🗝The state of Israel’s cybersecurity market.
More Capital, Fewer Startups
In 2017 we witnessed 60 newly founded cybersecurity startups emerge in Israel, a 28% decrease from the 83 companies founded in 2016.
Conversely, the average 2017 seed round increased 16% YoY, growing from $2.85 million to $3.3 million.
This is Israel’s fourth consecutive year of increasing round sizes at the seed stage – a trend that we are observing and contributing to as we write larger checks to invest in great cybersecurity entrepreneurs.
TechCrunch
https://techcrunch.com/2018/01/14/the-state-of-israels-cybersecurity-market/?ncid=rss