September ’23 Cyber Security Vendor Funding | M&A

Pinpoint is constantly working to improve its data collection and dissemination. As cybersecurity is an industry in constant flux, where segments continue to be created or rebranded, our guiding principle is to record and reflect data as accurately as possible while maintaining measurable statistics.

Here’s how we go about it.

•  The primary objective is tracking the cybersecurity vendor community.
  
  
• The existence of a security feature within a wider tech offering does not make it a “cybersecurity vendor” for this data set.
  
  
• If a funding round has not been defined, it is referred to as “funding”.
  
  
• A “plus round” or “oversubscribed round” will be categorized in the round that has been oversubscribed. Example: A+ round will be recorded as an “A” round of funding.
  
  
• Grants and debt funding will not be recorded.
  
  
• Sub $1M pre-seed / seed rounds will not be recorded.
  
  
• Undisclosed funding rounds are omitted starting Q3, 2023.
  
  
• Due to the abundance of segments within cybersecurity, we have narrowed down the categories to reflect the core security function, or issue, the vendor addresses. This allows for reasonably accurate YoY segment comparisons.
  
  
• “Cloud Security” will be used only if a vendor performs multiple security functions in the cloud. If a vendor protects one function (exa. Identity or Data) in the cloud, they will be categorized as “Identity” or “Data”.