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Home»Tech News»The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate – DailyTech
Tech News

The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate – DailyTech

August 7, 2022No Comments1 Min Read
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The cybersecurity funding bubble hasn’t burst — but it’s starting to deflate – TechCrunch
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Final 12 months was record-breaking for the cybersecurity market. Information from Momentum Cyber, a monetary advisory agency for the safety trade, confirmed that cybersecurity startups raised a “record-shattering” $29.5 billion in enterprise capital in 2021, greater than doubling the $12 billion raised in 2020, whereas a report quantity — together with Dragos and Noname Safety — have been minted as unicorns.

The previous few months have began to color a distinct image for the trade, which has managed to efficiently navigate the pandemic, geopolitical battle, and — up to now — the looming financial storm.

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