SiliconAngle.com features Mark Sasson’s cybersecurity roundups about an increase in cybersecurity deals despite funding dip in 2023.
A new report today from cybersecurity recruitment firm Pinpoint Search Group has found a rise in the number of cybersecurity companies funded in 2023 but a less surprising fall in the amount of funding raised.
The Pinpoint U.S. 2023 Cybersecurity Funding report found 437 transactions in the cybersecurity market, totaling $8.7 billion across 346 funding rounds and 91 mergers and acquisitions.
The transaction volume rose 14% from 303 rounds in 2022, but the amount raised fell 40% from the $14.5 billion raised in 2022.
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