February 7, 2023

It was last year Record breaking of the cyber security market. Data from Momentum Cyber, a financial advisory firm for the security sector, showed that cybersecurity startups raised $29.5 billion in venture capital in 2021, more than double the $12 billion raised in 2020, in While records – including Dragos and Noname Security – have been minted as unicorns.

The past few months have begun to paint a different picture for the industry, which has weathered the pandemic, geopolitical struggle and – and so far – the looming economic storm.

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