We are pleased to provide you with Momentum’s Cybersecurity Snapshot for October 2022. Strategic activity for October included 80 transactions totaling $8.1B in disclosed deal values across M&A (17 transactions, $6.6B) and financing (63 transactions, $1.5B).

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:

  • 17 M&A deals were announced with disclosed values of $6.6B (median disclosed value of $2.3B)
  • The acquisitions of KnowBe4 by Vista for $4.3B and ForgeRock by Thoma Bravo for $2.3B led M&A activity in October
  • The most active sectors for M&A this month were: Risk & Compliance (4), MSSP (3), and Security Consulting & Services (3)
  • 63 financing transactions completed with total capital raised of $1.5B (median amount raised of $10.0M)
  • Arctic Wolf’s $401M Later Stage VC round, Versa Networks’ $120M Later Stage VC round, and Tines’ $82M Series B led all financing activity in October
  • The most active sectors for financings this month included: Risk & Compliance (9), Network & Infrastructure Security (7), and Security Ops / IR / Threat Intelligence (6)

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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.