Vulnerabilities / Threats

09:00 AM
Jai Vijayan
Jai Vijayan
Connect Directly

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.
1 of 11

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

1 of 11
Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
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? 
User Rank: Apprentice
9/21/2017 | 10:27:32 AM
You should check out JASK, a super-hot new player that brings AI to the SOC.
Who Does What in Cybersecurity at the C-Level
Steve Zurier, Freelance Writer,  3/16/2018
New 'Mac-A-Mal' Tool Automates Mac Malware Hunting & Analysis
Kelly Jackson Higgins, Executive Editor at Dark Reading,  3/14/2018
IoT Product Safety: If It Appears Too Good to Be True, It Probably Is
Pat Osborne, Principal - Executive Consultant at Outhaul Consulting, LLC, & Cybersecurity Advisor for the Security Innovation Center,  3/12/2018
Register for Dark Reading Newsletters
White Papers
Current Issue
How to Cope with the IT Security Skills Shortage
Most enterprises don't have all the in-house skills they need to meet the rising threat from online attackers. Here are some tips on ways to beat the shortage.
Flash Poll
[Strategic Security Report] Navigating the Threat Intelligence Maze
[Strategic Security Report] Navigating the Threat Intelligence Maze
Most enterprises are using threat intel services, but many are still figuring out how to use the data they're collecting. In this Dark Reading survey we give you a look at what they're doing today - and where they hope to go.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.