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The 10 Biggest Cybersecurity News Stories Of 2019

The cybersecurity industry has in 2019 seen lots of outside money to address challenges around data and identity, with vendors tapping into the deep pockets of venture capital and IPOs, while many MSPs have found themselves under siege.

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4. Nine Cybersecurity Firms Secure Six-Figure Funding Rounds

OneLogin kicked off the major funding activity in January with a $100 million round led by Greenspring Associates and Silver Lake Waterman, bringing the company’s overall haul to $175.2 million since being founded a decade ago. Four months later, Sumo Logic got $110 million in a round led by Battery Ventures, bringing the company’s overall haul to $340 million since being founded nine years ago.

Later in May, Auth0 raised $103 million in another round led by Sapphire Ventures, bringing the company’s overall haul to $212.3 million since being established six years ago. SentinelOne kicked off June with a $120 million round led by Insight Partners, bringing the company’s overall haul to $229.5 million since being founded six years ago.

Five days later, Vectra closed a $100 million round led by TCV, bringing the company’s overall haul to $222.5 million since being founded nine years ago. Two days after that, KnowBe4 received a $300 million investment from KKR, bringing the company’s overall haul to $393.5 million since starting nine years ago. And a week later, Druva raised $130 million in a round led by Viking Global Investors, bringing the company’s overall haul to $328 million since being established 11 years ago.

Then in August, Cybereason raised another $200 million from SoftBank, bringing the company’s overall haul to $388.6 million since being founded seven years ago. And a month later, Acronis received a $147 million investment from Goldman Sachs, bringing the company’s overall haul to $158 million since being established 16 years ago.

 
 
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