Cybersecurity companies attracting huge investment

[InfoSec News <alerts () infosecnews org>]

http://www.usatoday.com/story/cybertruth/2013/10/16/cybersecurity-companies-attracting-huge-investment/2997737/

By Byron Acohido
USA TODAY
October 16, 2013

SEATTLE -- It's clear Wall Street has a love affair going with 
cybersecurity companies. CyberTruth asked Bob Ackerman, founder and 
managing director of Allegis Capital, to quantify the scale of investment 
going into cutting-edge technologies to stop cybercriminals. The metrics 
he pulled together are staggering.

CT: Where do cybersecurity start-ups fit among the top technology 
categories investors are currently looking to back?

Ackerman: The cyber security innovation landscape has really heated up 
over the last 24 months and the interest is very high. Significant M & A 
activity together with high profile IPOs like Palo Alto Networks, and most 
recently FireEye, clearly demonstrate the opportunity to create 
significant value in the sector.

Specifically, according to CB Insights, in the past 12 months, 78 
cybersecurity firms have exited via M&A or IPO, including mobile sensor 
startup Authentec (acquired by Apple), Credant Technologies (acquired by 
Dell) and MDM firm Zenprise (acquired by Citrix).

In fact, cybersecurity exit numbers in the first half of 2013 have already 
surpassed 2010 exit levels. Between 2011 and 2012, cybersecurity exit 
activity grew nearly 50% and jumped 109% from 2010 to 2011.

Looking forward, the pipeline for promising cyber security related IPOs 
(IO, Palantir, Mandiant and MobileIron) reinforces this sense of 
opportunity. Accordingly, both start-up activity and related financings 
are up significantly.

[...]



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