Israel's Cyber Sector Breaks Another Record, Raising $1.5B in Q1
Daniel Sonnenfeld Success builds on booming 2020, when sector attracted $2.9B in capital The first three months of 2021 saw the Israeli cybersecurity market break another record by raising $1.5 billion in funding. While other economic sectors have floundered, Israel’s cybersecurity industry has continued to skyrocket, with one record-breaking period chasing the other. First 2019 set a record; the companies raised $1.8 billion in capital. Then 2020 arrived and another peak was reached. Companies in the industry raised $2.9 billion, almost 70% more than the previous year. Now, 2021’s first...
Source: themedialine.org