Lack of Big Deals Could Cause a Drop in Cybersecurity Investment in 2019
The capital raised by transactions valued at $75m and over in H1 2019 is 57.9% of the corresponding figure for the first half of last year, with further details in the below chart.
This dearth of massive funding rounds explains the lag in cybersecurity investment, which was $0.7bn lower than in H1 2018.
For example, New York- based Kaseya raised $500m in a private equity round in May. The company provides IT infrastructure management solutions. The CEO Fred Voccola said that the latest capital injection will be used to push sales to MSPs, which are deploying the software for the rapidly increasing demand of SMEs.
In any case, this change could turn out to be a simple blip on the radar, or the start of a new investment trend. We'll see what H2 2019 holds...