Momentum Cyber's Annual Cybersecurity Almanac Highlights Sector's Resilience With a Record-Breaking ~$11B of Private Capital Invested and $20B of M&A Activity in 2020
Momentum Cyber, the premier trusted advisor to the Cybersecurity industry, today released its fourth annual Cybersecurity Almanac for 2021 - the most comprehensive and accurate strategic data and insights available on the industry. Culled from analysis of over 3,500 Cybersecurity companies across the globe and strategic deal activity including IPOs, mergers and acquisitions (M&A), venture capital and private equity financings, and the market impact of news and events, the Cybersecurity Almanac chronicles the key trends which made 2020 a unique and strong year for the industry including $20.0 billion in M&A volume and $10.7 billion in PE & VC investments.
"In many ways 2020 was a defining year for the Cybersecurity industry, with the shift to remote work, continued market consolidation, and robust investment we are once again seeing Cybersecurity a top IT budget priority for corporations of all sizes and government agencies," said Eric McAlpine and Michael Tedesco, Momentum (News - Alert) Cyber's founders and managing partners. "As the industry continues to mature, we expect more innovations to address emerging trends in IoT, hybrid and multi-cloud environments, and attacks on critical public infrastructure."
Highlights of the Cybersecurity Almanac 2021 include:
"We are in the early-middle innings of the Cybersecurity market's evolution, a period that is defined by the digitization of the full spectrum of bad human behavior which spans personal, business, and government spheres of life," said Bob Ackerman, founder of AllegisCyber Capital and co-founder of Datatribe. "The market is evolving from the reactive deployment of cyber defense technology to a more aggressive and systemic approach to building inherently secure infrastructure - systems and data in parallel with efforts to reduce the 'time and place' advantage that attackers have over defenders by disrupting the cyber attack playbook with next generation precognitive threat intelligence. As cyber risk expands and budgets increase in response, there is increased scrutiny from executives and board members driving the demand for a holistic view of security posture, an ability to track cyber readiness, and the ability to quantify ROI on cyber investments. Regardless, the cyber market continues to be driven by innovation as the battle between attacker and defender grows increasingly sophisticated."
About Momentum Cyber
Momentum Cyber is the premier trusted advisor to the Cybersecurity industry providing bespoke high-impact advice combined with tailored, senior-level access. The firm was founded by world-class operators and advisors and caters to the unique needs of both earlier stage Founders, CEOs, & Boards as well as the complexity of later stage & public companies throughout their lifecycle. Headquartered in San Francisco with operations globally, the founding team has closed over 250 transactions totaling over $250 billion in value. Securities transactions offered through Momentum Capital Markets, LLC, member FINRA and SIPC.