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How the Economic Downturn Has Affected Security Funding, M&A
Feb. 22, 2023, 1:17 p.m. |
DataBreachToday.co.uk RSS Syndication www.databreachtoday.co.uk
The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
amp back capital cyber cybersecurity cybersecurity industry downturn economic economic downturn funding industry m&a m& momentum momentum cyber security security funding stock the record venture venture capital
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