10 Cybersecurity Companies Making Moves: February 2023
We’re taking a look at the cybersecurity companies that launched products and partner program updates, raised major funding, announced acquisitions or made key executive changes in February.
Hot Market, Big Moves
It was a short but busy month for the cybersecurity industry, which continued to show signs of being quite resistant to the effects of the economic slowdown that’s been impacting the overall tech sector. While a handful of cybersecurity companies did announce layoffs in February, far more had other types of announcements to share during the month — including major funding rounds, new partner programs, notable product launches, acquisitions and key executive hires.
[Related: Palo Alto Networks CEO Nikesh Arora On SASE, AI And Why Partners Are ‘More Important’ Than Ever]
In February, major moves by cybersecurity companies included a massive funding round and valuation boost for fast-growing cloud security startup Wiz, while Proofpoint was among the cybersecurity companies that unveiled new partner programs last. Check Point announced several big executive moves, including a major hire, and Zscaler announced a new product line as well as an acquisition of a security startup. And in an interview with CRN, Palo Alto Networks CEO Nikesh Arora signaled that he’ll be a lot more involved in the cybersecurity giant’s channel-related efforts going forward.
What follows are details on 10 of the cybersecurity companies we’re following that made big moves in February.