High-Profile Breaches Fuel Cybersecurity Venture Funding
Prominent retail data breaches and high-profile cyberespionage attacks against U.S. businesses have captured the attention of investors eager to get in on the early stages of an innovative cybersecurity startup. In 2013 early stage deals made up 47 percent of all global cybersecurity financing, according to New York-based CB Insights, which tracks venture funding. The research firm said the trend is continuing in 2014 with seed or Series A funding making up more than half (54 percent) of cybersecurity deals in the first three months of the year. These 10 innovative security startups have captured the attention of the security community in recent months. They address the demand for better incident response, monitor user privileges, and spot unusual system and user behaviors that could signal an attack.