Cyber Security Vendor Funding Report – Q2, 2023

Q2 Cyber Security Vendor Transaction Highlights

  • 116 total funding and M&A transactions
  • $1.9 Billion raised over 97 rounds
  • 19 total M&A events

Crunching the Numbers

  • The $1.9 Billion raised in Q2, 2023 represents a 55% decline in funding raised when compared to Q2, 2022.
  • Funding volume was nearly identical with 97 funding rounds tracked in Q2 ’23 and 92 in Q2, ’22.
  • YTD 2023, cybersecurity vendors have raised $4.8 Billion over 172 rounds.
  • 2023’s H1 funding represents a 50% decline when compared to the $9.7B raised in H1 2022 (177 funding rounds). 

Annual Funding Comparison

Q2 Security Vendor Funding

Q2 Funding Round Count

Q2's funding rounds and mergers & acquisitions

About Pinpoint Search Group

Pinpoint recruits VPs, Directors and Sr. Individual Contributors for cyber security vendors. As start-ups continue raising millions in funding and established vendors make acquisitions to round out their offerings, Pinpoint Search Group is keeping track.

Contact us to discuss adding talent to your team, or if it’s time to explore new opportunities. 

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