CYBERSECURITY SNAPSHOT | NOVEMBER 2018
Momentum Cyber, the premier trusted advisor to the cybersecurity industry, is pleased to provide you with our Cybersecurity Snapshot for November 2018. Strategic activity remained strong in November with 51 transactions deploying almost $3.1B across M&A (14 transactions, $2.5B) and financing (37 transactions, $557M).
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
- 14 M&A deals were announced with a disclosed value of $2.5B; 2018 deal value monthly high of $2.9B set in August
- The acquisition of Cylance by Blackberry for $1.4B, Veracode by Thoma Bravo for $950M, and SecurityMatters by ForeScout for $113M led all M&A activity for November
- The most active sectors this month were: Network & Infrastructure Security (3), Identity & Access Management (3), and Application Security (3)
Financing Activity
- 37 financing transactions completed with total capital raised of $557M (median amount raised of $8M); 2018 YTD capital raised of $5.7B surpassed CY 2017 amount of $5.4B
- Netskope’s $169M Series F, Venafi’s $100M Series G, & CyberGRX’s $30M Series C rounds led all financing activity for November
- 54% of financing deals were early stage (Seed to Series A); Median amount raised for early stage deals was $5M
- The most active sectors this month included: Risk & Compliance (10), Identity & Access Management (3), Application Security (3), Data Security (3), Cloud Security (3), & IoT (3)
Recent Momentum Cyber Announcements
- 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
