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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