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Cybersecurity startups raised record investment

Cybersecurity remains a hot topic, and the recent hacker attack on the Colonial Pipeline has given new ground for discussion. Interest in cybersecurity has also grown as the world moves to a remote work format due to pandemic.

According to PitchBook, the first half of this year was a record for venture capital investment in cybersecurity startups, raising $ 9.9 billion from venture funds — almost the same amount as for the whole of 2020.

Out of the $ 9.9 billion invested in cybersecurity startups, the majority — $ 8.5 billion — was fuelled into late-venture companies.

Investment in cybersecurity startups 2016–2021

Source: PitchBook

Global Technologies Private Portfolio clients still have a chance to purchase Rubrik shares — a cloud platform that automates big data protection. Rubrik technology provides instant data recovery for 3,200 customers, including Verizon, Mazda, Cisco, Adobe, Expedia and Toyota.