Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vulnerabilities / Threats

9/20/2017
09:00 AM
Jai Vijayan
Jai Vijayan
Slideshows
Connect Directly
Twitter
LinkedIn
RSS
E-Mail
50%
50%

10 Hot Cybersecurity Funding Rounds in Q3

The first two quarters of 2017 have been the most active ever in five years from a cybersecurity investment standpoint. Here's how the third quarter has shaped up.
Previous
1 of 11
Next

Image Source: ImageFlow via Shutterstock

Image Source: ImageFlow via Shutterstock

Statistics maintained by CB Insights show that 2017 is on track to be a record-setting year for cybersecurity funding activity.

There were a total of 291 funding deals involving private cybersecurity companies in the first two quarters of this year alone, making them the busiest from an investment standpoint in the last five years.

CB Insight's research shows that investors poured some $1.6 billion into private cybersecurity firms in Q2 2017: the most ever in a single quarter.  Six companies — Cybereason, Data4 Group, CrowdStrike, Netskope, Tanium, and Illumio —  had mega $100 million-plus funding rounds in the second quarter of this year. No other quarter has had this many $100 million funding rounds before, according to CB Insights.

Malware outbreaks like the WannaCry pandemic and breaches like the one at Equifax has heightened demand for a variety of security technologies and made cybersecurity vendors a hot commodity in investment circles. The surging demand for security tools and services also has generated considerable startup activity in the security space. Gartner estimates worldwide information spending will top $86 billion this year.

Q3 also has been quite active funding-wise. [After this posting Digital Shadows announced it has raised $26 million in a Series C funding round led by Octopus Ventures, with participation from World Innovation Lab, Industry Ventures, and existing investors.]

Here, in descending order of investment size, is a sampling of some of the cybersecurity funding activity for this period.

 

Jai Vijayan is a seasoned technology reporter with over 20 years of experience in IT trade journalism. He was most recently a Senior Editor at Computerworld, where he covered information security and data privacy issues for the publication. Over the course of his 20-year ... View Full Bio

Previous
1 of 11
Next
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
mjohnson681
50%
50%
mjohnson681,
User Rank: Apprentice
9/24/2017 | 3:18:17 PM
Why Continue Funding the Impossible?
We have seen it is impossible to protect data given the nature of data and the impossible feat to protect data.  Why not take a new approach?

https://www.linkedin.com/pulse/give-up-cybersecurity-programs-matthew-r-johnson-cpa-cisa 
cbur1551
100%
0%
cbur1551,
User Rank: Apprentice
9/21/2017 | 10:27:32 AM
JASK
You should check out JASK, a super-hot new player that brings AI to the SOC.
97% of Americans Can't Ace a Basic Security Test
Steve Zurier, Contributing Writer,  5/20/2019
TeamViewer Admits Breach from 2016
Dark Reading Staff 5/20/2019
How a Manufacturing Firm Recovered from a Devastating Ransomware Attack
Kelly Jackson Higgins, Executive Editor at Dark Reading,  5/20/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Building and Managing an IT Security Operations Program
As cyber threats grow, many organizations are building security operations centers (SOCs) to improve their defenses. In this Tech Digest you will learn tips on how to get the most out of a SOC in your organization - and what to do if you can't afford to build one.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-7201
PUBLISHED: 2019-05-22
CSV Injection was discovered in ProjectSend before r1053, affecting victims who import the data into Microsoft Excel.
CVE-2018-7803
PUBLISHED: 2019-05-22
A CWE-754 Improper Check for Unusual or Exceptional Conditions vulnerability exists in Triconex TriStation Emulator V1.2.0, which could cause the emulator to crash when sending a specially crafted packet. The emulator is used infrequently for application logic testing. It is susceptible to an attack...
CVE-2018-7844
PUBLISHED: 2019-05-22
A CWE-200: Information Exposure vulnerability exists in all versions of the Modicon M580, Modicon M340, Modicon Quantum, and Modicon Premium which could cause the disclosure of SNMP information when reading memory blocks from the controller over Modbus.
CVE-2018-7853
PUBLISHED: 2019-05-22
A CWE-248: Uncaught Exception vulnerability exists in all versions of the Modicon M580, Modicon M340, Modicon Quantum, and Modicon Premium which could cause denial of service when reading invalid physical memory blocks in the controller over Modbus
CVE-2018-7854
PUBLISHED: 2019-05-22
A CWE-248 Uncaught Exception vulnerability exists in all versions of the Modicon M580, Modicon M340, Modicon Quantum, and Modicon Premium which could cause a denial of Service when sending invalid debug parameters to the controller over Modbus.