CBInsights wrote: "Cybersecurity unicorns (*) are being minted at a faster rate than ever before, and $1B+ valuations are coming through even larger funding rounds. Private companies are stepping up, backed by millions of dollars of funding, to help tackle today’s mounting cybersecurity challenges.
In tandem, investors are betting on cybersecurity startups across more deals than ever before. In fact, 2018 saw 617 deals go to private cybersecurity companies — a nearly 40% increase in deals compared to 2015.
This year, 4 cybersecurity companies have joined the global unicorn club. We see the creation of private cybersecurity unicorns at a faster rate than ever before, through even larger funding rounds. Here is the full article: https://www.cbinsights.com/research/cybersecurity-unicorns/
(*) A unicorn is a privately held startup company that is valued at $1 billion or more :-))
