Cybersecurity funding rises to $6.8 billion in the third quarter
Cybersecurity and privacy companies attracted $6.8 billion in third-quarter funding, according to Crunchbase, about 50% above the prior quarter. Larger rounds drove the increase even as deal counts fell. The report highlights AI-related security companies and identity protection among major recipients.
The essentials
- Crunchbase identified at least eighteen AI-and-cybersecurity companies with rounds of $100 million or more.
- Higher funding totals did not mean a higher number of deals.
Original sources
Crunchbase NewsRead at news.crunchbase.comMoat Wire summarized this report for readers. The full article, its data and quotations belong to Crunchbase News.
