We are pleased to provide you with Momentum’s Cybersecurity Snapshot for July 2019. Strategic activity in July included 54 transactions across M&A (11 transactions) and financing (43 transactions).
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 select active buyers of Cybersecurity companies.
M&A Activity
- 11 M&A deals were announced, 5 of which were completed by either a Financial Sponsor or PE-Backed Strategic Buyer
- The acquisitions of DigiCert by TA Associates / Clearlake & BlueTalon by Microsoft highlighted M&A activity for July
- The most active sectors this month were: Identity & Access Management (3), Web Security (2), and Security Consulting (2)
Financing Activity
- 43 financing transactions completed with total capital raised of $715M (median amount raised of $5M)
- OneTrust’s $200M Series A, QOMPLX’s $79M Series A, Menlo Security’s $75M Series D, & TrustArc’s $70M Series D rounds led all financing activity for July
- 74% of total financing deals were Early Stage to Series A; median amount raised in such deals was $4M
- The most active sectors this month included: Risk & Compliance (8), Identity & Access Management (6), and Data Security (6)
Recent Announcements
- Momentum Cyber To Support NTT’s Global Cybersecurity Strategy & Growth Initiatives
- Momentum Advises Interset on Its Acquisition by Micro Focus
- Momentum Cyber’s Annual Cybersecurity Almanac Reveals Another Record Year
- 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