Cybersecurity venture funding fell in 2016
“Venture capital firms invested roughly $3.1 billion into a record 279 cybersecurity companies last year, according to research published by CB Insights on Thursday. That figure represents a $600 million drop from 2015 to 2016.
From an industry standpoint, 2016 also saw a decrease in exits — otherwise known as business events in which a company is either sold or acquired. In short, investors had fewer chances to cash in. There were fewer than 90 exits in 2016, but there were 124 in 2015.