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Top 10 Biggest Cybersecurity News Stories Of 2018 (So Far)

The security industry has seen more money and more problems in 2018, with vendors tapping into the deep pockets of private equity and IPOs and microprocessor flaws affecting nearly all the world's computers.

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9. Three Leading Endpoint Security Vendors Hold Off On IPOs -- For Now

Three late-stage next-generation endpoint security powerhouses pushed back expected public offerings by hauling in massive infusions of private funding.

TPG Growth kicked things off in May with another $175 million investment in Tanium, with proceeds to be used to buy the stock of early employees, Reuters reported at the time. The Emeryville, Calif.-based company has raised $582.8 million in nine funding rounds since its founding 11 years ago.

A month later, Sunnyvale, Calif.-based CrowdStrike received an additional $200 million in private equity funding to further accelerate global demand for the company's endpoint protection platform. CrowdStrike has hauled in $481 million in six funding rounds since being established seven years ago.

Later than same day, Irvine, Calif.-based Cylance landed an additional $120 million of outside funding to continue its global expansion and grow its portfolio of offerings. Cylance has raised $297 million in five rounds since its founding six years ago.

 
 
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