Last week saw the release of my latest research report: 2020 Cyber Security Startup Funding Analytics. This was a long read 70 page report. It focused solely on venture capitalist funding for global cyber security companies. It covered all early rounds in 2020, aimed solely on startups receiving seed and series A funding rounds.

Over $2.3 billion was released in 2020 on the cyber related organisations. Nearly 550 organisations received funding in total. The largest amount being $123 million and was raised by ns8 – a fraud management platform. Other organisations in the top 10 rounds included:

Funding was down from $2.6 billion in 2019 – a likely impact of the Covid-19 pandemic. As expected the majority of funding landed in North America. Out of Europe, the UK lead the company locations.

The busiest month for funding activity was June 2020 – with over $400 million being raised.

The report goes on to analyse the 550 startups that received funding, mapping their capabilities into the NIST Cyber Security Framework. As a result, this allowed me to understand the relationship of the emerging cyber security scene to the Identify, Protect, Detect, Respond and Recovery security components of the framework.

A functional and non-functional analysis identified what the 2020 crop of series A funded organisations were trying to achieve and from which security sectors. As a result, CISOs for example, can therefore start to understand which issues are deemed the most likely to emerge in the next three years.

Deep dives on the top 10 funded organisations and the associated 22 venture capitalists conclude the report. The venture capitalist analysis included what other historical cyber security investments they have made and what other non-cyber companies they had funded in 2020.

By the end of the report you will know:

  • What the top 10 series A cyber security rounds in 2020 where
  • What patterns emerged from the 550 cyber security startups in 2020
  • Which functional requirement was far and away the leader
  • Which non-functional requirements were consistent
  • A mapping of the funded organisations to the NIST Cyber Security Framework
  • Which cyber-only venture capitalists where busy in 2020
  • Which cyber security areas lacked funded are potential for innovation

To purchase the report in full see here.

A 1 hour inquiry is available to discuss the report contents and is available here.

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